Comment by
mrmoribund on Sep 23, 2022 12:33pm
You could surely find a more useful comparable than Rekor. Have you looked at their Q2 numbers? Revenue of $4.3 million against operating expenses of $17.2 million. Net loss of $15.3 million. Only $14.0 million in cash at Q2 end. Quarterhill should be studying it to see if any of the parts might be bought out of the inevitable bankruptcy.
Comment by
cabbieJBJ on Sep 23, 2022 2:14pm
Good point mrmoribund. With 4 REKR press releases this week, none with significant revenue attached, I smell the REKR death rattle. Remember weegee's recommended tradeearlier this week: sell Quarterhill and buy Rekor/VirnetX.