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Comment by metaphor

$150,000...restated, 0.014% of cash and cash equivalents on balance sheet[1], or 0.004%/0.738% of 23Q2 revenue/profit[2], respectively.

I really doubt $150k is anywhere near sufficient to cover just the FCC's administrative costs on this one case alone. Megacaps are laughing all the way to the bank if this is all they're demanding a barely midcap company dish out, so to speak.

[1] https://www.sec.gov/Archives/edgar/data/1001082/000155837023...

[2] https://www.sec.gov/Archives/edgar/data/1001082/000155837023...

parent metaphor 3 years ago

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