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November 17 , 2021 PBI Pressure BioSciences Inc. Pressure BioSciences , Inc. Q3 Financial Results Maintain Solid 2021 YTD Growth Operational and Technical Achievements Set Stage for Expected Major Growth and Profitability in 2022 Investor Call Scheduled for Wednesday , November 17 , 2021 at 4:30 p.m. ET SOUTH EASTON , MA / ACCESSWIRE / November 17 , 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 financial results for the third quarter ended September 30 , 2021 , provided a business update , and offered guidance for an expected strong 2022 . Financial Highlights : Q3 2021 vs. Q3 2020 ( rounded to nearest hundred except EPS ) • Total revenue for Q3 2021 was $ 518,000 compared to $ 534,000 for the Q3 2020 , a decrease of 3 % . • Instrument sales for Q3 2021 were $ 274,200 compared to $ 312,700 for Q3 2020 , a decrease of 12 % . • Consumable sales for Q3 2021 were $ 46,000 compared to $ 49,000 for Q3 2020 , a decrease of 7 % . • BaroFold / UST services in Q3 2021 were $ 99,700 compared to $ 84,200 for Q3 2020 , an increase of 18 % . • New PBI Agrochem subsidiary had initial sales in Q3 2021 of $ 17,210 ( no sales in Q3 2020 ) . • Operating loss for Q3 2021 was $ 1,243,000 compared to $ 819,000 for Q3 2020 , an increase of 51 % . • Basic and diluted net loss per share was $ ( 0.82 ) for Q3 2021 improved from $ ( 1.02 ) for Q3 2020 . Financial Results : September 2021 YTD vs. September 2020 YTD ( rounded to nearest hundred except EPS ) • Total revenue for Sept 2021 YTD was $ 1,687,000 compared to $ 1,056,000 for Sept 2020 YTD , a 60 % increase . • Instrument sales for Sept 2021 YTD were $ 989,500 compared to $ 568,500 for Sept 2020 YTD , a 74 % increase . • Consumable sales for Sept 2021 YTD were $ 191,400 compared to $ 156,200 for Sept 2020 YTD , a 23 % increase . • BaroFold / UST services for Sept 2021 YTD were $ 241,800 vs. $ 128,100 for Sept 2020 YTD , an 89 % increase .