| | | To what extent do you think CUTR's board is running things? Some boards are active, and some hope to collect more in fees and stock options than they spend in defending against lawsuits.
This got my attention, from the 10-K. I'm not sure to what extent you addressed it in your writeup, though you did mention the board turnover.
We have audited Cutera, Inc.’s (the “Company’s”) internal control over financial reporting as of December 31, 2022, based on criteria established in Internal Control – Integrated Framework (2013) issued by the Committee of Sponsoring Organizations of the Treadway Commission (the “COSO criteria”). In our opinion, the Company did not maintain, in all material respects, effective internal control over financial reporting as of December 31, 2022, based on the COSO criteria.
Verbiage like that generally makes me stop reading. Enrons are not cheap at any price. |
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