AquaBounty Technologies Announces First Quarter 2024 Financial Results
AquaBounty Technologies Announces First Quarter 2024 Financial Results
Harvard, Massachusetts--(Newsfile Corp. - May 15, 2024) - AquaBounty Technologies, Inc. (NASDAQ: AQB) ("AquaBounty" or the "Company"), a land-based aquaculture company utilizing technology to enhance productivity and sustainability, today announced the Company's financial results for the first quarter ended March 31, 2024.
马萨诸塞州哈佛市--(新闻档案公司,2024年5月15日)——利用技术提高生产力和可持续性的陆基水产养殖公司AquaBounty Technologies, Inc.(纳斯达克股票代码:AQB)(“AquaBounty” 或 “公司”)今天公布了公司截至2024年3月31日的第一季度财务业绩。
First Quarter 2024 Highlights and Recent Developments
2024 年第一季度亮点和最新进展
- Net loss in the first quarter was up significantly at $11.2 million for 2024 as compared to $6.5 million in the first quarter of 2023. The current period loss included a non-cash impairment charge of $4.3 million against the long-lived assets of the Indiana farm and a non-cash charge of $1.0 million to reduce the value of its inventory.
- Cash, cash equivalents, and restricted cash totalled $3.6 million as of March 31, 2024, as compared to $9.2 million as of December 31, 2023.
- On April 18, 2024, the Company executed a bridge loan agreement for up to $10.0 million, secured by the assets of its Indiana and Ohio farms. The Company has received $5.0 million to date.
- 2024年第一季度的净亏损大幅增加,达到1,120万美元,而2023年第一季度为650万美元。本期亏损包括针对印第安纳州农场长期资产的430万美元非现金减值费用以及用于降低其库存价值的100万美元非现金费用。
- 截至2024年3月31日,现金、现金等价物和限制性现金总额为360万美元,而截至2023年12月31日为920万美元。
- 2024年4月18日,该公司执行了一项高达1,000万美元的过渡贷款协议,由其印第安纳州和俄亥俄州农场的资产担保。迄今为止,该公司已收到500万美元。
Management Commentary
管理层评论
"As we previously announced in February, we made the decision to sell our Indiana farm operation. The farm and our team served a critical role in enhancing our operational expertise through the development, testing and refinement of technology, as well as establishing robust standard operating procedures, work instructions and team member training. All of these learnings have supported our continued progress as a farm operator, provided valuable insight for our operations on Prince Edward Island, and have been incorporated into the strategy and design of our Ohio farm. Although the sale of Indiana was a difficult decision, it will allow us to increase our cash position and to decrease our ongoing cash burn," said Sylvia Wulf, Board Chair and Chief Executive Officer of AquaBounty. This decision had a direct impact on our financial results for the first quarter. First, it necessitated that we perform an impairment analysis on the farm's long-lived assets, which resulted in a $4.3 million non-cash charge to reduce the carrying value of the assets to the estimated net sale proceeds, and also resulted in a $1.0 million non-cash charge to reduce the value of the farm's inventory. Secondly, the sale announcement impacted our reported revenue for the current period, as we needed to accelerate the harvesting of all of the fish in the farm to prepare for the sale of the facility. Over the course of five weeks, our team harvested over 320mt of fish, the majority of which were below our normal market harvest weight. With the farm now empty of fish, we completed the process in April to shut down and secure all of the internal systems, so that they are ready for restart by a new owner.
“正如我们先前在二月份宣布的那样,我们决定出售印第安纳州的农场业务。农场和我们的团队通过开发、测试和完善技术,以及制定健全的标准操作程序、工作指导和团队成员培训,在增强我们的运营专业知识方面发挥了关键作用。所有这些经验为我们作为农场运营商的持续进步提供了支持,为我们在爱德华王子岛的运营提供了宝贵的见解,并已纳入我们俄亥俄州农场的战略和设计中。尽管出售印第安纳州是一个艰难的决定,但这将使我们能够增加现金状况并减少持续的现金消耗。” AquaBounty董事会主席兼首席执行官西尔维亚·沃尔夫说。这一决定直接影响了我们第一季度的财务业绩。首先,我们必须对农场的长期资产进行减值分析,这导致了430万澳元的非现金费用,将资产的账面价值降至预计的净销售收益,还产生了100万美元的非现金费用以降低农场的库存价值。其次,出售公告影响了我们本期报告的收入,因为我们需要加快农场所有鱼类的捕捞工作,为出售该设施做准备。在五周的时间里,我们的团队收获了超过320吨的鱼,其中大部分低于我们的正常市场收获重量。由于农场现在没有鱼,我们在四月份完成了关闭和保护所有内部系统的流程,以便为新所有者重启这些系统做好准备。
"Revenue from our PEI farm for conventional salmon eggs and fry, grew during the current quarter to $82 thousand. And with the completion of the installation of expanded egg incubation capacity, we secured a large order for conventional salmon eggs from one of the largest salmon production companies in the world.
“我们爱德华王子岛农场的常规三文鱼蛋和鱼苗收入在本季度增长到82,000美元。随着扩大的卵子孵化能力的安装完成,我们从世界上最大的三文鱼生产公司之一那里获得了传统三文鱼蛋的大量订单。
"We are working closely with our investment banker to pursue a range of funding and strategic alternatives, as we seek to stabilize our financial condition while continuing to move forward with our business strategy. Our team remains fully committed to building the pathway forward for the future, and we are encouraged by our recent progress. As always, I look forward to providing my fellow stockholders with an update in the near future," concluded Wulf.
“我们正在与我们的投资银行家密切合作,寻求一系列融资和战略选择,以稳定我们的财务状况,同时继续推进我们的业务战略。我们的团队仍然完全致力于为未来开辟前进的道路,我们对最近的进展感到鼓舞。与往常一样,我期待在不久的将来向其他股东提供最新情况,” 沃尔夫总结道。
About AquaBounty
关于 AquaBounty
At AquaBounty Technologies, Inc. (NASDAQ: AQB), we believe we are a leader in land-based aquaculture. As a vertically integrated Company from broodstock to grow out, we are leveraging decades of our technology advances in fish breeding, genetics, and health & nutrition, as well as our operational expertise, to deliver innovative solutions that address food insecurity and climate change issues. AquaBounty raises its fish in carefully monitored land-based fish farms through a safe, secure and sustainable process. We locate our land-based recirculating aquaculture system ("RAS") farms close to key consumption markets, which are designed to prevent disease and to include multiple levels of fish containment to protect wild fish populations. AquaBounty raises nutritious salmon that is free of antibiotics in a manner that results in a reduced carbon footprint and no risk of pollution to marine ecosystems as compared to traditional sea-cage farming. For more information on AquaBounty, please visit .
在AquaBounty Technologies, Inc.(纳斯达克股票代码:AQB),我们相信我们是陆地水产养殖领域的领导者。作为一家从育种到成长的垂直整合公司,我们正在利用数十年来在鱼类育种、遗传学、健康和营养方面的技术进步以及我们的运营专业知识,提供解决粮食不安全和气候变化问题的创新解决方案。AquaBounty 通过安全、可靠和可持续的过程在经过严格监控的陆地鱼类养殖场养鱼。我们将陆基循环水产养殖系统(“RAS”)农场设在关键消费市场附近,这些市场旨在预防疾病,并包括多级鱼类封闭以保护野生鱼类种群。与传统的海笼养殖相比,AquaBounty饲养不含抗生素的营养丰富的三文鱼,这种方式可以减少碳足迹,也不会对海洋生态系统造成污染的风险。有关 AquaBounty 的更多信息,请访问。
Forward-Looking Statements
前瞻性陈述
This press release contains "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995, as amended, including regarding potential financing alternatives for the Company, its operations, and construction of its Ohio farm, as well as a potential sale of the Company's Indiana farm operation. The forward-looking statements in this press release are neither promises nor guarantees, and you should not place undue reliance on these statements because they involve significant risks and uncertainties about AquaBounty. AquaBounty may use words such as "continue," "believe," "will," "may," "expect," the negative forms of these words and similar expressions to identify such forward-looking statements. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are: our history of net losses and the likelihood of future net losses; our ability to continue as a going concern; our ability to raise substantial additional capital on acceptable terms, or at all, which is required to implement our business strategy as planned, or at all; our ability to raise additional funds in sufficient amounts on a timely basis, on acceptable terms, or at all; our ability to attract and retain key personnel, including key management personnel; our ability to retain and reengage key vendors and engage additional vendors, as needed; our ability to obtain approvals and permits to construct and operate our farms without delay; increases in interest rates; delays and defects that may prevent the commencement of farm operations; rising inflation rates; our ability to finance our Ohio farm through the placement of municipal bonds, which may require restrictive debt covenants that could limit our control over the farm's operation and restrict our ability to utilize any cash that the farm generates; our ability to manage our growth, which could adversely affect our business; risks related to potential strategic acquisitions, investments or mergers; high customer concentration, which exposes us to various risks faced by our major customers; ethical, legal, and social concerns about genetically engineered products; our ability to gain consumer acceptance of our genetically engineered Atlantic salmon ("GE Atlantic salmon" or "AquAdvantage salmon") product; the quality and quantity of the salmon that we harvest; a significant fish mortality event in our broodstock or our production facilities; the loss of our GE Atlantic salmon broodstock; disease outbreaks, which can increase the cost of production and/or reduce production harvests; a shutdown, material damage to any of our farms, or lack of availability of power, fuel, oxygen, eggs, water, or other key components needed for our operations; our ability to efficiently and cost-effectively produce and sell salmon at large commercial scale; any contamination of our products, which could subject us to product liability claims and product recalls; security breaches, cyber-attacks and other disruptions could compromise our information, expose us to fraud or liability, or interrupt our operations; our dependence on third parties for the processing, distribution, and sale of our products; any write-downs of the value of our inventory; business, political, or economic disruptions or global health concerns; adverse developments affecting the financial services industry; industry volatility, including fluctuations in commodity prices of salmon; restrictions on Atlantic salmon farming in certain states; agreements that require us to pay a significant portion of our future revenue to third parties; our ability to receive additional government research grants and loans; international business risks, including exchange rate fluctuations; our ability to use net operating losses and other tax attributes, which may be subject to certain limitations; our ability to maintain regulatory approvals for our GE Atlantic salmon and our farm sites and obtain new approvals for farm sites and the sale of our products in other markets; our ability to continue to comply with U.S. Food and Drug Administration regulations and foreign regulations; significant regulations in the markets in which we intend to sell our products; significant costs complying with environmental, health, and safety laws and regulations, and any failure to comply with these laws and regulations; increasing regulation, changes in existing regulations, and review of existing regulatory decisions; lawsuits by non-governmental organizations and others who are opposed to the development or commercialization of genetically engineered products; risks related to the use of the term "genetically engineered," which will need to be included as part of the acceptable market name for our GE Atlantic salmon, and bioengineering disclosures provided in accordance with U.S. Department of Agriculture regulations; competitors and potential competitors may develop products and technologies that make ours obsolete or garner greater market share than ours; any theft, misappropriation, or reverse engineering of our products could result in competing technologies or products; our ability to protect our proprietary technologies and intellectual property rights; our ability to enforce our intellectual property rights; volatility in the price of our shares of common stock; our ability to maintain our listing on the Nasdaq Stock Market LLC ("Nasdaq"); our success in growing, or our perceived ability to grow, our GE Atlantic salmon successfully and profitably at commercial scale; an active trading market for our common stock may not be sustained; our status as a "smaller reporting company" and a "non-accelerated filer" may cause our shares of common stock to be less attractive to investors; any issuance of preferred stock with terms that could dilute the voting power or reduce the value of our common stock; provisions in our corporate documents and Delaware law could have the effect of delaying, deferring, or preventing a change in control of us; our expectation of not paying cash dividends in the foreseeable future; and other risks and uncertainties discussed in the Company's filings with the Securities and Exchange Commission ("SEC"). Forward-looking statements speak only as of the date hereof, and, except as required by law, AquaBounty undertakes no obligation to update or revise these forward-looking statements. For information regarding the risks faced by us, please refer to our public filings with the SEC, available on the Investors section of our website at and on the SEC's website at www.sec.gov.
本新闻稿包含经修订的1995年《私人证券诉讼改革法》中定义的 “前瞻性陈述”,包括有关公司、其运营和俄亥俄州农场建设的潜在融资选择,以及可能出售该公司在印第安纳州的农场业务。本新闻稿中的前瞻性陈述既不是承诺也不是保证,您不应过分依赖这些陈述,因为它们涉及AquaBounty的重大风险和不确定性。AquaBounty可能会使用诸如 “继续”、“相信”、“将”、“可能”、“期望” 之类的词语,这些词语的否定形式以及类似的表述来识别此类前瞻性陈述。可能导致实际业绩与此类前瞻性陈述所示业绩存在重大差异的重要因素包括:我们的净亏损历史和未来净亏损的可能性;我们继续经营的能力;我们以可接受的条件或完全筹集大量额外资本的能力,这是按计划实施业务战略所必需的;我们及时、以可接受的条件或根本筹集足够数量的额外资金的能力;我们吸引和留住关键的能力人员,包括关键管理人员;我们留住和重新聘用关键供应商以及根据需要聘请更多供应商的能力;我们毫不拖延地获得批准和许可来建造和运营农场的能力;利率的提高;可能阻碍农场运营的延误和缺陷;通货膨胀率上升;我们通过发行市政债券为俄亥俄州农场融资的能力,这可能需要限制我们对农场运营的控制并限制我们对农场运营的控制我们的利用能力农场产生的任何现金;我们管理增长的能力,这可能会对我们的业务产生不利影响;与潜在战略收购、投资或合并相关的风险;客户高度集中,使我们面临主要客户面临的各种风险;有关基因工程产品的道德、法律和社会问题;我们获得消费者接受我们的转基因大西洋鲑鱼(“GE 大西洋鲑鱼” 或 “AquAdvantage 三文鱼”)产品的质量和数量我们收获的三文鱼;意义重大我们的育种群或生产设施中的鱼类死亡事件;我们的通用电气大西洋鲑鱼育种群的流失;疾病爆发,这可能会增加生产成本和/或减少产量收成;停产,我们的任何农场遭受物质损失,或缺乏电力、燃料、氧气、蛋、水或我们运营所需的其他关键成分;我们能够高效、经济地大规模生产和销售三文鱼;我们的任何污染产品,这可能会使我们面临产品责任索赔和产品召回;安全漏洞、网络攻击和其他干扰可能会泄露我们的信息,使我们面临欺诈或责任,或中断我们的运营;我们依赖第三方加工、分销和销售我们的产品;任何库存价值的减记;业务、政治或经济混乱或全球健康问题;影响金融服务行业的不利发展;行业波动,包括三文鱼大宗商品价格的波动;对大西洋鲑鱼养殖的限制某些州;要求我们将未来收入的很大一部分支付给第三方的协议;我们获得额外政府研究补助金和贷款的能力;包括汇率波动在内的国际商业风险;我们使用净营业亏损和其他税收属性的能力,这可能会受到某些限制;我们维持对通用电气大西洋三文鱼和农场场地的监管批准以及获得农场新批准和产品在其他市场销售的能力;我们的继续能力为了遵守美国的要求食品药品监督管理局的法规和外国法规;我们打算销售产品的市场上的重要监管;遵守环境、健康和安全法律法规的重大成本,以及任何不遵守这些法律和法规的行为;加强监管,修改现行法规,审查现有监管决定;反对开发或商业化基因工程产品的非政府组织和其他人提起的诉讼;与使用基因工程产品相关的风险“基因工程” 一词,需要将其列为通用电气大西洋鲑鱼可接受的市场名称的一部分,以及根据美国农业部法规提供的生物工程披露;竞争对手和潜在竞争对手可能开发使我们的产品和技术过时或获得比我们的更大的市场份额;对我们产品的任何盗窃、挪用或逆向工程都可能导致技术或产品相互竞争;我们保护专有技术和知识的能力产权;我们行使知识产权的能力;普通股价格的波动;我们维持在纳斯达克股票市场有限责任公司(“纳斯达克”)上市的能力;我们在发展通用电气大西洋三文鱼方面的成功或我们认为有能力在商业规模上成功盈利;我们普通股的活跃交易市场可能无法维持;我们作为 “小型申报公司” 和 “非加速申报者” 的地位可能导致我们的普通股对投资者的吸引力降低;任何普通股的发行优先股的条款可能会削弱投票权或降低我们普通股的价值;我们公司文件和特拉华州法律中的规定可能会推迟、推迟或防止我们的控制权变更;我们预计在可预见的将来不支付现金分红;以及公司向美国证券交易委员会(“SEC”)提交的文件中讨论的其他风险和不确定性。前瞻性陈述仅代表截至本文发布之日,除非法律要求,否则AquaBounty没有义务更新或修改这些前瞻性陈述。有关我们面临的风险的信息,请参阅我们向美国证券交易委员会提交的公开文件,该文件可在我们网站的投资者部分以及美国证券交易委员会网站www.sec.gov上查阅。
Company & Investor Contact:
AquaBounty Technologies
investors@aquabounty.com
公司和投资者联系方式:
AquaBounty 科技
investors@aquabounty.com
Media Contact:
Vince McMorrow
Fahlgren Mortine
(614) 906-1671
vince.mcmorrow@Fahlgren.com
媒体联系人:
文斯·麦克莫罗
Fahlgren Mortine
(614) 906-1671
vince.mcmorrow@Fahlgren.com
AquaBounty Technologies, Inc.
Consolidated Balance Sheets
(Unaudited)
AquaBounty 科技公司
合并资产负债表
(未经审计)
as of | ||||||
March 31, 2024 | December 31, 2023 | |||||
Assets | ||||||
Current assets: | ||||||
Cash and cash equivalents | $ |
2,592,467 |
$ | 8,203,869 |
||
Inventory |
472,087 |
1,733,603 |
||||
Prepaid expenses and other current assets |
1,262,582 |
1,700,273 |
||||
Total current assets |
4,327,136 |
11,637,745 |
||||
|
|
|
||||
Property, plant and equipment, net |
170,336,285 |
174,381,382 |
||||
Right of use assets, net |
273,575 |
281,104 |
||||
Intangible assets, net |
201,010 |
204,436 |
||||
Restricted cash |
1,000,000 |
1,000,000 |
||||
Other assets |
46,051 |
46,761 |
||||
Total assets | $ |
176,184,057 |
$ | 187,551,428 |
||
|
|
|
||||
Liabilities and stockholders' equity | |
|
||||
Current liabilities: | |
|
||||
Accounts payable and accrued liabilities | $ |
13,106,204 |
$ | 12,991,819 |
||
Accrued employee compensation |
556,963 |
754,621 |
||||
Current debt |
3,024,575 |
795,300 |
||||
Other current liabilities |
106,112 |
30,863 |
||||
Total current liabilities |
16,793,854 |
14,572,603 |
||||
|
|
|
||||
Long-term lease obligations |
242,236 |
250,241 |
||||
Long-term debt, net |
5,300,649 |
7,711,866 |
||||
Total liabilities |
22,336,739 |
22,534,710 |
||||
|
|
|
||||
Commitments and contingencies | |
|
||||
|
|
|
||||
Stockholders' equity: | |
|
||||
Common stock, $0.001 par value, 75,000,000 shares authorized; | |
|
||||
3,857,444 and 3,847,022 shares outstanding at March 31, 2024 and | |
|
||||
December 31, 2023, respectively |
3,857 |
3,847 |
||||
Additional paid-in capital |
386,103,358 |
385,998,213 |
||||
Accumulated other comprehensive loss | (521,771) | (405,464) | ||||
Accumulated deficit | (231,738,126) | (220,579,878) | ||||
Total stockholders' equity |
153,847,318 |
165,016,718 |
||||
|
|
|
||||
Total liabilities and stockholders' equity | $ |
176,184,057 |
$ | 187,551,428 |
截至 | ||||||
2024 年 3 月 31 日 | 2023年12月31日 | |||||
资产 | ||||||
流动资产: | ||||||
现金和现金等价物 | $ |
2,592,467 |
$ | 8,203,869 |
||
库存 |
472,087 |
1,733,603 |
||||
预付费用和其他流动资产 |
1,262,582 |
1,700,273 |
||||
流动资产总额 |
4,327,136 |
11,637,745 |
||||
|
|
|
||||
财产、厂房和设备,净额 |
170,336,285 |
174,381,382 |
||||
使用权资产,净额 |
273,575 |
281,104 |
||||
无形资产,净额 |
201,010 |
204,436 |
||||
受限制的现金 |
1,000,000 |
1,000,000 |
||||
其他资产 |
46,051 |
46,761 |
||||
总资产 | $ |
176,184,057 |
$ | 187,551,428 |
||
|
|
|
||||
负债和股东权益 | |
|
||||
流动负债: | |
|
||||
应付账款和应计负债 | $ |
13,106,204 |
$ | 12,991,819 |
||
应计员工薪酬 |
556,963 |
754,621 |
||||
当前债务 |
3,024,575 |
795,300 |
||||
其他流动负债 |
106,112 |
30,863 |
||||
流动负债总额 |
16,793,854 |
14,572,603 |
||||
|
|
|
||||
长期租赁债务 |
242,236 |
250,241 |
||||
长期债务,净额 |
5,300,649 |
7,711,866 |
||||
负债总额 |
22,336,739 |
22,534,710 |
||||
|
|
|
||||
承付款和意外开支 | |
|
||||
|
|
|
||||
股东权益: | |
|
||||
普通股,面值0.001美元,授权7500万股; | |
|
||||
截至2024年3月31日已发行的3,857,444股和3,847,022股以及 | |
|
||||
分别是 2023 年 12 月 31 日 |
3,857 |
3,847 |
||||
额外的实收资本 |
386,103,358 |
385,998,213 |
||||
累计其他综合亏损 | (521,771) | (405,464) | ||||
累计赤字 | (231,738,126) | (220,579,878) | ||||
股东权益总额 |
153,847,318 |
165,016,718 |
||||
|
|
|
||||
负债和股东权益总额 | $ |
176,184,057 |
$ | 187,551,428 |
AquaBounty Technologies, Inc.
Consolidated Statements of Operations and Comprehensive Loss
(Unaudited)
AquaBounty 科技公司
合并经营报表和综合亏损表
(未经审计)
Three Months Ended March 31, |
||||||
2024 | 2023 | |||||
Revenues | ||||||
Product revenues | $ |
477,268 |
$ | 397,846 |
||
|
|
|
||||
Costs and expenses | |
|
||||
Product costs |
4,476,297 |
3,559,240 |
||||
Sales and marketing |
63,963 |
198,285 |
||||
Research and development |
119,789 |
122,917 |
||||
General and administrative |
2,500,557 |
3,000,482 |
||||
Long-lived asset impairment |
4,265,000 |
- |
||||
Total costs and expenses |
11,425,606 |
6,880,924 |
||||
|
|
|
||||
Operating loss | (10,948,338) | (6,483,078) | ||||
|
|
|
||||
Other expense | |
|
||||
Interest expense | (208,563) | (66,274) | ||||
Other (expense) income, net | (1,347) | 63,284 |
||||
Total other expense | (209,910) | (2,990) | ||||
|
|
|
||||
Net loss | $ | (11,158,248) | $ | (6,486,068) | ||
|
|
|
||||
Other comprehensive (loss) income: | |
|
||||
Foreign currency translation (loss) gain | (116,307) | 4,427 |
||||
Total other comprehensive (loss) income | (116,307) | 4,427 |
||||
|
|
|
||||
Comprehensive loss | $ | (11,274,555) | $ | (6,481,641) | ||
|
|
|
||||
|
|
|
||||
Basic and diluted net loss per share | $ | (2.90) | $ | (1.69) | ||
Weighted average number of Common Shares - | |
|
||||
basic and diluted |
3,849,248 |
3,837,272 |
三个月已结束 三月三十一日 |
||||||
2024 | 2023 | |||||
收入 | ||||||
产品收入 | $ |
477,268 |
$ | 397,846 |
||
|
|
|
||||
成本和开支 | |
|
||||
产品成本 |
4,476,297 |
3,559,240 |
||||
销售和营销 |
63,963 |
198,285 |
||||
研究和开发 |
119,789 |
122,917 |
||||
一般和行政 |
2,500,557 |
3,000,482 |
||||
长期资产减值 |
4,265,000 |
- |
||||
成本和支出总额 |
11,425,606 |
6,880,924 |
||||
|
|
|
||||
营业亏损 | (10,948,338) | (6,483,078) | ||||
|
|
|
||||
其他费用 | |
|
||||
利息支出 | (208,563) | (66,274) | ||||
其他(支出)收入,净额 | (1,347) | 63,284 |
||||
其他支出总额 | (209,910) | (2,990) | ||||
|
|
|
||||
净亏损 | $ | (11,158,248) | $ | (6,486,068) | ||
|
|
|
||||
其他综合(亏损)收入: | |
|
||||
外币折算(亏损)收益 | (116,307) | 4,427 |
||||
其他综合(亏损)收入总额 | (116,307) | 4,427 |
||||
|
|
|
||||
综合损失 | $ | (11,274,555) | $ | (6,481,641) | ||
|
|
|
||||
|
|
|
||||
每股基本净亏损和摊薄净亏损 | $ | (2.90) | $ | (1.69) | ||
普通股的加权平均数- | |
|
||||
基本的和稀释的 |
3,849,248 |
3,837,272 |
AquaBounty Technologies, Inc.
Consolidated Statements of Cash Flows
(Unaudited)
AquaBounty 科技公司
合并现金流量表
(未经审计)
Three Months Ended March 31, |
||||||
2024 | 2023 | |||||
Operating activities | ||||||
Net loss | $ | (11,158,248) | $ | (6,486,068) | ||
Adjustment to reconcile net loss to net cash used in | |
|
||||
operating activities: | |
|
||||
Depreciation and amortization |
575,544 |
531,726 |
||||
Share-based compensation |
105,155 |
196,641 |
||||
Long-lived asset impairment |
4,265,000 |
- |
||||
Other non-cash charge |
3,390 |
3,834 |
||||
Changes in operating assets and liabilities: | |
|
||||
Inventory |
1,257,290 |
(99,936) | ||||
Prepaid expenses and other assets |
441,015 |
(155,167) | ||||
Accounts payable and accrued liabilities |
335,835 |
184,232 |
||||
Accrued employee compensation | (197,658) | (316,815) | ||||
Net cash used in operating activities | (4,372,677) | (6,141,553) | ||||
|
|
|||||
Investing activities | |
|
||||
Purchases of and deposits on property, plant and equipment | (1,169,203) | (22,931,293) | ||||
Other investing activities |
- |
(3,959) | ||||
Net cash used in investing activities | (1,169,203) | (22,935,252) | ||||
|
|
|||||
Financing activities | |
|
||||
Proceeds from issuance of debt |
117,292 |
394,156 |
||||
Repayment of term debt | (184,019) | (179,392) | ||||
Net cash (used in) provided by financing activities | (66,727) | 214,764 |
||||
|
|
|||||
Effect of exchange rate changes on cash, cash equivalents and restricted cash | (2,795) | 27 |
||||
Net change in cash, cash equivalents and restricted cash | (5,611,402) | (28,862,014) | ||||
Cash, cash equivalents and restricted cash at beginning of period |
9,203,869 |
102,638,557 |
||||
Cash, cash equivalents and restricted cash at end of period | $ |
3,592,467 |
$ | 73,776,543 |
||
|
|
|||||
Reconciliation of cash, cash equivalents and restricted cash reported | |
|
||||
in the consolidated balance sheet: | |
|
||||
Cash and cash equivalents | $ |
2,592,467 |
$ | 72,776,543 |
||
Restricted cash |
1,000,000 |
1,000,000 |
||||
Total cash, cash equivalents and restricted cash | $ |
3,592,467 |
$ | 73,776,543 |
||
|
|
|||||
Supplemental disclosure of cash flow information and non-cash transactions: | |
|
||||
Interest paid in cash | $ |
205,173 |
$ | 62,439 |
||
Property and equipment included in accounts payable and accrued liabilities | $ |
11,464,684 |
$ | 9,216,027 |
三个月已结束 三月三十一日 |
||||||
2024 | 2023 | |||||
运营活动 | ||||||
净亏损 | $ | (11,158,248) | $ | (6,486,068) | ||
调整以将净亏损与使用的净现金进行对账 | |
|
||||
经营活动: | |
|
||||
折旧和摊销 |
575,544 |
531,726 |
||||
基于股份的薪酬 |
105,155 |
196,641 |
||||
长期资产减值 |
4,265,000 |
- |
||||
其他非现金费用 |
3,390 |
3,834 |
||||
运营资产和负债的变化: | |
|
||||
库存 |
1,257,290 |
(99,936) | ||||
预付费用和其他资产 |
441,015 |
(155,167) | ||||
应付账款和应计负债 |
335,835 |
184,232 |
||||
应计员工薪酬 | (197,658) | (316,815) | ||||
用于经营活动的净现金 | (4,372,677) | (6,141,553) | ||||
|
|
|||||
投资活动 | |
|
||||
不动产、厂房和设备的购买和押金 | (1,169,203) | (22,931,293) | ||||
其他投资活动 |
- |
(3,959) | ||||
用于投资活动的净现金 | (1,169,203) | (22,935,252) | ||||
|
|
|||||
融资活动 | |
|
||||
发行债务的收益 |
117,292 |
394,156 |
||||
偿还定期债务 | (184,019) | (179,392) | ||||
融资活动提供的(用于)净现金 | (66,727) | 214,764 |
||||
|
|
|||||
汇率变动对现金、现金等价物和限制性现金的影响 | (2,795) | 27 |
||||
现金、现金等价物和限制性现金的净变动 | (5,611,402) | (28,862,014) | ||||
期初现金、现金等价物和限制性现金 |
9,203,869 |
102,638,557 |
||||
期末现金、现金等价物和限制性现金 | $ |
3,592,467 |
$ | 73,776,543 |
||
|
|
|||||
现金、现金等价物和报告的限制性现金的对账 | |
|
||||
在合并资产负债表中: | |
|
||||
现金和现金等价物 | $ |
2,592,467 |
$ | 72,776,543 |
||
受限制的现金 |
1,000,000 |
1,000,000 |
||||
现金、现金等价物和限制性现金总额 | $ |
3,592,467 |
$ | 73,776,543 |
||
|
|
|||||
现金流信息和非现金交易的补充披露: | |
|
||||
以现金支付的利息 | $ |
205,173 |
$ | 62,439 |
||
应付账款和应计负债中包含的财产和设备 | $ |
11,464,684 |
$ | 9,216,027 |
译文内容由第三方软件翻译。