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Lucy Scientific's Fiscal Year: Operating Expenses Rise As Accumulated Deficit Hits Over $44M

Lucy Scientific's Fiscal Year: Operating Expenses Rise As Accumulated Deficit Hits Over $44M

Lucy Scientific的財年:隨着累計赤字超過4400萬美元,運營費用增加
Benzinga ·  2023/10/18 05:19

Psychedelics company Lucy Scientific Discovery Inc. (NASDAQ:LSDI) reported its full-year results for the period ended June 30, 2023. Numbers show:

Psychedelics 公司 露西科學發現 Inc.(納斯達克股票代碼:LSDI)公佈了截至2023年6月30日的全年業績。數字顯示:

  • Total cash held of $1.67 million, vs. $53,379 held in June 30, 2022.

  • Net product sales of $7,048 vs. zero in the prior fiscal year, reportedly owing to sales of Lucy's new microdose mushroom capsules.

  • Working capital expenses of $2.71 million, vs. $5.81 million by June 30, 2022.

  • Operating expenses totaled $5.85 million, a 68.5% YoY increase as compared to $3.47 million in the prior FY.

  • Net cash flows used in operating activities totaled $4.27 million, a 76.4% YoY increase compared to prior FY's $2.42 million.

  • Total net loss of $8.99 million (or $0.71 per share, basic and diluted) vs. the prior year's $5.86 million (or $0.68 per share, basic and diluted.)

  • Accumulated deficit of $44.4 million, around a 25% YoY increase compared to the $35.4 million in 2022's third quarter close.

  • 持有的現金總額爲167萬美元,而2022年6月30日持有的現金爲53,379美元。

  • 據報道,由於露西的新型微劑量蘑菇膠囊的銷售,產品淨銷售額爲7,048美元,而上一財年的銷售額爲零。

  • 營運資金支出爲271萬美元,而截至2022年6月30日爲581萬美元。

  • 運營支出總額爲585萬美元,同比增長68.5%,而上一財年的347萬美元爲347萬美元。

  • 用於經營活動的淨現金流總額爲427萬美元,與上一財年的242萬美元相比,同比增長76.4%。

  • 淨虧損總額爲899萬美元(合每股虧損0.71美元,基本虧損和攤薄後每股虧損0.71美元),去年同期爲586萬美元(合每股虧損0.68美元,基本和攤薄後每股虧損0.68美元)。

  • 累計赤字爲4,440萬美元,與2022年第三季度收盤時的3540萬美元相比,同比增長約25%。

The company acutely increased its accumulated deficit during the yearly period, despite new M&As closed during the period, as first reported

正如首次報告的那樣,儘管在此期間完成了新的併購,但該公司在本年度的累計赤字急劇增加

Green Market Report's Adam Jackson.

《綠色市場報告》的亞當·傑克遜。

Partnerships, Acquisitions & Product Offerings

合作伙伴關係、收購和產品供應

During the closing fiscal year, Lucy closed numerous deals with different businesses and partners, including:

在最後一個財年,露西與不同的企業和合作夥伴達成了多筆交易,包括:

  • An all-stock acquisition of long-standing cannabis media outlet High Times Holding's IP, brand and licensing business.

  • The acquisition of e-commerce platform and plant-based wellness brand company Blue Sky Wellness.

  • Partnership with specialized firm Pramantha Group toward attaining key government contracts and grants.

  • Development and offer of new Amanita Muscaria mushroom products through online stores and retail channels.

  • Amendment to Canadian Dealer's License enabling the production of cocaine and heroin toward safe supply offering for governments' public health responses to the drug crisis.

  • 對歷史悠久的大麻媒體High Times Holding的知識產權、品牌和許可業務進行全股收購。

  • 收購電子商務平台和植物性健康品牌公司Blue Sky Wellness。

  • 與專業公司Pramantha Group合作,以獲得重要的政府合同和補助金。

  • 通過在線商店和零售渠道開發和提供新的Amanita Muscaria蘑菇產品。

  • 加拿大經銷商許可證修正案允許生產可卡因和****用於安全供應,爲政府應對毒品危機的公共衛生措施提供安全供應。

See Also: Another Company Approved To Begin Production Of Psychedelics Under Canadian Dealers License

另見:另一家公司獲准在加拿大經銷商許可下開始生產迷幻藥

  • Team up with Canadian advocacy organization TheraPsil for the

  • advancement of legal medical psilocybin access and research.

  • Commercial sale of psilocybin to Hadassah BrainLabs, the center for psychedelics research at the Hebrew University in Jerusalem.

  • 與加拿大倡導組織 TherapSil 合作

  • 推進合法醫療迷幻藥的獲取和研究。

  • 將迷幻藥商業化出售給耶路撒冷希伯來大學迷幻藥研究中心Hadassah BrainLabs。

See the company's full financial results and discussion breakdown here.

在此處查看該公司的完整財務業績和討論細目。

Photo: Benzinga edit with photo by Pexels and Shutterstock.

照片:Benzinga 編輯,照片由 Pexels 和 Shutterstock 拍攝。

譯文內容由第三人軟體翻譯。


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