 Fit To Win, high ROI Capex and innovative marketing are reducing cash burn equaling 19 of H2 2022 and 26 of 2023 product sales, delivering positive cash flow in 2023. Barra Bonita changes everything. Mfg. efficiencies and 30-60 lower COGS swings Amyris Ingredients margins from negative to positive 20-50, producing faster and more profitable Ingredient growth than we expected. 