RE:Q1 numbers Accounting is almost a science and for an investor can make it a significant challenge to weed through. I'm hoping someone can enlighten on the two main parts of this financials release.
As FV stated a $7million quarter for a company only months into its life as a public company and just a little over a year old as an active entity is great. My question is on the liabilities side and the $3 million+ expense that is attributed to the act of SCRN becoming public and the costs of listing on an exchange. My assumption is that this is a "one of" and therefore would have no impact on Q2 2021. Is that a fair assumption? If so Q2 would see the company in a net profit situation, yes (presuming revenue is at the least, maintained)?
Interesting (and exciting) days ahead.
GLTE!!!