Nomadness
2023-02-19

Great

@StickyRice：
Mullen Automotive Non-GAAP EPS of -$0.28 Mullen Automotive press release $Mullen Automotive(MULN)$ : Q1 Non-GAAP EPS of -$0.28. The $220.9 million or 142% increase in net loss attributable to common shareholders was primarily due to a $164.0 million increase in non-cash financing expenses and $59.6 million increase in operating losses for ramping-up development efforts and reflecting the addition expenses from the acquisition of Bollinger Motors and the purchase of ELMS assets. The Company has over $100 million in cash (includes restricted cash available for Company use) available for operations and investment at December 31, 2022. The Company has additional committed capital of $90 million expected to be received prior to the end of April 2023.
Mullen Automotive Non-GAAP EPS of -$0.28 Mullen Automotive press release $Mullen Automotive(MULN)$ : Q1 Non-GAAP EPS of -$0.28. The $220.9 million or 142% increase in net loss attributable to common shareholders was primarily due to a $164.0 million increase in non-cash financing expenses and $59.6 million increase in operating losses for ramping-up development efforts and reflecting the addition expenses from the acquisition of Bollinger Motors and the purchase of ELMS assets. The Company has over $100 million in cash (includes restricted cash available for Company use) available for operations and investment at December 31, 2022. The Company has additional committed capital of $90 million expected to be received prior to the end of April 2023.

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