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PLC Systems Reports Fourth Quarter and Full Year 2011 Results
Date:3/30/2012

ndedDecember 31, 

 2011 2010 2011 2010 

 

 

 

 

 

 

 

 Revenues......................................................................................

 

$   189

 

$
54

 

$
71

 

$   587Cost of revenues............................................................................

 

70

 

24

 

426

 

696Gross profit (loss)..........................................................................

 

119

 

30

 

245

 

(69)Operating expenses

 

 

 

 

 

 

 

 Selling, general and administrative..............................................

 

596

 

621

 

2,445

 

2,805Research and development..........................................................

 

453

 

(149)

 

1,212

 

333Total operating expenses.......................................................

 

1,049

 

472

 

3,657

 

3,138Gain on the sale of assets................................................................

 

--

 

--

 

(40)

 

(98)Loss from continuing operations......................................................

 

(930)

 

(442)

 

(3,372
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SOURCE PLC Systems Inc.
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