5. Why was inventory converted to Fixed assets for $3.2M during the quarter. How was this reflected in body of Statement of Cash Flows? Explain the entire transaction, and how it has an affect on earnings per share, cash flow and inventory turns. Was this discussed with the Auditors, since it was during an interim unaudited period?
they are diluting shareholders even without a secondary offering. i love how the CEO claims on the conf call that they are very cash conservative when he's issuing shares in lieu of cash each quarter. when DOE ends, the cash burn will spike and losses will accelerate.
You must be a shorting this stock for a while because good news or bad news all I hear you is talk #$%$ about this stock. lol yes it is true that once DOE ends they will get hurt really bad but that time isn't now and if they can improve their revenue by pulling out their new fast dc chargers and charge service fees and advertisements on the chargers then they are going to make some good money