DigitalPost Interactive Inc. (DGLP.OB) said its third-quarter net loss narrowed to $600,900 from $883,800 in third-quarter 2008. Net loss for third-quarter 2009 includes non-cash items of $171,500 in stock-based compensation, $155,000 of amortization of debt discounts, $187,100 of beneficial conversion liability and $42,800 of depreciation and amortization.
Total revenue for the latest quarter grew 160% to $371,600, from $142,700 in third-quarter 2008. Revenue from subscriptions rose 180%, and revenue from professional services increased 147%.
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