Hasy1
4 months ago
$AIRI From the earnings report: "Cash flow from operating activities reached $4,862,000 in 2023." Also from the earnings report: "Interest expense 1,920,000." In other words, except for capital expenses--of which Melluzzo said their will be zero or near it in 2024--they were cash flow positive to the tune of almost $3 million in 2023.
So maybe they can get through 2024 and beyond without having to dilute by selling stock.
I'm really stoked! Gonna keep buying.