iCetana Ltd. (AU:ICE) has released an update.
iCetana Ltd has reported a decrease in cash and cash equivalents, ending the quarter with $1.859 million compared to $2.577 million at the start of the period. The company’s cash flow statement shows net cash used in operating activities at $718,000, with significant payments for staff costs and product manufacturing. Additionally, during the quarter, iCetana Ltd engaged in minimal investing and financing activities, impacting the company’s overall cash position.
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