They "reported" $1000 as earnings. Who believes that is a real number besides you? A lemonade stand could earn more.
Though it is not a number to be proud of, undoubtedly it is a low and even number that was deliberate.
No, positive earnings from the company are not there, but the next time around will be interesting. It's all accounting tricks. There is a reason why, and the next report might show why.