4 ms·
Arguably a lot of that R&D should be capitalized and not be on the I/S. Investments like that shouldn’t impact net income. I’m more concerned with G&A going up
by formercoder 7y ago
Arguably a lot of that R&D should be capitalized and not be on the I/S. Investments like that shouldn’t impact net income. I’m more concerned with G&A going up 500%.
- carl_island 7y agoThey are claiming the work needed to become IPO ready (accounting, legal, etc) spiked G&A. I see that a good a chunk of that was 1 time consulting but most was from additional staff.