Axion Power International Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2013. For the quarter, the company's net sales were $2,185,699 against $2,178,077 a year ago. Operating loss was $2,111,646 against $2,147,694 a year ago. Net loss was $4,681,847 or $0.04 basic and diluted per share against $2,136,002 or $0.04 basic and diluted per share a year ago.

For the nine months, the company's net sales were $7,111,812 against $6,690,502 a year ago. Operating loss was $5,777,344 against $6,378,117 a year ago. Net loss was $6,663,075 or $0.06 basic and diluted per share against $6,378,967 or $0.06 basic and diluted per share a year ago. Cash used by operating activities was $4,800,824 against $5,622,090 a year ago. Capital expenditures were $151,570 against $742,834 a year ago.