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Published on 6/10/2014 in the Prospect News Distressed Debt Daily.

Ecotality reports net loss of $32,942 for April period, zero revenue

By Kali Hays

New York, June 10 – Ecotality, Inc. reported a net loss of $32,942 for April on zero revenue, according to its monthly operating report filed June 9 with the U.S. Bankruptcy Court for the District of Arizona.

In comparison, the company posted a net income of $192,470 for March, also on zero revenue.

The company also reported $981,595 in unrestricted cash as of April 30, a slight decrease from $982,698 as of March 31.

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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