3 ms·
I don't know if you're using the accounting terminology correctly here. Their GAAP costs are higher than revenue, but a very large percentage of that is compens
by sulam 10y ago
I don't know if you're using the accounting terminology correctly here. Their GAAP costs are higher than revenue, but a very large percentage of that is compensation, and almost all of that compensation is stock grants. If the stock were to go to zero, the company would immediately be profitable, even if everything else stays the same.