Revenues increased to $5.5 million, from $1.9 million during the fourth quarter of 2002.
R&D expenses for the quarter increased slightly to $6 million, from $5.7 million the year before.
Net losses amounted to $2.2 million, or $.07 per share, down from $9.3 million, or $.29 per share, during the year-ago period.
As of Dec. 31, Paradigm had cash, cash equivalents, and short-term investments of $10.2 million.
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