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Re: blue_skies post# 341

Tuesday, 01/26/2021 12:08:27 PM

Tuesday, January 26, 2021 12:08:27 PM

Post# of 461
I do not feel the investment community is fully comprehending the size of the quarterly miss. The press release does not provide guidance for the size of the quarterly loss.

Lets play with figures. all dollars are in millions. The figures, such as cost of goods sold and total operating expenses come from the Q3 10Q
net sales $4
cost of goods sold.....$2.1
gross profit ..........$1.9
total operating expenses $3.5
Net loss $1.6

Assuming 40 million shares outstanding then the net loss/share .04 cents

BTW The last time net sales were this low was in the first half of 2018.

please correct if you find anything wrong


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