Signal Advance, Inc. Reports Earnings Results for the Nine Months Ended September 30, 2020
November 09, 2020
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Signal Advance, Inc. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced total revenue was USD 6.347 million. Net income was USD 6.254 million compared to net loss of USD 75,953 a year ago.
Signal Advance, Inc. is engaged in research and technology development and commercialization. The Company is developing its Signal Advance technology for implementation in various applications. This technology can reduce signal detection delay for a variety of analog signals that originate from a broad range of physical sensors. Signal Advance technology acts to temporally advance analog signal detection, offsetting detection and processing delays and, thus, improving overall system response time. Its technology can be applied to various sensors in several general sensor categories. The Company is focused on cybersecurity applications (Analog Guard). In analog encryption, complex phase-linked temporal non-linear modulation is under development for use in applications to cybersecurity, specifically, analog encryption. The Company serves various markets, including biomedicine, industrial control/infrastructure, transportation, cyber-security, communications, and defense.