Tuesday, March 29, 2016 9:16:25 AM
Review of Results
Total third quarter 2015 revenues were $189,000 compared to $150,000 revenue in the third quarter of 2014. Revenue generated from equipment sales totaled $172,000 and revenue from engineering services and a consulting services agreement totaled $17,000. Related party revenue was $4,000 in the quarter.
Third quarter operating loss was $3.8 million compared to operating loss of $4.2 million in the third quarter of 2014.
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