You gotta spend money to make money...
All companies in some way or another increase there spend or show it on paper to reduce tax!
Furthermore..we've had a huge qtr, relocation costs, lots of travels, flights, accommodation etc. etc..
Once the team all settle with momentum this will be managed much better, at the moment we are in Business Development Phase and rubbing shoulders with Tier 1 Enterprise partners (you dont want to look cheap when dealing with the likes of Intel and Microsoft)
- I'll take a guess and say, the team has been confident in such spending based on visibility of our pipeline
I've seen worse papers with mining companies that apparently dig holes!!!
Looking forward to the revenue margin from Codium next qtr also
You gotta spend money to make money... All companies in some way...
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