Las Vegas, NV -- (SBWIRE) -- 12/23/2013 -- Applied DNA Sciences Inc (OTCMKTS: APDN) is an innovative company that ensures security of merchandise by offering security solutions based on botanical materials. The company’s clients use these products to guarantee security of commodities and minimize risks of theft. The company facilitates in reducing illegal copying. It manufactures DNA IDs which detect ATM frauds.
APDN shared the discussion on financial performance during Year Ended September 30, 2013 and its comparison with the Year Ended September 30, 2012. The company had $2.03 million revenues during Year Ended September 30, 2013 and $1.85 million revenues during Year Ended September 30, 2012. The sales to Defense Logistics Agency caused increase in revenues.
The company had total operating expenses of $12.21 million and it suffered a net loss of $17.68 million during Year Ended September 30, 2013.
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