Thanks for the breakdown
Can you please give clarification on following points as I didn’t fully understand them:
- Is the on-site budget still needed? Does this cover costs from our April on-site?
- there is a bullet for a legal funding that has been stopped. Has this been funded before? If yes, where is that allocation now?
- more than $30k a month for Ops is high for a headcount of 2 incl. legal. Do you still need to work full capacity on the wind-down? There is not that much to do apart from closing books as teams mostly reorganize themselves??
- why do we still need some marketing budget? Is there some protection against dismissal in place or payment for salaries until EOM?
All in all these expenses are rather hard to follow and dissect but thanks a lot for providing a more transparent picture so we finally see the true amount of costs, especially the overhead in Ops to run this entity.