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The company conducted expanded assessments of customer shipments at certain of its locations for revenue cut-off; analyzed certain long-term sales contracts; analyzed pending litigation matters; analyzed leasehold improvements for proper classification and amortization; analyzed inventory reserves, including obsolete and slow moving inventory calculations and estimates; assessed non-U. Including the reserve for obsolete and slow moving inventory of $1,862,766, gross margins for the fourth quarter of fiscal 2001 were (0. Joyce Wickham, president and chief executive officer, commented that the 1998 net loss was the result of a decrease in sales to the company's major OEM accounts, a delay in the sale of medical products, caused by a supply issue that the company believes has been resolved, and significant investment by the company in the development, marketing and manufacturing start-up of its medical laser systems as well as a write off of obsolete and slow moving inventory. |
Obsolete and Slow Moving Inventory |
obsolescence obsolescence Obsolescence Management Obsolescence Management Obsolescence Management Obsolescence Management Obsolescence Management Information System Obsolescence of Fixed Capital obsolescences obsolescences obsolescences obsolescences obsolescences obsolescent obsolescent obsolescent obsolescent obsolescent obsolescently obsolescently obsolesces obsolesces obsolescing obsolescing obsolete obsolete obsolete obsolete obsolete obsolete Obsolete and Slow Moving Inventory Obsolete Computer MuseumObsolete Computer Museum Helpline Obsolete Hardware Interface Obsolete Inventories Obsolete Inventory Obsolete or Redundant Acronym Obsolete Property Rehabilitation Act of 2000 Obsolete Property Rehabilitation District Obsolete Russian units of measurement Obsolete Russian units of measurement Obsolete, Inactive and Excess obsoleted obsoleted obsoleted obsoletely obsoletely obsoletely obsoleteness obsoleteness obsoleteness obsoletes obsoletes obsoletes Obsoletes All Previous Editions obsoleting obsoleting obsoleting obsoletism obsoletism obsoletism | |||||
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