During my first 12 months, I have 4 key priorities that are designed to increase shareholder value: First and foremost is to secure capital. In this effort, I am, of course, working closely with our CFO, Keith Goldan. As we announced this morning, we amended our credit facility to reduce the amount of unrestricted cash that we are required to maintain from $3 million to $1 million. With this amendment, we believe our existing cash and cash equivalents will be sufficient to fund debt service and interest obligations and continue operations until the end of the third quarter. To meet our capital needs beyond this point, we are considering multiple alternatives to ensure that we're properly capitalized to achieve our objectives.
NuPathe Management Discusses Q2 2012 Results - Earnings Call Transcript
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