Spyr, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 15, 2020 at 04:10 pm EDT
Share
SPYR, Inc. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced total revenue was USD 188,000 compared to USD 77,000 a year ago. Operating loss was USD 171,000 compared to USD 445,000 a year ago. Net loss was USD 227,000 compared to USD 450,000 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. 