American Scientific Resources (ASFX)

[makeamint2]

net sales is sales after returns and promotional discounts

cogs is the cost to make, package and deliver to the factory floor, ready to ship. includes parts, labor, packaging, apportioned overhead such as energy, insurance and rent expenditures.

Their cost on the therms is 12.50 (their number, not mine)they sell them for 19.50 (again their #) their margins are poor to begin with. Their 1st qtr margins may be the result of blow out pricing to get cash in the door. If the therm starts popping up at clearance websites or highly discounted, that's likely the case.