AYRO Says In 2024 Targets Burn Rate ~$1.5M/Quarter
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ROUND ROCK, TX / ACCESSWIRE / December 15, 2023 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro distribution, micromobility, and last-mile delivery, announces the appointment of its chief financial officer David Hollingsworth as interim president of the operations division of AYRO, AYRO Operating Company, Inc. Mr. Hollingsworth will continue with his ongoing duties as the parent company's CFO, chief information officer and chief human resources officer. Mr. Hollingsworth's appointment follows Tom Wittenschlaeger's recent departure from AYRO.Mr. Hollingsworth commented, "AYRO is in a unique
ROUND ROCK, TX / ACCESSWIRE / August 24, 2022 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro distribution, micro mobility, and last-mile delivery, announces the appointment of David E. Hollingsworth as the Company's Chief Financial Officer (CFO), effective August 23, 2022. Mr. Hollingsworth brings deep financial reporting and accounting experience spanning 16 years, including most recently as the interim CFO at the Company since January 2022."Dave has proven himself as a finance leader who brings strategic thought and a deep knowledge of financial accounting, treasury, enabling systems inf
AUSTIN, Dec. 15, 2021 (GLOBE NEWSWIRE) -- AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro distribution, micro mobility, and last-mile delivery, announces results from its Annual Meeting of Stockholders held on December 14, 2021. Seven directors (Thomas M. Wittenschlaeger, Joshua Silverman, Wayne R. Walker, George Devlin, Sebastian Giordano, Zvi Joseph, and Greg Schiffman) were elected to serve a one-year term on the Board. The appointment of Friedman LLP as AYRO's independent registered public accounting firm for the fiscal year ending December 31, 2021 was ratified. Additionally, CEO Th
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ROUND ROCK, TX / ACCESSWIRE / November 20, 2023 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro distribution, micro-mobility, and last-mile delivery, announces financial results for the third quarter ended September 30, 2023.Recent Financial Highlights:Recognized first revenue from new AYRO Vanish units in the third quarter of 2023Adjusted EBITDA in the third quarter of 2023 was ($5.2) million vs. ($4.8) million in the prior year periodApproximately $47.9 million in cash and equivalents, marketable securities, and restricted cash at September 30, 2023"The third quarter of 2023 was marked by
ROUND ROCK, TX / ACCESSWIRE / August 14, 2023 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro distribution, micro-mobility, and last-mile delivery, announces financial results for the second quarter ended June 30, 2023.Recent Financial Highlights:Net loss of $6.0 million in the second quarter of 2023 compared to net loss of $6.0 million in the prior year periodApproximately $52.0 million in cash to date, including the proceeds of a $22 million financing consummated in early August 2023"We made significant progress during the second quarter that we believe brings us ever closer to the commer
Conference Call to be held on Tuesday, August 15, 2023 at 8:30 a.m. Eastern TimeROUND ROCK, TX / ACCESSWIRE / August 9, 2023 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro distribution, micro-mobility, and last-mile delivery, announces that it will report second quarter 2023 financial results on Monday, August 14, 2023 after the market close.AYRO management will host a conference call at 8:30 a.m. ET on Tuesday, August 15, 2023 to review financial results and provide an update on corporate developments. Following management's formal remarks, there will be a question-and-answer session.To l
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Company continues to actively create market opportunities for vehicle sales for the Vanish while leveraging $48 million cash position to optimize shareholder valueROUND ROCK, TX / ACCESSWIRE / January 10, 2024 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro distribution, micromobility and last-mile delivery, announces its upcoming participation in the 2024 PGA Show January 24-26, 2024, in Orlando, Florida. Those attending the 2024 PGA Show can find AYRO at Booth No. 2373."The PGA Show is an important opportunity to demonstrate our newest technology to an audience we have long considered amo
Begins launch of new vehicles with strong balance sheet of $48 million in cashROUND ROCK, TX / ACCESSWIRE / January 3, 2024 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro distribution, micromobility and last-mile delivery, announces that the Company received its first U.S. Government order for the Company's utility low-speed electric vehicle ("LSEV"), the AYRO Vanish (the "Vanish"), for a United States Embassy located in South Asia."This order highlights the value a whisper quiet, high payload utility vehicle brings to an environment where noise is a principal liability," noted David Holli
ROUND ROCK, TX / ACCESSWIRE / December 15, 2023 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro distribution, micromobility, and last-mile delivery, announces the appointment of its chief financial officer David Hollingsworth as interim president of the operations division of AYRO, AYRO Operating Company, Inc. Mr. Hollingsworth will continue with his ongoing duties as the parent company's CFO, chief information officer and chief human resources officer. Mr. Hollingsworth's appointment follows Tom Wittenschlaeger's recent departure from AYRO.Mr. Hollingsworth commented, "AYRO is in a unique
10-Q - AYRO, Inc. (0001086745) (Filer)
8-K - AYRO, Inc. (0001086745) (Filer)
8-K - AYRO, Inc. (0001086745) (Filer)
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