For the 6 months reporting period ending June 30, 2023, 2022, total operating expenses declined 2, total operating expenses declined 34% to $7,420,000 from $11,290,000 respectively. The reduction in total operating expenses was primarily due to a 4,730,000 dollars non cash expense associated with goodwill and intangible asset impairment offset by lower selling, general and administrative costs reported for the 6 months ended June 30, 2020 2. As a result of the higher sales and lower operating expenses, our total operating loss decreased 24% to 2,730,000 30, 2023, as compared to 3,650,000 reported for the same 3 months in 2022. For the 6 month period in 2023 and 2022, operating losses declined 52 percent to $5,110,000 from $10,590,000 respectively. For the aforementioned reasons and after factoring total other income and expense of approximately $503,000 and provision for income taxes of $6,400 net loss from continuing operations for the 3 months ended June 30, 2023 totaled $3,290,000 a 10% decrease from $3,660,000 reported for the same 3 months in the prior year after factoring total other income and expense of approximately $23,000 and provision for income taxes of $700,000 For the 6 months ended June 30, 2023, the company's net loss from continuing operations decreased from continuing operations decreased 44% to $5,970,000 after factoring approximately $823,000 in total other income and expense and provision for income taxes of $37,000 This compared to a net loss from continuing operations of $10,600,000 for the 6 months ended June 30, 2022, after factoring roughly $31,000 in total other income and expense and a provision for income taxes of $700 During the 3 6 month reporting periods in 2023, total other income and expense was largely attributable to interest and other expenses associated with our bank lines of credit, coupled with accounting for the change in the fair value of our convertible debenture, offset by higher interest income earned on its cash on hand.
