and priorities. We're Thank to on Daniel, also home much, at been leads requirement the the stages later investment we're facility we the that stages the been Those working the over of funding couple obviously here at we've of top the of funding. latter the need. with that runs to again, final of be they've months, are great the decision the that and construction last it's Daniel, very you and totally concur the
While those communicate endeavors lot looking we'd successful have that love you. to home been runs, have we've of base and have as we hits the we a to well, hit which at there,
-- is versus can't Page negatives the way the because you the love And the gyrations across only year. exchange which there, at not news, dollar. turn U.S. down, X way only but are between way caption look down the the they're foreign that are of the quarter. exchange, P&L, are not to package in you, front has and for implying the have down Canadian you that are which a negatives Not If good negative our Every analyst I'd mean control in you'll the Ordinarily, for they're single board. of to we expenses last results is the doesn't document. case foreign one
XX% not in reductions about expense the talking we're mean, R&D under threshold. of reductions, expense I only tune XX%, So just across to and function, ones.
And talking significant reductions board -- the the we're about the
expenses from lower half comes amount a we're fees. professional G&A, professional talking largely in the fees, by On XX% the reduction lower about driven
looked really is we our this XX% productivity, is expenses looking concert item looked streamline very, department and I'm last we've what what other of down in So heads. improve can have come proud overall, operations every the quarter. tune necessary. very over quarter to that can at we at with We've where And where discretionary
So we've see things we where that's and good. quarter, is, interest been And another income you a one testament to $XXX,XXX. we've of working do line $XX,XXX last that had now got the lot finance on this
on actually savers end on inverted and curve be borrowers benefiting #X. instruments door short having curve yield We're position. significant deploying So highly inverted happen laurels the yield the in end. at benefits We we're not resting market and from a our by liquid long cash it to and
you about rate it's P&L coming burn because back exclude depreciation stock-based venture, guys that equipment the I the correctly are plant the going to compensation was cash because items we're from we've same from noncash, asset. guided a recoverable cash excludes cash, market, remember and And be on a look it's the What angles. then which spending So if not $X.X last our with going rate, out property, and intangible thing that shoulder been from our I burn define quarter at them all at as million. have, run we of lot streamlining $X.XX for the run here internal Proceeding per to we're million deliver given back.
And and going we the XXXX $X.X all rate be between confident million of balance $X is opportunities the our month. money, to and which for are amounts to cash the and on our get million, about costs, equipment, time, statements, rate financial quarter them external of we costs, is but current joint
was I XXXX. towards feel still a for I comfortable. run very $XX rate million guiding So fiscal
think $X.X because million $X the full XXXX, not million is we're million $X.X of to office to there get I year expenses. implying going kind actually at $X to million land there back just for of
smart about you So controlling the pages good we innovation of it, got to we and really of the to would Ulsan we a accounting we've $X we our get cycle, to joint that the that If turn feed the $XX restricted balance being SK, next $XX.X which need later, sure it we and had the XXXX. have plant. cash tender the $XX from in million. receivable million another fiscal of sheet, from about sometime to I pipeline stead X see the operation is making venture can of If expect continuing recoverable to let's about million call which million cash, in bonds, have are to so in really, liquidity costs, of I be
a self-sufficient. will million little $XX that of pretty such the we've and office Ulsan and $XX liquidity that we get the and got be dividend our be So the service to royalties can use million time then plant expenses we'll some with until running in fixed much million, we able $XX luck the paying some got between of
we're hand, with And advanced from Asia on towards path right the with the on cash venture recoverable well JV. the from So our joint self-sufficiency. the now,
have the We liquidity funds to return and on on plant. that hand, time which years from exactly X investments generate same is of about we need frame the
stead. good we So financial are really really,
good We in are liquidity stead.
will from expenses the that, done will a going in at turn really right financial DNA. be done but is that's the work and in that to communicate something we're -- of just better. over continues We perspective.
With And stead to to stop that financial our That's it are looking everybody now, for largely to never I I questions. and ways to wanted streamlining good can liquidity we
