PeerLogix Inc. said its normalized net income for the first quarter came to a loss of $234,970, compared with a loss of $62,070 in the year-earlier period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

Reported net income totaled a loss of $375,950, or a loss of 2 cents per share, compared to a loss of $99,310, or a loss of 1 cents per share, in the prior-year period.