Not so fast my friend, profit came from sale of field services, not from current ops($1 mil loss). They decided to recognize this revenue in Q1 of 2013 instead of Q4 of 2012. Its a one-time thing and a strategy to try and build momentum.
Debt is down however which is good and should help with interest cost. If they can turn a profit in current ops, then a corner will be turned.
Basically saw some good news, some bad news in the report. Interesting to see where they go from here but I would say Hold right now.