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Most of the additional 2018 loss is attributable to the major increases in General & administrative and stock-based compensation expenses. The interesting thin
by veronikakolejak 7y ago
Most of the additional 2018 loss is attributable to the major increases in General & administrative and stock-based compensation expenses.
The interesting thing is that net loss in the first half of 2019 is 13% higher than in the first half of 2018 but revenue increased by 48%, judging from the filing's data https://wallmine.com/doc/edgar/0001477333/000119312519222176/d735023ds1.htm?h=100290 https://wallmine.com/doc/edgar/0001477333/000119312519222176...
Disclaimer: working on wallmine's filings product
- MuffinFlavored 7y agoAs long as they lose money, they can grow revenue. When are they ever going to want to stop growing revenue? > stock-based compensation expenses that reads as "in order to retain employees and be competitive in the market"
- veronikakolejak 7y agoDefinitely. The reasoning is that it's common for Operating expenses to increase significantly ahead of an IPO.