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Re: mick post# 247

Monday, 08/17/2020 10:38:34 AM

Monday, August 17, 2020 10:38:34 AM

Post# of 346
As a result of the record revenues, improved gross margins, and overall cost control efforts, the Company reported a record $2.4 million in EBITDA during the second quarter of 2020, as compared to negative $1.0 million in EBITDA for the same period in 2019. This represents a major financial accomplishment for the Company, as it is the first EBITDA positive quarter in the Company’s history.