It will go back to below 2 IMO. Revenue, Gross margin, are down. Also, still posted a LOSS.
Net sales decreased 8.5% to $6,047,000 from $6,610,000;
* Gross margin was 37.6% compared to 39.9%;
* Net loss was $353,000, compared to net income of $11,000;
* Net loss per share was $.08 compared to a breakeven 2008 first
quarter;
* Earnings before interest, taxes, depreciation and amortization,
and stock based compensation (EBITDA, as adjusted) was a loss of
$49,000 ($.01 loss per share) compared to income of $382,000
($.08 per diluted share);
* Backlog at March 31, 2009 was $14.3 million, down 9.5% from
$15.8 million at December 31, 2008 and up 4.4% from $13.7 million
at March 31, 2008.