VirTra Inc (VTSI)

[GregginAZ]

Ruff:

I was not shocked by the results. Historically VTSI has always suffered from lumpiness for the reasons often described on this board. Until product lines, markets and sales approaches are expanded this lumpiness will continue. The good news is that VTSI recognizes this and I am buoyed by public mention of growth through acquisitions. To me this speaks to new markets or new products, both of which will grow VTSI in a good way. As to overall profitability - I expected a large jump in SG&A associated with the move to become an SEC registered company and NASDAQ listed. The move is expensive but are only one-time expenses. I expect in the next quarter the SG&A will revert closer to normal levels and the bottom line will reflect this. Now before everyone jumps on me - I am NOT saying there are not continuing costs with being a NASDAQ public company - what I am saying is the extra-ordinary registration and listing costs are one time expenses.