EXPENSES
Cost of product sales 2,091,999 2,577,267
Cost of revenues from product development
agreements 4,031,337 2,773,852
Product development and research 2,906,151 3,095,285
Patent defense 67,845 71,395
Patents 356,985 327,202
Operating, general and administrative 1,157,368 2,087,998
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TOTAL EXPENSES 10,611,685 10,932,999
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Thanks Don these figures are impressive but what do they mean on the ground..I have been following this thread for some time..and what I don't get a feel for is what one sees with their own eyes when one visits the head offices and subsidiaries?..How big is the space, how many employees roughly in each area and how much is expended on outside consultants and advisors. In one of the quotes the operation is described as a "Skunk Works" by the founder?..What is it really..on the ground..Perhaps you or others have been at the head office and various subsidiaries? What goes on there? |
