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Collectibles company L.L. Knickerbocker Co. Inc. in Lake Forest reported a net loss $1.2 million, or 2 cents a share, for the first quarter, compared with a loss of $1.4 million, or 3 cents a share, a year earlier. Sales declined 25% to $5.4 million . . .

Nexell Therapeutics Inc., an Irvine biotechnology company, posted a loss $6.1 million, or 39 cents a share, for the first quarter, compared with a net loss of $7.7 million, or 51 cents a share, for the first quarter of 2000. Revenue was unchanged at $4.8 million . . .

Internet security company Litronic Inc. in Irvine said its net loss for the first quarter was $2.4 million, or 24 cents a share, compared with a net loss of $3.5 million, or 35 cents a share, for the same quarter last year. Revenue declined 4% to $4.5 million.

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