TSXV:RHT.H - Post by User
Comment by
lscfaon Mar 02, 2022 11:40am
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Post# 34475176
RE:RE:RE:RE:RE:Q Results
RE:RE:RE:RE:RE:Q Results Also, May explain why there are returns. Some patients probably discontinuing use of hardware before 12 month payment plan ends.
lscfa wrote: Lisa clarified that hardware Is being sold on 12 month payment plans thus the large accounts receivable buildup. So why record the entire hardware sale now instead of over 12 months? Any forensic accountants out there?
Humanist wrote: hey iscfa , did you happen to listen to the webinar, if so, did you learn anything new positive or negative ? thx
lscfa wrote: $4.6 million revenue for C2021, a $6.4 million miss due to delayed device sales. On Nov 30 co. imcreased C2022 revenue estimate by $8 million to $40 million. So only $1.6 million increase for all the new contracts announced in 2021? WTH?