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SALT LAKE CITY -- CirTran Corp., perhaps the world's only combination EMS/beverage provider, saw its quarterly net loss jump $2.1 million, mostly on non-cash charges.

 

For the quarter ended March 31, the firm reported a loss from operations of $779,242, down 2% from a loss of $796,471 a year ago. Net sales fell 33% to $1.92 million.

The company’s net loss of $2.25 million was primarily attributable to a non-cash charge on derivative valuation of $1.3 million.


 

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