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Rockwell Medical Technologies Inc. (Nasdaq:RMTI), Sales were $12.0 million; $2.7 million less than third quarter 2010 due primarily due to lower international sales. Sales increased 1.5% sequentially over the second quarter of 2011. Gross profit was $1.4 million; $1.0 million less than third quarter of 2010 due to lower sales volumes and inflationary cost increases. SG&A decreased 6.6% from the third quarter of 2010 due to lower non-cash charges for equity compensation. R&D expense increased to $4.2 million, compared to $0.7 million in third quarter of 2010. Net loss was ($5.0) million, compared to a net loss of ($0.7) million in third quarter of 2010.
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