And by the by, taking a $4.6 million depreciation hit, in ONE Q, is pretty harsh. Just sayin'!
That was a deliberate move by management to dodge taxes otherwise due. Since management insiders get paid first since they hold preferred, dividend paying shares, they really do not care at all about the unwashed, non-voting common stock shareholders...
gimmie was right, they are self serving! XATA seems to be <ahem> legally cooking their books to further their own self interests.