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ECOtality reports net income of $192,470 for March on zero revenue
By Kali Hays
New York, April 25 - ECOtality, Inc. reported a net income of $192,470 for March on zero revenue, according to its monthly operating report filed Friday with the U.S. Bankruptcy Court for the District of Arizona.
In comparison, the company posted a $207,494 net loss for February, also on zero revenue.
The company also reported $982,698 in unrestricted cash as of March 31, up from $803,638 at the end of February.
ECOtality, a renewable energy company based in San Francisco, filed bankruptcy on Sept. 16, 2013 in the U.S. Bankruptcy Court for the District of Arizona. The Chapter 11 case number is 13-16126.
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