SPYR, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 18, 2022 at 04:39 pm EST
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SPYR, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 0.001 million. Net loss was USD 0.933 million compared to USD 1.38 million a year ago.
For the nine months, sales was USD 0.002 million compared to USD 0.001 million a year ago. Net loss was USD 4.53 million compared to USD 3.5 million a year ago. Basic loss per share was USD 0.01 compared to USD 0.02 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. 
