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Competitive Tech Reports Third Quarter 2013 Results
Date:11/20/2013

xpenses219,379277,493General and administrative expenses450,272393,023Interest expense67,05818,628Unrealized loss on derivative instruments 49,86515,434Total Expenses809,143830,211Income (loss) before income taxes(602,209)(596,889)Provision (benefit) for income taxes--Net income (loss)$(602,209)$

(596,889)Basic income (loss) per share$(0.04)$

(0.04)Basic weighted average number of common shares outstanding:16,867,97115,184,765Diluted income (loss) per share$(0.04)$

(0.04)Diluted weighted average number of common shares outstanding:16,867,97115,184,765 

 PART I. FINANCIAL INFORMATION (Continued)COMPETITIVE TECHNOLOGIES, INC. AND SUBSIDIARYCondensed Consolidated Statements of Operations
(Unaudited)Nine months endedNine months endedSeptember 30, 2013September 30, 2012RevenueProduct sales$426,142$

703,113Cost of product sales185,132295,925Gross profit from product sales241,010407,188Other RevenueRetained royalties40,09270,337Interest income-1,496Other income72,82139,327Total other revenue112,913111,160ExpensesSelling expenses126,502306,889Personnel and consulting expenses839,1181,111,058General and administrative expenses1,264,4481,369,128Interest expense143,79640,923Unrealized loss on derivative instruments 41,13724,317Total Expenses2,415,0012,852,315Income (loss) before income taxes(2,061,078)(2,333,967)Provision (benefit) for income taxes--Net income (loss)$(2,061,078)$

(2,333,967)Basic income (loss) per share$(0.13)$

(0.16)Basic weighted average number of common shares outstanding:16,205,57814,930,809Diluted income (loss) per share$(0.13)$

(0.16)Diluted weighted average number of common shares outstanding:16,205,57814,930,809 

 PART I. FINANCIAL INFORMATION (Continued)COMPETITIVE TECHNOLOGIES, INC. AND SUBSIDIARY
Condensed Consolidated Statement of Changes in Shareholders' Interest (Deficit)
For the Nine Months Ended September 30, 2013
(Unaudited)Preferred St
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SOURCE Competitive Technologies, Inc.
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