The company said that as of the end of 2024, it had an accumulated deficit of $127.2 million and cash and cash equivalents of only $3.5 million.
Boeing said the deliveries are scheduled to begin in 2027 and highlighted that it expects to complete the entirety of the USASOAC Chinook fleet in early 2030.
Deposits for the token are already open, with withdrawals set to begin at 6:00 a.m. ET on March 28.
Archer and Ethiopian Airlines will collaborate to bring an all-electric air taxi network to the region using Archer’s Midnight aircraft, valued at up to $30 million.
WiMi’s move comes days after MicroAlgo’s stock skyrocketed 455% on Monday following a planned $20 million share issuance announcement.
Short-seller Gotham City Research calls Kyndryl ‘uninvestable,’ raising concerns over its financial reporting, cash flows, and insider selling.
The company reaffirmed its previous guidance for 2025 and said it expects sales growth of over 50% and its gross margin to exceed 87%, higher than the 86% reported for 2024.
Toncoin led gains among the top 20 cryptocurrencies by market capitalization over the past 24 hours, according to CoinGecko.
The company said it will offer 136.8 million Class A ordinary shares at a price of HK$29.46. Hong Kong-listed shares of NIO closed 5% lower on Thursday at HK$32.55, which is still 10% higher than the offering price.
Bitfarms CEO Ben Gagnon attributed the company’s growth to its transformation from solely a Bitcoin miner into a North American energy and computing company.
