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Re: Krazy K post# 207309

Saturday, 12/15/2012 7:49:07 PM

Saturday, December 15, 2012 7:49:07 PM

Post# of 312102
"How much of that 2.9 mil are one time equipment expenses?"

Virtually none.
The $2.9M in operating expenses are represented by Selling, General and Administrative expenses and depreciation of fixed assets for the quarter.

The 10Q provides a very broad description of the S,G&A components:
"Selling, general and administrative expenses consist primarily of personnel-related costs, legal costs, accounting costs and other professional, regulatory and administrative costs."


More importantly, the calculation of operational cash flow is not nearly as simple as this suggests:
"CFP = $3 million in revenue as compared to $2.9 million in expenses. That would be CFP for Q1 of 2013."
The latest Cash Flow statement is on page 5 of http://www.sec.gov/Archives/edgar/data/1381105/000121390012005970/f10q0912_jbi.htm

But can it core A apple?
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