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Gatekeeper Systems Inc V.GSI

Alternate Symbol(s):  GKPRF

Gatekeeper Systems Inc. is a Canada-based provider of intelligent video and data solutions designed to provide a safer transportation environment for children, passengers, and public safety personnel on multiple transportation modes. It uses artificial intelligence, video analytics, and mobile data collectors to inter-connect public transportation assets within a smart city ecosystem. Its platform-as-a-service business model is centered around wirelessly enabled mobile data collectors which forms the foundation of its data company evolution. It engineers, manufactures and distributes high-definition mobile video and data solutions for a range of markets including school districts, law enforcement, public transit authorities, as well as the United States military. Its video management and video analytics software may be used in mobile or desktop applications for managing video evidence of incidents. Its solutions include Purchek, Business Intelligence, CartControl and CartManager Ultra.


TSXV:GSI - Post by User

Comment by alemyreon Dec 30, 2023 9:18pm
123 Views
Post# 35805433

RE:RE:RE:Interview with Doug on Jan. 3

RE:RE:RE:Interview with Doug on Jan. 3Considering the bonus has been accrued as at Aug 31, 2023, it won't impact the P&L in Q1 2024 for sure. The bonus payable balance was not clearly disclosed on a separate line item on the balance sheet in Q3 2023, but it seems to have been in the AR and AP balances, which would explain in part the decrease in Q4, due to the reclass. The expense seems to have been recorded in 2021, following the restatement of the financial statements.

Long story short, accouting wise, it's impossible to impact the P&L in Q1 2024 for 1.12M. We should expect a pretty decent bottom line next quarter! 
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