Nano Magic Inc. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced total revenue was USD 448,174 compared to USD 757,861 a year ago. Operating loss was USD 375,707 compared to USD 71,855 a year ago. Net loss was USD 377,815 compared to USD 70,239 a year ago. Basic loss per share from continuing operations was USD 0.06 compared to USD 0.02 a year ago.