4DS Memory (4DS) Q1 2025 TU earnings summary

Executive summary

• Significant progress made on Fifth and Sixth Platform Lots, with Fifth Lot analysis underway and Sixth Lot targeting completion by December 2024.

• Active participation in major industry events and conferences, enhancing visibility in the AI and semiconductor sectors.

Financial highlights

• Cash balance at 30 September 2024 was $6.312 million, down from $7.884 million at 30 June 2024.

• Net cash used in operating activities for the quarter was $1.538 million, similar to the previous quarter's $1.551 million.

• Interest income for the quarter totaled $102,000.

Capital allocation and financing

• Payments to related parties totaled $140,000, including executive and director remuneration and advisory fees.

• No new financing facilities drawn; estimated quarters of funding available is 4.1 based on current cash burn.