Only if they can collect, they actually had a operating loss of $602,000. The $750,000 in net gain includes equipment sales. Most of these items have gone into accounts receivables, which means very little cash flow. The key to any business is cash flow from operations and not one-time items. JMO
Of significance, the company had gas and oil sales last quarter.
During the quarter ended March 31, 2012, CAVU had a net operating gain totaled $750,590. All of the Company's revenues during this period were derived from the sales of the Company's gas and oil revenues and the sale of investment equipment and related services performed.