RE:RE:blnI have no idea if either of you have listened to the conference call.
With $30 Million in cash and $15 million line of credit that gives a margin of safety while they lessen the cash burn. I do have a note that they say they have enough cash to get to break even but as one of the analyst reports say the margins for error are smaller than then they would be if the the world was not screwd up.. Q4 costs are expected to be less than Q2 ( I got the impression Q3 would be like Q2). Overall top line growth and lower costs are predicted.
We live in a world where it's hard to get stuff (tampons and sriacha sauce being the latest shortage) and some of the what the company is facing falls into supply chain worries. The new product launch being delayed is one of those things and a higher normal level of inventory is another of those things. Manufacturers lived in a just in time world ; now it's a don't let your customers down world. Supposedly the need to reengineer existing products has taken some resources away from the product launch. Also what's the point of launching a product if you can't supply the product?
Large industry conference in Q4.
In other points , margins are according to a TD question supposed to go back to 30% somewhere in Q4 or Q1.
A focus of many of the analyst questions was pricing increases which are planned ; evidently its' been 5 years for hardware.