VirTra Inc (VTSI)

[fishhunter]

My opinion is VirTra and every other company have great flexibility with what they report as backlog. In other words they can always find a legally valid reason why something should be included or not included.

Even with revenue recognition companies that are aggressive have tons of flexibility with respect to what and when certain dollars are reported. Oh sure, there are accounting audits BUT guess who pays the accounting firm.

I worked for 2 public companies and I assure you games are played every quarter.