Nestor’s annual loss rises 10.7% to $7.49M

PROVIDENCE – For the year ended Dec. 31, Nestor Inc. (Nasdaq: NEST) today posted a net loss of $7.491 million, an increase of 10.7 percent from the company’s 2005 loss of $6.764 million. Contributing to the loss was $4.87 million in non-cash adjustments, including $2.51 million for adopting reporting requirements for stock-based compensation and $2.37…

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