Agreed financials are a snapshot in time. However they have great use in vetting a companies integrity and health. Certain items, particularly long lived assets and cash burn, need to be monitored. Notably the formulas are listed as an assett prior to the end of Q3 yet the Rooster, with great fanfare and during the pump, claims their purchase in Q4. Their cash burn is critical to monitor because of the potential need to sell large dilutive chunks of stock to raise cash or back up loans.
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