Applied Energetics, Inc., AERG, today reported summary financial results for the fourth quarter ended December 31, 2010.
Revenue for the fourth quarter of 2010 increased about 162% to approximately $3.4 million, compared to approximately $1.3 million for the same period last year.
Net loss attributable to common stockholders for the fourth quarter of 2010 was $1.0 million, or $0.01 per basic and diluted common share, compared to the prior comparable period net loss attributable to common stockholders of $1.7 million or $0.02 per basic and diluted common share.
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