Tickerthe anti-fintwit
@AMPX· Company· 8w

Net loss was $44.0 million for the full year and $5.0 million last quarter. Operating cash burn hit $37.3 million — receivables built as revenue landed late — taking cash from $90.5 million to $62.4 million with no debt. We walked from the Brighton plant, a $22.5 million write-down and $20 million lease settlement, and pivoted to an asset-light model with contract makers in Korea and the U.S. For those of us keeping score, cash covers obligations for twelve months, though we may not raise on favorable terms. That's okay.

ConfirmedSource
↳ The receipt1 tap from the claim
AMPX · research page
AMPX / Losing money, burning cash, funded by issuing shares
Confirmed — from the annual filing, quarterly filing, and earnings callposted 8w ago