10:03 AM EST - ARIUS Research Inc. : reported a first quarter net loss of $2.6 million or $0.06 per share, compared to a net loss of $2.31 million or $0.05 per share in the year-ago quarter. Research and development costs for the quarter rose to $2.6 million, from $1.96 million in the same quarter prior year. General and administrative expenses for the quarter increased to $1.02 million, from $0.7 million in the last year quarter. The company's quarterly revenues increased to $1.05 million, from $0.11 million in the same quarter previous year. ARIUS Research Inc.
shares T.ARI are trading unchanged at $1.80.
