I think you're kidding yourself.
Though I like the optimism.
Revenues have no cost of revenues or any other costs applied against them. Unless you have some optimistic definition that I'd like to hear.
Since we are comparing the same quarter last year, let's see how that went.
$1.1M in revenues, good. Gross profit after removing cost of revenue -- click buying? -- $389,000.
Sweet, still profitable!
Yikes, legal bill of $185,000. Guess this is for all those lawsuits without merit. That's half the profit. Hopefully this expense isn't increasing. Oh wait, legal bills were $353,000, so that is getting out of control. All these cases without merit are getting pricy! Moving on.
$204,000 remaining.
General&Admin expense: $1,041,172
That sounds like a lot. Hopefully they are improving on this. Oh wait, the Admins were taking $1,752,000 last quarter alone. Sounds like that expense is getting out of control. But let's move on.
So, in the end, last year's quarter not good, $800K in the red, and that's before considering all the other expenses; it'll only get more depressing.
So what about this has you excited again?
