You longs get a low grade for your discussion of the loan restrictions. Once you get that discussion going, we'll be turning to the cash burn followed by the monthly loan payments and the floating interest rate discussions. Don't show up without having done your homework! Now remember this is your discussion, not mine.
Earnings report, what earnings? To start look for the cost of revenue on the income statement, make sure you're sitting down. Just skip the SG&A expenses and R&D expense because you already know they are likely swamping top line revenue anyway.
Any pop to the $3+teens and the shorts climb back aboard, this company has soooo far to go just to break even, it's just a pipe dream.
One Senior V.P. has already packed and gone, while earnings reports are catalysts for further soul searching by individual senior management and the embattled senior management team to save cash on a shriveled up company. Competent managers loathe the legacy of participation in a dying entity, it's looks bad on the resume.