The press release you cited reports the top‑line and loss metrics for the quarter and the first half of fiscal 2025, but it does not disclose Retractable Technologies’ cash‑on‑hand or cash‑equivalents. Those figures are normally found in the company’s latest Form 10‑Q (or the accompanying earnings release “cash balance” footnote). Without the disclosed cash balance we can’t calculate an exact runway; the calculation would simply be Cash ÷ Quarterly operating loss (≈ $5.1 million) to express how many quarters of burn the firm can sustain.
If you obtain the cash figure (for example, if the balance sheet shows $15 million of cash), the runway would be roughly 15 ÷ 5.1 ≈ 3 quarters (≈ 9 months) at current loss rates, assuming no additional financing or cost‑reduction measures. Conversely, a lower cash stack would shrink the runway proportionally. Traders should therefore keep an eye on the upcoming 10‑Q filing (or any cash‑flow updates) for that number, as a short runway can trigger equity dilution events, asset sales, or a sharp price correction. From a technical standpoint, RVP has been trading near its 200‑day moving average after a modest bullish bias from the earnings beat on sales; a breach below that support with volume could signal the market pricing in cash‑runway concerns. In practice, a prudent short‑to‑medium‑term stance would be to monitor cash‑burn disclosures and any financing announcements before adding to—or exiting—a position.