| "...Our revenues totaled $7.9 million during the six months ended October 31, 2014, an increase of 41.9% as compared with the same period in 2013, while our gross margin increased to 17.9% from 13.5%. Our total operating expenses in the six months ended October 31, 2014 decreased by approximately $204,000 or 8.6% compared to the same period in 2013, primarily due to a decrease of approximately $295,000, or 16.4% in general and administrative expense, and offset by an increase of approximately $91,000 or 16.1% in selling expense. Our net loss for the six months ended October 31, 2014 was approximately $779,000, compared to $1,543,000 in the same period in 2013.." |
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