Mar. 19 at 1:55 PM
$AIRE revenue was reported at
$4.5M for the full year, but operating expenses totaled
$18.5M — including
$6.5M in wages,
$5.9M in marketing, and
$3.3M in legal fees. The company spends
$4 for every
$1 it earns. Net loss was
$17.6M on
$4.5M revenue — losses are nearly 4x revenue…