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Wednesday, 05/15/2024 8:55:02 PM

Wednesday, May 15, 2024 8:55:02 PM

Post# of 7870
The only positive with this 10Q was that they used proper punctuation and grammar. The content was EXTREMELY DISAPPOINTING! They forecast profitability by 2Q report. Did they sandbag $10 million in revenues this quarter to be reported in second quarter? Just can’t understand the lack of restraint on R & D spending. They spent double the net revenue on R & D. Tough to become profitable when costs dwarf profits. Also WTF is going on with gross profit margin? Are they afraid to ask for better prices for their products/services? When you have a proprietary product you shouldn’t need to pick s-it with the chickens.

Wish I was more positive. Apologies
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