Table of Data
CLEAN DIESEL TECHNOLOGIES INC.
A Development Stage Company
STATEMENTS OF OPERATIONS
(In thousands, except per share data)
Three Months Ended Twelve Months Ended
Dec. 31, Dec. 31,
1999 1998 1999 1998
Sales $ 42 $ 7 $ 142 $ 46
Costs and expenses:
Cost of sales 24 5 81 29
General and
administrative 461 394 1,585 1,515
Research and
development 178 325 827 1,009
Patent filing and
maintenance 50 37 134 156
Loss from operations 671 754 2,485 2,663
Interest (income)
expense, net (15) (11) (44) 57
Cost of withdrawn
Rights Offering -- 17 -- 264
Net loss before
preferred dividend $ 656 $ 782 $ 2,441 $ 2,984
Preferred stock
dividend (non-cash) 131 -- 393 --
One-time imputed
non-cash preferred
dividend -- -- 1,750 --
Net loss $ 787 $ 782 $ 4,584 $ 2,984
Basic and diluted
loss per common
share $ 0.30 $ 0.31 $ 1.77 $ 1.19
Average number of
common shares
outstanding 2,594 2,517 2,594 2,517 |
