Innovaro, Inc. reported consolidated earnings results for the year ended December 31, 2012. For the period, the company reported revenue of $530,834 against $435,425 a year ago. Loss from continuing operations before income taxes was $6,657,390 against $6,236,895 a year ago.

Loss from continuing operations was $6,506,159 or $0.42 per basic and diluted share against $6,102,849 or $0.41 per basic and diluted share a year ago. Net loss attributable to stockholders was $9,991,928 or $0.65 per basic and diluted share against $4,623,870 or $0.33 per basic and diluted share a year ago. Net cash flows from operating activities of continuing operations were $1,676,571 against $2,831,409 a year ago.

Capital expenditures were $1,279 against $39,218 a year ago.