The Solo Stove and Chubbies parent reiterated its going concern warning in reporting another difficult quarter, with net loss attributable to shareholders expanding to $12,192,000 in Q1 from a loss of $3,374,000 on 9% lower revenues of $77,252,000 against $85,324,000. The bottom line was impacted by $5.8 million in restructuring, contract termination, and impairment charges and an interest bill that grew 79% to $5.6 million. Solo pulled $277.3 million from its revolver in Q1 to shore up cash while it restructures, but after reclassifying outstanding borrowings as current, it will now ... Log in to view full article.