Good to see that the gross margin for the latest quarter is 67% - an improvement over 32% as reported for the entire fiscal year. For those of you who know more about the company's history than me, is this based on contracts with Foxconn in regards to pilot build pricing vs production volume pricing? I'm trying to understand if the gross margin figures are likely to continue at a 60-70% rate. Certainly this will be a function of revenue/sales mix across their different operations, but a GM this high is great. With continued growth in sales (as I've seen discussions highlighting $80-120M for FY2015), fixed overheads as a % of costs will be absorbed even greater, improving net margin figures substantially.

Regards,
-kbulldog.