Crown ElectroKinetics公司(CRKN)公布了其2024年第一季度财务业绩，突出了其薄膜和纤维部门的重大发展。该公司报告净亏损460万美元，运营净亏损达370万美元。尽管出现了这些亏损，但Crown ElectroKinetics对其未来持乐观态度，理由是产品开发的进步、领导层的变化以及不断增长的创收项目。该公司还在处理纳斯达克出价不合规问题，并正在等待延期请求的指导。
Crown ElectroKinetics在2024年第一季度的净亏损为460万美元。
该公司正准备在夏末之前少量出货其第一代Alpha智能窗户插入件。
谢尔顿·戴维斯被任命为ElectroKinetics公司电影部门的总裁。
Crown的纤维部门正在创造收入，并在内华达州、爱达荷州和墨西哥获得了重要项目。
纳斯达克出价不合规的问题正在解决中，Crown要求延期。
Crown ElectroKinetics预计将在今年夏天晚些时候推出其第一代Alpha智能窗口插入件。
该公司预计将推出Gen 1 Beta和Gen 1 Charlie用于智能窗户插入，目标是在明年春季或夏季批量生产。
Crown对此持乐观态度。很快就能产生收入并实现净正收益。
该公司报告本季度净亏损460万美元。
运营净亏损为370万美元，尽管与2023年第一季度的410万美元相比有所改善。
皇冠正面临纳斯达克出价不合规的问题，目前正在努力解决这一问题。
科朗的纤维部门正在积极创造收入，在多个市场都有项目。
该公司在内华达州获得了一个大型项目，预计将产生570万美元的总收入。
Additio爱达荷州和墨西哥的几个项目预计将结束贡献收入流。
皇冠记录0该公司光纤部门本季度的收入仅为70万美元。
该公司还计入了120万美元的递延收入，预计将于第二季度末或第三季度开始。
管理层在电话会议上发表讲话后，没有进行问答环节。
Crown ElectroKinetics的领导层表达了对公司发展方向和增长潜力的信心。随着Sheldon Davis和Corey Boaz分别担任各自部门的总裁，该公司准备加强其市场地位。Crown将光纤部门的战略转变为与分包商合作，从而实现了更好的成本控制和利润率锁定，预计这将带来正现金流和净收入增长。该公司还在积极探索维持其在纳斯达克上市的选择，并预计将在不久的将来提供其第二季度收入的最新情况，以及第三季度的初步情况。尽管面临挑战，Crown ElectroKinetics公司仍将继续专注于创新、运营效率和市场扩张。
Crown ElectroKinetics Corp. (CRKN)公布了2024年第一季度的详细业绩更新，这对投资者监控公司进展至关重要。为了进一步了解这些数据，以下是基于实时数据和InvestingPro Tips的一些关键见解:
InvestingPro数据:
市值(调整后):884万美元
价格/书价(截至2023年第四季度):1.89
1莫总回报率(截至当日):228.85%
InvestingPro小贴士:
分析师预测，Crown ElectroKinetics将在本年度实现销售增长，这对寻求收入扩张的投资者来说可能是一个积极的信号。
尽管最近表现良好，但公司在过去12个月里没有盈利，这可能是一种现象关注寻求即时盈利的投资者。
值得注意的是，虽然该公司面临着重大损失，但上个月最近的价格总回报率表明投资者信心强劲复苏，这与该公司对未来项目的乐观前景一致。分析师预期的销售增长可能反映了该公司的战略转变和新的领导层，这些领导层旨在提高运营效率和市场扩张。
对于有兴趣深入分析的投资者，还有额外的InvestingPro提示，可以提供更全面的见解，Crown ElectroKinetics的财务状况和市场地位。要获得这些建议并做出更明智的投资决策，请考虑使用优惠券代码PRONEWS24订阅InvestingPro，以获得每年或两年一次的Pro和Pro+订阅额外10%的折扣。Crown ElectroKinetics还列出了17个额外的InvestingPro提示，可以进一步丰富您对公司潜力和风险的了解。
接线员:大家下午好，欢迎参加Crown ElectroKinetics 2024年第一季度电话会议。此时，参与者处于仅听模式。管理层发言后将不设问答环节。电话会议正在录音。今天的电话重播将在皇冠网站的投资关系部分提供。现在我把电话交给企业传讯部主任杰森·阿萨德来做介绍，并宣读安全港声明。请继续。
杰森·阿萨德:谢谢，接线员。下午好，欢迎来到皇冠2024年第一季度电话会议。今天和我们一起参加电话会议的是Crown首席执行官兼董事长Doug Croxall和首席财务官Joel Krutz。在我们开始之前，我想提醒大家，今天的电话会议包含管理层的某些前瞻性陈述根据1933年《证券法》第27-A条修订，以及1934年《证券交易法》第21-A条修订。诸如“应该”、“项目”、“期望”、“意图”、“计划”、“信念”、“预期”、“希望”、“估计”等词语及其变体和类似表达均用于识别前瞻性陈述。这些声明受到许多条件的约束，其中许多条件超出了公司的控制范围，包括公司截至2024年第一季度的10-Q表格季度报告中的风险因素部分。这些文件的副本可在SEC的网站SEC .gov上查阅。实际结果可能与明示或暗示的内容有重大差异，但此类前瞻性陈述除外。除法律要求外，公司没有义务在本次电话会议之后更新这些报表进行修订或变更。现在，我很荣幸地向大家介绍Crown首席执行官兼董事长Doug Croxall。道格?
Doug Croxall: Thanks, Jason. Welcome, everybody, to our first quarter 2024 earnings call. As most of you know, Crown is comprised of two divisions, a film division and a fiber division. We're going to start with our discussion of the film division today. In late February of this year, we announced that Crown ElectroKinetics film team had solved the 12-inch mastering challenge for its Gen 1 Alpha Smart Window Insert. We remain in a great position to start shipping first product in small quantities later this summer. With this technical milestone behind us, Crown recently announced that Sheldon Davis, who was previously a consultant to the company, was named President of our ElectroKinetics film division. Sheldon's work history makes him the ideal person for Crown's exact stage of growth. Sheldon and I have known each other since 2016 while he was working at Guardian Industries, Koch Industries Company. His knowledge of our ink formations and window glass manufacturing and different glazing technologies like electrochromic, SPD, and liquid crystal make him the perfect person for the job. We're excited to have him take a leadership role at this important time. Crown feels very fortunate. I'm sorry, going forward, Crown expects to provide more details on product capabilities, timing, customer wins, as well as pricing and expected revenue and margins. Now, what I want to talk about is how we're going to roll out what we call our Gen 1 Alpha, Gen 1 Beta, and Gen 1 Charlie Gen 1 Alpha, as we stated earlier, is smart window insert, which should be hitting the market in the August-September timeframe, very small quantities. Our goal is to roll four to 10 inserts per building, approximately 10 to 20 buildings, covering large cities within the United States. The objective in the Gen 1 Alpha is to get customer feedback. As we gather that feedback, we'll run a parallel path creating Gen 1 Beta, which we expect to roll out sometime towards the end of the calendar year. Doing the same thing, generating customer feedback, customer direction, we'll launch Gen 1 Charlie early next year. Gen 1 Alpha, Gen 1 Beta, and Gen 1 Charlie will help us build what we believe will be the first mass-produced smart window insert sometime in the spring to summer of next year. Moving to the fiber optic division. As you know, a little over a year ago, Crown made its first investment in fiber optic construction market. The last 19 to 20 months have proved some pretty hard lessons, taught us a great deal about the market, how to operate and how not to operate within it. Crown fiber is generating revenue in multiple markets under the leadership of Corey Boaz, who we've named President of Construction in early February. We have current projects in Idaho, Nevada, soon to start in California and Mexico. Corey's not only added revenue and customers to the company, but helped us change our operating model that allows Crown to be cash flow positive on a project from day one. As opposed to hiring hundreds of employees, we now partner with other subcontractors. This allows Crown to control costs on a project by project basis, as well as lock in our margins. Corey has market credibility and connections that has allowed him to build a significant pipeline of revenue generating projects. The pipeline leveraged with his proven business model will allow Crown to generate revenue and soon net positive income. Most recently, Crown announced that it secured a large backbone project in Nevada that includes horizontal drilling and plowing. The long haul fiber project recently commenced with completion state slated through the company's third quarter. Currently, Crown has received two clusters of the project, which will generate approximately $5.7 million in gross revenues. We anticipate being awarded additional stages of the project as it continues into the state of California. We also recently announced that we secured a project in Idaho for horizontal drilling as a prime contractor. The large fiber-to-home project has commenced where it is expected to continue throughout the calendar year, likely resulting in additional work in California, Arizona, and Oregon with the same customer. On March 6, Crown announced that we had executed an agreement with Twin Dolphin Club located in Los Cabos, Mexico. The Twin Dolphin Club is a 1400 resort master plan development. Crown's fiber optic division will construct slant wells for the desalinization plant that provides fresh water from ocean water to the hotel and surrounding plan residential development. The project is expected to start later this spring and conclude in the early fall time. The project is expected to generate about $3.5 million in revenue. The opportunity was generated and managed by Corey. The new approach to building slant wells should lead to new revenue opportunities in Mexico, Central America, and the Caribbean. importantly, the agreement generates upfront cash and is anticipated to lead to other opportunities. Okay. With that, I'm going to turn it over to Joel and I will handle the closing remarks. Joel?
Joel Krutz:谢谢你，Doug。大家下午好。今天，我们将提前了解皇冠2024年第一季度的财务业绩。只是一个快速更新我们目前的纳斯达克出价不合规。如您所知，我们在10月19日收到纳斯达克的通知，最初给予Crown 180天以1美元交易，连续10天。我们最近与纳斯达克的听证小组进行了会面，要求再延长180天，并等待该小组对下一步行动的指导。正如我们与专家组讨论的那样，公司不断增长的生产水平、不断改善的财务状况和整体基本面应该有助于提高皇冠的市场价值，但我们也将确保公司有其他必要的选择来保留我们在纳斯达克的上市资格。第一季度的财务状况。在截至2024年3月31日的季度中，Crown的净亏损为460万美元。其中包括90万美元的非现金其他费用，主要与我们在第一季度到期的信贷额度的最终摊销有关。运营净亏损为370万美元，而2023年第一季度为410万美元。Crown本季度光纤业务的收入为70万美元，其中大部分是后端业务。该公司还在第二季度末(主要是第三季度)开工前计入了120万美元的递延收入。本季度的总运营费用为470万美元，收入成本为160万美元。这主要是由亚利桑那州的业务推动的，该公司现在已经完全缩减了该业务。本季度有80万美元用于胶片研发，200万美元用于折旧、销售和SG&A。截至3月31日的季度，净现金减少了80万美元，公司在运营中部署了270万美元的现金。Crown通过其融资活动筹集了200万美元，主要是在其ELOC中，截至2024年3月31日，现金和现金等价物为30万美元。在融资方面，该公司的ELOC还有4200万美元可用，同时还可以获得循环信贷额度，这将支持光纤业务的营运资金需求，这对于我们在多个市场上运营和扩大生产规模至关重要。展望未来，我们仍预计第二季度营收将符合指引，但我们将在不久的将来提供最新情况，并首先展望第三季度。最后，我们今天准备提交10-Q报告。然而，我们的审计人员告诉我们，他们的质量控制过程中有积压，这可能意味着我们今天不得不提交一份简短的不及时的提交。我们显然正在与审计人员密切合作，我们将尽一切努力避免这种情况。财务更新到此结束。道格，回到你身边。
Doug Croxall:好吧。谢谢你,乔。伟大的芝加哥熊队教练迈克·迪特卡曾经说过，只有失败者和懦夫才活在过去。我想说的是，恕我直言，我想指出一件事。如果你看看这家公司一年前的情况，和我们今天的情况相比。我们的电影部门有了谢尔顿的领导。我们为纤维部门增加了优秀的领导能力。我们在胶片部门和纤维部门都有客户合同。与本季度相比，与上一季度相比，与去年同期相比，我们创造了可观的收入。我们有望在年底前实现净收入为正。虽然公司处于一个很好的位置，我们正在成长，我们有良好的资本来源，允许光纤部门的非稀释增长，我们对第二季度的业绩感到非常兴奋，期待在8月中旬与大家交谈。谢谢你！我把电话转回给接线员。谢谢你！
接线员:会议到此结束。感谢您参加今天的演讲。你现在可以把你的线连起来了。
问答结束:
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