Summary by Moomoo AI
Mobix Labs, Inc. reported a loss from operations of $46,395 for the fiscal year ended September 30, 2024, compared to $35,544 in the previous year. The company's accumulated deficit reached $104,457 as of September 30, 2024. Mobix Labs has historically financed operations through equity sales and debt issuance, but expects to continue incurring losses and negative cash flows.Management expressed substantial doubt about the company's ability to continue as a going concern, citing inadequate liquidity to meet operating needs beyond the next 90 days. While Mobix Labs plans to raise additional capital, there is no assurance financing will be available on acceptable terms. The company may need to reduce operating expenditures if unable to obtain adequate financing.The consolidated financial statements were prepared assuming Mobix Labs...Show More
