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jour_trader

02/23/23 11:51 AM

#378291 RE: kayak_wench #378288

Dip is from not being able to ship. Elite has to build up their own inventory starting April 1. Since we recognize revenue on a shipment basis, inventory build takes place first prior to being able to meet that demand. There will be a dip in revenue, especially since we know whatever we make in Q1 is being sold so there is little to no lag for profit splits to count on after the separation from Lannett.

HGilS

02/23/23 8:19 PM

#378312 RE: kayak_wench #378288

I think the quota applies to the USA not to international market.