Gross Profit: $1.5 million Operating Expenses: 6 Million
A. Gross Margin is terrible here!
B. Even if the margin made a MASSIVE 180 turn and became healthy, then they'd still have big league losses when their operating expenses are 75% of their revenue!
C. And revenue is declining when looking at the latest Quarter & comparing it to the same 3 months of 2016. By over 1.75 million down!
D. Would of actually made money if they would of just shut down and not have operations expense&COGS last Quarter.