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So werde mal versuchen dem Wert ein wenig zu beobachten.... WILMINGTON, Mass.--(BUSINESS WIRE)--Nov. 13, 2002--Beacon Power Corporation (Nasdaq: BCON), a development stage company that designs, develops, configures, and offers for sale power systems that provide highly reliable, high-quality, uninterruptible electric power, today announced its financial results for the third quarter ended September 30, 2002. For the third quarter of 2002, Beacon Power reported a net loss of $9.2 million, or ($0.21) per share, as compared to a net loss of $7.6 million, or ($0.18) per share in the third quarter of 2001. In the third quarter of 2002, the company spent $1.3 million in R&D, $1.1 million in SG&A and had depreciation costs of $.5 million. As a result of the overall economic downturn and in particular the significant decline in capital and maintenance spending in telcom, the Company as required by Statement of Financial Accounting Standards No. 144 "Accounting for the Impairment or Disposal of Long-Lived Assets" has evaluated its property and equipment. The Company has determined that a significant portion of its facility and equipment are underutilized and are unlikely to have future economic value to the Company. Based on this evaluation, a non-cash impairment charge of $6.5 million composed of long-lived asset impairment charges of $4.3 million, and net-restructuring charges of $2.2 million has been recorded. "We continue to focus on the need to conserve cash, our current cash position is $21.8 million which at our reduced cash burn rate will be sufficient to fund operations for the next 24 months while we continue necessary product development and operational goals, such as UL approval of our electronics. At the same time, we continue to explore larger scale high-power and high-energy system opportunities for our products in the power distribution industry. As the leading composite flywheel organization, we believe we are positioned to offer customers and partners high-performance power quality and stored energy solutions based on environmentally friendly, sustainable technology," said Bill Capp, Beacon Power CEO and President. |
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| aus der Diskussion: | DIE alternative Energiequelle, das FLYWHEEL-system ? |
| Autor (Datum des Eintrages): | konstanter (20.12.02 13:48:38) |
| Beitrag: | 12 von 16 (ID:8149008) |
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