Update on 0.9.4
Friday September 7th, 2001
We asked Asa for a quick status on 0.9.4's status, which was for release this weekend, and here's what he had to say:
#116 Re: Re: Re: Re: Re: who are you?
Thursday September 13th, 2001 12:01 PM
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Companies often reports conditional profitability based on, for instance, ignoring "one-time non-repeatable expenses." There are SEC standards for accounting in annual and quarterly reports. These standards were created in order to eliminate ambiguity and number-fudging, and to give investors a reasonable standard for evaluation. Under the SEC standards of accounting, Red Hat is not profitable. Its statements indicate that it does expect to become profitable this year, though. If it achieves that goal, we can then look at how much Mozilla contributed compared to how much it cost, though some degree of guesswork would be involved.