$ASTI Total operating costs and expenses for the three months ended September 30, 2016 decreased substantially by approximately $2.3M as compared to the same period last year. As a result, net operating loss for the third quarter of 2016, improved by roughly 21% ($1.5M); down from a $7M loss for the same period in 2015 to approximately $5.5M. Sequentially, the operating results also represented approximately 22% improvement as compared to $7.1M operating loss in second quarter 2016.

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