SPCE some simple calculations to monitor the financial safety I made a simple spread sheet to calculate what is the current financial health of this company. Keep in mind that this is my personal thought process and it might not be very accurate, but i would rather be a little off then not knowing exactly what is going on. Since this is a pre revenue company that loses money every year the thing that we need to analyze is how much cash they have on hand at all times on their balance sheet and what is their burn rate. Cash and short term investments 629 450 000 at the moment, their net loss last year was 230 000 000 which means that if not one cent gets injected in to the company for the next 2,73 years they will run out of money. I also calculated their Shares/ Cash which comes that 2,44$ of their current share price is covered by their cash and short term investments. So if you calculate the share price without the 2,44$, currently you are getting the company for 4,84$, which in my opinion in the current market environment is pretty cheap. I currently have a good chunk of shares in my portfolio on an average price of 11 bucks, but im planning to average down every 2 dollars that the share price falls, if it falls more. So my thinking is that considering that this is a futuristic aerospace company these price levels provide a relatively safe bet for 200- 400% gain in the next couple of years. Also they can always do a dilution for money money or get in more debt until they become profitable.