Patriot Scientific Corp. said its normalized net income for the fiscal second quarter ended Nov. 30, 2015, came to a loss of $54,010, compared with a loss of $271,640 in the prior-year period.
Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.
Reported net income totaled a loss of $86,420, or a loss of 0 cents per share, compared to a loss of $434,630, or a loss of 0 cents per share, in the year-earlier period.
