Gross profit for Q2 2009 was $1.2 million or 65% of revenues, compared to $597,000 or 26% of revenues for the same period a year ago.
Operating expenses for Q2 2009 were $757,000, an increase of 10% from $688,000 in Q2 2008. Legal expenses and costs associated with holding the Company’s September shareholders meeting were primarily responsible for the increase.
Operating income for Q2 2009 was +$400,000 compared to an operating loss of $91,000 in the prior year’s Q2.
Revenues for the first six months of fiscal 2009 were $2.2 million, compared to $3.6 million for the same six months in fiscal 2008.
Gross profit for the first six months of fiscal 2009 was $1.3 million or 59% of revenues, compared to $844,000 or 23% of revenues for the same period a year ago.
Operating expenses for the first six months of fiscal 2009 were $1.4 million, basically unchanged from $1.4 million for the first six months of fiscal 2008