Urethane Technologies: The Irvine developer of proprietary...

Urethane Technologies: The Irvine developer of proprietary polyurethane technology said it posted a loss of $3.2 million, or 59 cents a share, for 1992. The loss, which included a litigation settlement expense of $500,000, compared to a loss of $2.2 million, or $1.09 a share, for the previous 12 months. Annual revenue was $2.1 million, up from $1.4 million. For the fourth quarter, the company reported a loss of $675,063, compared to a loss of $856,033 for the same period a year earlier. Three-month revenue rose to $447,100 from $184,795.