Flame Seal Products, Inc. reported earnings results for the year 2013. Sales for 2013 were $1,913,017 versus sales of $1,381,407 for 2012. The represents a year over year increase of 38%.

For the year 2013 FLMP lost $632,428. The losses were reduced significantly in the second half of the year. In fact, many expenses have been permanently eliminated from the income statement.

If loss for 2013 is adjusted and reduced for these non-recurring items, the company's accrued loss for the year would have been reduced to $294,669.