Wednesday, May 25, 2022 6:50:43 PM
Achieved record quarterly net revenues of $10.58 million , a 96% increase from Q1 2021, and a 12% increase from Q4 2021 Â
Improved gross margin (before changes in fair value) to 35% from 32% in Q4 2021, and from 1% in Q1 2021 Â
Continued to decrease costs, with general and administrative expenses of $3.92 million , a 14% decrease versus Q4 2021
Subsequent to March 31, 2022 , amended the secured revolving facility (the "Revolver Loan"), increasing the term portion by $4.0 million to $24.0 million
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