$510,000 in legal fees/accruals: Bad. Real bad.
Salary and wage expense: $3,869,945 in Q3 vs. $1,597,410 in Q2 (+$2,272,535, or 142%).
Really nothing to say about this, other than: Are. You. Kidding. Me?
The legal accruals could be related to patents of all the new products and art.
Does any of that take iinto account Bluher leaving as well as hring 2 other new execs?? I could think that may be inflated in that respect.... just thinking outloud
The number is so vast that you are probably on the right tract - it's almost HAS to be related to Bluher. If that's the case, while it is yet another damaging one-off in a seeming endless supply of damaging one-offs.....it is just a one-off!!!!!