Navigation Links
BIO-key® Reports Strong 2010 Second Quarter and Six Month Financial Results
Date:7/28/2010

g health care, retail and financial services. We believe our technology and partners position us well to participate in the strengthening industry fundamentals for both the near and long-term. "

Six Month Comparisons

Total revenue for the six months ended June 30, 2010 was $2,409,226 compared to $818,879 for the same six-month period last year, an increase of 194%. Driving this increase were higher licensing sales to both new and existing customers, partially offset by lower service fees.

Gross profit and gross profit margin for the six months ended June 30, 2010 were $2,195,285 and 91.1% respectively, as compared to $613,368 and 74.9% respectively, for the six months ended June 30, 2009. The increase in gross profit margin is directly attributable to higher licensing fees as a percentage of net sales for the comparable period.  

Operating expenses for the six months ended June 30, 2010 were $2,157,386, a decrease of 1.9% as compared to operating expenses of $2,198,991 for the same period in 2009. This decrease was due to a 7.4% decline in selling, general and administrative expenses, offset by an 18.2% increase in research, development and engineering expenses. The decline in SG&A was primarily related to lower legal and professional service fees, and charges for non-cash compensation, offset by higher commission and referral fee expenses.

Operating income was $37,899 compared to an operating loss of ($1,585,623) for the periods ended '/>"/>

SOURCE BIO-key International, Inc.
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7

Related biology news :

1. BIO-key® to Unveil Enterprise Ready Biometric Identity Platform for Smartphones at the Burton Group Catalyst Conference
2. International Drug & Explosives Detection Company IDenta Corp Reports on BTK- Bullet Hole Testing Kit
3. Cell Transplantation reports consistent and successful islet isolations offer diabetes hope
4. New climate change reports underscore need for action
5. BIO-key(R) Reports First Quarter 2010 Financial Results
6. Survey reports latest honey bee losses
7. Grupo Radio Centro Reports First Quarter 2010 Results
8. Primary Energy Reports Improved First Quarter Results
9. GEN reports on the promise of DNA vaccines
10. Peregrine reports new study from Duke shows anti-HIV potential of targeting PS on cells
11. NIH stem cell guidelines should be modified, UCSF team reports
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/10/2014)... New research from The University of Texas Health ... GameKeep it Real (IYG), a health education program designed ... can significantly reduce dating violence behaviors among minority youth. ... Prevention, 10 percent of high school youth are victims ... more than 20 percent are victims of emotional dating ...
(Date:7/10/2014)... cutting-edge, innovative research on Alzheimer,s disease and the ... announced the recipients of new research grant awards, ... the District of Columbia, and five foreign countries. ... latest grants, BrightFocus has now provided more than ... The research projects funded this year reflect a ...
(Date:7/10/2014)... IRVINE, Calif. (July 10, 2014) Consuming a whole ... raw carrots significantly enhanced provitamin A carotenoid (alpha- and ... active form of vitamin A, according to new research ... . , Vitamin A is involved ... skin, immune function, and vision; and has antioxidant properties. ...
Breaking Biology News(10 mins):It's Your Game ... Keep It Real reduces dating violence among minority youth 2BrightFocus Foundation announces 55 new grantees in Alzheimer's and vision research 2BrightFocus Foundation announces 55 new grantees in Alzheimer's and vision research 3New research: Fresh avocado enhances absorption of essential nutrients for healthy living 2
... pathway whereby bacteria communicate with each other has been ... The discovery has important implications for efforts to cope ... Bacteria are known to communicate in nature primarily ... said Prof. Sigal Ben-Yehuda of the Institute for Medical ...
... microfluidic device may help clinicians improve a promising cancer ... fight such diseases as metastatic melanoma, non-Hodgkin,s lymphoma, chronic ... adoptive T cell transfer, has shown encouraging results in ... called T cells from a cancer patient, multiplying them ...
... have engineered bacteria to churn out a gasoline-like biofuel ... a breakthrough that could soon provide an affordable and ... this week in advance of publication in the journal ... Chang, assistant professor of chemistry at UC Berkeley, graduate ...
Cached Biology News:Researchers predict age of T cells to improve cancer treatment 2Researchers predict age of T cells to improve cancer treatment 3Turning bacteria into butanol biofuel factories 2Turning bacteria into butanol biofuel factories 3
(Date:1/15/2014)... IL (PRWEB) January 15, 2014 Look ... find hard-working items for the lab, from fluid handling ... Guaranteed-in-Stock (GIS)—ready to ship when you order. , ... Peristaltic Pumps , from the L/S® model for precise ...
(Date:1/15/2014)... ­ RedBrick Health , a fast-growing leader in ... that EmblemHealth , the New York ... providing the RedBrick Compass health assessment, combined with the ... its members. EmblemHealth is among the first health plans ...
(Date:1/15/2014)... January 15, 2014 More than 5 ... about 1 in 3 seniors will die with Alzheimer’s ... These jaw-dropping figures have shocked many Americans into looking ... help prevent these tragic age-related cognitive disorders. Jonathan Weisman, ...
(Date:1/15/2014)... 15, 2014 DTS Language Services, Inc ... Web Portal for Life Science organizations who need document translations. ... subject matter of their documents in advance with a selection ... time-to-delivery of translations, often a critical factor in clinical and ...
Breaking Biology Technology:Cole-Parmer Begins 2014 with the Release of Preferred Solutions 2EmblemHealth Selects RedBrick Health to Power its Next-Generation Health Engagement and Behavior Change System 2EmblemHealth Selects RedBrick Health to Power its Next-Generation Health Engagement and Behavior Change System 3Biohack Pure Offers 5 Tips for Increasing Memory in 2014 2DTS Improves Efficiency for Life Science Document Translations 2
... " This Man Was Erroneously Convicted of Murder and a Wrong ... Right by Granting a Pardon" Giovanni Di Stefano, ... Secretary of State to pardon posthumously Dr. Hawley Harvey Crippen. In,a ... upon DNA, Di Stefano calls on the Secretary of State for,the ...
... BioMedical Enterprises, Inc.,(BME), a privately held medical ... technology, today announced that the U.S. Food and,Drug ... the,OSSpine(TM) for use in anterior fixation of the ... graft retention. The patent-pending,OSSpine(TM) builds on the extremity ...
... THE WOODLANDS, Texas, Oct. 22 Lexicon,Pharmaceuticals, Inc. (Nasdaq: ... results on Tuesday, October 30, 2007 after the financial ... discuss the,company,s results and provide financial guidance for the ... October 30, 2007. The dial-in number for the ...
Cached Biology Technology:BioMedical Enterprises, Inc. (BME) Receives FDA Clearance for Spine Use of Its Memory Metal Implants 2Lexicon to Report Third Quarter 2007 Financial Results on October 30, 2007 2
...
... Distributed exclusively by BioLegend, the Quansys ... for multiplex analysis of cytokines/chemokines for human, ... Cytokine Array is a fully quantitative ELISA-based ... been absorbed to each well of a ...
Caliper offers a wide array of standard LabChip products designed to be used in combination with our AMS 90 and LabChip 3000 microfluidic platforms....
... Pro260 reagents and supplies, for 10 ... sufficient to perform protein analysis with ... electrophoresis system. Supplied are 3 x ... Pro260 stain, 60 microliters Pro260 ladder ...
Biology Products: