Revenue rose to $2.9 million, up from $2.76 million. That came as software revenue fell to $358,974, down from $874,999 in last year's corresponding period. The company cited marketing costs and "very competitive" pricing for the results. It also said that some sales expected to close during the first quarter slipped into the second and beyond. This is one of those times when a company might want to emulate NetSuite and talk about non-GAAP income. Operating expenses doubled because of $719,267 charged to share-based compensation, for which there was no entry a year earlier. If I did the math correctly and exclude that, the company would have had a small operating profit on a GAAP basis. Otherwise, this was one of the shortest 10-Qs on record for the company and its predecessor, Trey Resources, with a minimum of management discussion and not all the space that used to be devoted to the debt that it has retired.