Jim Liberman's questions to NANX leadership • Q3 2024
Question
Inquired about the company's ability to expand its product offerings to a broader, lower-cost mass-market segment and asked about the availability and use of tax loss carryforwards (NOLs) to offset recent profits.
Answer
Executives explained they already serve the 'masstige' market ($15-$20/unit) but remain selective to prioritize high-margin growth. They confirmed the company has a large NOL and expects to use it to mitigate future tax liabilities, although usage is subject to some temporary state-level restrictions.