RE:Q1 won't be profitable but close to make evenAt $1.5M revenue and a 75% GM (I doubt they'll get that high in FQ1), they'd need to have corporate expenses of $1.125M or less to break even. If you exclude stock based compensation, I still think they'll come up short. Of course, if they're being ultra conservative with the revenue estimate, it might be possible.
Having said that, FQ1 is just an early transitional period, so I won't be paying that much attention to it. The real numbers should start rolling in for FQ2 and later quarters.
My bottom line is I'm just looking for progress. I don't really care if they meet any specific target for FQ1.
mingzhu wrote: if revenue is $1.5m as CEO mentioned. The key is Q2. i estimate it will be $4-4.5 revenue. It will have $1.8m EBITDA, 0.01 share.