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MMAT - Meta Materials GAAP EPS of -$0.04 beats by $0.02 revenue of $1.45M misses by $1.37M
Meta Materials Inc.
2023-03-23 07:51:30 ET
Meta Materials press release ( NASDAQ: MMAT ): Q4 GAAP EPS of -$0.04 beats by $0.02 .
Revenue of $1.45M (-36.7% Y/Y) misses by $1.37M .
On December 31, 2022, cash and cash equivalents totaled $11.8MM, including $1.7MM in restricted cash.
net cash used in operations totaled $13.7MM, and non-cash expenses were $7.8MM, including $3.9MM in depreciation and amortization and $3.4MM in stock-based compensation.