ThermoEnergy Corporation reported earnings results for the first quarter ended March 31, 2013. For the three-month period ended March 31, 2013 the Company recorded revenues of $1,009,000, a decrease of 40% compared to the first quarter of 2012. Gross profit for the first quarter of 2013 was negative at $166,000.

Net loss was $1.07 million or $0.01 per share compared to $1.54 million or $0.02 per share for the same period in 2012.