IntelGenx Technologies Corp (IGXT): Forfivo Revenue - I tried to go back and...

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IntelGenx Technologies Corp (IGXT)

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Tuesday, 03/11/2014 12:58:30 PM

Tuesday, March 11, 2014 12:58:30 PM

Forfivo Revenue - I tried to go back and calculate just the royalty revenue on Forfivo for the 4 quarters in 2013. Here is what I get (This is from the 10Q for Q1 thru Q3 and then I had to calculate just the revenue from Q4 as there isn't a 3 month total)

1Q13 - $80K
2Q13 - $14K
3Q13 - $28K
4Q13 - $49K

So it has increased more than 75% each of the last 2 quarters......but it is only slightly more than half of what it was in 1Q13.

Anyone have thoughts on this? We all knew sales weren't that good, but did anyone realize how much they dropped off?

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