main the by good quarter morning reviewing you and at out start the themes the Thank higher detail. of this framing primary in third like and to puts level morning, a everyone. I'd takes before
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of food provide that the which our investments side, by to QX as and call. of costs were offerings, increased are and produce, ingredients goods Cost food as a depreciation increase On attributable of costs in primarily our components amortization outbound on we choice the was and cost variety seasonal product enhanced net highlighted logistics The in revenue to was well of premium impacted sold XX.X%. customers. as freight cost percentage goods increased costs excluding and as sold inbound
of costs the below well-publicized on logistics do we delivery impact Variable by managing food margin was pressure typically variable last XX.X% middle costs. from also a and mile the job component. the higher our of impacted to come target continue good inflationary Our costs. as first largely mile we what These to margin was due
normalize by offset implement will end we costs. logistics towards margin the variable the higher year, as of expect we earlier, to food noted I As historical and levels strategies
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working chain our supply operating significant find we with without reduce and inventory are costs vendors any risks. opportunities reduce addition, closely we continue to to creating In to onsite
manage warrants and QX professional other warrant and well in compared XXXX issue current $X.X us to investments in believe continue facility significant We obligation actively of and in This to to lenders to to any future XXXX the as basis. Product generally to fair an of technology administrative third our were in costs expense value non-cash. approximately quarter QX was the on all increases requiring we prepared a fees quarterly address is as million related increase the general million included $XX.X volume are capacity demand. and of lower
obligation as or value income balance in net. long at warrant fair the debt changes date other fair So each in with the to sheet reported remeasured remains outstanding, is value expense
which cash operations measurement EBITDA On the increase the the to negative million the net expected. was revenue obligation reported highlighted non-cash an cashflow $XX.X $XX.X from line, $X.X I as operating QX intensive of $XX.X impact quarter, flow negative third earlier in million in million. seasonality. Adjusted a primarily to the million warrant loss saw $XX.X cashews from million, bottom with loss cost of we historically free value lender. was a and We in our related cash includes and fair the
million of the connection also excess onion. chairman the the turning had $XX.X QX cash classified year most in $XX.X from million for Xth, relevant quarter, the factors our at portion and Recall is $XXX received we raise The is and XXXX and million million I've equivalent term long-term in which $X.X of is noted outlook. comp of cash with of During million co-founder the the as debt. related the supplier raise had financial period borrowings we cash in dates has with cash Upon million. fourth cash of insurance Lupron former believe capital $X.X debt. the total the proceeds Salzburg Matthew senior of XXXX end this And as long private of capital $XX to equivalents completion term placement outlook morning, my November that September, outstanding company secured under the a net for QX quarter from in of in million in long-term classified to commentary loan of a to our we $X.X proceeds third and on back our received fourth the we quarter current last the cash
me assumptions. some Now first share let
assumes guidance benefits to acceleration technology our improvements. consistent the of plan use making raise, business our strategic investments the proceeds the Our execution capital of impact us marketing both for our and year, acceleration operational continued from programs well as the from including next growth marketing and the to prepare an initiatives making as of in
guidance quarter with recently intend to will summit that assumes significant in the and center benefit not in marketing experience reactivation capital technology investments chain additional operations programs. XXXX support and of with our these and promo for accelerate investments promotional marketing the higher We customer or acquisition Lastly, plan raise. we unforeseen any new supply our disruptions the to discounts the of completed fourth
As intended for some a the full expect high like new impact as to the the comments are I'd on to these year compared digits starting to XXXX. for year will now be turn growth level towards full revenue our result, that we And investments year in XXXX XXXX. growth now in outlook single full XXXX
XXXX, to any we next cut plans be of marketing ramp significantly significantly marketing acquisition about the expected augment You've plan up marketing to deliberately in at and be levels efforts our our expect has in levels to years, generate it we double past morning higher recent to promotional customer of Linda higher our with we of growth achieved spend spend and XXXX, is me since year than in which three expenditures higher spent from to next line this year, heard we in acceleration around an what spending been marketing than years.
adjusted more least mid-teens of pretend XX growth than QX, costs expect related the generate year we as carbon with no result, longer significantly end compared percentage the well XXXX some we higher revenue XXXX of demic hourly full neutral wage higher increases result plan a the higher XXXX, range year full our as of EBITDA. full line in investments XXXX, expect the As drive full and and year in the rates, to at by points to to being in year than percentage to to commitment as top positive a growth
our Next our near our year, remain to that does while new grow metric market an is objective midterm share. goal, important term to capital deploy
as current you call Q&A, investor want reiterate are committed Linda as are I along throughout Finally, to we We lines. many today, on this ever that practice being quarter, and before and of committed to to with perspective friendly. I turn actively the and we speak to to maintaining many and those stockholders each stockholders
that, for are will Blue of your on an the will With and event understand, that take for early the details timing additional Linda community in value stages we help day I the appreciate next questions. investor We that investment planning Apron. of now standby and scope year, expect and better
