Jan. 15 at 5:53 PM
$KBLB
Good article that we all need to understand. https://beyondspx.com/quote/KBLB/analysis/kblb-spider-silk-s-commercial-dawn-meets-financial-dusk
"The balance sheet reveals the magnitude of the financial challenge. As of September 30, 2025, KBLB reported a working capital deficiency of
$8.54 million and a stockholders' deficiency of
$7.96 million. Current liabilities increased to
$10.18 million, primarily due to a rise in accounts payable to related parties. The company had only
$1.57 million in cash on hand, yet used
$1.34 million in cash from operations during the nine months ended September 30, 2025. This implies an average quarterly cash burn of approximately
$0.45 million, suggesting a cash runway of about 3.5 quarters without additional financing."
I believe in this technology and its applications but we need to all recognize the risks. Do not invest what you cannot afford to lose with this company if these samples do not turn into orders