BOXL. I've sorta been watching..heres the rub though.
off the earnings call July 9th..not time yet but worth watching..poor mans CHGG.
Down big today.
We also expect to raise additional debt or equity capital this year to reduce our payables, increase our inventory levels and provide a working capital buffer. The combination of our reduced operating budget, run rate sales forecast and plans for additional investment will position us for a significant financial improvement, including plans to operate on a cash flow positive basis and be financially self-sufficient.
We continue to commit to a diversified product mix and improving gross profit margins. During 2019, over 50% of our sales were from interactive flat panels. We expect 2020 to show a double-digit dollar improvement in sales from other product categories, including classroom accessories such as our MimioClarity distributed audio system, software solutions with a focus on recurring subscription revenues, STEM education solutions with training and standards-based content and professional services.