That compares with a net loss in the same period last year of $13.2 million, and amounts to an actual loss in the quarter of $30.9 million on revenues of $4.1 million.
But TMTA offered some hope for the future, saying that it is beginning to make volume shipments of its Crusoe TM5800 products to its customers, according to Murray Goldman, now the chairman of the company.
He said that Transmeta customers had started receiving shipments of these chips since February.
We reported earlier this year that its major foundry partner, TSMC, had given priority to Transmeta after it run into problems during the last quarter of 2001.
One of our lovely readers asked us why we have started placing "footprints in the sand" in the middle of Intel mobile supremo Anand Chandrasekher.
This is quite simple. At the Intel Developer Forum in February, Mr Chandasekher admitted that despite masses of anti-Transmeta propaganda when it first introduced the Crusoe family, customers, in fact, quite liked the low power, small form factor approach that the X86 compatible processor offered.
That realisation had led directly to Intel deciding to rip up its mobile processor roadmap and to design the "Banias" chip.
The share price of Transmeta rose yesterday by about 10 per cent.µ