AYRO reports $43M cash, targets $1.5M quarterly burn in 2024 corporate update

Fabric.AI, Inc.

2024-Q1 EPS reported -$1.46 revenue$58,351

Cash and cash equivalents of $43M as of December 31, 2023.
Targeting quarterly cash burn of ~$1.5M in 2024, down dramatically.
Evaluating strategic alternatives: Vanish vehicle, M&A, capital investments.
Year-end 2023 financial results disclosed; detailed 10-K filed April 1, 2024.

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.