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Thursday, 03/27/2014 4:08:03 PM

Thursday, March 27, 2014 4:08:03 PM

Post# of 81574
Fourth Quarter 2013 Highlights

Revenue was $7.3 million, an increase of 189% from the prior-year period.
Gross profit increased $1.2 million, or 261%, to $1.7 million compared with the fourth quarter of 2012.
Net income improved significantly to $0.7 million compared with net loss of $0.2 million in the fourth quarter 2012.
2013 Highlights

Record revenue of $14.6 million, increased $6.2 million, or 75%, from 2012.
Gross profit more than doubled to $3.6 million, or 24.7% of sales, from $1.8 million, or 21.4% of sales, in 2013.
Net income was $0.7 million compared with a net loss of $0.6 million in 2012.