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Thursday, October 29, 2015 11:27:48 AM
You don't need to get into the weeds on anything except the comparative income statements and the cash flow statements. The difference between the first half of 2014 and 2015 is almost 100% FD. It's simple math. No addition needed. I hope you are comfortable with negative numbers.
As for the cash flow statements, just look at the cash from operations. That's your relevant number. There's some investment use of cash, but it isn't huge. This isn't a business with large capital assets. If cash from operations is minus a million, then it ether came from the company's bank account or they sold more stock.
It's not scare mongering. It's math.
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