Avid Bioservices Inc (CDMO)

[Carboat]

Total revenues dropped to $5,609,000 compared to $9,671,000 for the same quarter of the last fiscal year

So much for Avid growth. If you want to be a real mfg. company this will never fly. They didn't miss by a little.

allowed total costs to fall to $16,691,000, compared to $23,425,000

So this is their lean, no trials running burn rate? Are you kidding me? Avid will need some mighty big numbers to consume that.