Net sales more than doubled year-over-year, driving a return to profitability with $990,000 in net income and a gross margin of 45%. Backlog increased 28% to $23.34 million, while bookings declined due to order timing. Major customers and government contracts remain key revenue drivers.Original doc…
Net sales more than doubled year-over-year, driving a return to profitability with $990,000 in net income and a gross margin of 45%. Backlog increased 28% to $23.34 million, while bookings declined due to order timing. Major customers and government contracts remain key revenue drivers.
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