Cash and cash equivalentsIf you add the cash and the receivables for Q1, you get cash and cash equivalents of $25,623,352. Approximately 9.9 million in receivables is high and they need to do a better job in collecting and putting money sooner before the quarter ends for presentation purposes. Also, I don't know why they would put a decrease of marketable securities of loss 1.257 million when they haven't been sold and should not be deducted against net income in my opinion. If you exclude this net income would be $2,610,538. Just my thoughts.
For those who might wonder what are trade receivables-Trade receivables are defined as the amount owed to a business by its customers following the sale of goods or services on credit.