OOTI is almost certainly still in the red. Circle is a tricky venue to make work, because it is small (hence the gross potential is not as good a metric as usual). This is not a small show, and it is not selling tickets at a viable price point right now. That said, it is too early to say it can't, though it is hard to see how it will survive long past the holidays, even if there are a few gangbuster weeks.
Another exhibit in support of the notion that those who can, do, and those who can't, teach.