SofTech, Inc. announced earnings results for the first quarter ended August 31, 2013. Revenue was approximately $1.38 million as compared to approximately $1.57 million for the same period in the prior fiscal year, a decline of about 12%. The $190,000 in revenue from the sale of its patents in the prior year accounted for the revenue decline.

Net loss was $266,000 or $0.30 per diluted share compared to net income of $173,000 or $0.17 per diluted share for the same period in the prior fiscal year. LBITDA for current quarter was about $124,000 as compared to EBITDA of $285,000 for the same period in fiscal year 2013. Operating loss was $181,000 against operating income of $235,000 a year ago.

Loss from operations before income taxes was $266,000 against income from operations before income taxes of $173,000 a year ago.