Revenue was off less than one percent, but Trey Resources, parent of Sage reseller SWK Technologies, turned in a sharp loss as general and administrative spending surged to $508,204, a jump of 82.1 percent from $279,139 in last year’s corresponding period. That was a major factor in the red ink of $789,416, which compared to net income of $542,682 in last year's corresponding period. The other major deduction, a $447,327 loss on revaluation of derivatives, compared to a loss of $432,156 a year earlier. Read more...