It has only 318 employees. But its Selling, general and administrative expenses varies from 37M to 54M each quarter. After deduction of litigation fee, it still should be higher than 37M. I cannot understand it. Does any one knows?
HWU; yes i sold ;thought that it will be dificult to get profitable for long time and the comp. needs more cash to keep going GLTA
The company had over $240 mil in Revenue. That is just over $8 per share. Company has already announced that they are cutting expenses by laying off some staff. New CEO hired this year who sits on 3-4 different company boards including Novo Nordisk which has over $12 Billion in annual Revenue. She has knowledge of the industry. They have issued quite a few Stock Options recently. Doesn't look like some company that is about to roll over. They may not profit on their own but I guess they can be bought out for cheap. Even Sold for $150 mil (which I doubt) that is still over $5 per share.
Sentiment: Strong Buy
Cash and cash equivalents totaled $64.5 million as of December 31, 2015, compared to $71.7 million as of September 30, 2015. Third- and fourth-quarter cash each reflect the $25.5 million reclassification into restricted cash as a result of the SVB loan default.
Sentiment: Strong Sell