According to their last 10q, they had $260k in gross profit for their 3rd quarter reporting in 2015.
And then with the current JV w/YKTG and contracts totalling more than $10million for 2016 (All verified in filings), I wouldn't exactly say they are "broke".
With the DD on the company and CEO, I this company is a unique diamond in the rough coming out of the trips.