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For the nine months ended 30 September 2010, SESSolar Inc revenues increased from $1.3M to $5.5M. Netincome totaled $906K vs. loss of $764K. Revenues reflect anincrease in demand for the Company's products and servicesdue to favorable market conditions. Net Income reflectsPersonnel decrease of 14% to $403K (expense), Other gainincrease from $0K to $25K (income), Depreciation andamortization decrease of 40% to $33K (expense).
Period Ending: | Sep 30, 2010 | Jun 30, 2010 | Mar 31, 2010 | Dec 31, 2009 |
---|---|---|---|---|
Total Revenue | 4.1 | 1.38 | 0 | 0.04 |
Gross Profit | 0.93 | 0.66 | 0 | 0.01 |
Operating Income | 0.59 | 0.32 | -0.3 | -0.43 |
Net Income | 1.15 | 0.22 | -0.46 | -0.45 |
Period Ending: | Sep 30, 2010 | Jun 30, 2010 | Mar 31, 2010 | Dec 31, 2009 |
---|---|---|---|---|
Total Assets | 19.74 | 19.88 | 20.22 | 23.4 |
Total Liabilities | 16.7 | 18.05 | 18.64 | 21.45 |
Total Equity | 3.04 | 1.83 | 1.57 | 1.95 |
Period Ending: | Sep 30, 2010 | Jun 30, 2010 | Mar 31, 2010 | Dec 31, 2009 |
---|---|---|---|---|
Period Length: | 9 Months | 6 Months | 3 Months | 12 Months |
Cash From Operating Activities | 2.8 | 2.32 | 2.55 | -2.62 |
Cash From Investing Activities | 6.1 | -0.39 | -0.35 | -2.94 |
Cash From Financing Activities | -8.71 | -2.15 | -2.07 | 5.27 |
Net Change in Cash | -0.16 | -0 | 0.25 | -0.45 |
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