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  "documentTitle": "Allbirds | Investor Presentation Deck | 13 slides",
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  "authorName": "Allbirds",
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  "presentationDate": "2023-05-01 00:00:00",
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      "text": "We remain confident that there is no need for additional capital in the foreseeable future",
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      "text": "Significantly slowed the rate of cash usage in Q1 2023 vs Q1 2022\nContinue to tighten new inventory buys\nEnded Q1 with $143M of cash and equivalents\n2023 capex to come down by more than half YoY to $10M - $15M due to fewer Allbirds store openings\nExtended and upsized revolver with JP Morgan: maturity through 2026 and access to up to $50M of committed liquidity and the option to request an upsize to $100M\nOverall for the year we expect 2023 total cash usage to continue to narrow on a YoY basis",
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      "text": "Strengthening our Cash and Capital Structure",
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