Bolder Reports 1999 Fourth-Quarter Financial ResultsFebruary 23, 2000 by Jeff Shepard
Bolder Technologies Corp. (Golden, CO) recently announced financial results for its fourth quarter and year ended December 31, 1999. In the fourth quarter, Bolder reported net revenues of $1.8 million, compared with net revenues of $663,000 in the 1998 fourth quarter. Net loss for the fourth quarter of 1999 was $9.1 million, or $0.70 per share, compared with a net loss of $3.2 million, or $0.33 per share, in the fourth quarter of 1998.
For the year, Bolder reported net revenues of $2.0 million compared to $2.5 million in 1998. The company also reported a 1999 net loss of $22.1 million, or $1.97 per share, compared with a 1998 net loss of $11.7 million, or $1.22 per share.