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They are still burning through a lot of money--no more than $2 million a month, each claims--but they say they can break even by the end of next year.
"They are burning through a lot of enforcers".
But it is there, relentlessly burning through a mammoth anthracite vein.
We think they're still burning through a lot of cash despite all the cost-cutting.
"It is like a ring of fire burning through a piece of paper," he said.
The Navy released video and still images of the laser weapon burning through a drone during a test firing.
Similar(32)
G.M. had been burning through an estimated $1 billion a month this year, and analysts say that figure probably increased significantly in the third quarter.
G.M. is burning through an estimated $1 billion in cash each month and is in jeopardy of running out of money by next year.
That cash hoard could be a big lure for G.M., which had $21 billion in cash on hand at the end of the second quarter, but is burning through an estimated $1 billion of it each month.
G.M. has been burning through an estimated $1 billion in cash each month since the middle of the year, although some analysts believe that figure has grown substantially with the drastic drop in demand for new vehicles.
The Berlin-based company clearly thinks it has cracked the "curated design market" which the original Fab.com went for, but famously crashed out to a $15 million sale after burning through an eye-watering $150 million of investment.
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CEO of Professional Science Editing for Scientists @ prosciediting.com