veronikakolejak

Definitely. The reasoning is that it's common for Operating expenses to increase significantly ahead of an IPO.

Most of the additional 2018 loss is attributable to the major increases in General & administrative and stock-based compensation expenses. The interesting thing is that net loss in the first half of 2019 is 13% higher than in the first half of 2018 but revenue increased by 48%, judging from the filing's data https://wallmine.com/doc/edgar/0001477333/000119312519222176...

Disclaimer: working on wallmine's filings product

They explain the huge changes in Operating Expenses here: https://wallmine.com/doc/edgar/0001477333/000119312519222176... It doesn't go into much detail but breaks them down nicely. Disclaimer: I added the next two highlights too

We built https://wallmine.com/portfolios that can import a Google Finance CSV. The stock search/screener can filter stocks listed on US, Canadian, and international exchanges. Happy to hear your thoughts.

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Nice work.