The amendment also reduces the minimum liquidity covenant in each of the credit agreements from $11.0 million to $1.0 million.
The aggregate amount of outstanding loans and undrawn commitments under the credit agreements remains at $170.0 million.
The company said it expects FY2022 preliminary sales of $19.5 million, adjusted gross margin of 38%, net loss of $111.1 million, and adjusted EBITDA loss of $29.8 million.
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