Here's a good questionQ1: “Our backlog of signed and/or awarded contracts remains strong, at $30.6 million."
Q2: “Our backlog of signed and/or awarded contracts remains strong, at $33.9 million."
"PyroGenesis recorded revenue of $3.0 million in the second quarter of 2023 (“Q2, 2023”), representing a decrease of $2.8 million compared with $5.8 million recorded in the second quarter of 2022 (“Q2, 2022”)"
How did revenues drop 48% yoy when backlog increased $3,3 million?
The company doesn't have the money to fulfill its contracts.