Income Minus Expenses = Profit?, page-15

In business you need to spend money to make money. Look at any industry and any company, looking at where they started from and expense vs revenue perspective to where they are now. What you will find is that every single company had significantly more expenses, often at times growing, than they do revenue. A great example is the mining industry, you need to do years worth of drilling, studies, mining leases, offtakes etc. before you can even turn over a single cent of revenue.

What you are suggesting is that CRO should cut spending in a key period where they need to in fact be increasing spend to grow.

I mean this in the politest of ways, I high suggest you take some business courses or read some business related books to garner a better understanding of how companies grow, prior to putting your hard earned cash into stocks.