EBITDA in Q3 2007 was a positive $358,780, but note that they owe $7 milllion in the debenture deal this summer for which they have to pay $700,000 a year in interest on top of paying back the loan.

They'd better grow and grow quickly because that debt will be an albatross around the company's neck for the next few years.  In fact the inability to make the payments already may have been the reason for the covenant breach.  It would be nice if that was publicly disclosed.