Spyr, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 17, 2021 at 01:38 am IST
Share
SPYR, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was USD 1,000. Operating loss was USD 505,000 compared to USD 254,000 a year ago. Net loss was USD 902,000 compared to USD 317,000 a year ago. For the half year, total revenue was USD 1,000 compared to USD 185,000 a year ago. Operating loss was USD 1.504 million compared to USD 397,000 a year ago. Net loss was USD 2.113 million compared to USD 544,000 a year ago. Basic loss per share from continuing operations 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.
SPYR, INC. 