PESI Perma-Fix Environmental Services, Inc.

$PESI Never was there a more quintessential example of an oxymoron than when one uses the term "financial management" within the context of this company.

$PESI Every single quarterly release for this company is met w/maximum trepidation, every single one. They always disappoint, they always drain cash, they always have a multitude of excuses.

$PESI When does the cash burn rate exhaust their cash balance? Given the history of delays from the DOE and footdragging at Department of Ecology, and allowing for that possibility, I think they might make it to mid-2027, depending on how much they want to keep throwing at the PFAS project, JMO. The overhead they are carrying is killing them. Just waiting on Hanford while absorbing those costs is eating them alive. Tick Tock.