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August 19 , 2021 PBI Pressure BioSciences Inc. Pressure BioSciences , Inc. Reports Strong Second Quarter 2021 Financial Results Significant Growth Reported in Total Revenue ( 127 % ) , Instrument Sales ( 178 % ) , and BaroFold / UST Services ( 298 % ) ; Significant Decrease in Operating Loss ( 51 % ) Achieved Investor Call Scheduled for Thursday , August 19 , 2021 at 4:30 p.m. EDT SOUTH EASTON , MA / ACCESSWIRE / August 19 , 2021 / Pressure BioSciences , Inc. ( OTCQB : PBIO ) ( " PBI " or the " Company " ) , a leader in the development and sale of broadly enabling , pressure - based instruments , consumables , and platform technology solutions to the worldwide biotechnology , biotherapeutics , nutraceuticals , cosmetics , agriculture , and food & beverage industries , today reported continued strong financial results for the second quarter ended June 30 , 2021 , provided a business update , and offered guidance for the remainder of FY 2021 . Financial Results : Q2 2021 vs. Q2 2020 ( rounded to nearest hundred except earnings per share ) • Total revenue for Q2 2021 was $ 608,900 compared to $ 268,200 for the Q2 2020 , an increase of 127 % . • Instrument sales for Q2 2021 were $ 337,400 compared to $ 121,400 for Q2 2020 , an increase of 178 % . • Consumable sales for Q2 2021 were $ 43,700 compared to $ 50,900 for Q2 2020 , a decrease of 14 % . • BaroFold / UST services in Q2 2021 were $ 136,000 compared to $ 34,200 for Q2 2020 , an increase of 298 % • Operating loss for Q2 2021 was $ 646,300 compared to $ 1,330,600 for Q2 2020 , a decrease of 51 % • Basic and diluted net loss per share was $ ( 0.90 ) for Q2 2021 compared to $ ( 1.70 ) for Q2 2020 . Financial Results : 1st Half 2021 vs. 1st Half 2020 ( rounded to nearest hundred except earnings per share ) • Total revenue for 1H 2021 was $ 1,168,800 compared to $ 522,000 for the 1H 2020 , an increase of 124 % . • Instrument sales for 1H 2021 were $ 656,900 compared to $ 216,700 for 1H 2020 , an increase of 203 % . • Consumable sales for 1H 2021 were $ 145,700 compared to $ 107,100 for 1H 2020 , an increase of 36 % • BaroFold / UST services in 1H 2021 were $ 142,100 compared to $ 44,000 for 1H 2020 , an increase of 322 %