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  "notes": "Includes footnotes detailing restricted cash, ABL capacity constraints, and equity agreement terms.",
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      "text": "In July 2022, we entered into a Standby Equity Purchase Agreement, which would allow us to raise approximately $16.1M (4)",
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      "text": "Liquidity calculation does not reflect projected working capital improvements (which may reduce ABL capacity)",
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      "text": "1. Restricted cash was $8.8M as of March 31, 2023\n2. ABL Borrowing capacity is subject to $15M cap on inventory for the first six months of the facility.\n3. Structural Debt Facility is subject to a $57M unrestricted cash covenant\n4. As of May 11, 2023, based on closing price of $0.51",
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      "text": "3/31/23 Cash (incl. $9M restricted cash) $91; Subsequent Event - ABL estimated future availability $10; Total Liquidity $101",
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