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Technology Stocks : ATCO -- Breakthrough in Sound Reproduction -- Ignore unavailable to you. Want to Upgrade?

To: Savant who wrote (1597)	8/3/2005 9:22:41 PM
From: Savant	Respond to of 2062

So, will this current quarter (June-Sept) be the first to show a profit? Using the Dec, 04 numbers as a comparator, it looks possible. Since they cut back significantly on R&D, and some on S,G,&A, they might actually break even or show a small profit. This assumes that they meet or exceed their 4 million or better projection for the quarter and the margins remain comparable. The operating P/L was only a negative $575,000 and the cutback in R&D staff, alone, might have eliminated that loss. But, first things first, the 3rd Qtr report should be out shortly, and we'll see what they have to say about that and also the future, if anything. Only two months until the end of this current quarter and fiscal year, which is already a revenue record year for ATCO. For the three months ended December 31, --------------- 2004 Revenues: ------ ------ Product sales $4,347 Contract and license 62 ------ ------ Total revenues 4,409 Cost of revenues 1,528 ------ ------ Gross profit 2,881 ------ ------ Operating expenses: S, G, & A 1,995 Research and dev 1,461 ------ ------ Total operating exp 3,456 ------ ------ Loss from operations (575) ------ ------ Other income (expense): Interest income (expense) (2) Unrealized loss on changes in value of warrant liability (950) ------ ------ Total other income (exp) (952) ------ ------ Net loss (1,527) Dividend requirements on convertible preferred stock 278 ------ ------ Net loss available to common stockholders $(1,805) ------ ------ Net loss per share of common stock -- basic and diluted $(0.09)