Our $445M Series D | Oxide Computer Company
- In the spring, we hit a pretty wild milestone: Oxide paid income tax.
- And not because of some unusual transaction or one-time event, but because our ordinary operations (selling computers!) generated taxable income after accounting for the costs of components, manufacturing, salaries, and running the rest of the business.
- Of course, we each individually pay income tax every year; is it that surprising that a company is doing what we all do every spring?
Unverified
- In the spring, we hit a pretty wild milestone: Oxide paid income tax.
- And not because of some unusual transaction or one-time event, but because our ordinary operations (selling computers!) generated taxable income after accounting for the costs of components, manufacturing, salaries, and running the rest of the business.
- Of course, we each individually pay income tax every year; is it that surprising that a company is doing what we all do every spring?
Sources: Oxide