Mullen expects $4.5M revenue (+6791% QoQ); cash burn down to $12.7M/month

BOLLINGER INNOVATIONS, INC.

Preliminary Q4 FY2024 revenue ~$4.5M vs $65k prior quarter (+6791% QoQ).
Monthly cash burn reduced to ~$12.7M (from $18.1M in Q3; -30%).
Aims for cash breakeven by end of December 2025.
Received $11.9M from investors; $150M equity line available; issued $621k additional notes.

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