Solid Q for sure in regards to company health!
Anyone know why general and admin expenses went up 1.8 mill vs previous qtr? States it was head count, and increase cost of financial, tax or other regulatory compliance!!!!!
I don’t think we hired that many people this Q to have an impact on that 1.8 million, so of the other options what would we have spent it on????
Uplist prep? M&A ?
Sure seems like a 75% increase here from previous Q is huge amount of $ to spend…..
Thoughts?
Overall ELTP is strong and moving right along… also notice we went from 2 suppliers to 3, and also from 2 account receivable companies who owed us to 3…
In general still very happy for us all!!!!
Stay Slippery, people will try to shake your shares loose but don’t let them! The 10q is full of great info for company, gross profit for first 2 q was 54% vs 44% for 2024… don’t let people scare you with that, add back in this mystery 3.2 million and what would it have been???
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