0001213900-26-057844
SEC filingRevenue was $9.6M Gross Profit was $1.8M Operating Income was -$2.4M Net Income was -$2.7M
Cash flow reflected the loss position, with net cash provided by operating activities at -$528 thousand. After $227 thousand in capital expenditures, free cash flow stood at -$755 thousand. This cash burn highlights working capital demands and negative operations amid losses. As noted in Item 7, the company's primary liquidity sources remain cash flows from operations (currently negative), capital contributions from shareholders, and bank loans. Liquidity is thus contingent on generating positive operating cash, securing equity financing, and accessing debt from financial institutions—critical given the ongoing loss trajectory and absence of material operating cash inflows.