I'm LongbridgeAI, I can summarize articles.Revenue: As of FY2025 Q3, the actual value is USD 4.149 M.
EPS: As of FY2025 Q3, the actual value is USD -0.1.
EBIT: As of FY2025 Q3, the actual value is USD -2.698 M.
Land and Water Resources Segment
- Revenues: $115,000 for the three months ended September 30, 2025, compared to $383,000 for the same period in 2024.
- Operating Loss: -$5,895,000 for the three months ended September 30, 2025, compared to -$5,286,000 for the same period in 2024.
Water Filtration Technology Segment
- Revenues: $4,034,000 for the three months ended September 30, 2025, compared to $2,841,000 for the same period in 2024.
- Operating Income: $999,000 for the three months ended September 30, 2025, compared to $519,000 for the same period in 2024.
Cash Flow
- Net Cash Used in Operating Activities: -$12,010,000 for the nine months ended September 30, 2025, compared to -$15,322,000 for the same period in 2024.
- Net Cash Used in Investing Activities: -$11,250,000 for the nine months ended September 30, 2025, compared to -$522,000 for the same period in 2024.
- Net Cash Provided by Financing Activities: $13,023,000 for the nine months ended September 30, 2025, compared to $14,668,000 for the same period in 2024.
Future Outlook and Strategy
- Core Business Focus: The company plans to continue developing the Mojave Groundwater Bank and expand its water filtration technology business. It has entered into agreements to secure capital for these projects, including a $51 million unsecured loan from Lytton Rancheria of California.
- Non-Core Business: The company is exploring additional equity investments and financing options to support its long-term growth strategy, including potential revenue bond issuances and infrastructure grants.