K/S You are right,the quarterly tells us nothing.I'm no accountant but cash receipts in the 3rd quarter of $1.23mill compared to $0.955mill in the 4th quarter(even allowing for the loss of the royalties from Phillips..($250,000) just dont stack up for an 18% increase in sales.
Put me right guys or I'm putting on my parachute...
quarterly, page-16
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