PHUNWARE, INC.

Climate Impact & Sustainability Data (2018, 2020, 2021, 2022-09-30)

Business Combination with Stellar Acquisition III Inc. and a change in the Company’s independent registered public accounting firm.

additional audit procedures required by our independent registered public accounting firm related to our business combination and accounting for digital asset transactions

The Company expects it will be able to file its Annual Report on Form 10-K on or before the fifteenth calendar day following prescribed due date.

Significant macro-economic uncertainty, including supply-chain disruptions, COVID-related lockdowns and inflationary pressures.
Weakened economic conditions may have an adverse impact on our business and results of operations.
Inflationary pressures and supply chain disruptions could impact the price at which we acquire components required in the assembly of Lyte computer systems.
Increased inflation may result in decreased demand for our products and services, increases in our operating costs (including our labor costs), reduced liquidity and limits on our ability to access credit or otherwise raise capital.

Management believes it has sufficient cash on hand for at least one year following the filing date of this Quarterly Report on Form 10-Q.
May sell digital asset holdings for cash to fund ongoing operations.
May seek additional equity or debt financings, or issue securities subject to the effective registration statement.