Senesco Technologies Inc. (SNT) announced that its first-quarter net loss was $189,296 or $0.01 per share, compared with a net loss of $1.18 million or $0.06 per share in the year ago quarter. This decrease in net loss was primarily the result of an increase in non-cash income related to the change in fair value of a warrant liability, which was partially offset by an increase in operating expenses and non-cash expenses associated with the outstanding convertible notes and a decrease in revenue and interest income. The company did not generated revenues for the latest quarter. Revenues for the prior year quarter were $200 thousand.
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