Navigation Links
Inergetics: 2014 Second Quarter Earnings Announcement
Date:8/14/2014

NEWARK, N.J., Aug. 14, 2014 /PRNewswire/ -- Inergetics, Inc. (OTCBB: NRTI), a leading developer of a diverse range of best-in-class nutraceuticals, today filed its 10Q for the second quarter ending June 30, 2014.

  • Total revenues generated from the sales of Martha Stewart™ Essentials, Surgex® Sports Nutrition, Bikini Ready®, SlimTrim™, and Private Label product lines for the quarter ended June 30, 2014 totaled $523,615, an increase of 685% from the quarter ended June 30, 2013 which totaled $66,667.
  • Gross profit for the quarter amounted to $213,178 for a 41% gross margin. Gross profit increased $196,986 or 1,217% for the quarter ended June 30, 2014 compared to $16,192 for the quarter ended June 30, 2013.
  • After research and development cost and selling, general and administrative expenses of $1,564,032, an operating loss of $1,350,854 was realized for the quarter. Operating losses increased $500,259 compared to the first quarter of 2013. The majority of the increase was due to the increase in royalty payments and promotion and marketing costs to support the retail launch of certain products.
  • The net result for the quarter was a loss of $1,564,212 or $0.02 per share, including a preferred dividend on the Series G stock in the amount of $321,525, compared to a loss of $1,234,697 or $0.02 per share for the second quarter of 2013. The net loss increased by $329,515 compared to the second quarter of 2013, primarily due to an increase in selling, general and administrative expenses associated with the expansion of the company's product lines as well as increased interest expense associated with additional debt outstanding.

"Inergetics continues to mark significant progress in building a world-class nutraceuticals company whose innovative products address a range of consumer needs," said Mike James'/>"/>

SOURCE Inergetics, Inc.
Copyright©2014 PR Newswire.
All rights reserved

Page: 1 2 3 4 5

Related medicine technology :

1. CASI Pharmaceuticals Reports Second Quarter 2014 Financial Results
2. VirtualScopics, Inc. Reports Second Quarter and Six Months 2014 Financial Results; Awards Outstanding and Bookings Reflect a Two-Fold Increase Over 2013 First Six Months
3. Immune Pharmaceuticals Announces Second Quarter 2014 Financial Results and Provides Update on Bertilimumab Commencement of Phase II Clinical Trials
4. Veracyte, Inc. Announces Second Quarter 2014 Financial Results
5. Kindred Biosciences Announces Second Quarter 2014 Financial Results
6. PDI Reports 2014 Second Quarter Financial Results
7. Imprimis Pharmaceuticals Announces Second Quarter 2014 Financial Results and Provides Operational Update
8. WuXi PharmaTech Announces Second-Quarter 2014 Results
9. Pressure BioSciences, Inc. to Discuss Second Quarter 2014 Financial Results and Provide a Business Update
10. Nutrastar International Inc. Announces Second Quarter 2014 Results
11. Dipexium Pharmaceuticals Reports Second Quarter 2014 Financial and Operational Results
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:9/19/2014)... -- UBM Medica US announces that  OncoTherapy ... oncologists and other clinicians gain a better understanding of ... therapies and immunotherapies, discusses some of the latest news ... Every September, Blood Cancer Awareness Month is ... cancers—helping to increase survival rates and improve the quality ...
(Date:9/19/2014)... 19, 2014  Pressure BioSciences, Inc. (OTCQB: PBIO) ... received and approved all parts required to build ... begun to manufacture the new PCT-based instrument system.  ... ready for shipment by mid-October and that additional ... a rate of about one per week thereafter.  ...
(Date:9/19/2014)... , Sept. 19, 2014  Over 200 runners participated ... to Benefit the Radiation Oncology Institute (ROI), hosted by ... Golden Gate Park in San Francisco.  ... , CEO of Radiation Business Solutions, "but at ... raised over $70,000 for the ROI this year. This ...
Breaking Medicine Technology:OncoTherapy Network Highlights National Blood Cancer Awareness Month 2OncoTherapy Network Highlights National Blood Cancer Awareness Month 3OncoTherapy Network Highlights National Blood Cancer Awareness Month 4Pressure BioSciences Announces Completion of the First Phase of Its Commercialization Plan for the Barozyme HT48, the Company's Recently Released High Throughput PCT-based Instrument System 2Pressure BioSciences Announces Completion of the First Phase of Its Commercialization Plan for the Barozyme HT48, the Company's Recently Released High Throughput PCT-based Instrument System 3Fifth Annual 5K Run for the Future to Benefit the Radiation Oncology Institute Breaks Attendance, Donation Records 2Fifth Annual 5K Run for the Future to Benefit the Radiation Oncology Institute Breaks Attendance, Donation Records 3
... DIEGO, June 19 The Australian company Fermiscan,who ... of a new breast cancer,screening test through the ... rate of 69% in detecting breast cancer., ... published in the Journal of the American Medical,Association(1) ...
... 19 iCAD, Inc. (Nasdaq:,ICAD), an industry-leading provider ... of cancer, today announced it has,initiated a clinical ... in partnership with ACR Image Metrix, a subsidiary ... ACR Image Metrix, having completed the,development portion of ...
Cached Medicine Technology:New Australian Technology: Detecting Breast Cancer With Hair 2New Australian Technology: Detecting Breast Cancer With Hair 3New Australian Technology: Detecting Breast Cancer With Hair 4iCAD Initiates Clinical Study of Its Virtual Colonoscopy CAD in Partnership with ACR Image Metrix 2iCAD Initiates Clinical Study of Its Virtual Colonoscopy CAD in Partnership with ACR Image Metrix 3iCAD Initiates Clinical Study of Its Virtual Colonoscopy CAD in Partnership with ACR Image Metrix 4
(Date:9/19/2014)... Are you tired of having to repeatedly ... allergies or sinus congestion? Fortunately, an inventor from Newmanstown, ... She conceived of Nose Pal to avoid the worry ... public. Since it prevents nasal drip and the constant ... when cooking or working closely with others. What's more, ...
(Date:9/19/2014)... (PRWEB) September 19, 2014 BearCom, ... solutions, today detailed the key role played by ... radios in the healthcare industry. , “In ... patient care – and in emergency situations, can ... between life and death,” said Hugh Johnston, Product ...
(Date:9/19/2014)... NY (PRWEB) September 19, 2014 On ... News at the Platinum PR and Top Places to ... in New York City. Camino received honorable mentions in ... Campaign” — for its work elevating Latina voices in ... incredible organization and be a part of its efforts ...
(Date:9/19/2014)... Hastings and Hastings, a discount accident lawyer in Phoenix, Arizona, ... number of visitors to its new Phoenix personal injury website. ... as well as auto accident cases and slip & fall ... others. Having served the state of Arizona for over 30 ... when it comes to dedicated and focused personal injury legal ...
(Date:9/19/2014)... NJ (PRWEB) September 19, 2014 Visiting ... provider of home health care, hospice and palliative care ... to ring the Opening Bell yesterday at the New ... New Jersey philanthropist and social entrepreneur to care for ... Health Group has always worked to meet the urgent ...
Breaking Medicine News(10 mins):Health News:Nasal Drip Eliminator Invented by InventHelp Client (LCC-218) 2Health News:BearCom Releases Guidelines on Using Two-Way Radios to Improve Communications and Enhance Patient Service in Healthcare 2Health News:BearCom Releases Guidelines on Using Two-Way Radios to Improve Communications and Enhance Patient Service in Healthcare 3Health News:BearCom Releases Guidelines on Using Two-Way Radios to Improve Communications and Enhance Patient Service in Healthcare 4Health News:Camino Public Relations Honored for Raising Latina Voices in National Health Care, Immigration Debates 2Health News:Hastings And Hastings Announces a Record Number of Visitors to Its New Phoenix Personal Injury Website 2Health News:NJ Largest Home Healthcare Not-for-Profit Joins Deutsche Bank to Ring NYSE Opening Bell 2Health News:NJ Largest Home Healthcare Not-for-Profit Joins Deutsche Bank to Ring NYSE Opening Bell 3
... lines, Bihar legislators today resolved to constitute a high-level body ... awareness among the people of the state on the disease. ... moved by state RJD President and national spokesman Abdul Bari ... the Houses of the legislature. , ,The resolution was ...
... can help lessen the intensity of migraines, says a ... //at the University of North Carolina Medical School, studied ... improved their sleep habits had reduced headache frequencies. ... frequency by 29 percent and headache intensity by 40 ...
... The dean of the All India Institute of Medical Sciences ... subjected to humiliation //by "some colleagues and misguided students". ... was offered the post of vice-chancellor of K.G. Medical University ... in view of the prevalent situation (in AIIMS)," said R.C. ...
... the moon walk which will be held at Edinburgh. About 7999 ... star Lorraine Kelly. ,They are going topless wearing decorated ... and the Maggie’s Centre. They will start the walk at midnight ... ,Hence the name Moon Walk was given as it started ...
... Karnataka insist on a HIV certificate from the foreign/NRI ... The Visvesvaraya Technological University (VTU) in Karnataka has over ... has issued strict orders not to ask for HIV ... VTU vice-chancellor said that when our own students are ...
... researchers will be able to re-establish growth of ... deafness//. ,These tiny hairs in the ear are capable of ... sound. Once lost, these hairs could not be replaced ... out of every twenty-four people, across the globe, suffered from ...
Cached Medicine News:Health News:'Humiliated' Dean Contemplates Leaving AIIMS 2Health News:'Humiliated' Dean Contemplates Leaving AIIMS 3
... believe that the trocar should be a ... precision and speeding the process. So we ... that meets the needs of the most ... - The only trocar that affords the ...
Operate with confidence. Autosuture is advancing the sate of both open and minimally invasive surgery by providing surgical tools that feel right, function right, and facilitate the right outcome eve...
... Many special order products are offered as ... long lengths. The modular instruments may be ... options such as ratchets, insulation and flush ... Mediflex stock. Customer specifications may affect delivery ...
Operate with confidence. Autosuture is advancing the sate of both open and minimally invasive surgery by providing surgical tools that feel right, function right, and facilitate the right outcome eve...
Medicine Products: