Six months to a year is big. $600k revenue growth Q over Q. Contract revenue should start to spike but will hurt margins some.
So they probably need around $4m a Q to turn profit at these cost levels. I am looking at last half of calendar year as being a good barometer as to whether they are on track to being nice little profitable company.
Since financing took place in the $4.5 range, one would hope that is where they are at soon.
The loss of contract manufacturing was what killed PPS. They hinted strongly they replaced it with a larger contract in the end.
I bought at these PPS levels in anticipation 2015 will show growth.