Interest expense over $600k and the two largest lenders, IBEX and St. John's, are foregoing interest.
If/when revenues increase, IBEX and St. John's are going to start charging interest again.
Is TripTrey shouting about the $81,265 Income from Operations? I don't know because I stopped reading his crap. LOL the Total General and Administrative Expenses for the entire year were $352,082. My expenses for the year are higher than that. I guess I should be selling stock.
$156,485 is the total amount they paid for salaries, rent, insurance, utilities.... FOR THE ENTIRE YEAR. Is there anyone there except Kelly? Anyone? How could there be?
Granted, the financial situation is pre-Electrome. Next year we'll see how much of the Electrome hype comes true, but probably not before. Of note: CICD Shenzhen has still not registered with the FDA again to ship the product to the USA, based on this site which gets updated every Monday (search for product code PQY):
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