|
|
Three Months Ended
|
||||||
|
|
2023 |
|
2022 |
||||
Net cash used in operating activities |
|
$ |
(4,649,235 |
) |
|
$ |
(2,827,053 |
) |
Capital expenditures |
|
|
(481,071 |
) |
|
|
(83,091 |
) |
Free cash flow |
|
$ |
(5,130,306 |
) |
|
$ |
(2,910,144 |
) |
The following table reconciles our net cash used in operating activities (the most directly comparable GAAP measure to Free Cash Flow) to Free cash flow for the six months ended June 30, 2023.
|
|
Six Months Ended
|
||||||
|
|
2023 |
|
2022 |
||||
Net cash used in operating activities |
|
$ |
(8,699,808 |
) |
|
$ |
(4,730,270 |
) |
Capital expenditures |
|
|
(825,872 |
) |
|
|
(185,472 |
) |
Free cash flow |
|
$ |
(9,525,680 |
) |
|
$ |
(4,915,742 |
) |
Source: NUBURU, Inc.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230810116068/en/
Contact:
Investor Relations:
Cody Slach & Ralf Esper
Gateway Group, Inc.
BURU@gateway-grp.com
(949) 574-3860
Media Relations:
Zach Kadletz & Anna Rutter
Gateway Group, Inc.
BURU@gateway-grp.com
(949) 574-3860
