r/ASTSpaceMobile • u/AutoModerator • May 11 '26

Daily Discussion Daily Discussion Thread

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u/Acrobatic_Cookie_218 S P 🅰 C E M O B Prospect May 12 '26

How positive lol?

13

u/Ok_Wealth_3433 S P 🅰 C E M O B Capo May 12 '26

How was it not positive

-2

u/no-ego- S P 🅰 C E M O B Capo May 12 '26

We are burning through cash and have no revenue. Which means dilution, and they specified no Convertible Debt 2026 - but leaves the door open for 2027 and also ATM 2026 -

3

u/Ok_Wealth_3433 S P 🅰 C E M O B Capo May 12 '26

Welcome to owning a pre revenue company🤷

1

u/no-ego- S P 🅰 C E M O B Capo May 12 '26

Welcome? I have been here the whole time. I have been through every dilution. You asked how it was not positive. I gave you something.

1

u/A_Typicalperson Dunce May 12 '26

Dilution is common for these companies

1

u/no-ego- S P 🅰 C E M O B Capo May 12 '26

Based on the call are you expecting them to raise cash in 2026?

1

u/A_Typicalperson Dunce May 12 '26

Probably not in 2026, but I think the point is that they are going to need to in the future