Martin Pollack's questions to Lifeward (LFWD) leadership • Q3 2024
Question
Focused on the company's cash position, inquiring about the expected Q4 cash burn, the company's ability to sustain operations without raising more capital, and whether they could survive on a lower revenue level than the breakeven target.
Answer
The Q4 cash burn is expected to decrease significantly from Q3, though the exact amount depends on the timing of Medicare payments. The company affirmed its belief that it can reach its goals without raising additional capital, citing revenue growth, expense reductions, and cash benefits from facility consolidation which will reduce inventory. Sustainability depends on achieving the expected growth in ReWalk and recovery in AlterG.