Aug. 21 at 1:03 AM
$AXIM
10-Q said Q2 revenue fell off a cliff.
How long has it been since Verséa Ophthalmics LinkedIn page shared a post about a new #TPOCTITAN customer?
These results are a total disaster.
Only 1000 tests were sold in Q2.
Cut/paste
During the quarter ending March 31, 2024 4,550 in tests were shipped at
$10 per test resulting in revenue recognition of
$45,500 and during the quarter ended June 30, 2024 1,000 tests were shipped resulting in 10,000 revenue recognition; leaving a carrying value of
$136,500. There was a verbal agreement to reduce the selling price of the tests from
$12- to
$10-
https://www.otcmarkets.com/filing/html?id=17772267&guid=EvO-ke82wLxnB3h