Gross Profit Q1 to Q2 increases 3 fold, 21.8% to 65.4%Just highlighting some positives i don't think that the average investor is considering.
If you took the stock options out of the expenses TILT would have had a net income of 1.7 million, gross profit was 25.5 million last quarter.
Not bad for a less than 1 yr old company
Also cash positive after Q2 of 4.5 million, and we are cash positive every month of 10 million with the Gross profit of 65.4% based on revenue of 15 million. So that's 30 million in cash to pay the actual expenses of 22 million a quarter based on last quarter, so still cash positive of 8 million after next quarter, should have 12.5 million in cash at the end of the quarter.
Someone mentioned burning through cash..........i just don't see it, do your own DD.