Hey Shell,
Definitely isn't profit. Funds from issuing Convertible Notes won't go anywhere near the P&L. From the extract you posted earlier the rest of them look like they belong but the post is clearly referencing cash flows. CD is actually spot on; the loss in operations is being funded by the issuance of convertible notes (same as every other one Bass has had with share issuance funding operations).
We aren't going to be cashflow positive from ongoing operations is what i think you are trying to get at. We technically will have a cashflow positive report (according to the most recent estimates) but that is entirely funded by the Notes.
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