Some number crunchingusing YE2019 numbers
(in millions)
Revenue: $231100
Cost of Goods Sold: $161689 (31.8%)
Gross Profit: $75421
Operating Expenditure: $162537 - impairment charge reported ($58039)
Operating Loss: ($87116)
If we assume APHA reports $150M in revs in October and an increase in GP to 35% due to increased MJ sales. I would estimate the following
Revenue: $150000
Cost of Goods Sold: $97500
Gross Profit: $52500 (35%)
Operating Expense: $50000
Operating Profit: $2500
This is analysis just on operations . I am not considering any gains from non operating income or losses from an impairment charge in this Q.