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As of March 31, 2023, LAVA had cash, cash equivalents and investments totaling $125.4 million compared to cash, cash equivalents and investments of $132.9 million as of December 31, 2022.
Net losses were $13.9 million and $9.8 million, or $0.53 and $0.38 loss per share, for the quarters ended March 31, 2023 and 2022, respectively.