Where are you getting 300k revenue? Did they release that number in the report?
I didn't see an official revenue anywhere in the articles I read, and from my own estimate (in no way official!) I'd expect revenues much lower, like $150k. If the bulbs are retailing at lowe's for $15 they are probably sold to distributors (including lowes) at a discount of around 50%. I bet they buy them for more like $5-7 a piece. But again, just me hypothesizing, hope the margin is better :)
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