Q1 With Q1 apparently being announced this week on or before the 15th, there's a few things I think are important.
1. Reduced costs
2019 was a buildout year with a lot of one time expenses. We won't see those again but we also need to see reduced salaries and reduced cost to produce per gram if we want to survive long term.
2. Debt payment ability
Ability to make debt payments this June and October. If they do get 12 million for Delta in the coming months that helps but from their latest financials it seems like they have 30 million overall to pay by October 2020. They will need to make some good liquidity and a good quick ratio.
3. Sales/planned supply agreements
They spent all that money building a huge production capacity. I hope to see it put to good use. I hope sales are over 15 million at the least.