It's been a little while, my recollection is that they were narrowly cash-flow profitable, but I don't recall at this point whether that included debt service,

It's been a little while, my recollection is that they were narrowly cash-flow profitable, but I don't recall at this point whether that included debt service, and this is before they took on a ton of debt to relocate the San Jose facility. I'm pretty sure if they can get rid of all of their debt, they would make a little bit of cash. But not enough to justify their billing as a start-up. The other looming issue is that a lot of the equipment at the Bay Area sites is, er, well-loved, and will need to be replaced over the next few years, which is a major capital expense. At the Redwood City shop, the laser cutters are all getting pretty run-down.