Optex Systems Holdings Inc. (OPXS)

[littlefish]

Ya given the backlog numbers. But like last year, GMs came in light in Q4 for whatever reason and below what I was looking for (much like last year). The ramp up is definitely continuing and head count was up a bit so there may have been a little less efficiency on the shop floor with that too. Plus first article type stuff may have played a part with recent wins, maybe a combo of all the above.Those kinds of things tend to have bigger impacts on small companies but I'm just throwing possibilities out there.

They still don't have AMPV going much yet looks like. Was hoping for milestone C declaration in November but guess it may have been pushed out a bit further.

All IMO only.
Hope all is well, looks like a big lump of coal in my family's stocking this year unfortunately. Good luck.