Meanwhile, over at the swamp, the stinky creatures
Post# of 7790
The following Q1 fin'l info is from you and 'The Pro'. Always appreciated, thx.
This is the highest Margin (78%) I can remember ever seeing. $360k in Sales plus the Cost of Goods $79k = a Gross Profit of $281k.
Net loss went down 87.57%. (hugely positive metric, imo)
Biel made all the payments required of them, no defaults.
Q1 2022 Financials has $191k in 'Deferred Revenue' and Accounts Receivable of $297,248.00. << $191,000 + 297,000 = $488,000 >>
Assuming (ass-u-me, I get it, duh!) all that amount of $488,000 is recorded in Q2, have we started Q2 w/ almost a half a million over and above what is recorded in the Q2 ???
It's hard to not be optimistic looking at the above. Very much looking forward to Q2.
all the best, WBeacham