what does this mean???its stock subject its an (overview of the company)?

Question

For the nine months ended 31 December 2006, Oculus Innovative Sciences, Inc.'s revenues totaled $3.4M, up from $1.7M. Net loss continuig operation decreased 12% to $13.5M. Revenues reflect largest sales from India, M U.S., Europe and Mexico. Higher loss reflect increased researchand development expense, higher selling, general & administrative expense and presence of loss from operation of discontinued business.
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This summary was updated 23 February 2007.

Answer 1

The Company is losing money, but it is losing less than it was previously. All of the losses are not from the ordinary operations of the company, some of it is due to discontinuing a part of the business. (That means it is a one time loss, not a continuing loss.) They are required to tell you exactly how much this loss was. Also the Company is trying to confuse you by not explaining the continuing operational losses.

You said their net loss from operations decreased. You also referred to higher losses and have operational expenses listed. These can not both be true. You can answer some of these questions yourself by comparing past financial statements to the current ones.