Tuesday, August 09, 2016 5:55:03 PM
The deal with Mirus
The new agreement announced in December
The new large accounting firm
Increased insider ownership
Michael F. Adams 1,539,934 (3)
(3) Includes 950,000 shares of common stock, which may be purchased within 60 days of July 15, 2016 upon the exercise of stock options
Carroll Khristine L 270,309 (1)
( 1) Shares acquired through open market purchases
First time mention of an "expanded customer base."
The multi year trend toward profitability
Revenues -
2012 $1.86 million
2013 $2.19 million
2014 $2.63 million
2015 $2.57 million
2016 $3.18 million
Gross profit
2012 $969 thousand
2013 $1.38 million
2014 $1.62 million
2015 $1.65 million
2016 $2.10 million
SG&A expenses
2012 $1.84 million
2013 $1.61 million
2014 $1.43 million
2015 $1.22 million
2016 $1.38 million
Profit (loss) from operations
2012 ($1,496,000)
2013 ($671,000)
2014 ($207,000)
2015 $68,000
2016 $404,000
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