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KVH Industries has $49m in cash and a cash burn of $20m, giving it 2.4 years of cash runway. However, the company's cash burn increased by 438% over the last year, and operating revenue was down 14%. Analysts expect KVH Industries to break even before 2025, but the trajectory of the company's growth is concerning. The company can raise capital through debt or equity, but the rate of cash burn and declining revenue are concerns.

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