RE:cash increased by over 2.5 million in one quarter. Cash increased by that much because receivables went down by 2.2 million. Receivables went down because sales have gone down from Q1. Whichever way you look at it, this was a huge disappointing quarter for where the stock price is today. Growth investors are going to compare financials to Q1 and any disappointments in growth stocks are hit hard, especially in microcaps.
Lets see what the market things tomorrow.