RE:RE:Added a bit more Here is my take on the quarter. First I'd like to say that the company is being valued mostly for its software side of the business. The hardware component of their business is low margin and makes up much less of its value. Software margins are $651,466 in Q3 2021 compared to $737,237 or a decline of 11.63%.
Software operating income declined to -$69,156 in Q3 2021 from $254,111 in Q3 2020. It looks like a significant increase in operating expenses from employee wages and benefits. Also there is a lot of work going on behind the scenes that should hopefully pay off in the coming quarters. I will pay close attention to the software margins and operating income in the coming quarters. I think we have reached a critical inflection point in its evolution as a company. When all of these moving parts come together I am optimistic that we will see a much higher share price in the future.