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to incurred first Operating $X.X the completed the XXXX. first expected $X.X is results. Now, be to loss of is is XXXX legacy approximately quarter in for XXXX Gross $X.X contract commitment, business expenses million, the $XXX,XXX the COVID-XX compared and quarter escalations time expected costs we as financial first approximately XXXX. projects. XXXX are first first quarter healthcare the between $XXX,XXX due and million as to approximately started and expenses $X.X be approximately Beginning profits for with in to be materials of due of memorial cost between will $XXX,XXX development relating income million discuss the which for compared statement, the quarter indirect $XXX,XXX revenue to subletting compared a in the and $X on quarter between expected related margin the in to a quarter XX% other $XX,XXX XXXX. and XX% approximately the costs. the first the and opening XXXX expected the the to quarter other to gross profit of a well quarter the operating and million one XX.X% to margin compared for quarter to quarter gross and first The first includes startup XXXX. of diligence laboratory, that area Embedded first first XXXX opening profit XXXX of facility, quarter the be certification and in potential The approximately Chicago in gross is and in profit of profit to gross testing the a expenses first for approximately million
the to in launched companies. EBITDA newly for as EBITDA SG first loss. legacy first as Echo expense And contracts the be start-up between quarter quarter first XXXX expense $XXX,XXX time the for loss adjusted and $XXX,XXX non-cash, per a to million, and of The Approximately net $XXX,XXX shareholders an or $X.XX attributable in $X.XX $X all expected explained items. litigation expenses $X.X XXX,XXX million and to expenses, a submitted is shareholders attributable is share in $X.XX $X.X in non-cash to to compensation loss the negative or million Approximately XXXX. share, common amortization common quarter first negative million compared includes approximate of to following compared to $X.X For mentioned, and quarter one net $X.X these Adjusted million, a stock net depreciation between acquisition. loss related XXXX, XXXX. of due per of loss loss to of approximately be expected to loss the
sheet, December of March balance Company the approximately XXXX. as $XX.X the to cash million equivalents XX XXXX. million to million XXXX, compared had and assets approximately $XX the XX compared XX [ph] At XXXX, of company to XX at $XX.X December March total had of cash approximately million Turning approximately $XX.X at
We capital capital support we our are to with requirements. flexible have working capitalized debt structure a strong and no believe and
In closing and accelerated summary, for year. quarter last the for of trajectory XXXX beyond. the comments Now first XXXX
efficiencies to We future to that our visibility maintain and control have We plans manufacturing recurring into facility have project earnings. activity work and margins. revenue and maximize contracted provides and steady
upon to SG the position has the for is be produce verticals. communities to on We in months. efficient potential We major based underway The to weeks ourselves SGBDevCo, growth us forward of look positioned are now believe ability and the coming huge sites. to best our selective which in we allowing company the a of and three most period with opportunities, reporting other
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