Creative Medical Technology Holdings Inc (CELZ)

[uvaphd]

Based on the revenue (gross and net) reported in the most recent 10-Q, using the known $1,600 per kit retail price, I was able to deduce that 6 kits were used during the quarter (possibly all by Dr. Gershman since the entire process was barely commercial at all during the Jan-March period), with gross revenue being $9,600 and net being $7,200–the 6 kits costing $2,400 (or $400 apiece) to produce. If correct, this would indicate a 300% profit margin on the kits.