TSXV:CLAS.H - Post by User
Post by
Captainblkon Dec 18, 2019 7:40pm
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Post# 30470683
Third Quarter Financial Results
Third Quarter Financial ResultsIn Q3 2019, the Company had no revenues from product sales, and recorded a net loss of approximately $1.0 million ($0.002 per Common Share), compared with a net profit of approximately $1.8 million ($0.01 per Common Share) in Q3, 2018. The Companys net loss in Q3 2019 and net profit in Q3 2018 resulted from several factors in each such period, including, primarily, changes in the amounts of certain contingent liabilities and in-process research and development that were charged to income.