Comment by bcantrill
15 hours ago
Well, in this case it was actually literally paying our taxes. (In the photo, Steve is about to initiate a wire to the IRS.) At our size, it's not a check -- and certainly not a credit card.
As to why we're paying taxes: while tax minimization is certainly a thing (and we have taken advantage of things like R&D tax credits), we're paying taxes because we're profitable.
>we're paying taxes because we're profitable.
I guess the question is why not invest those profits to further expand when there are already a backlog of orders to fill.
But on the other hand Huge Congrats being a profitable company! Hardware business is insanely brutal, and having the backlog is great to hear. AMD being investor I hope you guys get Zen 6c and Zen 7c earlier in the future.
Hah, well, I stand corrected. And also, huge congratulations on profitability!
Can I just say how unfathomably based you guys are re:
"Compensation Everyone at Oxide makes $275,000 USD, regardless of location."
As someone who has applied less than 6 weeks ago, this is great news. I can't wait to hear back!