High Sierra Technologies, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 15, 2022 at 04:25 pm
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High Sierra Technologies, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported net loss was USD 0.05192 million compared to USD 0.062209 million a year ago.
For the six months, net loss was USD 0.165974 million compared to USD 0.146956 million a year ago. Basic loss per share from continuing operations was USD 0.01 compared to USD 0.01 a year ago.
High Sierra Technologies, Inc. is focused on the business of its wholly owned subsidiary, High Sierra Technologies, Inc. (High Sierra). High Sierra originally owned two Provisional Patent Applications. The first Application describes a new and novel cannabis product that is produced by removing or significantly reducing the naturally occurring complement of volatile organic molecules from cannabis, which primarily consist of terpenes, and are collectively known as the essential oils. The second Application describes a new and novel cannabis product that is produced by further modifying a cannabis product based on the first Application containing cannabis plant material that has been previously modified by removing or significantly reducing the naturally occurring complement of volatile organic molecules, which primarily consist of terpenes, and are collectively known as the essential oils.