Energy Finders Inc (EGYF)

[Microlytics]

That's a good point. However I'll raise you a scenario I'm in every year.

Depending on how much inventory my hypothetical business reports our assets and tax liabilities can change drastically. When you are starting out and using grant monies to subsidize your costs via partnerships, why would you report anything more than you need to until you are making revenue? There's only negative implications to do so.

It's not far from the reason why Amazon doesn't pay taxes. It's smart business within reason is what I've learned.