Not really, that's accounts receivable. They also have $3.4 billion in liabilities.
No, as of June 1 the company had $2.8B of cash, cash equivalents AND short-term investments (liquid securities). There's an additional $2.5B of accounts receivable on the balance sheet.
You are correct that BBRY has $3.4B of current liabilities.
If they can stop the bleeding, which I suppose they will if their goal is to chop shop it. They'll fire another 30% and start shopping parts of BB
First step stop making $1B worth of devices no one wants to buy.