RE:QTRH vs DentistSocrates to flesh out my be patient grasshopper comment earlier, you say, "...co not sharing progress" but it is incorrect to interpret that progress is not being made. Management advised at the last call that 2 or 3 of the projects are moving to completion by year end or early 2024.
To support this, if one does a little digging, they could discover that Colorado roadside is being tested and on its way to commissioning. The Colorado back office is near finished. The Ohio River Bridges back office award is near done and could be complete prior to TransCore completing the roadside portion which it is currently being tested and expected to be live prior to year end. This is all public information.
Soon ETC will be positioned to secure new business to replace the projects nearing the finish line.
The issue of profitability remains, although it has been guided "by year end." The first opportunity to see if there is progress on that front will be Q2 results, which should be in early August - my guess is the 10th.