Oklahoma City's The Beard Company today reported losses for the third quarter and first nine months of 2010.

For the quarter ended September 30, 2010, the company reported a net loss of $656,000, or $0.03 per diluted share, compared with a net loss of $1,137,000, or $0.06 per diluted share, in the third quarter of 2009.  Revenues totaled $244,000 in the most recent quarter, versus $63,000 in the prior-year period.

The company reported a net loss of $2,403,000, or $0.12 per share, for the nine months ended September 30, 2010, compared with net earnings attributable to common shareholders of $3,713,000, or $0.18 per diluted share, in the corresponding period of the previous year.  Revenues in the first nine months of 2010 totaled $488,000, versus $411,000 in the nine months ended September 30, 2009.