Second Quarter Financial Highlights
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Revenue of $23.4 million, an increase of $18.9 million or 421% as compared to the second quarter of 2021.
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$20 million in new orders in the second quarter of 2022 and through July 31, 2022.
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Backlog of $100 million, which includes orders through July 31, 2022.
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Net loss of $29.0 million or $(0.12) per diluted share.
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Adjusted EBITDA of $(30.3) million.
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$108 million of cash and cash equivalents with no debt as of June 30, 2022.