The positive operating cash flow promotion by the company is a bit cute when $1.1 million of costs have been capitalised onto the balance sheet. This moves $1.1 million out of the operating cash flow and makes it look positive. When the operating and non-operating cash flow are added together, a total cash outflow of $0.44 million is the real cash result for the company.
The inventory has never been below $3.6 million and this amount should probably be discounted from the current assets from a liquidity point of view.
DTI Price at posting:
2.4¢ Sentiment: Sell Disclosure: Not Held
