Competitive Technologies Inc. Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2013
For the nine months, the company announced gross profit from product sales of $241,010 compared to $407,188 for the same period a year ago. Loss before income taxes was $2,061,078 compared to $2,333,967 for the same period a year ago. Net loss was $2,061,078 compared to $2,333,967 for the same period a year ago. Basic and diluted loss per share was $0.13 compared to $0.16 for the same period a year ago. Net cash used in operating activities was $1,272,336 compared to $870,260 for the same period a year ago.