Lipocine Inc. reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was USD 0.5 million compared to USD 16.14 million a year ago. Net loss was USD 10.76 million compared to USD 0.634399 million a year ago.

Basic loss per share from continuing operations was USD 2.04 compared to USD 0.17 a year ago. Diluted loss per share from continuing operations was USD 2.21 compared to USD 0.17 a year ago.