Correct, but the main customer here is Andy Zhang and his various subsidiary companies (though he still seems to be mostly using AZ Global).
He refused to pay his debt to BUB and now has the debt collectors after him.
That is the risk AHF has taken here. Hence why it is prudent to compare the actual cash inflows between the different periods.
However, let's go with your method and say they have booked $1.595M in sales for Q3 2025. Receipts from customers for the same quarter last year were $1.506M, and that is excluding any sales that were not yet paid for at that point. Where does the 28% increase come from?
Correct, but the main customer here is Andy Zhang and his...
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