SANDNES, Norway, May 23, 2024 /PRNewswire/ -- Desert Control AS (DSRT) announces its first-quarter report and interim financial results for the fiscal period ending 31 March 2024. Desert Control is off to a strong start in 2024. The company delivered its first larger-scale commercial deployment for Limoneira Company in Yuma, Arizona, executed a significant first-phase contract in the Middle East through its partner, Mawarid, and made solid progress developing and adapting its technology to expand markets, increase environmental benefits, and reduce the cost of goods sold. Financial Highlights The company closes Q1-24 with a positive cash balance of NOK 105.1 Million and has no interest-bearing debt.First Quarter 2024[first quarter 2023 in brackets]• Revenue NOK 1.3M [NOK 1,9M]• EBITDA NOK -14.7M [NOK -23.4M]• Net Income NOK -7,8 [NOK -19.3M]