Patriot Scientific Corp. said its normalized net income for the fiscal third quarter ended Feb. 29 amounted to a loss of $332,420, compared with income of $15,200 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 $531,870, or a loss of 0 cents per share, compared to income of $24,310, or 0 cents per share, in the year-earlier period.
