Published in Law and Health Weekly, September 24th, 2005
However, the company's cash position remained strong and operating cash flow exceeded $1.1 million for fiscal 2005.
For the quarter ended June 30, 2005, sales decreased 7% to $2,941,000 compared with $3,163,000 a year ago. Lower product sales were primarily a result of a reduction in the company's average selling prices. Fourth quarter sales increased slightly from third quarter sales. Gross margin for the fourth quarters of fiscal 2005 and 2004 was 61.6%.
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