If the following is true that explains the stock being down there is no profit yet but it is getting better.
"Financial Results for the First Quarter Ended March 31, 2016
Total net revenue for the first quarter of 2016 was $710,000, compared to $658,000 reported for the same period last year, which was an increase of about 8%. More importantly, net revenue for the period included $687,000 of product sales, compared to $533,000 for the three months ended March 31, 2015, representing a healthy increase of $154,000, or approximately 29%. The increase in product sales is a result of the Company’s expanded sales channels, growing acceptance of its product offerings, and increased recognition of the EnerPlex brand. Revenue from government research and development contracts decreased by $101,000 during the three months ended March 31, 2016 to $23,000.
Net product sales for the quarter reflected the typical seasonality of the consumer electronics industry, as well as the seasonality specific to the Company’s solar related products, where the first quarter has historically been the slowest. Nevertheless, net loss for the quarter totaled $10.5 million, which is a significant improvement of approximately 41% compared to a net loss of $17.8 million reported for the same period last year. This was due to a combination of increasing revenue, improved operational efficiencies, and significant reduction of non-cash interest expenses as a result of the senior secured note restructuring exercise that was announced in September and October of 2015. Going forward, the Company expects the operating expenses to remain relatively flat while the Company continues to increase revenue growth."
