Is GameStop (GME) now cash-flow positive?

So let's get this straight. GameStop now has approximately $4 billion in cash on hand after tapping the market to raise almost $3 billion in the latest meme-stock mania thanks to the one and only Roaring Kitty.

Read that again, $3 billion raised. Insane. Uttery insane, for a company that was left in the dust not too long ago.

It gets good though when you consider the current interest rate environment suggests that even short-term investments should be able to yield a little under 5% interest on that cash. To be a bit more conservative let's pretend that they can achieve 4% on that cash.

This suggests that $4 billion in cash can now yield almost $160 million or almost $40 million per quarter in interest income.

In the last quarter, GameStop had negative free cash flow of only $18.7 million. For the four quarters, this was negative free cash flow of $238.6 million.

Soooo..... presuming the company continues to improve its position as it seems to be doing under Cohen's leadership, is it possible that GameStop is now effectively free cash flow positive??