VirTra Inc (VTSI)

[sharpchicity]

I'm not going to comment on LE revenues because I don't know how to project that. Contract wins don't seem to have anything outsized from what i see, but i also don't know if this is all of their wins

https://www.usaspending.gov/keyword_search/Virtra

As far as military contracts, I need to reread that last few transcripts still, but I believe, if we recognize revenue only upon delivery of goods, it's unlikely that we see outsized/significant revenue in Q2 from the military. For context, government fiscal year ends Sept 30 and budgets are usually spent down in their Q4, Virtra's Q3. So I would imagine Q4 will be when we see significant revenue.

That said, I think we should notice cost increases in Q3 as a precursor to recognizing revenue in Q4. Similarly in Q2 to a lesser extent i believe. So I guess that's what i'll be on the lookout for.

If VirTra is going to win military contracts for at least recoil kits and the opportunity is as big as Bob claims it to be, then I don't really care about Q2 revenues. 2022 revenues will make up for any "miss" in 2Q21.