Origen Financial Inc fka ORGN

[roadkilll]

Q4 CC
2023 was Origin's first year of revenue generation since becoming a public company, with revenue of $13.1 million and $28.8 million for the fourth quarter and full year, respectively.
* somebody is interested in the scale results
Management said
* they have fine tuned the plant on corn starch and should be producing product using wood residue in the coming months.
* expecting licensing of cap closures this year and becoming profitable by 2025.
* cash burn expected to drastically slow as business model means partners will be funding the next steps
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The coming months are going to be make it or break it for Origin. Moonshot if the news is good and a partner is announced.