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Posted On: 03/30/2018 3:38:20 PM
Post# of 82676
One giant red flag that people might be afraid of is that giant shift in Net Income YOY. But I would highlight the fact, the only reason SFOR had that $2,938,565 number in 2016 was because that's when the $9.75MM settlement payment was made.
Page 11 of the 2016 10-K said, "While we will most likely continue to post operating deficits, our year to date 2016 results show an overall net income, due to the award we received from the confidential settlement of our first major patent remediation litigation." So it's not like SFOR had a extraordinary downturn in net income. Just wanted to put that out there.
Page 11 of the 2016 10-K said, "While we will most likely continue to post operating deficits, our year to date 2016 results show an overall net income, due to the award we received from the confidential settlement of our first major patent remediation litigation." So it's not like SFOR had a extraordinary downturn in net income. Just wanted to put that out there.
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