Forza Executive of the My name today. Chairman call is everybody. morning, to I to would I am Visconti. everyone Good the welcome like Joseph XX.
and Gunnerson, will available the be are the end at joined President both and We our for CFO, Jim our CEO, presentation. Carrie with and Q&A Leffew, of
the and marine address manufacturing, rivers and the the with forward that of lakes, XX-foot largest salt waters. water sustainable of XX-foot fresh space, to boat the segment boats, electric and sport market of and pushing developing inland designing, recreation one continue teams for Our goal
and or pull mission tube, day up pull your fish, boating cruise boats on wake enjoy sandbar the family. your friends and a kids designed full to a the to of a zero enjoy versatility surf, Our are with electric with of boat day
am major milestone accomplishment a going overview Today up and to brief I do and open Q&A. for then update on
focused are on production our F-XX electric We boats. the of
We are for with production will targeted customers in and and testing vessel continue begin extensive this officially QX production producing XXXX [ph] before we batch end-users, small on boats our date.
announced, for per with entire have the go outboard travel board, has combined XX done, hour. spend will miles day is the been we motor. you XXX As pull to day over your cruise power of more kids the and XX previously enough fast, any peak horse on your to house our back nearly XXX your The and F-XX family trailer power your battery miles pull the you than on speeds F-XX This miles and speeds, F-XX lithium XX-foot lower designed to kilowatt like slow, reaching battery, you enjoy our on water, and other when XX to are at is go boat.
level XXX-hour charged charger. be F-XX The simply can a off-the-shelf very with two
it Depot or buy Lowe's. can You Home Amazon,
a will recommended Amazon, in following store-boat charge your and the the power, boat buy adapter boat. your use and two battery your your level $XX the boat and a plug up you take eight pack and XX% hours be the charge XX% your marina [ph] hours to to able will you your approximately If shore Both the six system from to at dock you day. to electric into with right electric keep power shore F-XX power shore the in can
boat monohulls. catamaran, and one Some off-shore-style three of electric date, highlights; the three styled boat XX F-XX Forza catamarans, two has to built out deck bay
common mortgage stock million. finance needing North debt. two We completed $X This allows a round recently only Carolina warrant manufacturer. no without its This of In pontoon a national pontoon funding to with addition, issued for plant coverage. or build over we electrified boats Forza have round, funding major to we
Our months. been North anticipate Carolina property has several the graded in and starting we construction next
electrify and electrified DC new moving XXXX. we XX-foot to are no the than dual first have forward The console should console later our or plan QX dual
enhance We more the to output and outward powerful work are more XXX increase to proprietary to motor increase on horsepower. motor, continuing range. maximum a designed power powerful larger, This performance would both
of is our testing. Once horsepower electric begin will extensive to rigged outboard all-new our XXX prototype boats completed, work motor be and one
We one the manufacturers United of States. pontoon with are in the working largest
team power going of We system executives have this boats. selling meet our and together testing electric company or of electrify are the through our share two electrified two and boats data with working The company's jointly unnamed this of to extensive to models. with engineers continues their pontoon goal and
I forth know, highlight. Forza controller and share was company but of after or originally is electrified company and to center to year these companies and targeted and with meet Hopefully additional pontoons travelled our Fort, and was a entire boats I to far executives am the time, to this electrify these more in the team. chosen at ride that our XX back tax unable can Pontoon with on motor, these say Old executives, there barracks come to electrify North as this Carolina and information XX almost as I there the to chosen
Hotel launch had industry Marine EV electrified the The at place our space, Downtown influencers leaders, an initial people individuals that orders in shareholders included event Beach. XXX this boats. nearly hosted Ben Marine EV and last in Palm month for West that and XX We electric Forza
Hotel very the room of our showcased Forza that one viewed be on downstairs cool electric We launch boats. events. Our a had event under Ben XX can YouTube
Engineer Telematics we stack Electrical Norton, Owen new XXX-plus with new event Leffew, including followed video, and Chief ballroom horsepower motor launch on Jim our CEO; the President branding by Connect our Chief a by and of and the double myself, our the launch stand, presentations to brand [ph], full our Dan Our the Integrator. Electronics, XXX upstairs Garmin people for moved our then a Forza app all
resulted Boating is News, Daves event Magazine, Boat few, and the milestones screamandfly.com, some which River including press, including a many The Industry, Place, to Soundings great IBI in articles International name trade-only, that on podcast can BoatTrader.com and named a recently, will circulating was but they Apple we found be be a podcast and Spotify. Shipshape and an I did links, interview there the on
will Marine, our we of order these revenue $XX the company. Again XXX placed of United XXX order manufacturing, OneWater our electric confident initial generate over boat largest XXX dealer F-XX boats that approximately should in States in the an units distributing this XXXX. with boat locations for boats. has And initial we in QX begin feel million for
to of financial and then the open to some going I'm Q&A. highlights up it So for move
million June [ph] production as XXXX, was has So our of purchase cash approximately the prototypes, cash for company salary the of XX, million end expenses, $X the of burn all This boat cash inventory equivalent and our units. $X and quarter. included of and million $XX,XXX
open I will for So Q&A. now up