Core Viewpoint - Spirit AeroSystems reported a decline in revenue and operating loss in the first quarter of 2025, primarily due to reduced production activity on Boeing programs, particularly the Boeing 737, although there was an increase in Airbus program activity [2][4][10]. Financial Performance - Revenue for the first quarter of 2025 was $1.522 billion, down 11% from $1.703 billion in the same period of 2024 [24]. - The operating loss improved to $487 million from $528 million year-over-year, with an operating loss margin of 32.0% compared to 31.0% in 2024 [24]. - Net loss was $613 million, slightly improved from $617 million in the previous year, resulting in a net loss per share of $(5.21) compared to $(5.31) [10][24]. Cash Flow and Liquidity - Cash used in operations was $420 million, a slight increase from $416 million in the prior year, while free cash flow usage was $474 million compared to $444 million [25][30]. - The cash balance at the end of the first quarter of 2025 was $220 million, down from $537 million at the end of 2024 [25][31]. Segment Performance - Commercial segment revenue decreased by 14.3% to $1.162 billion, primarily due to lower production activity on Boeing programs [26]. - Defense & Space segment revenue increased by 4.1% to $261 million, driven by higher activity on the Boeing P-8 and Sikorsky CH-53K programs [26]. - Aftermarket segment revenue increased slightly to $99.2 million, although operating margin decreased due to sales mix [26][17]. Backlog and Deliveries - Spirit's backlog at the end of the first quarter of 2025 was approximately $48 billion, encompassing work packages on all commercial platforms for Airbus and Boeing [3]. - Total deliveries increased to 429 shipsets in the first quarter of 2025, up from 307 in the same period of 2024, with significant increases in Boeing 737 deliveries [26]. Strategic Developments - The company is in the process of a merger with Boeing, expected to close in the third quarter of 2025, subject to regulatory approvals and other conditions [13]. - Spirit has also entered into a definitive agreement with Airbus for the divestiture of certain assets for $439 million, expected to close concurrently with the Boeing acquisition [14].

As filed with the Securities and Exchange Commission on April 14, 2025 Registration No. 333-[*] UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 FAST TRACK GROUP (Exact Name of Registrant as Specified in its Charter) Not Applicable (Translation of Registrant's Name into English) Cayman Islands 7900 Not Applicable (I.R.S. Employer Identification No.) 12 Mohamed Sultan Road, #04-01, Singapore 238961 +65 6531 0075 (Address, ...

Financial Performance - Q4 2024 revenues reached $2.0 million, a $0.3 million or 13% increase compared to $1.7 million in Q4 2023[5] - The company's Q4 2024 net loss was $2.9 million[5] - Adjusted EBITDA for Q4 2024 was ($2.5) million[5] - Full year 2024 revenues totaled $8.7 million, compared to $6.9 million in 2023[6] - Net loss attributable to Class A common stock was $0.94 per share in fiscal year 2024, compared to a net loss per share of $5.56 in fiscal year 2023[5] Operational Highlights - Le Mans Ultimate achieved 100,000 net unit sales in Q4 2024[5] - RaceControl launched a new subscription offering in December 2024[5] - Further updates to Le Mans Ultimate were released in February 2025, adding three more LMGT3 category cars[5] Liquidity Concerns - As of December 31, 2024, the company's cash and cash equivalents were approximately $0.9 million, increasing to $1.2 million as of February 28, 2025[9] - There is substantial doubt about the company's ability to continue as a going concern, as disclosed in its Form 10-K for the year ended December 31, 2024[9] - The company's average monthly net cash burn from operations was approximately $0.2 million during the year ended December 31, 2024[9]

Core Viewpoint - iRobot faces "substantial doubt" about its ability to continue as a going concern, prompting a formal strategic review by its board of directors to explore potential sales, refinancing, and other alternatives [1][5]. Company Developments - iRobot appointed Neal P. Goldman as an independent director, who has a strong background in operational and financial transformations [2][3]. - The company announced its largest product launch in history on March 11, 2024, indicating efforts to revitalize its market presence [4]. Operational Restructuring - Since implementing its operational restructuring plan in January 2024, iRobot has reduced its workforce by over 50%, cut sales and marketing expenses, decreased inventory and cash outflows, and significantly lowered product costs [5]. - The restructuring was initiated after a failed acquisition by Amazon, which was valued at $1.7 billion but was canceled due to regulatory challenges in the EU [6]. Market Challenges - iRobot attributes the uncertainty regarding its future to factors such as consumer demand, competition, macroeconomic conditions, and tariff policies [5].

Core Viewpoint - Spirit AeroSystems reported a challenging fourth quarter for 2024, with significant operating losses and a decrease in revenue compared to the previous year, primarily due to the impacts of the Boeing Memorandum of Agreement and production challenges. The company is preparing for its anticipated acquisition by Boeing in mid-2025, focusing on operational improvements and transition plans to ensure long-term success. Financial Performance - Spirit's revenue for the fourth quarter of 2024 was $1.65 billion, a decrease of 9% from $1.81 billion in the same period of 2023 [27] - The operating loss for the fourth quarter of 2024 was $577 million, compared to an operating income of $215 million in the fourth quarter of 2023 [27] - The net loss for the fourth quarter of 2024 was $631 million, translating to a loss per share of $(5.38), compared to a profit of $75 million and earnings per share of $0.66 in the same period of 2023 [27][7] Operational Highlights - Deliveries increased significantly in the fourth quarter, with Boeing 737 deliveries up 133% compared to the previous quarter, A220 deliveries up 37%, and A350 deliveries up 15% [2] - Spirit's backlog at the end of the fourth quarter of 2024 was approximately $47 billion, encompassing work packages on all commercial platforms in the Airbus and Boeing backlog [4] Cash Flow and Liquidity - Cash provided by operations improved to $137 million in the fourth quarter of 2024, up from $113 million in the same period of 2023 [28] - Free cash flow for the fourth quarter of 2024 was $91 million, compared to a negative cash flow of $1.27 billion in the previous year [28] - The company received advance payments from Boeing of up to $350 million and from Airbus of $107 million, with $200 million and $70 million received by the end of the fourth quarter, respectively [9] Segment Performance - The Commercial segment revenue decreased by 16.6% in the fourth quarter of 2024, primarily due to the Boeing MOA impacts, with an operating loss of $468.3 million [30] - The Defense & Space segment revenue increased by 30.9% year-over-year, driven by higher activity on specific programs, although it recorded net forward losses of $30 million [20] - The Aftermarket segment revenue increased by 29.8% compared to the previous year, primarily due to higher spare part sales, but the operating margin decreased due to sales mix [22] Acquisition and Future Outlook - The anticipated acquisition by Boeing is expected to close in mid-2025, subject to regulatory approvals and other conditions [13] - Management is focused on improving liquidity and operational efficiency, with plans dependent on various factors including customer advance repayments and production forecasts [11]

As filed with the Securities and Exchange Commission on February 14, 2025. UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Amendment No. 6 to FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 FUNCTIONAL BRANDS INC. (formerly HT Naturals Inc.) (Exact name of registrant as specified in its charter) Delaware 325411 85-4094332 (I.R.S. Employer (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) Identificat ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 WINDTREE THERAPEUTICS, INC. (Exact name of registrant as specified in its charter) Table of Contents As filed with the Securities and Exchange Commission on August 23, 2024. Registration No. 333- Delaware (State or other jurisdiction of incorporation or organization) 2836 (Primary Standard Industrial Classification Code Number) 94-3171943 (I.R.S. Employer Identification Nu ...

TABLE OF CONTENTS As filed with the Securities and Exchange Commission on August 14, 2024 Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Nuwellis, Inc. (Exact name of registrant as specified in its charter) Delaware 3845 68-0533453 (State or Other Jurisdiction of Incorporation or Organization) (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification Number) 12988 Va ...

As filed with the Securities and Exchange Commission on July 24, 2024 Registration No. 333-280423 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 AMENDMENT NO. 3 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 NOVABAY PHARMACEUTICALS, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Delaware 2834 68-0454536 (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identificat ...

As filed with the Securities and Exchange Commission on July 12, 2024 Registration No. 333-280423 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 AMENDMENT NO. 2 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 NOVABAY PHARMACEUTICALS, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) 2000 Powell Street, Suite 1150 Emeryville, CA 94608 ( ...