Citing high expenses from “intensified development efforts”...

Citing high expenses from “intensified development efforts” on a new product line, San Diego-based IRT Corp. reported a loss of $804,000, compared to a profit last year of $164,000, for the first quarter ended Sept. 29. Revenues increased 73% to $8.6 million.

For the nine months, the automated inspection, system survivability and hazardous-material control maker reported a loss of $1.7 million compared to earnings of $256,000 a year ago, on revenues of $16.6 million, up 78%.