Sphere 3D Corp (ANY)

[donkschmonk]

Little bit of mathematics:

"$160 mil. annual run rate by end of year", with 45 mil. annual OPEX (non-GAAP "annual benchmark" i.e. excluding depreciation etc) actually means that we are heading firmly into profitability by end of year:

$160 mil annualised revenue at 35% gross margin (they said they expect the margins to improve as product mix shifts, taking a modest 5% improvement from here as an assumption) = roughly $ 56 mil. annualised gross profit minus $45 million annualised OPEX "benchmark" clearly implies heading to or towards profitability by end of year!

For a company in this stage of just starting to commercialise new main product lines, that would be quite something!