NEW HAVEN, Conn. (AP) _ Bioasis Technologies Inc. (BIOAF) on Thursday reported a fiscal third-quarter loss of $1 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the New Haven, Connecticut-based company said it had a loss of 2 cents.

The biotech drug developer posted revenue of $30,000 in the period.

In the final minutes of trading on Thursday, the company's shares hit 24 cents. A year ago, they were trading at 46 cents.

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