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Sounds like moviepass is on its last legs.
Helios & Matheson said in a filing Tuesday that it had just $15.5 million in cash at the end of April, and the firm has been going through about $21.7 million a month. It also has $27.9 million on deposit with merchant processors.
The revelation sent shares of the technology company down 32 percent -- and sparked fresh concern about whether its MoviePass business can survive.
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