SPYR, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 23, 2021 at 03:52 am IST
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SPYR, Inc. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported net loss was USD 1.06 million compared to USD 0.318 million a year ago.
For the nine months, sales was USD 0.001 million compared to USD 0.004 million a year ago. Net loss was USD 3.18 million compared to USD 0.862 million a year ago. Basic loss per share was USD 0.01.
SPYR, Inc. (SPYR) is a diversified technology company focused on the Internet of Things (IoT). The Company, through its subsidiary, GeoTraq Inc., develops and manufactures fully self-contained, ultra-small Mobile mobile IoT modules, namely Tracker-M modules for asset tracking and location-based services, and Sensor-M modules used for remote monitoring. Its subsidiary under the GeoTraq label, offers the ultra-small tracker that allows customers to deploy tracking and monitoring devices within the IoT. The Company continues to identify and target acquisitions that shall grow its footprint in the industry and expand the products it offers consumers, including companies developing artificial intelligence (AI) and smart technology products.