Mixed revenues in each of its business segments adversely affected radioisotope manufacturer International Isotopes' financials for the first quarter of 2013 (end-March 31).
Revenue for the first quarter slipped to $1.7 million, a 14% decrease from $1.9 million in the first quarter of 2012. The company's net loss for the quarter increased 13% to $669,000, compared with $590,000 for the same period last year.
International Isotopes cited increased interest expense associated with the convertible debenture the company entered into in July 2012.
