The 10K that went online is a tough read. The changes in capital structure (more shares outstanding due to conversion of debt to equity with Frost, subsequent private placement) and the smaller staff, make interperiod comparisons very tough. That said, it appears that the heavy bleeding of the past is at least somewhat diminished, and the news post suggests a breakeven fourth quarter. That is certainly a good sign.
I would appreciate other interpretations. Best to all,