TRUFF - Red Light Holland With $12M Cash Balance & Revenue Up 33% Remains 'Confident' In Business Strategy | Benzinga
Canada-based all-mushroom producer Red Light Holland Corp. (OTCQB: TRUFF) filed its quarterly financial statements and management discussion and analysis for the three and six months ended Sept. 30, 2023.
Numbers show:
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Cash and cash equivalents of $12.0 million (CA$16.4 million) by Sept. 30, 2023, vs. the $13.6 million held by March 31 this year.
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Three and six-month total revenue of $723.726 and $1.6 million, as compared to $542.011 and $1.12 million in the same periods in 2022.
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Three and six-month operating expenses totaled $1.24 million and $3.1 million, as compared to $1.13 million and $2.37 million during the same periods in 2022.
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Three and six-month net loss ...