Frisby results show downturn
The company behind climate control material Comfortemp, Frisby Technologies, has announced financial results for the third quarter and the nine months ended September 30, 2002.
Total revenues for the three months decreased to $1,505,715 from $2,694,354 the year before. Total revenues for the nine-month period decreased to $5,065,260 from $6,122,319.
The net loss for the three months increased to $1,645,953, from $792,034 for the same period of 2001. For the nine-month the net loss increased $1,084,468 to $3,995,408 from.