RE:The latest quarter was NOT negative, imoI'm not apocalyptic about the company, but cautious for more info.
However, another interesting thing was of their expenses, numerically R&D took the biggest was cut of $422,000. Sales and marketing was 3rd biggest cut $142,000. Share compensation is a small amount, but declined by 50%.
So with R&D cut and things like Admin costs lowered they may have gotten what they needed setup and with the Sales&Marketing cut they may be turning focusing on specific existing clients ie. Boeing. They just need to grab more orders to maintain their book and continue executing on existing orders.
Those cuts appear to have bumped up their earnings.