Replies to Msg. #778989
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 Msg. #  Subject Posted by    Board    Date   
12459 Re: dilution
   The absence of discernable financing leads me to believe WAVX Q4 rev w...
tkc   ALEA   14 Jan 2013
8:02 PM
12386 Re: dilution
   I'm thinking $9 or even 10m. (I gave up on tenths as it's such a craps...
Cactus Flower   ALEA   05 Jan 2013
6:58 AM

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Re: dilution

By: tkc in ALEA
Thu, 03 Jan 13 10:52 PM
Msg. 12384 of 54959
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Wave likely still has a little time to obtain financing if they need it. Recall it was early in Q4 that they obtained the $3.3M. Q4 has frequently been a good Q for Wave. As of now I'm inclined to think Q4 rev is at least $8.5M. They lost $6.1M on $7M sales in Q3. I'm guessing they reduced head count / Op Ex by $500K. (for reference Op Ex Q4'11 through Q3'12 was 15.2, 14.9, 13.7, and 12.6 in Q3'12)

$8.5M in rev at 95% gross margins would yield ~$8.36 gross profit, less 12.1 Op Ex is a $3.74 loss. Big improvement! If they don't go for more financing in the next 2/3 weeks I'll speculate even greater Q4 sales.