RE:2ND Q Results and ThoughtsInsightful1 wrote: On the large expense side of the release, I dug a little deeper and two items that need addressing 1) the platform build is a one-time cost of some $371,000 which will produce millions of dollars of revenue for the foreseeable future and a ridiculous accounting item which is the option pricing model. This is the Black Scholes model that is very inaccurate for pricing with smallcap companies because of the volatility premium assigned to shares that have experienced large price fluctuation. This is a theoretical number and does not in any way affect cash flow or real operational revenue. But it represented almost 1 million dollars.
It may not effect cash reserves, but it does takes a hit to the company valuation. 1M in options expenses, and 370k in development expenses.. hmm... seems a little rich to me.