Investor Overview November 2023 slide image

Investor Overview November 2023

7. Strong Balance Sheet (Further Enhanced with Distribution Agreement) 冚 $211M 12 Preferred Agreement with ADI Global Distribution Q3 2023 Inventory $47.5M H Cash position as of Q3 2023 Less inventory = More Cash $14M Cash increase in Q3 2023 vs Q2 20233 primarily from lower inventory (ADI did not contribute in Q3) + Benefits our cash position. + Enhances our ability to scale while optimizing our working capital SmartRentⓇ
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