| 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, manufacturing and selling
our nano lithium titanate battery products. Our primary focus is marketing our
large-scale energy storage solutions to power companies and electric grid
operators throughout the world. In addition, we market our battery products to
electric and hybrid-electric mass-transit vehicle manufacturers. During 2010 we
also started to expand our market focus to include use of our battery technology
in additional industrial markets with applications requiring batteries that can
provide high power quickly, a fast recharge, have a long cycle life, operate at
a wide temperature range and are safe.
We also provide contract research services on select projects where we can
utilize our resources to develop intellectual property and/or new products and
technology. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 09/2011 | -0.61 | NA | N/E | | 06/2011 | -0.73 | NA | N/E | | 03/2011 | -0.82 | NA | N/E | | 12/2010 | -0.84 | NA | N/E | | 09/2010 | -3.20 | NA | N/E |
Key Financial Ratios and Statistics |
FYE:
12/31 |
| Profitability |
2010 |
Leverage |
2010 |
| Net Inc/Comm Equity | -0.11 | Total Liab/Total Assets | 0.29 | | Net Inc/Total Assets | -0.92 | Total Liab/Inv Cap | 0.41 | | Net Inc/Inv Cap | -1.30 | Total Liab/Comm Equity | 0.03 | | Pretax Inc/Net Sales | -2.86 | Interest Coverage Ratio | -1178.74 | | Net Inc/Net Sales | -2.85 | Curr Debt/Equity | 0.01 | | Cash Flow/Net Sales | -1.94 | LTD/Equity | 0.00 | | SG&A/NetSales | 1.48 | Total Debt/Equity | 0.01 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 7.83 | Quick Ratio | 1.19 | | Inventory Turnover | 0.98 | Current Ratio | 2.17 | | Inventory Day Sales | 0.00 | Net Rec/Curr Assets | 0.09 | | Net Sales/Work Cap | 0.96 | Inv/Curr Assets | 0.45 | | Net Sales/PP&E | 0.90 | | |
Income Statement (Millions) |
| |
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Total Revenues(Net Sales)
|
0.86
|
0.48
|
2.55
|
3.11
|
|
Cost of Goods Sold
|
0.53
|
0.69
|
2.79
|
2.34
|
|
Selling & Admin Exps
|
3.55
|
2.13
|
3.22
|
2.23
|
|
Operating Income
|
-5.10
|
-4.00
|
-5.90
|
-3.99
|
|
Interest Exp
|
0.10
|
0.05
|
0.01
|
0.01
|
|
Pretax Income
|
-5.87
|
-3.03
|
-5.91
|
-6.01
|
|
Other Income
|
-0.70
|
1.04
|
-0.02
|
-2.71
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
-5.87
|
-3.03
|
-5.91
|
-6.01
|
|
Assets
|
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Cash & Short Term Investments
|
53.44
|
2.58
|
5.71
|
4.70
|
|
Receivables - Total
|
0.84
|
0.91
|
0.94
|
1.32
|
|
Inventories - Total
|
6.84
|
6.21
|
5.92
|
6.83
|
|
Total Current Assets
|
63.36
|
11.98
|
14.73
|
15.11
|
|
Net Property, Plant & Equipment
|
7.87
|
8.12
|
8.40
|
8.73
|
|
Total Assets
|
71.59
|
20.48
|
23.53
|
24.26
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
8.40
|
4.79
|
6.51
|
4.21
|
|
Debt in Current Liabilities
|
1.52
|
1.52
|
0.10
|
0.22
|
|
Total Current Liabilities
|
12.98
|
7.96
|
8.13
|
6.95
|
|
Long-Term Debt
|
0.00
|
0.01
|
0.01
|
0.02
|
|
Total Liabilities
|
12.98
|
7.96
|
8.14
|
6.96
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
NA
|
NA
|
NA
|
0.00
|
|
Preferred Stock
|
NA
|
NA
|
NA
|
NA
|
|
Common Stock
|
245.62
|
193.44
|
193.37
|
189.49
|
|
Retained Earnings
|
-199.30
|
-193.43
|
-190.40
|
-184.49
|
|
Treasury Stock
|
NA
|
NA
|
NA
|
NA
|
|
Total Stockholders' Equity
|
58.61
|
12.52
|
15.40
|
17.30
|
|
Total Liabilities and Stockholders' Equity
|
71.59
|
20.48
|
23.53
|
24.26
|
Cash Flow Summary (Millions) |
|
Categories
|
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Net Cash Provided by Operating Activities
|
-4.68
|
-4.32
|
-4.52
|
-5.32
|
|
Net Cash Provided by Investing Activities
|
-0.04
|
-0.22
|
-0.07
|
2.61
|
|
Net Cash Provided by Financing Activities
|
55.59
|
1.41
|
5.61
|
-0.14
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 12/2006 | 4.32 | -17.20 | -- | | 12/2007 | 9.11 | -31.47 | -- | | 12/2008 | 5.73 | -29.07 | -- | | 12/2009 | 4.37 | -21.31 | -- | | 12/2010 | 7.83 | -22.29 | -0.84 | | Growth Rates | 16.00 | -- | -- |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/11 | 32 | 1,975 | 2.84 |
|
Report Date :
1/30/2012
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