CryoPort Inc (CYRX)

[discipline]

C-Port. I don't see any ramp up. Yes, fixed assets went from $189,000 to $613,000, an increase of $424,000. But inventory went from $530,000 to zero. To me this just represents a re-classification, i.e. the bean-counters decided to change the account in which the containers went in. In fact I see a decrease in containers based on this. Granted the fixed asset also includes a subtraction for depreciation, which appears to be around $62,000 (both depreciation and amortization per statement of cash flows). I don't see a ramp-up. Tell me where I'm wrong. Unless the entire inventory of $530,000 was obsolete and written off. Another Peter "where am I?" Berry mis-calculation.