The net loss, however, dropped to $201,000 from $860,000 in last year’s corresponding period. Software revenue dropped to slightly less than $2 million, down 55.7 percent from $4.4 million a year earlier. Edgewater is being acquired by Canadian, Alithya, with the new company taking that name, along with Edgewater’s status as a publicly traded company. The deal is expected to close in the current quarter and the company noted the impact. “Our ability to close project deals and generate service revenue has been impacted by the current status of the pending Arrangement Agreement with Alithya,” Edgewater said in its Form 10-Q for the period. All of the company’s operating income was from its ERP business—the Fullscope reselling operations. That fell to $2.1 million for the most recently ended quarter from $2.6 million. The ERP business had $13.3 million in revenue; in quarterly revenue and there was $12.2 million from its EPM side.