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International Isotopes Inc. Announces Second Quarter and Six Months 2013 Financial Results
Date:8/15/2013

IDAHO FALLS, Idaho, Aug. 15, 2013 /PRNewswire/ -- International Isotopes Inc. (OTC Bulletin Board: INIS) announces financial results for the second quarter and six-months ended June 30, 2013. 

Revenue for the three months ended June 30, 2013 was $1,800,049, as compared to $2,042,949 for the same period in 2012, an overall decrease of $242,900, or approximately 12%.  Revenue for the six-month period ended June 30, 2013, was $3,472,838, as compared to $3,992,292 for the same period in 2012, a decrease of $519,454, or approximately 13%.

Revenue from the sale of radiochemical products for the three months ended June 30, 2013 was $426,605, compared to $405,118 for the same period in 2012.  This represents an increase in revenue of $21,487, or approximately 5%. Revenue from the sale of radiochemical products for the six-month period ended June 30, 2013, was $866,624, compared to $787,033 for the same period in 2012. This is an increase in revenue of $79,591, or approximately 10%. Sales of radiochemical products decreased throughout 2011 and 2012, as the result of customers shifting away from the use of radiochemical grade product and towards the use of pharmaceutical grade product.  That negative trend stabilized near the end of 2012 and it appears this segment is resuming its historical percentage growth rate. 

Revenue from the sale of cobalt products for the three months ended June 30, 2013 was $253,862, compared to $484,098 for the same period in 2012. This represents a decrease in revenue of $230,236, or approximately 48%. Revenue from the sale of cobalt products for the six-month period ended June 30, 2013 was $445,129, compared to $833,430 for the same period in 2012. This represents a decrease in revenue of $388,301, or approximately 47%.  Our sealed source manufacturing generates the majority of ou
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SOURCE International Isotopes Inc.
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