Replies to post #67 on Xtant Medical Holdings Inc (XTNT)

[jboatswain]

From the recent 10-Q

Sales and marketing: 11.2M
General and Admin: 3.8M
Gross Profit: 16M

EBITDA approx: 1M from the last Q.

That explains where it is going.

Unless the company can increase gross profit without an increase in sales and marketing, I don't see a way out.