SPYR, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
September 23, 2022 at 11:38 am EDT
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SPYR, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported net loss was USD 1.44 million compared to USD 0.902 million a year ago.
For the six months, sales was USD 0.001 million compared to USD 0.001 million a year ago. Net loss was USD 3.6 million compared to USD 2.11 million a year ago. Basic loss per share was USD 0.01 compared to USD 0.01 a year ago.
SPYR, Inc. (SPYR) is a diversified technology company focused on the Internet of Things (IoT). The Company, through its subsidiary, GeoTraq Inc., develops and manufactures fully self-contained, ultra-small Mobile mobile IoT modules, namely Tracker-M modules for asset tracking and location-based services, and Sensor-M modules used for remote monitoring. Its subsidiary under the GeoTraq label, offers the ultra-small tracker that allows customers to deploy tracking and monitoring devices within the IoT. The Company continues to identify and target acquisitions that shall grow its footprint in the industry and expand the products it offers consumers, including companies developing artificial intelligence (AI) and smart technology products.
SPYR, INC. 
