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.