As much as I want this to work out for AMBS, this
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Posted On: 02/12/2020 12:15:05 PM
As much as I want this to work out for AMBS, this is just not true.
They had $73,209 in revenue for the three months ending 6/30/19 and only $62,567 for the three months ending 9/30/19.
I would say they clearly have paltry revenues, declining revenues.
What is growing are their net losses. The paltry revenue is meaningless because they are not profitable. With net losses, they can't fund a thing.
Quote:
"They clearly have revenues, growing revenues ..."
They had $73,209 in revenue for the three months ending 6/30/19 and only $62,567 for the three months ending 9/30/19.
I would say they clearly have paltry revenues, declining revenues.
What is growing are their net losses. The paltry revenue is meaningless because they are not profitable. With net losses, they can't fund a thing.
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