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CDTi Advanced Materials, Inc., a leader in advanced catalyst technology, reported its financial results for the year ended December 31, 2023. The company focused on clean energy solutions, strengthening collaborations, and expanding product offerings. Despite lower revenue in the fuel borne catalyst segment, CDTi remains optimistic about long-term growth. The company signed agreements, completed engineering orders, and expanded into new markets, positioning itself for further growth. Financially, total revenue was $8.6 million, with a 35% gross margin. Operating income was $115 thousand, with $1.3 million in cash on hand at the end of 2023.
