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Is Genelux (NASDAQ:GNLX) In A Good Position To Invest In Growth?

By Yahoo! Finance   |   Aug 17, 2024 at 10:09 AM EST
Is Genelux (NASDAQ:GNLX) In A Good Position To Invest In Growth?

Genelux (NASDAQ:GNLX) has a cash runway of 18 months with $34m cash and $22m cash burn. While analysts predict breakeven in 4 years, shareholders should consider potential dilution risks for raising more capital in the future.

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