RT Solana Developers (@solana_devs)FULL TALK: @bw_solana on Anza's roadmap for Solana core: Resiliency, Performance, Market Structure, DevEx & Opex https://t.co/QrZKVIDnLw ...

Posts like these are a great reminder of how much we all have to be thankful for.Even though most of you who know Codee know him through crypto, his story is about resiliency, strong loving relationships, and the strength to persevere is amazing and inspiring.That's worth more than any magic internet money. Let's remember freedom money is important, but never as important as real people.Hug everyone you can when you can. We never know when that carousel ends for each of us and love is the best currency.code ...

Core Roles of a Criminal Defense Lawyer - The legal profession involves guiding clients through the legal system, narrating their circumstances, and engaging in legal combat [2] - Lawyers operate in imbalanced situations, requiring them to optimize their position [3] Advocacy and Persuasion - Effective advocacy involves breaking down issues into facts, rules, and application, rather than relying on rhetorical tricks [4][5] - Suggesting reasonable alternatives regarding facts, rules, or their application is crucial in advocacy [5] - Cross-examination is a tool used to challenge details and suggest alternatives [6] - Allowing the decision-maker to reach their own conclusion is the most effective form of advocacy [10] Definitions and Nuances - Legal definitions are rarely based on a single factor but rather on a combination of factors [12] - Exceptions and multiple factors often exist, making definitions complex [16] Resiliency and Rehabilitation - Providing basic needs like sobriety, shelter, sleep, food, and medication can lead to positive transformations in individuals [18] - The human spirit can be rekindled, offering hope for rehabilitation [21]

JUST IN: 🇺🇸 TD Cowen says the $19B flash crash proved Bitcoin’s resiliency. - The Block“Bitcoin, for example, briefly dropped 15% before closing the day down just 8%.”They remain bullish with a $141,000 price target by December 🐂 https://t.co/8X4a4tS3gq ...

From @WSJopinion: Our adversaries and potential adversaries aren’t waiting. America needs more speed and investment. That is why JPMorganChase is planning a 10-year, $1.5 trillion initiative to shore up America’s resiliency, writes Jamie Dimon. https://t.co/LaMKtnHUMu ...

Solana Network Focus - Solana developers shifted focus to network resiliency, deprioritizing feature development [1] - Q4'24 marked the period when Solana fully committed to IBRL (Implementation-Based Rate Limiting) [1] Developer Capabilities - The Solana and Anza development teams demonstrate significant progress when focused on specific problems [1]

Starknet Ecosystem Sentiment - The Starknet ecosystem has shown resilience over the past three years [1] - The ecosystem is now ready for significant advancement and impact [1] - A sense of determination and readiness to unleash potential within the Starknet community is present [1]

Core Message - Servant leadership is presented as a superior alternative to top-down authority and manipulation, advocating for inspiring others to act through love and service [2][4] - The text emphasizes the importance of using one's talents to positively impact others and communities, rather than solely pursuing financial gain [26][27] Key Attributes of Servant Leadership - Resiliency: The ability to recover from failures and persist in pursuing goals [7][8] - Maturity: Developing a clear understanding of one's values and purpose [8][10] - Visionary: The capacity to look beyond the present and work towards a future goal [11] - Inclusivity: Embracing diversity and including marginalized individuals [12][14] - Public Ministry: Openly sharing one's work and vision to benefit others [15] - Boldness: Willingness to challenge the status quo and face opposition [16] - Evaluation and Adjustment: Adapting tactics and strategies based on circumstances [18] - Redemption: Offering opportunities for those who have made mistakes to redeem themselves [20][21] - Directness: Providing clear guidance and expectations [22] - Honesty: Communicating truthfully and avoiding manipulation [23] - Hope: Maintaining a positive outlook and belief in the possibility of change [23][24]

Financial Data and Key Metrics Changes - The company generated over $126 million in free cash flow for the quarter, marking the 22nd consecutive quarter of positive free cash flow, totaling over $1.8 billion during this period [11][27] - Adjusted EBITDA for the quarter was approximately $440.4 million, including a legal settlement impact of about $48.6 million [27][32] - Total average daily production was approximately 134,000 BOE per day, up 9% year-over-year and in line sequentially [26] Business Line Data and Key Metrics Changes - Oil production was approximately 77,000 barrels per day, up 10.5% year-over-year but down 2% sequentially due to lower activity in the Williston [26] - Gas production reached record volumes of approximately 343 MMcf per day, with contributions from the Appalachian joint venture [27] - The Uinta basin saw a significant increase in drilling activity, with 4.8 net wells spud during the quarter, up from 1.4 in Q1 [19] Market Data and Key Metrics Changes - The company experienced a 6% sequential increase in lease operating costs per BOE, rising to $9.95 due to higher expenses in the Williston and Permian [28] - Oil differentials averaged $5.31 per barrel, with year-to-date differentials at $5.5, leading to adjusted guidance [27][28] - Natural gas realizations were at 82% of benchmark prices, down from 100% in the previous quarter due to market weaknesses [28] Company Strategy and Development Direction - The company is focusing on a disciplined capital allocation strategy, prioritizing acquisitions over organic growth in a volatile price environment [8][14] - The backlog of potential acquisitions is at an all-time peak, with over 10 ongoing processes assessed at a combined value exceeding $8 billion [24][70] - The company aims to maximize returns for investors while maintaining a strong balance sheet and focusing on long-term value creation [16][17] Management's Comments on Operating Environment and Future Outlook - Management noted that the business model has proven resilient despite commodity price volatility, with a focus on risk optimization and cash flow generation [5][6] - The company anticipates modestly lower volumes in Q3 due to reduced spending but expects a recovery in Q4 as drilling activity ramps up [35][75] - Management emphasized the importance of preserving capital for better opportunities in the future, especially in a fluctuating price environment [48][66] Other Important Information - The company recorded a non-cash impairment charge of $115.6 million due to lower oil prices, leading to a reduction in guidance for depreciation, depletion, and amortization [32] - The company has maintained over $1.1 billion in liquidity, consisting of cash and available credit, reflecting confidence in its asset base and credit profile [30] Q&A Session Summary Question: What is the cadence into 2026 and the impact of lower activity in the Williston? - Management indicated that lower spending in Q2 would translate to modestly lower volumes in Q3, with expectations to exit the year at levels similar to Q2 [35][36] Question: How is the reduction in CapEx being managed? - The reduction is a combination of non-consenting wells and discretionary spending, with a focus on preserving capital for better returns [47][48] Question: What is the outlook for the M&A market? - The M&A market remains robust, with a variety of asset types available, and the company is positioned to capitalize on these opportunities [70][89]

Financial Data and Key Metrics Changes - For Q1 2025, revenues were $6.3 million, a significant decrease compared to the same period in 2024, where revenues were approximately double [4][19] - Gross profit for Q1 2025 was $500,000, resulting in an 8% gross margin, down from $1.5 million and a 10% gross margin in Q1 2024 [5] - The net loss for Q1 2025 was $15.5 million, which included $12.5 million in non-cash expenses, compared to a net loss of $3 million in Q1 2024 [6][7] - Cash balance at the end of March 2025 was $2.5 million, down from $4.6 million at the end of 2024 [7] Business Line Data and Key Metrics Changes - Revenue from commercial customers increased to 53% in Q1 2025 from 16% in Q1 2024, indicating a shift towards enterprise customers [4] - International customers contributed 25% of total revenue in Q1 2025, up from 11% in Q1 2024 [4] - Non-government sales grew by 41% year-over-year, demonstrating the effectiveness of the diversification strategy [23] Market Data and Key Metrics Changes - The U.S. Federal Government's halt on electric vehicle infrastructure acquisitions has negatively impacted revenue, as over half of the previous year's revenue came from federal orders [19][20] - State and local government sales remain strong, with indications of increased activity from California and other municipalities [24] Company Strategy and Development Direction - The company is focusing on diversifying its product offerings and geographic reach, particularly in Europe and other international markets [10][22] - The management believes that the acquisitions made in recent years have significantly enhanced the company's growth potential and market presence [13][38] - The strategy includes expanding the sales team and leveraging external sales resources to increase market penetration [25] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in returning to growth in future quarters despite current challenges, emphasizing the importance of their diversification strategy [10][28] - The company is optimistic about the potential for significant growth in Europe, the Middle East, and Africa [27][35] - Management acknowledged the impact of tariffs but remains hopeful for a reversal of the worst effects, which could improve margins [29][30] Other Important Information - The company has no debt and sufficient cash to continue operations, positioning itself well for future growth [10][39] - The goodwill impairment of $10.8 million was recognized due to a decline in market capitalization, but management believes this does not reflect the true value of the company's assets [6][16] Q&A Session Summary Question: How is the product mix between EV ARC and new products expected to evolve? - Management is enthusiastic about the adoption of new products like Beam Patrol and Beam Bike, expecting orders to increase in 2025 and beyond, while still seeing growth in EV ARC [44][47] Question: What is the current state of manufacturing capacity in Europe? - The company has significant manufacturing capacity in Europe, with the potential to produce five times more units than in the U.S., although supply chain issues remain a concern [58][63] Question: How will resiliency be emphasized in the product line? - Resiliency is a key aspect of the company's offerings, with products designed to operate during blackouts and natural disasters, which is increasingly relevant in various markets [66][70]