RE:RE:RE:RE:Fair Value - Supreme I can answer the last point - Supreme's operating cash flow hit break-even in the most recent quarter. They spent about $300k in productivity enhancements (investing activities) and about $2.3m in finance charges, a portion of which is debt paydown (financing activities), therefore total cash flow was approximately negative $2.6m, this was offset by money raised through their ATM program, which has now been paused.
As for the net loss, $2.3m was associated to the finance charges, and the rest was one-time accounting charges. Because the majority of it was one-time accounting charges (non-cash expenses), I am guessing that management did not feel it was the most important number to focus on, instead opting for adjusted-EBITDA, which is very common nowadays.
Hope that helps.
Hedgetrimmer wrote: I've only read the news release in Stockwatch on the Q report. Don't get me wrong, I like FIRE over the competition but one thing bothered me about the report. In it all the financials categories are explained but nothing about the net income loss. Unless I missed something, I worry about transparency and feel Shareholders are owed at least a mention of it, but I'm not a financial report analyst. Maybe someone can also explain why when there's a net income loss that the cash on hand stays pretty much the same as last Q. I feel the categories are unrelated but clarification would be appreciated. Thanks and GLTA