RE:financials looking goodVery good results. Note these items:
"As previously disclosed, we have made significant progress in this fiscal year, achieving record revenues this quarter," stated CEO Eric Eyerman. "While this quarter stands as one of our strongest yet, I am excited about the ongoing growth opportunities. We are in the process of evaluating several options to facilitate the expansion of our manufacturing capacity, which would be desirable if demand for our services continues to increase. I look forward to updating everyone on our future progress."
In addition, Cal Nano is in the process of identifying potential new sites for its production and headquarters. The Company recognizes the potential need for a larger space to accommodate recent equipment purchases and potentially larger-sized SPS systems to meet the increasing customer demands. If secured, this new space is expected to house all the existing equipment, including the recently purchased used cryomill, along with another recently acquired piece of equipment that will enable the latest in 3D material printing using SPS technology.