KWESST Micro Systems Inc. reported earnings results for the first quarter ended December 31, 2023. For the first quarter, the company reported sales was CAD 0.129068 million compared to CAD 0.317333 million a year ago. Net loss was CAD 0.398973 million compared to CAD 2.21 million a year ago.

Basic loss per share from continuing operations was CAD 0.07 compared to CAD 1.37 a year ago. Diluted loss per share from continuing operations was CAD 0.07 compared to CAD 1.37 a year ago.