08:32 AM EDT, 04/03/2025 (MT Newswires) -- Acceleware ( ACWRF ) said overnight Wednesday that its comprehensive income and revenue increased in the fourth quarter of 2024.

The company posted comprehensive income of $851,242 for the three months ended Dec. 31, 2024, rising from $617,748.

Revenue surged to $1.9 million from $43,590 after recognizing deferred revenue related to a contract with one oil sands producer when all deliverables were provided.

Acceleware's ( ACWRF ) business units include radio frequency heating for industrial applications using the company's proprietary Clean Tech Inverter, including enhanced oil recovery, as well as scientific high-performance computing.