Very nice. But I'm still going to sit back for a while and see what happens. This Q, with only $2.5 million in revenue and a negative gross profit isn't good news.
And the key word for the backlog is "uncommitted".
Yes, they had a non-cash expense for vesting options, but that was only $700k of a $2.6 million loss. Revenues for 6 months were down over a year ago, but at least gross profit was up.
They've got 2 big problems to solve - having gross profit return to a positive number (a net loss is bad enough, but when it costs you more to produce a product or service than you get in revenue, that's pretty much a disaster) and getting enough revenue (and gross profit) to cover the large overhead, which appears to be about $1.5 million/quarter now.
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