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Re: Bed Bath & Beyonce post# 45174

Friday, 06/30/2017 4:09:35 PM

Friday, June 30, 2017 4:09:35 PM

Post# of 107737

Where did these numbers come from? Quote: There's a reason the vision prospective MYDX investors see isn't good -- $85k in revenue, a 10:1 cost of revenue ratio and $6.6m in debt is what keeps people away from investing in this company.

How's that $1,700,000 MYDX China deal coming along? Oh yeah, that's gone. POOF!


Actual numbers:
- $85k revenue, with 178k in Q1 orders filled in Q2
- Gross Margin (Cost of Goods Sold margin/ratio) = 60.4%
- $79k in total debt
- $1.7m was not cash (obviously). Tied up in the derivative liability on the balance sheet

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