$X.X seat held Arcimoto's running, having ground on problems before My on really immediate quarter, from has million of I company. I'm scale growth helped the team the lead sales $X have and a to continued understanding day a the accelerating to capital This past restructuring formation, So, becoming has our strategic been lot million, of focus to one. the Board the of a -- CEO hit refinement prior facilitate efforts. led strategic continuing of a partnerships, me and
sales, to starting now cost out up down with savings and So, our you're now see we really that things with as the efficient getting scale lined the it's getting could production and Matbock and on such and deal. [indiscernible]
recent activities? the and production you tell manufacturing me about Can two: Question
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In May, offering previously. the the really a capital future. pipeline that that tool see new MUV, for the and that's right a so filling of here we the really never equipment piece category for really existed It's we unveiled So, true job. up is near us in right
would those activities, really the as far hits. be biggest as So,
saw Why is sale. manufacturing Next your facility is that up I question: for that?
feet little touched an I you using, not XXX,XXX XX% look a and it that in bit the utilized right, -- currently on Arcimoto, if using square perspective, brief, just that, land. roof XX%, that say, if being a even more is at factory predominantly, really XX-acre but -- plot by facility. of I'd or at that then a really we're nearly it's from maybe we look of XX-acre And under
whole look at using we're X% maybe footprint, XX-acre that you If of that.
just really real up should which in not -- will huge for should are leverage that a profit, another to be those be our as and allocating built manufacturing manufacturing continuing access allow the allow square leveraging the who that contract to equity into per a we're increase more generate foot funds to few Being overall there's we at investing land plant work, opportunity develop well provide revenue quarters. company, dollars been right? conducting over to that, we've the of sale that's capital into production, stage by where which the vehicle and and leaseback to that wants And for really we're us we estate. in last us someone is then, And hung those us. grow So as opportunity a
you to secured four: funds? funding week. these do plan million $X.X use Question Arcimoto in How this
and in some The and move will indeed transportation. cost-out right you scaling Arcimoto-owned path just I that clearly we're the our data Just of is Arcimoto's a in funds revolutionizing play from propelling mission that raised dealerships which production, briefed pivotal and role see the sale on the with of advancing at strategic can that efforts, working. the investing
announced You military the you efforts. came is partnership that? five: about Can more And Question me recently to This partnership tell Matbock. with a how be?
to overall and leadership storage. rolled recently design and the many, they tactical a arm. Matbock's out Arcimoto's brings military partnership With vehicle many systems, together and infrastructure, this architecture space, So, expertise, electrical in prototyping market products energy brought
so, for we well itself on current components to been team provide other both ends. And actually the future has together as chance jumped working electrical projects, opportunity the when type the to at electrical with well incredibly some projects architecture, And and presented them that. do VMS as
incredible it's the So, an forward we're that relationship onset partnership. and to been from from going come really what's looking to
profitability? production Next question: million. to to of balance a loss plan vehicles order costs $XX.X Arcimoto do in had and net achieve How you of
path, a a year-over-year. the There's on this appropriate see direction. improvement right, to moving It's efforts confirming million, the our big year, working swing $XX.X previous we're on that from drastic right? in right is really That to that
we reduction manufacturing build at will briefing which come cost a the of the is the we on [indiscernible] which profitability May. So, in believe NASDAQ exactly what material process, fall, the tip promised the into
we're track, So do. exactly and we're what on said doing to going we were we
period total quarter factors the compared XX% XXXX. same in revenues this to Arcimoto's by contributed this growth? to increased question: Next What
execution bit on sharp unencumbered It's being manufacturing as that's of manufacturing improving underutilized We've operational could not quite well as a leveraging utilized equipment equipment. got been. have it efficiencies as
what while in allows million and production in mean, us continuing us really one ramping roll scale that, a was big it's I space shorter-term to to as the and came things CM leveraging the so the on to starting equipment of scale one put we with opportunity generate did foot production a from the us that's those efforts generate up that up, revenue revenue, we I continue is that up that that got that XX% since really in of helped revenue factory. to rest $X.XX So XXXX.
X,XXXth Next -- reaching vehicle vehicle? question: you our for the about producing X,XXXth your How do milestone of feel significant
a very of I'm milestone. this, proud big naturally. It's
I last driven cumulatively at, data million think that miles. we the looked I X.X
problems real it's a customers. got with really It's -- there operating bright on real that the product many So, for a and road this out today. is road vehicles future solving that's tested,
you do And success and then last financial market? the to stability path in long-term question envision the is, EV how
Our that our future long-term one platform what goods a last-mile most development and to market for the offer ready goal the demonstrating capability provide and today. foundation really is human platform for see cost-effective, road driverless are being. the future We we will mobility efficient technology of intend that of most the
we're Arcimoto, what look will curve, like. it, so future that that We that side, we'll eventually to more we developed go. around is intersect And that technology the to will ready and with we be here catch that, we're and seeing think come -- at this of already And to understand and here so, state mobility I internationally. know the and ready of we is mean we ahead that there
deliver on so the to on allowing what Arcimoto. for holds we future we're deliver we're the and said the hard team of excited So. on proud continue very I'm the us to to really really on. track pushing keep us to about path, going what for
the who look conclude for with another everyone. call. So, submitted to that, talking three guys you forward to earnings in to Thank like you, you months. questions. Thank I I'd And everyone
