The only issues I can see that confront LTFD are the huge non-operating gains they took in Q2 and Q3 last year (Q3: 1.06MM, and Q2: 668k). That will mean difficult comps if investors don't back them out of results. Also, they were barely break-even for pretax through the first 9 mos last year, although they did have higher than usual legal fees.
The reduction in legal fees is a huge factor in their operating improvements for 2006, but won't last beyond this year. I'll be interested to see what kind of rev growth they had in Q1 and what they might expect for FY06.
BTW - they have very detailed PRs, but why not just post the full income statement with earnings? Minor pet peeve....I wish there were standards of earnings PR details, and OTC:BB stocks are the worst offenders of this.