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  "documentTitle": "Axon Enterprise (formerly TASER) (AAXN)",
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      "kind": "callout",
      "text": "Axon 2016 10-K: \"Specifically, during the year ended December 31, 2016, we identified material weaknesses in our internal controls over revenue recognition...\"",
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      "text": "Total receivables have ballooned 456% in the same period that revenues have grown 99%. This suggests that Axon has booked revenues, generally associated with the weapon (and body cam), in advance of its ability to collect on these sales in a timely fashion.",
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      "text": "Specifically, during the year ended December 31, 2016, we identified material weaknesses in our internal controls over revenue recognition, cost of goods sold and services delivered and the reporting of deferred revenue. — Axon 2016 10-K",
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      "text": "Source: Axon financials. 1. Per the Q2'16 10-Q...",
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