The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Adam Waldo - Lismore Partners, LLC - Analyst
: Yes, good day, Ronan and Brad. I hope you can hear me okay.
Question: Adam Waldo - Lismore Partners, LLC - Analyst
: I'm well, Ronan, thanks. Hope you are as well. So, I wanted to just drill down a little bit more on the Herbal Oasis Social Tonics progress. Obviously,
your press released that launch on 14th, November on your last quarterly call on 18th, December. You weren't comfortable saying much about it
yet in terms of the perspective revenue margin structures, working capital and the like that would be associated with it because it was very early
days. What more can you say on those topics now?
Question: Adam Waldo - Lismore Partners, LLC - Analyst
: Right and I noticed on the website that you're also offering at DTC. How. Do you think the DTC margins will look on that versus the rest of the
product portfolio? look, on the DTC side, it is a little tighter than some of our other products, but we still see it as a very viable channel. We see
others in the category very successfully growing profitably in this category as well, albeit it may not be as profitable as some of our higher end
skews that we have on the.
Website. Okay, did you book any revenue from. Oasis in the December quarter, or are you booking your first revenue here in the first quarter?
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FEBRUARY 13, 2025 / 9:20PM, YCBD.A - Q1 2025 cbdMD Inc Earnings Call
Question: Adam Waldo - Lismore Partners, LLC - Analyst
: Okay, that's there. On the convertible notes, you can you achieve conversion of all the remaining principal and interest in January. So, what were
the total shares of common stock outstanding, as of the start of February pro forma for that final conversion?
Question: Adam Waldo - Lismore Partners, LLC - Analyst
: Okay, thanks. And then my last question is on liquidity outlook in the working capital area and on the last quarterly call on 18th, December you
got for what you thought was a liquidity runway of at least 8 quarters which would take you out to the end of fiscal 2026. Do you still hold that
view as we sit today?
Question: Adam Waldo - Lismore Partners, LLC - Analyst
: Yeah, I think, that's a fair statement. Okay, thanks very much.
Best wishes moving forward. Good job.
Question: Thomas McGovern - Maxim Group LLC - Analyst
: Hey guys, rest of the quarter and thanks for taking time to answer my questions. So yeah, just high level, it's great to hear that you guys have
received a lot of industry interest it sounds like for your Oasis, beverage product line. I just want to kind of get a better idea of the trends you're
seeing across your product tech, categories.
Back in fiscally 24, we saw retailers starting to pull back shelf space for a lot of these products, but with the national retailer kind of already lined
up for you guys once you figure out distribution, it seems that, there might be great interest in this specific category, and I wanted to get an idea
if that could be indicative of a, category turnaround more broadly or if it's more specific to the beverages.
Question: Thomas McGovern - Maxim Group LLC - Analyst
: Understood. I appreciate that thorough.
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