Couldn't say it better myself -- from CFON's latest SEC filing:
OUR BUSINESS MAY NOT BECOME PROFITABLE
During our three fiscal years ended February 28, 1998 and the nine
months ended November 30, 1998, we incurred significant losses. We expect to
continue to incur significant losses due to our expenditures for product
development and the commercialization of our products. The following table
summarizes our total revenues and net losses since March 1, 1995.
Year Ended February 2
-------------------------------------------- Nine Months Ended
1996 1997 1998 November 30, 1998
---------- ---------- ---------- -----------------
Total revenues $1,786,115 $2,042,878 $1,890,666 $1,346,776
Net loss $4,161,336 $3,008,224 $5,974,828 $2,975,756 |
