How did OPTX perform in Q4 2021 earnings?

Syntec Optics (OPTX), traded on the OTC market, had a challenging Q4 2021 earnings period, with the company posting a net loss of $169,488 for the quarter. This result was largely due to the economic impact of the COVID-19 pandemic, which affected the company's operations and financial performance. The pandemic led to reduced demand for OPTX's products, resulting in lower revenue and profitability for the quarter. Additionally, the company's earnings were further impacted by the fact that it was not able to secure a loan under the CARES Act, which provided relief to many businesses in the form of forgivable loans. Without this loan, OPTX had to rely on other financing options, which added to its financial burden. Overall, Q4 2021 was a difficult period for OPTX, and the company is likely to face continued challenges in the near term as it navigates the post-pandemic economic landscape.