Financials are encouraging !!These statements are a great improvement in the last six months as the company transitions from development / startup to active sales. There is a $2.1 million improvement in total assets and a $1.4 million reduction in liabilities for an improvement of $3.5 million overall. One thing we need to keep our eye on is that a heavy portion of the loss is "share based compensation" . For a company that is not yet profitable, it seems high, and a very substantial increase over the same period last year. I do note significant reductions in wages and benefits, but nowhere near enough to offset the increase in share based compensation. In fact, of the $4.2 million quarterly loss, $2.8 million is accounted for as share based compensation. There is no discussion of either executive compensation and how that is determined and who on the board oversees that, nor is there an outline of who has received shares or warrants as compensation. While it is valuable to have senior executives and board members have significant holdings of the company's stock, if it is out of proportion to salary based on performance metrics it may encourage an innappropriate focus on driving short term gains in share price at the expense of focusing on the company's core function.