Puradyn Filter Technologies Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company's net sales were approximately $574,500 compared to approximately $751,500 for the same period in 2012, a decrease of approximately $177,000 or 24%. The company reported a net loss of $416,685 or $0.01 per share, basic and diluted compared to a net loss of $231,979 or $0.01 per share, basic and diluted, for the same period in 2012. Operating losses increased to $366,571 from $338,469 as compared to the same time period in 2012, an increase of $28,102 or 8.3%. Net loss before income tax expense was $416,685 against $231,979 for the same period a year ago.

Puradyn Filter Technologies Inc. reported consolidated financial results for the year ended December 31, 2012. Net sales decreased 4.1% in 2012 compared to 2011, or net sales of $2.57 million in 2012 compared to net sales of $2.68 million in 2011. The decrease was attributable primarily to one of its international customers slowing their demand for its product due to a reduction in their operations. International sales decreased approximately 32.7% in 2012 compared to 2011 and domestic sales increased approximately 4.8% in 2012 compared to 2011. Net loss in 2012 was approximately $2.23 million or $0.05 per share, basic and diluted, as compared to a net loss of approximately $1.61 million or $0.04 per share, basic and diluted in the previous year. Loss from operations remained consistent at approximately $1.44 million in 2012 and 2011.

Puradyn Filter Technologies Inc. announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2012. Net sales for the three months ending September 30, 2012 decreased $82,217, or 15%, from $554,960 for the three months ended September 30, 2011 to $472,743 for the three months ended September 30, 2012. The company reported a net loss of approximately $1.12 million or $0.02 per share, basic and diluted, for the quarter ended September 30, 2012, compared to a net loss of approximately $497,000 or $0.01 per share, basic and diluted, for the same period in 2011. For the quarter, loss from operations was $464,226 and loss before income taxes was $1,120,710 against loss from operations of $450,972 and loss before income taxes of $497,084 a year ago. Net sales year-to-date for the nine-month period increased by 4.7% or $90,600; from approximately $1.94 million in 2011 to approximately $2.03 million in 2012. The company reported net loss of approximately $1.63 million or $0.03 per share, basic and diluted for the nine months ended September 30, 2012 compared to a net loss of approximately $1.28 million or $0.03 per share, basic and diluted, for the same period in 2011. For the nine months, loss from operations was $1,033,678 and loss before income taxes was $1,625,809 against loss from operations of $1,146,390 and loss before income taxes of $1,275,050 a year ago. The net loss for the nine months ended September 30, 2012 includes $611,250 representing the balance due on the promissory notes due from Richard C. Ford, the company's former Chief Executive Officer, and reduced by the estimated value of the shares received, and the shares to be received, under the settlement.