Kaypro reported a loss of $803,619 for...

Kaypro reported a loss of $803,619 for its third quarter despite a 27% increase in sales. The Solana Beach computer maker said part of the loss related to the reversal of a credit for tax-loss carryforwards, which increased the loss for the quarter by $322,000. The company cited several reasons for reduced profitability, including an increase in promotional and advertising expenses, the opening of new sales and service offices and a reduction in the net prices of computer models sold.