Turning to Slide 5. On July 31, 2012, total cash, cash equivalents, restricted cash and investment were $29.4 million as compared to $33.2 million as of April 30, 2012. The net decrease in cash and investment was $3.8 million for the 3 months ended July 31, 2012, compared to $5.2 million for the 3 months ended July 31, 2011. Our quarterly cash outflow from operating activities may vary significantly in future periods, depending on the success of our business development initiative and also on expenditures related to our project in Oregon.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts