So do the $3.2m in solargram receivables need to be axed?It sounds like Solargram is basically defunct is they aren't even selling product. So probably that's $3.2m in receivables that need to be wiped off the books. And hard to see how they will make any revenue in the future with this toxic relationship with Solargram. And with $26k in cash, how the hell will they even continue as a going concern?
Though interestingly even if you took the solargram receivables and assets off the books, they'd be trading at book value.