It's not uncommon for venture - backed startups to operate in the red for years while pumping investor money into revenue growth. (recode.net)
The company's financial statements might show that, despite its growth potential, it is operating in the red because of a prohibition on income recognition for financial reporting purposes. (nreionline.com)
The law's survival is a top priority for the lobbyists employed by PRI, as the company is one of two such firms operating in the red in New York. (timesunion.com)