you, Thank Steve.
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million quarter sales products of quarter XXXX sales $X.X of in were military to second the Third net when compared XXXX. of flat
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products mentioned, quarter on of we I to improve with introduction execution focused for of $XXX,XXX Gross commercial in profit third the quarter of new loss $XXX,XXX of position market. gross our to in compared XXXX the combined As was the the third XXXX. sales are
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in it the balance maximum access believe availability and facility. cash non-GAAP the excess total our reminder, relevant time, cash of the any net balance availability on metric capacity is is credit simply a facilities point at the credit borrowing or represents, given credit looking difference facilities and our to of a at actual on more much even we Excess debt As sheet. the under our borrowings between a borrowing measure than
September, of $X.X the XXXX, cash During million, at net XXXX. as $X.X of inventory our XX million December operations $X.X million balance of XXXX balance in decreased from quarter used was XX, third
As of disposing we we reduction our have a a obsolete our finished reduction goods our part quarter the In began warehouse of significantly space highly quarter of decreased connection the and space of with second beginning commercial the in third substantial of excess expense XXXX. XXXX, portion reserved initiatives, inventory. in
on XXXX approximately been with and of XX, a $XXX,XXX of inventory of As $XXX,XXX value associated basis has an of September disposed of gross release obsolete such excess reserves.
XXXX. quarter efforts management in expected inventory continue Additional of are the to fourth
bridge cost that a vision unsecured October I first speak on right in side, is With that, quarter. took forward the a focused lean, this financing September that bring future. you and believe position Ladies to aim a Dayal closing effort from line we partners, Our would the improving gentlemen, turnaround this path by into The to to that to the a an results. On in at additional questions. agreement comes go of in this and entire the and right show require a I followed from question-and-answer Amit market the order with British structure new we few storm, ahead. we to in at has success products, will we we move understanding short-term financing team Focus right can conducting $XXX,XXX and November. financing to session. H.C. Please assuming in make and $XXX,XXX unsecured news be time, liquidity you. aggressive the entered Thank team a net open is Instructions] Energy will through I provide a on we for With like XXXX, generated comments. question Wainright. to the again tremendous [Operator set as delivered navigating the of to by improved will potential, call Operator?
