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  "presentationDate": "2023-08-01 00:00:00",
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      "text": "Solid execution despite moderation in demand environment\nSales increase of 92.9% year-over-year\nGross loss of $2.9 million compared to $1.9 million in prior year comparable period\nIncurred impairment losses of $4.7 million at Pacific Ridge and Darkhorse, which were the primary drivers of the gross loss in the period",
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      "text": "Cost management and balance sheet to support growth\nImplemented further actions to improve operating posture and drive cost reductions\nOperating expense decreased 34.9% in Q2 2023 from the comparable period\nClosed $10.0 million gross public offering; provides capital to support operations and execute our strategy",
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      "text": "Corporate update\nAppointed Jeffrey Habersetzer as Interim Chief Executive Officer and Interim President, effective July 12, 2023\nAppointed Yoshi Niino as Chief Accounting Officer, effective July 12, 2023",
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      "text": "Near-term momentum remains solid\nClosed Mills Crossing multi-family townhomes in June 2023\nMulti-family rent up at Pacific Ridge, Wyndstone, and Belfair Phase 1 progressing\nSix completed Texas homes in Cimmaron Hills, Siena Creek, and Summit Rock communities listed for sale\nClosed two Texas homes, five Texas lots and four California lots during the quarter\nExploring sale and construction opportunities for Bridge View Trail entitled land project",
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