| Address:
|
204 EDISON WAY
N/A |
| City: |
RENO |
|
State: |
NV |
|
Zip Code: |
89502 |
| Telephone: |
(775) 858-3744 |
|
Description of Business
|
Primary SIC Code:
2890 |
| (As filed with the SEC)
|
|
|
We are a Canadian corporation, with principal assets and operations in the
United States, whose primary business is developing and commercializing
nanomaterial and titanium dioxide pigment technologies. We are organized into
three divisions, a Power and Energy Group (formally known as the Advanced
Materials and Power Systems Division), a Performance Materials Division, and a
Life Sciences Division. Our research, development, production and marketing
efforts are currently directed toward three primary market applications that
utilize our proprietary technologies:
ยท Power and Energy Group
o The design, development, and production of our nano lithium Titanate battery
cells, batteries, and battery packs as well as related design and test
services. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 12/2009 | -0.21 | NA | N/E | | 09/2009 | -0.23 | NA | N/E | | 06/2009 | -0.30 | NA | N/E | | 03/2009 | -0.31 | NA | N/E | | 12/2008 | -0.34 | NA | N/E | | 09/2008 | -0.48 | NA | N/E | | 06/2008 | -0.47 | NA | N/E | | 03/2008 | -0.48 | NA | N/E |
Key Financial Ratios and Statistics |
FYE:
12/31 |
| Profitability |
2009 |
Leverage |
2009 |
| Net Inc/Comm Equity | -0.11 | Total Liab/Total Assets | 0.11 | | Net Inc/Total Assets | -0.53 | Total Liab/Inv Cap | 0.13 | | Net Inc/Inv Cap | -0.60 | Total Liab/Comm Equity | 0.02 | | Pretax Inc/Net Sales | -5.02 | Interest Coverage Ratio | -203.96 | | Net Inc/Net Sales | -4.88 | Curr Debt/Equity | 0.02 | | Cash Flow/Net Sales | -5.40 | LTD/Equity | 0.00 | | SG&A/NetSales | 2.69 | Total Debt/Equity | 0.02 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 5.34 | Quick Ratio | 5.21 | | Inventory Turnover | 0.45 | Current Ratio | 6.45 | | Inventory Day Sales | 0.00 | Net Rec/Curr Assets | 0.03 | | Net Sales/Work Cap | 0.20 | Inv/Curr Assets | 0.19 | | Net Sales/PP&E | 0.40 | | |
Income Statement (Millions) |
| |
12/31/2009
|
9/30/2009
|
6/30/2009
|
3/31/2009
|
|
Total Revenues(Net Sales)
|
1.81
|
1.48
|
0.18
|
0.90
|
|
Cost of Goods Sold
|
0.57
|
0.24
|
0.16
|
0.19
|
|
Selling & Admin Exps
|
2.20
|
2.76
|
3.38
|
3.43
|
|
Operating Income
|
-5.66
|
-4.24
|
-6.49
|
-6.47
|
|
Interest Exp
|
0.11
|
-0.03
|
0.01
|
0.02
|
|
Pretax Income
|
-5.65
|
-3.40
|
-6.45
|
-6.44
|
|
Other Income
|
0.12
|
0.81
|
0.05
|
0.05
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
-5.22
|
-3.21
|
-6.50
|
-6.39
|
|
Assets
|
12/31/2009
|
9/30/2009
|
6/30/2009
|
3/31/2009
|
|
Cash & Short Term Investments
|
18.63
|
24.71
|
28.69
|
22.40
|
|
Receivables - Total
|
0.68
|
0.62
|
0.21
|
0.49
|
|
Inventories - Total
|
5.04
|
3.72
|
0.64
|
0.11
|
|
Total Current Assets
|
26.17
|
30.88
|
31.26
|
23.52
|
|
Net Property, Plant & Equipment
|
10.88
|
12.55
|
13.21
|
13.55
|
|
Total Assets
|
40.32
|
47.78
|
50.41
|
41.48
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
3.25
|
4.21
|
3.69
|
2.99
|
|
Debt in Current Liabilities
|
0.81
|
0.93
|
0.64
|
NA
|
|
Total Current Liabilities
|
4.06
|
5.14
|
4.33
|
3.68
|
|
Long-Term Debt
|
0.04
|
0.04
|
0.05
|
0.05
|
|
Total Liabilities
|
4.63
|
6.12
|
4.38
|
4.78
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
0.54
|
0.94
|
NA
|
1.04
|
|
Preferred Stock
|
NA
|
NA
|
NA
|
NA
|
|
Common Stock
|
188.52
|
188.53
|
188.44
|
180.13
|
|
Retained Earnings
|
-162.20
|
-156.99
|
-153.67
|
-147.28
|
|
Treasury Stock
|
NA
|
NA
|
NA
|
NA
|
|
Total Stockholders' Equity
|
35.68
|
41.66
|
46.04
|
36.71
|
|
Total Liabilities and Stockholders' Equity
|
40.32
|
47.78
|
50.41
|
41.48
|
Cash Flow Summary (Millions) |
|
Categories
|
12/31/2009
|
9/30/2009
|
6/30/2009
|
3/31/2009
|
|
Net Cash Provided by Operating Activities
|
-5.57
|
-6.94
|
-5.78
|
-5.30
|
|
Net Cash Provided by Investing Activities
|
-0.15
|
1.87
|
-0.23
|
-0.25
|
|
Net Cash Provided by Financing Activities
|
-0.09
|
0.31
|
12.76
|
-0.60
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 12/2005 | 2.81 | -9.94 | -0.17 | | 12/2006 | 4.32 | -17.20 | -0.29 | | 12/2007 | 9.11 | -31.47 | -0.45 | | 12/2008 | 5.73 | -29.07 | -0.34 | | 12/2009 | 4.37 | -21.31 | -0.21 | | Growth Rates | 11.71 | -- | -- |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/09 | 45 | 11,910 | 11.30 |
|
Report Date :
3/15/2010
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