apologies if this has already been mentioned in the thread however can someone clarify the potential tariff impacts that they highlighted in the q&a? I recall they said worse case scenario was with manufacturing in canada at 25% import tax, would increase costs by $10-$15 and I think they said they would absorb the increase. The net outcome was they said it would be immaterial. Did I hear the above correctly? I'm assuming they're referencing usd.
So if my math is correct, costs would increase to approx USD$60/unit. The sell price was approx usd$800. Do I have that right? Margin obviously very high. Please correct these numbers as I'm sure they're a little off.
Ann: Botanix $40 Million Capital Raising for Sofdra Rollout, page-92
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