AYRO Q4 record revenue $813K; adjusted EBITDA loss $7.1M; cash $69.2M

Fabric.AI, Inc.

Revenue $813K (+4% YoY, +45% sequential); record unit deliveries of Club Car Current LSEV.
Net loss reduced 35% sequentially from Q3 2021; expects further improvement in Q1 and Q2 2022.
Adjusted EBITDA loss of ($7.1) million in Q4 2021.
Cash $69.2M, no debt; one-time COGS expenses of $1.78M in Q4 related to manufacturing shift.
Developing AYRO Z light-duty electric utility truck; targeting launch by end of 2022, with North American supply chain, zero China components.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.