ECOtality net loss shrinks to $291,641 in December; revenue declines

By Caroline Salls

Pittsburgh, Jan. 27 - ECOtality, Inc. reported a $291,641 net loss for December on $75,561 in revenue, according to its monthly operating report filed Monday with the Securities and Exchange Commission.

Those figures compared to a $975,303 net loss posed for November on $111,414 in revenue.

The company had $1.38 million in unrestricted cash as of Dec. 31, down from $3.31 million at the end of November.

ECOtality, a renewable energy company based in San Francisco, filed bankruptcy on Sept. 16 in the U.S. Bankruptcy Court for the District of Arizona. The Chapter 11 case number is 13-16126.

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