Yes operating loss is $ 8 mil in the third quater of 2013 and the rest is misterious write downs
Accumulated deficit $4.3mil > $25.3mil (loss $8mil + write down $ 13.5 = total deficit increase $21mil)
Asset decreased from $24.5mil to $11mil (-13.5mil) breakdown of write downs: fixed asset -3.1 mil Inventory -3.5 mil Intangible and others -5.0 mil
This assumes the figures AVT provided are correct. The figures actually differs from one document to another for the same period. But this should reflect the big picture.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.