And, "We acquire a majority of our products from manufacturers and distributors located in Taiwan and China. We do not have any long-term contracts or exclusive agreements with our foreign suppliers that would ensure our ability to acquire the types and quantities of products we desire at acceptable prices and in a timely manner or that would allow us to rely on customary indemnification protection with respect to any third-party claims similar to some of our U.S. suppliers."
What are the one-time expenses that aren't recurring?
These expenses are investments to re platform the company's website and a warehouse move in Las Vegas.
There's a large nuance to the story not included in the above -- https://www.bamsec.com/filing/121465924016231?cik=1378950
Wow I totally missed this activist. Thanks for pointing it out.
And, "We acquire a majority of our products from manufacturers and distributors located in Taiwan and China. We do not have any long-term contracts or exclusive agreements with our foreign suppliers that would ensure our ability to acquire the types and quantities of products we desire at acceptable prices and in a timely manner or that would allow us to rely on customary indemnification protection with respect to any third-party claims similar to some of our U.S. suppliers."