kollsman royalties.
Since my math is so sketchy, please help me with this. Also, please keep in mind that changing from EVS to EVS II will change the quantity of sales (up) and cost per unit (down). Nevertheless...
Most recent Q shows Kollsman royalties of nearly 14K. So the forward 12 months could show 14X4 = 56K.
Therefore from the 10Q...
" Based upon current sales, the advance royalties will be fully paid (currently 62% has been paid) by the end of 2006. This will cause our net income to jump by a factor of 2.67 on the same number of sales in 2007."
So 56K multiplied by 2.67 is $149,000.
Fed Ex will add to this.
B