Item 9 Labs Corp. reported earnings results for the third quarter and nine months ended June 30, 2022. For the third quarter, the company reported sales was USD 4.93 million compared to USD 6.69 million a year ago. Net loss was USD 5.47 million compared to USD 0.833905 million a year ago. Basic loss per share from continuing operations was USD 0.06 compared to USD 0.01 a year ago. Diluted loss per share from continuing operations was USD 0.06 compared to USD 0.01 a year ago.
For the nine months, sales was USD 17.76 million compared to USD 15.84 million a year ago. Net loss was USD 12.69 million compared to USD 1.86 million a year ago. Basic loss per share from continuing operations was USD 0.13 compared to USD 0.03 a year ago. Diluted loss per share from continuing operations was USD 0.13 compared to USD 0.03 a year ago.