CREV:NASDAQ, page-71

I don't know how many people are still here. I am truly shocked by the latest announcement from Crev. Burning through $5 million in just a month and a half? How could this happen? In the past 2-3 years, Crev has been consistently losing around AUD 26 million annually, which is approximately USD 18 million. Since listing on Nasdaq, the monthly losses have been roughly USD 3 to 4 million, more than double the previous rate! Logically, with the increase in wheel sales and revenue, the losses should have decreased. But in reality, the losses have doubled?!

31/03/2024 1.7m cash
11/04/2024 received 5m cash
24/05/2024 received 4.85m cash and total cash is 6.1m

from 31/03 to 23/05, total cash Burned 5.45M