What you try to do involves a lot of parsing, as others have explained already. Parsing data is a tedious and time consuming task normally, but Labview fortunately offers quite some functions to assist you. Unfortunately, however, one needs some experience to apply them. I assembled a VI (see attachment) which probably comes close to want you want.
When you look into its code you will see some of the parsing techniques. Also notice that I tried to bring the string data from the original file into some other, more useful structure. I do not claim to always have chosen the optimum structure.
Also I did not do any error checking. So I noticed at the end, that some of the data (although contained in the original file) are missing in the summary produced by my VI. The resaon seems to be an inconsistent use of delimiter characters in that file: mostly individual entries are delimited by a series of blank characters, but sometimes an entry is missing (eg. do some of the lines neither contain 'Pass' or 'Fail', but just another blank instead. Since I took a series of consecutive blanks as a delimiter, my counting of entries had to fail.
Try to get a more consistently created raw-data file, e.g. one where tab characters are used as delimiters. Otherwise the parsing will be unnecessarily complicated.
Good luck
-Franz
