Cash Runway Formula: How to Calculate It (Real Lucid 2026 Example)

The cash runway formula is just cash ÷ net burn — but the number it produces can be dangerously wrong. In this episode we break down gross vs net runway, walk through Lucid Motors' real Q1 2026 figures (~$3.2B liquidity against ~$1.44B of quarterly cash burn that more than doubled year over year), and introduce the Runway Triangle: a three-number check — duration, efficiency, and timing — that tells you whether your runway is actually real or just a comforting snapshot. Plus the 2026 benchmarks investors now use to judge it.Full written post: https://frameworklist.com/academy/cash-runway-formulaFramework iOS app: https://apps.apple.com/app/id6765632580