- Net Sales were a record $5,950,000 (+$2,094,000 or +54%)
- Natural astaxanthin sales increased 97%, primarily due to an increase of 94% in bulk astaxanthin products. Packaged astaxanthin sales increased 108%.
- Spirulina sales increased 12%, primarily due to an increase of 35% in packaged spirulina sales. Bulk spirulina sales increased by 2%.
- Cash increased to $3,109,000 (+$2,241,000 or +258%)
- Inventories declined to $2,809,000 (-$1,368,000 or -33%)
Cyanotech Reports Financial Results For The First Quarter Of Fiscal 2012
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