Genius Brands International Inc (GNUS)

[rickn23]

Yeah, I had expected revenue to be between $1-2 million. Accounts Receivables was at $3.9 million at the end of Q3. I thought some of that would convert to revenue in Q4. I had assumed there would be more SKUs in Q4 and/or more in Q1 2020, allowing GNUS to convert advances to revenue.

Edit
Last year, I thought there was a chance all $3.9 million might convert to revenue, but, with the lack of a lot of new products, I lowered my expectations.