Lamperd Less Lethal Inc (LLLI)

[be_real]

You said, "Increased sales seems to show increased loses "

I'm saying, no it does not, imho, according to this:

Year Ended December 31, 2015
Total Revenue 46,327
Total Cost of Goods 46,377
Gross Profit $ (51)

Basically, COGS was same as Revs for 2015.


Year Ended December 31, 2016
Total Revenue 85,942
Total Cost of Goods 71,028
Gross Profit $ 14,914

COGS was 82.65% of Revs for 2016. At that rate (if that rate stayed at that level with increased manufacturing), they needed to have total annual Revs of approx. $463,000 in order to break even.

They're a LONG WAY from that. But you see my clear mathematical point.