Q4 2021 Take-awaysPositive: Revenue was strong. $212K revenue is the highest since Q3 2019. Gross profit highest it has been in over 2 years. Cost of revenue considerably lower in Q4 compared to Q1-Q3. Top line growth should be the primary focus of this company while controlling spend. Siascopy revenues highest they have been since 2019, with mention that much of that was service rev and not hardware rev.
Negative: There are many...cash is a major concern moving forward. CEO and CFO resigned in Q1 2022.
This company needs to be transparent moving forward. Set realistic short and long terms goals and how the company is going to achieve those goals. Then update investors on how you are progressing toward those goals. Each news release can tie back into the goals previously set. Fundamental stuff really.