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iSign Solutions (OTC PINK:ISGN) reported a 14% increase in revenue to $966,000 for the year ending December 31, 2020, compared to $844,000 in 2019. The company maintained prudent expense management, with operating expenses decreasing slightly to $1,619,000. Net loss improved by 51% to $528,000, driven by reduced operating loss and increased other income. iSIGN expects continued growth in transaction volumes, starting 2021 at historic levels despite challenges from the pandemic. Detailed results are forthcoming in the 10-K filing with the SEC.
iSign Solutions Inc. (OTC PINK:ISGN) reported a 14% revenue increase to $242,000 for Q3 2020, compared to $213,000 in the previous year. Despite a slight operating performance improvement, operating expenses rose by 37% to $562,000. The net loss decreased by 89% to $30,000, aided by a gain from settling accounts payable. CEO Philip Sassower indicated stable transaction volumes, although uncertainty looms due to new lockdown measures. Further financial details will be disclosed in the upcoming 10-Q filing.
iSign Solutions Inc. (ISGN) reported steady second-quarter results for 2020, maintaining total revenue at $227,000, equal to the previous year's performance. Operating expenses declined by 7% to $388,000, mainly due to reduced admin costs. Although the company incurred a net loss of $181,000, this represented a 27% decrease from last year. The CEO noted increased interest in their solutions, anticipating growth trends post-summer. The company's financial data will be further detailed in their upcoming 10-Q filing.