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Message: Re: Q 1 expectation

Feb 06, 2023 12:19PM

Feb 06, 2023 03:31PM

Inventory at Sept 30 was $4.5m. Prepaid expenses was $3.9m at Sept. 30.

So, ability to hit the $10m should not be an issue.

The second shift hiring started in Nov/ Dec, so the volume incease from the hirings will impact Q2 and on.

I have 2 concerns.

1) Q1 is typically the slow quarter. In Q2 of '22, HD delayed delivery of their order, as their facility was not ready ($3m). Hopefully, out of a $30m backlog, 30% of the clients are ready to take delivery.

2) There hasn't been any sales announcements. LY, January, we had 2 big Amazon orders.


Feb 06, 2023 05:12PM
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