“ Almost everyone on this board disagrees with you.”
No they don’t.
The $22k inventory line item is the strongest concrete evidence to date that Kraig Labs has transitioned from R&D to possessing commercially saleable product. It corroborates today’s pilot order announcement, validates the 2025 production cycles, and increases the probability that the company will recognize first revenue very soon.
And, even more exciting, the valuation is at production cost (mulberry, labor, energy, minor overhead) rather than market value!!
This should be good news for you. It means your philanthropy work here on this board just might not be needed anymore. Your selfless service looking out for us may have been pointless after all these years. This is the clearest accounting confirmation yet that physical, customer-ready spider silk now exists in quantity.
Once silk is shipped and title transfers, corresponding revenue and cost of goods sold can be booked, ending the company’s 15+ year zero-revenue streak.
If you decided to move on early I wouldn’t blame you!
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