Q4 Revs $4.372mil USD
Q4 Loss $5.589mil USD
Cash 09/30 $668k USD
P.O. currently in hand $13mil
Claims MOU's will still have large effect on 2017 revs and growth
1 Customer in UK responsible for doubtful acct/credit loss. Financial difficulty. Still hope to ship if solution is found but for now they are booking it as a loss. Was for components, not modules.
only 1 analyst questioning - Carter Driscoll
Still suggesting (and hoping) they can fund operations with cashflow.
A lot of inventory builtup waiting for shipment.
Hearing big demand for their dropin forklift Li-on module. Currently being testing 24/7 intensely