Question-and-Answer Session
Operator
(Operator Instructions) Our first question comes from [Jeffrey Scott – Scott Asset Management].
[Jeffrey Scott – Scott Asset Management]
SG&A was down a bit from the prior quarter, is that true reduction or was that a reversal of some accruals in the prior period?
Gary L. Larson
It wasn’t a dramatic reduction from year-to-year so it was basically –
[Jeffrey Scott – Scott Asset Management]
Not year-to-year but it was $2.1 in the prior quarter and $1.8 this quarter.
Gary L. Larson
Okay. I think what we saw in the prior quarter is we saw some additional expenses accrued that were not recurring this quarter. The level that we’re at is probably a more realistic level.
[Jeffrey Scott – Scott Asset Management]
You said that there was an order booked for a MAX, at one point somebody in the defense industry was looking at buying a ABTS, was the MAX order in lieu of that ABTS order?
Rhea J. Posedel
No, this was always a MAX order.
[Jeffrey Scott – Scott Asset Management]
Did anything happen with the ABTS?
Rhea J. Posedel
I can’t remember which one we were talking about when I mentioned it to you but, I don’t believe we lost any ABTS business.
[Jeffrey Scott – Scott Asset Management]
Did you book any new ABTS orders?
Rhea J. Posedel
We did. We announced a new ABTS order along with our press release. We sold a high powered version of our ABTS system to a European embedded RF manufacturer. That was a major accomplishment. It’s a new product and a new customer for us.
[Jeffrey Scott – Scott Asset Management]
What’s the reaction been from the ABTS in Taiwan?
Rhea J. Posedel
So far it’s been good. We announced that we had received an order from [IST], a logic test house I believe last quarter and we said we’re going to ship it over the next three to six months and so we haven’t shipped it yet.
[Jeffrey Scott – Scott Asset Management]
I thought it had already been shipped?
Rhea J. Posedel
We shipped an evaluation which they liked well enough to place a production unit.
[Jeffrey Scott – Scott Asset Management]
But you have not actually shipped a production unit to Taiwan?
Rhea J. Posedel
Not yet. Soon, we hope.
[Jeffrey Scott – Scott Asset Management]
Has there been any further development on the kind of joint venture with [Enteris]?
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