Fourth Quarter Fiscal 2023 Financial Highlights
(All comparisons are year-over-year unless otherwise noted)Fourth Quarter of Fiscal 2023 ResultsOverall, backlog decreased by approximately 5.7% to $1.028 billion as of October 31, 2023, compared to $1.09 billion as of October 31, 2022, primarily as a result of revenue recognition under product, generation and service agreements since October 31, 2022. This decline in backlog was partially offset by new service agreements backlog as a result of the new service agreement with Noeul Green Energy entered into during the year ended October 31, 2023.[email protected]203.205.2491Consolidated Balance Sheets(Unaudited)(Amounts in thousands, except share and per share amounts)2023202231, 2023 and October 31, 2022)Common stock ($0.0001 par value); 1,000,000,000 shares authorized as of
October 31, 2023 and October 31, 2022; 450,626,862 and 405,562,988 shares
issued and outstanding as of October 31, 2023 and October 31, 2022, respectively2023 and October 31, 2022, respectively)interest and total equityConsolidated Statements of Operations and Comprehensive Loss(Unaudited)(Amounts in thousands, except share and per share amounts)October 31,Consolidated Statements of Operations and Comprehensive Loss(Unaudited)
(Amounts in thousands, except share and per share amounts)October 31,October 31,
(GlobeNewsWire)