Compared to last year 4th quarter they lost $20.8 mill from operations versus $6.4 mill from operations. Add back amortization of intangibles (kind of fair) and they broke even and last year 4th quarter had pre-tax oeprating profit of around $13 million. Once you weave through the BS, you see that next year's guaidance after adjsuting for weird taxes and amortization of intangibles is a pre-tax operating loss of around $5 million versus 22 million los this year and a profit the year before.
They pay people with stock instead of cash. That doesn't make them profitable. And the stock compensation has been more expensive than listed.
I understand they hype behind these stocks. Just making an observation. Quarter was no great shakes. I love this pro-forma stuff though. We don't count $500 million we give a way in stock. Funny stuff.