Carbonxt Group Limited (ASX: CG1) (the “Company” or “Carbonxt”) has announced its December quarterly updates highlighting significant progress in the construction of its flagship Activated Carbon production facility in Kentucky, USA. The Company is now focusing on commissioning activities and near-term sales. Customer receipts for the quarter were A$3.3 million, with a 28% decrease from the prior quarter and down 16% from the same quarter a year ago due to timing differences in orders from the largest Pellet Customer, resulting in a material cash inflow during the September quarter. Cash flow from operations was a loss of A$0.3 million. This quarter reflects higher gross margins than the previous quarter. Also, the operating cost was reduced, product pricing increased across the portfolio and inventory levels reduced