Suniva net loss widens to $889,951 in April; still no revenue reported

By Caroline Salls

Pittsburgh, June 6 – Suniva, Inc. reported an $889,951 net loss for April on zero revenue, according to its monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the District of Delaware.

In comparison, Suniva posted a $653,074 net loss for March, also on zero revenue.

The company had $10,684 in unrestricted cash and equivalents as of April 30, the same as at the end of March.

Suniva, a Norcross, Ga.-based manufacturer of high-efficiency crystalline silicon photovoltaic solar cells and high-power solar modules, filed bankruptcy on April 17, 2017. The Chapter 11 case number is 17-10837.

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