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      "text": "Active cash management leading to lower than expected adjusted cash spend; Adjusted cash spend in H2 2023 below expectation at €150 million; Unaudited liquidity as of December 31 at €198 million; Lilium received first customer PDPs; Adjusted cash spend guidance for H1-2024 between €170 and 180 million; Active discussions for funding beyond first flight; Substantial pre-delivery payments (PDPs) expected after first manned flight",
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      "text": "1 Excluding fundraising and related fees, other non-operational cash flows; 2 Consists of cash and cash equivalents and other financial assets (excluding €4.6mn investment in equity instruments)",
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