Q1 2023 is the second highest earnings yet per Q Although there was a slight decline in revenues from Q4 2022 to Q1 2023, it was still the highest earnings on a quarterly basis besides Q4 2022.
Profit on COGS was over 200k for Q1 2023.
Profit on COGS for all 2022 was 512k
In Q1 2023 the company generated nearly half of the profits as all last year.
Loss per share is the lowest it's ever been - 0.002
Net loss is the lowest it's ever been for a quarter 294k
G&A expenses are the lowest since I can remember, just over 700k.
Investors should look pass the minor decline in rev from the previous quarter and acknowledge the plethora of other positives.