Co. update Steep decline in Q4 margin or was Q1,Q2, Q3 margins overstated?
| | Devices | | | |
| Qtr ending | Deployed | Revenue | Gross Profit | Margin |
| | | | | |
| Q4 22 (est) | 420 | 1,208,861 | 132,052 | 10.9% |
| Q3 22 | 166 | 572,228 | 215,961 | 37.7% |
| Q2 22 | 53 | 176,175 | 56,874 | 32.3% |
| Q1 22 | 53 | 42,736 | 15,113 | 35.4% |
| | | 2,000,000 | 420,000 | 21.0% |