Spyr, Inc. Reports Earnings Results for the Full Year Ended December 31, 2019
March 30, 2020 at 04:41 pm EDT
Share
SPYR, Inc. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced total revenue was USD 353,000 compared to USD 388,000 a year ago. Operating loss was USD 1.175 million compared to USD 6.123 million a year ago. Net loss was USD 1.965 million compared to USD 7.109 million a year ago. Basic loss per share was USD 0.01 compared to USD 0.04 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. 