It was the 2015 - 2016 time period. Most before Tom even came on board. It didn't show much in that 2016 timing, but the important parts wre the subsequent issues. Tom released a lot more convertible debt than some of us wanted. That is not good. Bodes poor for more dilution in the future, when those debts convert. But, it also shows that Tom spent a LOT of money just recently, and it takes money to make money, so he IS doing some things to bring in those contracts he has mentioned.
Overall, not a good report. Nothing really good in it at all. But, it is old, the subsequent ones were somewhat expected, although not to those levels of new debt, and we are still on track to see contracts, revenues, and profits in the future. Which is more important than the past.
We all know that tom has done more in the past three months than the company did in the prior decade. therefore, they spent more too. The convertibles for early 2017 are in here, but the contracts are not, so it is biased that way. revenues and contracts won't get reported until the 2017 report comes out, but convertible debt must be, according to the SEC.
Bottom line. Not good report, but not as important as whether you believe in Tom or not. If you do, hold. If you do not, sell, but probably later in the day, not at the open, as it will probably dip on Monday at the open. My thoughts. :-)
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