SofTech, Inc. reported earning results for the second quarter and six months ended November 30, 2013. For the quarter, the company reported total revenue of $1,414,000 compared to total revenue of $1,772,000 for the same period a year ago. Operating income was $43,000 compared to $313,000 last year. Loss from operations before income taxes was $44,000 compared to income from operations before income taxes $252,000 last year. Net loss was $44,000 or $0.05 per basic and diluted share compared to net income of $252,000 or $0.25 per basic and diluted share last year. EBITDA was $3,365,000 compared to $369,000 last year. The EBITDA in the current quarter was generated from the sale of the aforementioned CADRA product line.

For the six months, the company reported total revenue of $2,790,000 compared to total revenue of $3,342,000 for the same period a year ago. Operating loss was $139,000 compared to operating income of $313,000 last year. Loss from operations before income taxes was $310,000 compared to income from operations before income taxes $425,000 last year. Net loss was $310,000 or $0.35 per basic and diluted share compared to net income of $425,000 or $0.43 per basic and diluted share last year. EBITDA was $3,242,000 compared to $654,000 last year.