Hi dig,
Too many potential variables in the balance sheet (eg increases/ decreases in AR and AP) to get down to the final cash balance. But looking at Wave's company only numbers and starting from the top here are the numbers I think I have a handle on:
The cash balance bf is $6.9m.
The net loss will be $4.2m or so. -
Depreciation will add back around $0.2m. +
Stock-based compensation will be $1.5m or so. +
I expect BP will have paid Wave the full contract amount upfront and that little of the income will have appeared in the P&L, so add $1.7m. +
So these things together put the cash at around $6.1m before other balance sheet adjustments are made.
The remainder of the cash flow calculation depends upon decisions such as how slowly Wave pays its creditors and how hard it chases its debtors, whether it has purchased any fixed assets, if there have been any investment-related activities such as the redemption of warrants etc.
These things I don't know. Do you have a handle on the warrants redeemable during the fourth quarter?
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