VirTra Inc (VTSI)

[fishhunter]

Yes, that is certainly true. It would have been worse for them to have spent all the cash and not gotten the loans (longer term debt). Some leverage is a good thing. And these days having available cash is a good thing.

That said, the point I was trying to make is that VirTra always seems to do things backward. They spend money on infrastructure and projects in the hope that it leads to more revenue. What they should be doing instead is running the company with a sense of urgency and fear, they should go out and get the revenue first and then spend on necessary infrastructure. Run the company like you own it, not like you are a manager running it for a distant owner.