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Published on 12/29/2014 in the Prospect News Distressed Debt Daily.

KiOR reports $4 million loss from operations during November period

By Kali Hays

New York, Dec. 29 – KiOR, Inc. showed a $3.99 million loss from operations for the period of Nov. 9 through Nov. 30 on total revenue of $2.73 million in an 8-K filed Dec. 24 with the Securities and Exchange Commission.

The net loss for the period was $4.74 million and KiOR listed cash and cash equivalents of $276,670 as of Nov. 30.

KiOR is a Pasadena, Texas-based development-stage, next-generation renewable fuels company that filed for bankruptcy on Nov. 10. The Chapter 11 case number is 14-12514.


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