Revenues recorded in Q3 2019 were generated primarily from:
Revenues recorded in 2019 were generated primarily from:
Otherwise the numbers don't ad up.
Reading the financial statements in Sedar confirms this:
PyroGenesis recorded revenue of $2,097,437 in the third quarter of 2019 (“Q3, 2019”), representing an increase of 91% compared with $1,097,726 recorded in the third quarter of 2018 (“Q3, 2018”). Revenue for the nine months of fiscal 2019 was $3,747,649 a decrease of 18% over revenue of $4,579,680 during the same period in 2018.
Revenues recorded in during the nine months of fiscal 2019 were generated primarily from:
(i) PUREVAPTM related sales of $328,733 (2018 - $2,249,859),
(ii) torch related sales of $1,932,353 (2018 - $Nil),
(iii) the development and support related to systems supplied to the U.S. Military for $500,946 (2018 - $825,151).