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International Isotopes Inc. Announces Third Quarter And Nine Months 2013 Financial Results
Date:11/15/2013

IDAHO FALLS, Idaho, Nov. 15, 2013 /PRNewswire/ -- International Isotopes Inc. (OTC Bulletin Board: INIS) announces financial results for the third quarter and nine-months ended September 30, 2013. 

Company revenue for the three months ended September 30, 2013 was $1,680,696, as compared to $1,793,483 for the same period in 2012, an overall decrease of $112,787, or approximately 6%.  Revenue for the nine-month period ended September 30, 2013, was $5,153,534, as compared to $5,785,775 for the same period in 2012, a decrease of $632,241, or approximately 11%.

Revenue from the sale of radiochemical products for the three months ended September 30, 2013 was $450,285, compared to $443,127 for the same period in 2012.  This represents an increase in revenue of approximately 2%.  Revenue from the sale of radiochemical products for the nine-month period ended September 30, 2013, was $1,316,909, compared to $1,230,161 for the same period in 2012. This is an increase in revenue of approximately 7%.
This segment reported an increase of net income of 307% and 442% for the three and nine-month periods respectively.  The increase in net income is the result of increased sales and reduced cost of sales through process efficiencies and enhancements.

Revenue from the sale of cobalt products for the three months ended September 30, 2013 was $332,295, compared to $202,545 for the same period in 2012. This represents an increase in revenue of approximately 64%.  Revenue from the sale of cobalt products for the nine-month period ended September 30, 2013 was $777,424, compared to $1,035,975 for the same period in 2012. This represents a decrease in revenue of approximately 25%.  The net income for cobalt products increased approximately 169% for the three months ended September 30, 2013, but decreased by approximately 39
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SOURCE International Isotopes Inc.
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