Transition to subscription-based licensing is still going on. Costs are being reduced. Partnerships are going to increase sales going forward. I think I heard Zack say they have a new partnership with Wipro - but I have big difficulty with his accent...will need to wait for the transcript.
I think Q3 is still going to be soft and show a small loss, however by the sounds of it Q4 is going to be profitable. Revenues from the subscription licensing will be kicking in during Q3 and Q4. It also sounds that a good size contract should be announced soon.
Call was very quick because nobody dialed in to ask any questions.
Bottom line - hang tight for another 6 months. I think that 2014 will be very exciting as increased sales and profitability really ramp up.
tx for update. methinks down b4 up. even q4 if profitable may lag last q4 of 0.16 EPS. they should do well in 2014 as comparisons with 2013 should be easy. i keep thinking someday this will be a big winner - hopefully in my lifetime.