Revenue for the three months ended June 30, 2005, of $0.7 million sequentially was unchanged from first quarter level. Revenue for the three and six months ended June 30, 2005 was $0.7 million and $1.3 million as compared to $1.4 million and $2.0 million for the same periods ended June 30, 2004.
Net loss and loss per share applicable to common stock for the three and six months ended June 30, 2005 was $4.5 million, or $0.05 per share and $8.0 million, or $0.10 per share as compared to a net loss of $1.4 million or $0.02 per share and $8.0 million, or $0.14 per share during the three and six month periods ended June 30, 2004.
Balance sheet showed $8.7 million in working capital at June 30, 2005 as compared to $14.9 million on December 31, 2004.
"I'm pleased to report that we are shipping our newest product, the Z800 3DVisor, to direct consumer customers as well as OEMs. We believe that this product represents a major breakthrough for the emerging virtual imaging industry," said Gary Jones, chief executive officer of eMagin.
