Elite Pharmaceuticals Inc (ELTP)

[jour_trader]

Dude, it’s all plain as day in the 10-Q.

Look at notes 4 & 14 related to Mikah co-development profit split. The difference between quarters is about $750K that Elite owes Mikah for Q1’s profit split.

Compare the $750K to the manufacturing fees line in the P&L. We don’t have specifics for Adderall, but we know the bulk of our rev is from Adderall.

$18.5M vs $750K. Tell me which is bigger. You can do that math.

The rest is just accounting - taking out the COGS, SG&A, R&D, interest, etc.