SusGlobal Energy Corp. Reports Second Quarter 2023 Financial Results
SusGlobal Energy Corp. Reports Second Quarter 2023 Financial Results
Toronto, Ontario--(Newsfile Corp. - August 16, 2023) - SusGlobal Energy Corp. (OTCQB: SNRG) ("SusGlobal") or (the "Company"), an environmental, agricultural, industrial biotechnology and renewables company, today announced financial results for the second quarter ended June 30, 2023 and provided an update on its operational progress.
安大略省多倫多-(Newsfile Corp.-2023年8月16日)-SusGlobal Energy Corp.(OTCQB:SNRG)(“SusGlobal“)或(”公司環境、農業、工業生物技術和可再生能源公司)今天公佈了截至2023年6月30日的第二季度財務業績,並提供了最新的運營進展情況。
Recent Highlights
最近的亮點
- As previously disclosed, on April 3, 2023, Pace Savings & Credit Union Limited had lent money to the Company and its subsidiaries (collectively, with the Company, referred to as the "Borrowers"). As of March 28, 2023, the Borrowers owed Alterna Savings and Credit Union Limited ("Alterna"), as assignee of that debt, $3,860,234 (CAD$5,195,274), including accrued interest of approximately $391,575 (CAD$527,000). On March 28, 2023, the Company entered into an escrow agreement, dated March 28, 2023, (the "Escrow Agreement") with a third-party escrow agent (the "Escrow Agent") to facilitate the discharge in full of its indebtedness to Alterna. Pursuant to the Escrow Agreement, the Company deposited into escrow $928,785 (CAD$1,250,000) and signed counterparts of a mutual release agreement and indemnity agreement. As further disclosed in our Quarterly Report on Form 10-Q for the period ended June 30, 2023, filed on August 14th, on release by the Ontario Ministry of the Environment, Conservation and Parks ("MECP") to Alterna of the letter of credit No. 78 dated May 20, 2020, in the sum of $205,692.96 (CAD$276,830.63) the escrow of $928,785 (CAD$1,250,000) will be released to Alterna. The MECP will not release letter of credit No. 78 until the Company obtains a new letter of credit for the benefit of the MECP in the amount of $473,782 (C$637,637). The Company is in the process of obtaining this new letter of credit. Alterna has deposited into escrow an authorization empowering the Company to discharge all security and registrations relating to the debt on its behalf, such that Alterna will no longer have any registered security interests in relation to the Company. When the escrowed property is released, the Company will no longer have any indebtedness to Alterna (or Pace).
- 如先前所披露,於2023年4月3日,Pace Savings&Credit Union Limited已借出款項予本公司及其附屬公司(統稱為本公司,簡稱“本公司”)。借款人截至2023年3月28日,借款人欠Alterna Savings and Credit Union Limited(“另類“),作為這筆債務的受讓人,3,860,234美元(5,195,274加元),包括約391,575加元(527,000加元)的應計利息。2023年3月28日,公司簽訂了日期為2023年3月28日的託管協定(”託管協定“)與第三方託管代理(”託管代理“)為協助清償對Alterna的債務。根據託管協定,公司存入托管928,785美元(加元1,250,000加元),並簽署了相互免除協定和賠償協定的副本。如我們於8月14日提交的截至2023年6月30日的Form 10-Q季度報告中進一步披露的那樣這是在安大略省環境、保護和園林部(MECP)向Alterna發放日期為2020年5月20日、金額為205,692.96美元(276,830.63加元)的第78號信用證後,將向Alterna發放928,785美元(1,250,000加元)的託管資金。MECP不會發放第78號信用證,直到公司為MECP獲得金額為473,782美元(637,637加元)的新信用證。該公司正在獲得這份新的信用證。Alterna已向託管機構交存授權書,授權公司代表其解除與債務有關的所有擔保和登記,從而Alterna將不再擁有與公司相關的任何登記擔保權益。當託管財產解除後,公司將不再欠Alterna(或Pace)任何債務。
- On April 25, 2023, the Company announced that its wholly owned subsidiary, SusGlobal Energy Belleville Ltd. ("SusGlobal Belleville") generated approximately 9,500 additional Verified Emission Reductions and Removals ("VERRs") and sold a further 3,000 carbon credits as part of the Anew SusGlobal Belleville Composting Offset Project in Ontario (the "Project"). The Project has generated approximately 114,500 VERRS (generated from 2017 through 2022). The Project and report are listed on the GHG CleanProjects Registry, a business unit of the Standards Division of the Canadian Standards Association ("CSA") for developed and marketed greenhouse gas ("GHG") offset credits from the Company's 49-acre Organic & Non-Hazardous Waste Processing & Composting Facility in Belleville, Ontario. The Project was developed by Anew Climate, LLC formerly known as Blue Source Canada ULC) ("Anew").
- 2023年4月25日, 本公司宣佈其全資附屬公司SusGlobal Energy Belleville Ltd.(“SusGlobal Belleville“)產生了約9,500個額外核實的減排和清除量(”VERR“),並進一步出售了3,000個碳信用額度,作為安大略省新的SusGlobal Belleville堆肥抵消專案的一部分(The”專案“)。該專案已經產生了大約114,500份VERR(從2017年到2022年)。該專案和報告列在溫室氣體清潔專案登記處,這是加拿大標準協會標準部的一個業務部門(”環孢素A“)開發和銷售的溫室氣體(”溫室氣體)抵消該公司位於安大略省貝爾維爾佔地49英畝的有機和非危險廢物處理和堆肥設施的信用額度。該專案由An New Climate,LLC開發,前身為Blue Source Canada ULC)(重新開始“)。
- On July 17, 2023, the Company received notice from The Scotts Miracle-Gro Company that it was withdrawing its opposition to the Company's trademark SUSGRO (the "Mark") application in the U.S. and Canada. On July 27, 2023, the Mark was registered under Registration Number TMA1,192,300 with Innovation, Science and Economic Development Canada, Canadian Intellectual Property Office. This registration will be in effect for a period of ten years, expiring on July 27, 2033.
- 2023年7月17日,該公司收到斯科特奇跡-格羅公司的通知,表示將撤回對該公司在美國和加拿大的商標SUSGRO(“標誌”)申請的反對意見。2023年7月27日,該商標在加拿大知識產權局創新、科學和經濟發展部註冊,註冊號為TMA1,192,300。這項註冊有效期為十年,至2033年7月27日屆滿。
- On July 18, 2023, the Company announced that its wholly owned subsidiary, SusGlobal Energy Canada I Ltd. ("SusGlobal Canada I"), signed an Agreement of Purchase and Sale dated June 15, 2023. This agreement secures the acquisition of 2.03 acres of prime M5 Industrial Lands, located at 490 Nash Road North, in Hamilton, Ontario, adjacent to the Company's existing 3.26-acre site and facility at 520 Nash Road North. The Company believes the purchase marks a monumental step forward for SusGlobal as it merges the lands for a total 5.29-acre licensed site and solidifies its position as a leader in the organic waste processing and fertilizer production industry. Colliers International Realty Advisors Inc. ("Colliers") at the Company's request, carried out an analysis of the property to estimate its prospective market value. Based on their opinion the market value "As Complete" of the fee simple interest in the property as of June 2, 2023, is estimated at US$13,931,778 (CA$18,750,000). The value estimate is based on an exposure period of six months or less, assuming the basis of a transaction involving cash to the vendor and is in conjunction with the Assumptions and Limiting Conditions stated within the appraisal. The report describes the methods and approaches to value in support of the above conclusion, and contains the pertinent data gathered in their investigation of the market.
- 2023年7月18日, 本公司宣佈其全資附屬公司SusGlobal Energy Canada I Ltd.(“SusGlobal加拿大i),簽署了一份日期為2023年6月15日的買賣協定。這項協定確保收購2.03英畝的優質M5工業用地,位於安大略省漢密爾頓納什路北490號,毗鄰公司現有的3.26英畝的土地和設施,納什路北520號。公司認為,此次收購標誌著SusGlobal向前邁出了一大步,因為它合併了土地,獲得了總計5.29英畝的許可用地,並鞏固了其在有機廢物處理和化肥生產行業的領先地位。高力國際房地產顧問公司。煤礦工人應公司要求,對該物業進行了分析,以估計其預期市場價值。根據他們的意見,截至2023年6月2日,該物業的費用簡單權益的“完整”市場價值估計為13,931,778美元(加元18,750,000加元)。該價值估計基於六個月或更短的曝光期,假設與賣方的現金交易為基礎,並與評估中所述的假設和限制條件相結合。該報告描述了支持上述結論的估值方法和途徑,幷包含了他們在市場調查中收集的相關數據。
- On August 1, 2023, the Company announced it had received a Renewable Natural Gas (RNG) Carbon Intensity (CI) Report using the GHGenius model to calculate the CI of the produced RNG from Source Separated Organic (SSO) Feedstock, analyzing the energy balance and emissions of contaminants associated with the production and use of traditional and alternative transportation fuels. Versions of the model are specified in renewable fuel regulations in the province of Ontario, Alberta and British Columbia. The GHGenius is capable of estimating life cycle emissions of the primary greenhouse gases (GHG) and the criteria pollutants from combustion and process sources. GHGenius can predict emissions for past, present and future years through to 2050 using historical data or correlations for changes in energy and process parameters with time that are stored in the model. Facilities will produce a total of approximately 675,000 Gigajoules (GJ) of RNG per year, approximately 36,000 dry tonnes per year (dry tpy) of Digestate produced will be processed and sold as SUSGRO Organic Liquid Fertilizer. The Company has received a 24.7 on the Report's CI Score. As this system uses a reversed scaled approach, in which lower a number denotes a better value in the RNG and sustainability, the Company is expected to continue to receive these opportunities in the future attracting seasoned offtake partners.
- 2023年8月1日,該公司宣佈已收到可再生天然氣(RNG)碳強度(CI)報告,該報告使用GHGenius模型計算來源分離有機(SSO)原料生產的RNG的CI,分析與生產和使用傳統和替代交通燃料相關的能量平衡和汙染物排放。該車型的版本在安大略省、艾伯塔省和不列顛哥倫比亞省的可再生燃料法規中有所規定。GHGenius能夠估計主要溫室氣體(GHG)的生命週期排放量,以及來自燃燒和過程來源的標準汙染物。GHGenius可以使用存儲在模型中的歷史數據或能源和過程參數隨時間變化的相關性來預測到2050年的過去、現在和未來幾年的排放量。這些設施每年將總共生產約675,000吉焦耳(GJ)的RNG,每年生產的約36,000幹噸(幹Tpy)的豆渣將被加工並作為SUSGRO有機液體肥料出售。該公司在該報告的CI得分中獲得了24.7分。由於該系統使用反向比例方法,其中數位越低意味著RNG的價值和可持續性越好,預計公司未來將繼續獲得這些機會,以吸引經驗豐富的承購合作夥伴。
Revenue increased by 39% during the second quarter of 2023 to $153,487 compared to the second quarter of 2022 in the amount of $110,143, due to increased business primarily from an existing customer in the Company's organic waste processing and composting facility.
與2022年第二季度相比,2023年第二季度的收入增加了39%,達到153,487美元,達到110,143美元,這主要是由於公司有機廢物處理和堆肥設施的現有客戶的業務增加所致。
"We continue to process municipal organic waste streams, diverting them from landfills, while producing regenerative products and monetizing carbon offset credits as part of our Circular Economy model. We have confidence in a revenue ramp up this year and the signing of an offtake agreement," said Marc Hazout, Executive Chairman, President and CEO of SusGlobal Energy Corp. "Now that we have increased our landholdings at our second facility, our goal is to commence the commercialization of our proprietary organic liquid fertilizer in order to increase revenue and cash flow, maximizing shareholder value with an objective to up-list to a major exchange."
秀克斯全球能源公司執行主席兼首席執行官梅克·哈扎特表示:“我們繼續處理城市有機廢物流,將它們從垃圾填埋場轉移出去,同時生產再生產品,並將碳抵消信用貨幣化,作為我們迴圈經濟模式的一部分。我們有信心今年收入會上升,並簽署承購協定。”現在我們已經增加了我們在第二家工廠的土地持有量,我們的目標是開始將我們專有的有機液體肥料商業化,以增加收入和現金流,最大化股東價值,目標是在一家主要交易所上市。“
Unaudited 2023 Second Quarter Financial Results
未經審計的2023年第二季度財務業績
For the second quarter ended June 30, 2023, SusGlobal recorded:
在截至2023年6月30日的第二季度,SusGlobal記錄如下:
- Revenue of $153,487.
- Cost of sales of $199,963.
- Operating expenses of $632,995 comprised primarily of $253,734 of total stock-based compensation, $139,386 of interest expense, $117,305 of management compensation-fees, $110,224 of marketing expense and $66,105 of professional fees offset by foreign exchange income of $239,570.
- Net loss of $2,946,778, or $0.02 loss per share-basic and diluted.
- Included in the other expense for the period was an expense of $87,172 for the loss on conversion of a convertible promissory note and a loss of $2,180,135 on the revaluation of the convertible promissory notes.
- Adjusted EBITDA (a non-GAAP financial measure) loss of $153,905.
- $10,903,780 in total assets and $26,185,878 in total current liabilities at the end of the second quarter.
- 收入為153,487美元。
- 銷售成本199,963美元。
- 632,995美元的業務支出主要包括股票薪酬總額253,734美元,利息支出139,386美元,管理薪酬費用117,305美元,營銷費用110,224美元和專業費用66,105美元,外匯收入239,570美元抵消。
- 淨虧損2,946,778美元,或每股虧損0.02美元-基本和稀釋後。
- 該期間的其他支出包括轉換可轉換本票的損失87172美元和重估可轉換本票的損失2180135美元。
- 調整後的EBITDA(非公認會計準則財務指標)虧損153,905美元。
- 第二季度末總資產為10 903 780美元,流動負債總額為26 185 878美元。
About SusGlobal Energy Corp.
關於SusGlobal Energy Corp.
SusGlobal Energy Corp., the developer of SusGro, an award winning and revolutionary pathogen free organic liquid fertilizer, is an environmental, agricultural, industrial biotechnology and renewables company focused on acquiring, developing, and monetizing a portfolio of proprietary technologies in the waste to energy and regenerative product applications globally. It is management's objective to grow SusGlobal into a significant sustainable waste to energy and regenerative products provider and a trusted brand for the fertilizer, soil and aquaculture market, as LEADERS IN THE CIRCULAR ECONOMY. For more information, please visit the Company's website at: .
SusGro是獲獎的革命性無病原體有機液體肥料SusGro的開發商,SusGlobal Energy Corp.是一家環境、農業、工業生物技術和可再生能源公司,專注於在全球範圍內收購、開發廢物轉化能源和可再生產品應用領域的一系列專利技術並將其貨幣化。管理層的目標是將SusGlobal發展成為重要的可持續廢物能源和再生產品供應商,以及化肥、土壤和水產養殖市場值得信賴的品牌,成為迴圈經濟的領導者。欲瞭解更多資訊,請訪問公司網站:。
In accordance with SEC Regulation G, the non-GAAP measurements in this press release have been reconciled to the nearest GAAP measurement, which can be viewed under the heading "Interim Condensed Consolidated Reconciliation of Non-GAAP Information" in the financial table included in this press release.
根據美國證券交易委員會G規則,本新聞稿中的非公認會計準則計量已與最近的公認會計準則計量進行了核對,可在本新聞稿所包括的財務表格中“非公認會計準則資訊的中期精簡合併對賬”標題下查看。
This news release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company's objectives. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "aims," "potential," "goal," "objective," "prospective," and similar expressions, or that events or conditions "will," "would," "may," "can," "could" or "should" occur. The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward looking statements as a result of various factors, including, but not limited to, lack of sufficient financial resources; variations in market conditions, currency and our stock; the Company's ability to obtain any necessary permits, approvals, consents or authorizations required for its activities; the Company's ability to produce energy, biogas, compost or organic fertilizer from its properties successfully or profitably, to continue its projected growth, or to be fully able to implement its business strategies and other risk factors described in the Company's filings with the U.S. Securities and Exchange Commission, which may be viewed at www.sec.gov.
本新聞稿包含“1995年私人證券訴訟改革法”所指的“前瞻性陳述”,包括有關公司目標的陳述。前瞻性陳述是指不是歷史事實的陳述,通常但並非總是由“預期”、“計劃”、“預期”、“相信”、“打算”、“估計”、“專案”、“目標”、“潛在”、“目標”、“目標”、“預期”以及類似的表述,或事件或條件“將”、“將”、“可能”、“可能”、““可能”或“應該”發生。公司提醒投資者,公司的任何前瞻性陳述都不是對未來結果或業績的保證,實際結果可能會由於各種因素而與前瞻性陳述中的結果大不相同,這些因素包括但不限於缺乏足夠的財政資源;市場狀況、貨幣和股票的變化;公司獲得其活動所需的任何必要許可、批准、同意或授權的能力;公司成功或有利可圖地從其物業生產能源、沼氣、堆肥或有機肥料的能力,繼續其預期的增長,或完全能夠實施公司提交給美國證券交易委員會的檔案中描述的業務戰略和其他風險因素,這些檔案可在www.sec.gov上查看。
- Financial Tables Follow -
-財務表格如下-
SusGlobal Energy Corp.
Interim Condensed Consolidated Balance Sheets
As at June 30, 2023 and December 31, 2022
(Expressed in United States Dollars)
(unaudited)
SusGlobal Energy Corp.
中期簡明綜合資產負債表
截至2023年6月30日和2022年12月31日
(以美元表示)
(未經審計)
June 30, | December 31, | |
||||
2023 | 2022 | |
||||
ASSETS | ||||||
Current Assets | ||||||
Cash | $ | 20,685 | $ | 42,900 | ||
Funds held in trust | 944,125 | - | ||||
Trade receivables | 71,152 | 69,193 | ||||
Government remittances receivable | 6,874 | 6,983 | ||||
Inventory | 64,578 | 58,695 | ||||
Prepaid expenses and deposits | 697,883 | 580,852 | |
|||
Total Current Assets | 1,805,297 | 758,623 | |
|||
Long-lived Assets, net | 9,098,483 | 9,107,152 | |
|||
Long-Term Assets | 9,098,483 | 9,107,152 | |
|||
Total Assets | $ | 10,903,780 | $ | 9,865,775 | |
|
LIABILITIES AND STOCKHOLDERS' DEFICIENCY | ||||||
Current Liabilities | ||||||
Accounts payable | $ | 3,855,332 | $ | 3,475,691 | ||
Government remittances payable | 433,884 | 371,587 | ||||
Accrued liabilities | 1,956,555 | 1,781,258 | ||||
Current portion of long-term debt | 10,154,734 | 8,816,931 | ||||
Current portion of obligations under capital lease | 64,528 | 57,275 | ||||
Convertible promissory notes | 9,639,990 | 7,796,433 | ||||
Loans payable to related parties | 80,855 | 40,000 | |
|||
Total Current Liabilities | 26,185,878 | 22,339,175 | |
|||
Long-term debt | 33,978 | 52,495 | ||||
Obligations under capital lease | 35,874 | 64,483 | |
|||
Total Long-term Liabilities | 69,852 | 116,978 | |
|||
Total Liabilities | 26,255,730 | 22,456,153 | |
|||
Stockholders' Deficiency | ||||||
Preferred stock, $.0001 par value, 10,000,000 authorized, none issued and outstanding Common stock, $.0001 par value, 150,000,000 authorized, 121,327,800 (2022- 113,438,832) shares issued and outstanding | 12,137 | 11,348 | ||||
Additional paid-in capital | 18,731,538 | 17,152,018 | ||||
Shares to be issued | 188,348 | 213,600 | ||||
Accumulated deficit | (34,327,147 | ) | (30,345,197 | ) | ||
Accumulated other comprehensive loss | 43,174 | 377,853 | |
|||
Stockholders' deficiency | (15,351,950 | ) | (12,590,378 | ) | ||
Total Liabilities and Stockholders' Deficiency | $ | 10,903,780 | $ | 9,865,775 | |
6月30日, | 十二月三十一日, | |
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2023年年 | 2022 | |
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資產 | ||||||
流動資產 | ||||||
現金 | $ | 20,685 | $ | 42,900 | ||
信託形式持有的資金 | 944,125 | - | ||||
應收貿易賬款 | 71,152 | 69,193 | ||||
應收政府匯款 | 6874 | 6983 | ||||
庫存 | 64,578 | 58,695 | ||||
預付費用和押金 | 697,883 | 580,852 | |
|||
流動資產總額 | 1805,297 | 758,623 | |
|||
長期資產,淨額 | 9098,483 | 9,107,152 | |
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長期資產 | 9098,483 | 9,107,152 | |
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總資產 | $ | 10,903,780 | $ | 9865,775 | |
|
負債與股東缺陷 | ||||||
流動負債 | ||||||
應付帳款 | $ | 3855,332 | $ | 3,475,691 | ||
應支付的政府匯款 | 433,884 | 371,587 | ||||
應計負債 | 1956,555 | 1781,258 | ||||
長期債務的當期部分 | 10,154,734 | 8816,931 | ||||
資本租賃項下債務的本期部分 | 64,528 | 57275 | ||||
可轉換本票 | 9639,990 | 7796,433 | ||||
應付關聯方貸款 | 80,855 | 40,000 | |
|||
流動負債總額 | 26,185,878 | 22,339,175 | |
|||
長期債務 | 33978 | 52,495 | ||||
資本租賃項下的債務 | 35,874 | 64,483 | |
|||
長期負債總額 | 69,852 | 116,978 | |
|||
總負債 | 26,255,730 | 22,456,153 | |
|||
股東缺位 | ||||||
優先股,面值0.0001美元,授權1,000,000股,未發行和已發行普通股,面值.0001美元,授權150,000,000股,已發行和已發行股份121,327,800股(2022-113,438,832股) | 12,137 | 11,348 | ||||
額外實收資本 | 18,731,538 | 17,152,018 | ||||
擬發行的股份 | 188,348 | 213,600人 | ||||
累計赤字 | (34,327,147 | ) | (30345,197 | ) | ||
累計其他綜合損失 | 43,174 | 377,853 | |
|||
股東缺位 | (15,351,950 | ) | (12,590,378 | ) | ||
總負債與股東缺位 | $ | 10,903,780 | $ | 9865,775 | |
SusGlobal Energy Corp.
Interim Condensed Consolidated Statements of Operations and Comprehensive Loss
For the three-month periods ended June 30, 2023 and 2022
(Expressed in United States Dollars)
(unaudited)
SusGlobal Energy Corp.
中期簡明合併經營報表和全面虧損
截至2023年6月30日和2022年6月30日止的三個月期間
(以美元表示)
(未經審計)
For the three-month periods ended | |
|||||
June 30, 2023 | June 30, 2022 | |||||
Revenue | $ | 153,487 | $ | 110,143 | ||
Cost of Sales | ||||||
Opening inventory | 60,959 | 16,806 | ||||
Depreciation | 105,567 | 115,262 | ||||
Direct wages and benefits | 34,673 | 53,408 | ||||
Equipment rental, delivery, fuel and repairs and maintenance | 19,422 | (59,035 | ) | |||
Utilities | 43,920 | 4,358 | ||||
Outside contractors | - | 915 | |
|||
|
264,541 | 131,714 | ||||
Less: closing inventory | (64,578 | ) | (19,555 | ) | ||
Total cost of sales | 199,963 | 112,159 | |
|||
Gross loss | (46,476 | ) | (2,016 | ) | ||
Operating expenses | ||||||
Management compensation-stock-based | ||||||
compensation | 57,600 | 60,113 | ||||
Management compensation-fees | 117,305 | 117,266 | ||||
Marketing | 110,224 | 627,721 | ||||
Professional fees | 66,105 | 360,433 | ||||
Interest expense | 139,386 | 189,708 | ||||
Office and administration | 66,663 | 131,239 | ||||
Rent and occupancy | 52,549 | 65,666 | ||||
Insurance | 8,650 | 34,599 | ||||
Filing fees | 10,833 | 7,368 | ||||
Amortization of financing costs | 26,571 | 33,632 | ||||
Directors' compensation | 18,611 | 14,689 | ||||
Stock-based compensation | 196,134 | 166,275 | ||||
Repairs and maintenance | 1,934 | (13,488 | ) | |||
Foreign exchange (income) loss | (239,570 | ) | 217,929 | |
||
Total operating expenses | 632,995 | 2,013,150 | |
|||
Net loss from operating activities | (679,471 | ) | (2,015,166 | ) | ||
Other expense | (2,267,307 | ) | (213,503 | ) | ||
Net loss | (2,946,778 | ) | (2,228,669 | ) | ||
Other comprehensive (loss) | ||||||
Foreign exchange (loss) income | (328,045 | ) | 309,853 | |
||
Comprehensive loss | $ | (3,274,823 | ) | $ | (1,918,816 | ) |
Net loss per share-basic and diluted | $ | (0.02 | ) | $ | (0.03 | ) |
Weighted average number of common shares outstanding- basic and diluted | 120,395,741 | 99,775,157 | |
截至以下三個月的期間 | |
|||||
2023年6月30日 | 2022年6月30日 | |||||
收入 | $ | 153,487 | $ | 110,143 | ||
銷售成本 | ||||||
期初庫存 | 60,959 | 16,806 | ||||
折舊 | 105,567 | 115,262 | ||||
直接工資和福利 | 34,673 | 53,408 | ||||
設備租賃、交付、燃料以及維修和保養 | 19,422 | (59,035 | ) | |||
公用事業 | 43,920 | 4358 | ||||
外部承包商 | - | 九百一十五 | |
|||
|
264,541 | 131,714 | ||||
減去:期末庫存 | (64,578 | ) | (19555 | ) | ||
銷售總成本 | 199,963 | 112,159 | |
|||
毛損 | (46,476) | ) | (2,016 | ) | ||
運營費用 | ||||||
管理層薪酬--以股票為基礎 | ||||||
補償 | 57600 | 60,113 | ||||
管理薪酬--費用 | 117,305 | 117,266 | ||||
營銷 | 110,224 | 627,721 | ||||
專業費用 | 66,105 | 360,433 | ||||
利息支出 | 139,386 | 189,708 | ||||
辦公室和行政部門 | 66,663 | 131,239 | ||||
租金和入住率 | 52,549 | 65,666 | ||||
保險 | 8650 | 34,599 | ||||
申請費 | 10,833 | 7368 | ||||
融資成本攤銷 | 26,571 | 33,632 | ||||
董事薪酬 | 18,611 | 14,689 | ||||
基於股票的薪酬 | 196,134 | 166,275 | ||||
維修和保養 | 1,934 | (13,488 | ) | |||
外匯(收入)損失 | (239,570 | ) | 217,929 | |
||
總運營費用 | 632,995 | 2013,150 | |
|||
經營活動淨虧損 | (679,471 | ) | (2 015,166 | ) | ||
其他費用 | (2267,307 | ) | (213,503) | ) | ||
淨虧損 | (2946,778) | ) | (2,228,669 | ) | ||
其他綜合(虧損) | ||||||
外匯(虧損)收入 | (328,045 | ) | 309,853 | |
||
綜合損失 | $ | (3274823) | ) | $ | (1918,816 | ) |
每股淨虧損--基本虧損和攤薄虧損 | $ | (0.02 | ) | $ | (0.03 | ) |
已發行普通股的加權平均數--基本和稀釋 | 120,395,741 | 99,775,157 | |
SusGlobal Energy Corp.
Interim Condensed Consolidated Reconciliation of Non-GAAP Information
For the three-month periods ended June 30, 2023 and 2022
(Expressed in United States Dollars)
(Unaudited)
SusGlobal Energy Corp.
非公認會計準則資訊的中期簡明合併對賬
截至2023年6月30日和2022年6月30日止的三個月期間
(以美元表示)
(未經審計)
For the three-month periods ended | |
||||||
June 30, 2023 | June 30, 2022 | |
|||||
Net loss (GAAP) | $ | (2,946,778 | ) | $ | (2,228,669 | ) | |
Add the following items: | |||||||
Interest expense | 139,386 | 189,708 | |||||
Depreciation and amortization | 105,875 | 115,260 | |||||
Stock-based compensation | 253,734 | 226,388 | |||||
Amortization of financing costs | 26,571 | 33,632 | |||||
Loss on conversion of a convertible promissory note | 87,172 | - | |||||
Loss on revaluation of convertible promissory notes | 2,180,135 | 4,488,323 | |||||
Gain on extinguishment of convertible promissory notes | - | (4,274,820 | ) | ||||
Adjusted EBITDA (non-GAAP) | $ | (153,905 | ) | $ | (1,450,178 | ) |
截至以下三個月的期間 | |||||||
2023年6月30日 | 2022年6月30日 | |
|||||
淨虧損(GAAP) | $ | (2946,778) | ) | $ | (2,228,669 | ) | |
添加以下專案: | |||||||
利息支出 | 139,386 | 189,708 | |||||
折舊及攤銷 | 105,875 | 115,260 | |||||
基於股票的薪酬 | 253734 | 226,388 | |||||
融資成本攤銷 | 26,571 | 33,632 | |||||
可轉換本票的轉換損失 | 87,172 | - | |||||
可轉換本票重估損失 | 2180,135 | 4,488,323 | |||||
可轉換本票的消滅收益 | - | (4274820) | ) | ||||
調整後的EBITDA(非GAAP) | $ | (153,905 | ) | $ | (1,450,178 | ) |
Contact
聯繫方式
SusGlobal Energy Corp.
Marc Hazout, President and CEO
(416) 223-8500 or Toll Free: 1-866-512-7374
Email: info@susglobalenergy.com
SusGlobal Energy Corp.
梅克·哈茲奧特、總裁和首席執行官
(416)223-8500免費電話:1-866-512-7374
電子郵件:info@suslobalenergy.com
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