Our Exit Notes — $25.3M net, maturing December 7, 2026, floating rate, secured on substantially all assets — are classified current. The 10-K says there is 'no assurance' we repay or refinance at maturity. Cash of $28.9M barely covers the note; operating cash flow is negative. The bridge is a refinancing, an uplisting raise, or fresh capital — nothing signed at this time, no guarantees yet. We don't have a crystal ball. This cliff is the honest centerpiece.
← stream@CEPL solid