In this report, we will consider LARK Distilling's annual negative cash flow, henceforth referring to it as the 'cash burn' In the last year, its cash burn was AU$4.0m, which means it had a cash runway of around 17 months as of December 2023. We reckon the fact that the end of the cash runway is in sight, unless cash burn reduces drastically. Generally speaking, a listed business can raise new cash through issuing shares or