Net Loss: Our net loss for the three and six-month periods ended June 30, 2009 was $758,634 and $1,346,561 respectively compared to a loss of $246,710 and $712,654 for the same periods in 2008. This is an increase in loss of $511,924 for the three-months ended June 30, 2008 and an increase in loss of $633,907 for the six months ended June 30, 2009, and was attributable to research and development costs related to the depleted uranium de-conversion and fluorine extraction processing facility.
Steve T. Laflin, President and CEO of International Isotopes Inc. said, "With the exception of our Radiological Services, all of our business segments continue to grow or at least sustain the levels we achieved in 2008.
"The Radiological Services segment has been clearly impacted by the struggling world economy but we do not expect any similar impact on our other business segments. In fact, I remain quite optimistic about our future performance in these business segments because we anticipate new sales and market growth opportunities for our isotopes. These opportunities are caused in part by interruptions in supply from some of our competitors. Those interruptions have been caused by reduced or limited operability of some isotope producing reactors in the world. We, on the other hand, have a stable operating reactor source for our cobalt products. Additionally, we have agreements in place with other operating reactors for the other products we supply. We belie
|SOURCE International Isotopes Inc.|
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