RE:The facts are as such
Backlog declined from $41.2 million in the first quarter to $35.3 million in the second. Backlog declined $5.9 million. Second quarter revenues were $5.8 million. Revenues consisted entirely of working off backlog. There were no new orders. Xebec reported Revenues of $44.5 million compared to $32.7 million last year. Backlog of $270.2 million at August 10, 2022 compared to $75.9 million last year. It increased from $123.8M in Q4 to 260.5 M in Q1 to 270.2 M in Q2 Backlog increased 146.4 M in two quarters.