Here is an excerpt from this evening's financial announcement.
Bottom line is, we have $ 6.55 cash left.
If, as we hear, there are only very few people left ( 4 or so by taterdawg's account ) our cash burn going forward should diminish quickly.
ATLANTA, Oct. 30 /PRNewswire-FirstCall/ -- Clarus Corporation (Nasdaq: CLRS, news) today announced financial results for the third quarter of 2002. As a result of the company's recently announced signing of a definitive agreement for the sale of its core assets and operations to Epicor Software Corporation (Nasdaq: EPIC, news), as well as its further intent to divest all remaining operations, the company's financial reporting for the third quarter categorizes the related assets and operations as discontinued operations. For a complete explanation of the current financial results, please refer to the third quarter financial statements and the accompanying footnotes which are included in this release. Net loss on a GAAP basis for the third quarter of 2002 was $4.0 million, or $0.26 per share. Pro forma net loss for the quarter was $1.2 million, or a loss of $0.08 per share. As of September 30, 2002, the Company's balance of cash and marketable securities was $102.6 million, or $6.55 per share.