"The only answer I can think of is that product got shipped but hasn't been invoiced yet..."
That would have to be the reason I am also thinking
I meant receipts down 42% on previous quarter not sales down 42%
six month receipts were $9,155K
this quarters receipts 3391
so 9155- 3391 = 5764 previous quarter
5764/3391 = 58% of previous quarter so guess that is down 42%
"Alexium was able to increase the number of pounds sold over last quarter and generate over $800K in sales to new customers during the quarter. "
So then there must have been a big drop in receipts from existing customers ?
Ann: Appendix 4C - quarterly, page-21
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