ThermoEnergy Corporation reported earnings results for the first quarter March 31, 2014. For the three-month period ended March 31, 2014, the company recorded revenues of $202,000, compared to $1,009,000 for the first quarter of 2013. Revenues in the first quarter of 2014 were limited to spare parts orders and service for existing customers.

During the first quarter of 2013, revenues were driven by two industrial projects utilizing Ammonia Recovery Process ("ARP") technology. The company reported a net loss of $1.625 million or $0.01 per share for the three month period ended March 31, 2014 compared to a net loss of $1.072 million or $0.01 per share for the same period in 2013.