Key Financial Highlights:
Operating Results for the Three Months Ended December 31, 2021
- Net sales for three months ended December 31, 2021 were $68 thousand, as compared to
$9 thousand in the same period of 2020. - Gross margins for the three months ended
December 31, 2021 were$29 thousand , as compared to$4 thousand in the same period in 2020.
Operating Results for the Six Months Ended December 31, 2021
- Net sales for six months ended December 31, 2021 were $143 thousand, as compared to
$17 thousand in the same period of 2020. - Gross margins for the six months ended
December 31, 2021 were$73 thousand , as compared to$11 thousand in the same period in 2020.
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Forward-Looking Statements
This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. In some cases, forward-looking statements can be identified by the use of forward-looking terms such as “anticipate,” “estimate,” “believe,” “continue,” “could,” “intend,” “may,” “plan,” “potential,” “predict,” “should,” “will,” “expect,” “objective,” “projection,” “forecast,” “goal,” “guidance,” “outlook,” “effort,” “target,” “trajectory,” “focus,” “work to,” “attempt,” “pursue,” or the negative of these terms or other comparable terms. However, the absence of these words does not mean that the statements are not forward-looking. These forward-looking statements are based on certain assumptions and analyses made by us in light of our experience and our perception of historical trends, current conditions and expected future developments, as well as other factors we believe are appropriate in the circumstances.
Investor Relations Contact
516-662-9461
andrew@barwicki.com
Source:
2022 GlobeNewswire, Inc., source