"Fourth, R&D has a backlog of approximately $36 million reflecting awarded projects across varied scientific disciplines. But fortunately, continuing government budget pressures coupled with the Department of Homeland Security, operating under a continuing resolution, has resulted in variability and a lack of predictability in the funding of approved projects. We are managing R&D as considerately as possible reflective of this reality. We are hopeful that this situation will improve over the next several quarters, as the funding on approved projects is appropriated. If realized, this should stand a decline in R&D revenues."
"In addition we have invested approximately $400,000 in cutting and processing equipments as over in anticipation of substantial demand for one of our synthetic crystal lines. And we’ll likely double this investment in next six months. We expect to complete our equipment purchases, installation and lead some improvements in the current quarter, along with negotiations with this customer. The potential revenue for this product is significant."
"We expect to end the year with excess of $1 million in quick revenue and a backlog in excess of $500,000. Prior year revenue was negligible for this product. Quick crystals are now being used in both handheld and pager sized radiation detectors produced by thermal friction. We expect the Quick revenue to continue to grow over next several years as additional OEM customers consider it and engineer it into future products."
I very much doubt it will be another 2 quarters before big jump in price. Dysl has 3 or more possibilities for Xcede, it's just finding out what is best for the company and shareholders. The Xcede news can come any day from now on. This news will cause a big jump in PPS. This deal will ramp up Q results as well. This in together with sales ramping up... A PPS of 1.3 is just ridiculous at this point. We should at least be around 3 dollar right now. I'm adding if i have some cash free. glta
The research backlog for the Contracts Research segment has increased approximately $8 million from December 31, 2014 to $36 million at March 31, 2015 of which approximately $10 million is currently funded and in the process of being fulfilled.
Waiting for the call now. Gn
well i find it very strange. Normally Dysl brings out Q results pre market. Looks like it will be after market today. I got my info from a very trustful source. Q results followed by a call today.