Fonix reports net loss for '05

Salt Lake-based Fonix Corp. late Monday reported a net loss attributable to common shareholders of $23.9 million, or 9 cents per share, for 2005. That compares with a loss of $19.1 million, or 21 cents per share, for 2004.

The 2005 results include a non-cash charge for LecStar of $1.1 million for impairment loss on the brand name asset and $2.2 million for impairment loss on the customer base acquired in connection with the acquisition.

Revenues for 2005 totaled $16.2 million, up from $14.9 million.

The company provides telecommunications services and speech technologies. It has three subsidiaries: Fonix Speech Inc., Fonix Telecom Inc. and LecStar Telecom Inc.