As of September 30, 2012, total cash, cash equivalents, and marketable securities were $193.4 million.
As of December 31, 2012, the Company's total cash, cash equivalents and marketable securities were $175.9 million
We had the old reported numbers ( 179 ) in our head, thinking it was Q3. In reality the cash burn is 17M between both period's.
That gives Sequenom 10 Quarters of money... 2.5 Years. If they do not gain more profit.
Happy to see that i'm not the only person who did notice this detail, how the cash has not gone down as fast as before. But they did increase from there loan ( for machine buying ).
I will give you another one: Cash burn in 2012 was 87M ( if i remember correctly ). That means, with the current amount of cash, even without added income from the test, they have 2 years of cash in hand.
Problem is: Who cares... Think most people are getting fed up waiting more years, to see some positive movement in the stock.
They're also run-rating over $220M in revs conservatively, more than 2.5x last year's revs, with the majority of non-recurring capital expenses behind them. Between that and the cash build, 2013 should be just fine for those who haven't run out of patience.