I believe the numbers posted are real. Not good, but real. In fact, they're not as good as was expected if you go by this statement from SOFLO before the acquisition.
In 2023, SOFLO reported revenues of $2.3 million, with anticipated growth projected for 2024
Unless the 4th quarter revs are outstanding, they won't match 2023's revs.
Their balance sheet? Let's just say no one is looking at that as a reason to buy GRLF. The reasons to buy originally have long since passed.
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