NexTech3D AI Corp (NEXCF)

[scoobey-do]

I want to see the 80% GM forecast on Revenue, per Evan Gappelberg's news releases. I see a gross profit margin % to revenue of 51.35% for the 3 months ended March 31, 2024, compared to an average % of 41.03% for 2023, which is good.

Evan spun off two profit centers but still has a lot of operating expenses to cover. He needs a higher gross margin on the remaining revenue to make up for the lower revenue left after the two spin-offs and income from the investment in the spin-off investments.

I also see that share-based compensation was $449,409 for the three months that ended March 31, 2024, compared to an average of $443,924 for 2023. The three-month % of revenue for share-based compensation was 43.86% compared to an average of 35.28% for 2023. Maybe an executive or two should have been transferred with the spin-offs? IMO