Company Information

  

Address: 4740 GREEN RIVER ROAD
SUITE 106 
City: CORONA 
State: CA 
Zip Code: 92880 
Telephone: (951) 407-9860 X205 

Description of Business

Primary SIC Code: 3714
(As filed with the SEC)  

We design and cause to be designed advanced zero-emission electric and hybrid drivetrain systems for integration in new school buses and medium to heavy-duty commercial fleet vehicles. We also design and cause to be designed patented conversion kits to replace conventional drivetrain systems for combustion powered vehicles with zero-emission electric or hybrid drivetrain systems. The hybrid drivetrain systems are available in both an assistive hybrid format and a full-traction format for use in private and commercial fleet vehicles of all sizes. We expect to expand our product offerings to include the sale of zero-emission systems in vehicles manufactured by outside original equipment manufacture (OEM) partners, can be marketed, sold, warrantied and serviced through our developing distribution and service network. Our drivetrain systems can be built with optional telemetrics for remote monitoring, electric power-export and various levels of grid-connectivity.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
03/2018-0.37NAN/E
12/2017-0.33NAN/E

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity-0.48Total Liab/Total Assets0.56
Net Inc/Total Assets-4.12Total Liab/Inv Cap6.21
Net Inc/Inv Cap-45.63Total Liab/Comm Equity0.07
Pretax Inc/Net Sales-51.53Interest Coverage Ratio-67.01
Net Inc/Net Sales-51.54Curr Debt/Equity0.92
Cash Flow/Net Sales-13.12LTD/EquityNA
SG&A/NetSales49.31Total Debt/Equity0.92
Asset Utilization   Liquidity  
Net Receivables Turnover0.58Quick Ratio1.57
Inventory Turnover1.78Current Ratio1.65
Inventory Day Sales0.01Net Rec/Curr Assets0.22
Net Sales/Work Cap0.24Inv/Curr Assets0.05
Net Sales/PP&E0.87  

Income Statement (Millions)

  3/31/2018 12/31/2017 9/30/2017 6/30/2017
Total Revenues(Net Sales) 0.46 0.43 0.00 0.00
Cost of Goods Sold 0.48 0.48 0.00 0.00
Selling & Admin Exps 3.96 0.38 11.77 7.49
Operating Income -4.14 -0.47 -11.80 -7.95
Interest Exp 0.01 -0.04 0.00 0.15
Pretax Income -4.07 -0.29 -11.97 -8.08
Other Income 0.07 0.13 -0.16 0.02
Net Income Bef Extraordinary ... NA NA NA NA
Net Income -4.08 -0.29 -11.97 -8.08

Balance Sheet (Millions)

Assets 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Cash & Short Term Investments 8.20 2.45 4.48 6.87
Receivables - Total 1.46 1.00 1.00 1.00
Inventories - Total 0.21 0.23 0.70 0.43
Total Current Assets 11.53 4.45 6.37 8.51
Net Property, Plant & Equipment 0.48 0.49 0.50 0.45
Total Assets 12.38 5.32 7.01 9.19
Liabilities        
Accounts Payable 1.08 0.54 0.56 0.34
Debt in Current Liabilities 0.00 2.15 3.20 4.25
Total Current Liabilities 1.08 2.69 3.76 4.59
Long-Term Debt NA 0.00 NA NA
Total Liabilities 1.35 2.98 3.76 4.59
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock 0.00 0.00 0.00 0.00
Common Stock 0.00 0.00 0.00 0.00
Retained Earnings -47.05 -42.98 -42.69 -30.72
Treasury Stock NA NA NA NA
Total Stockholders' Equity 11.03 2.34 3.25 4.60
Total Liabilities and Stockholders' Equity 12.38 5.32 7.01 9.19

Cash Flow Summary (Millions)

Categories 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Net Cash Provided by Operating Activities -1.97 -0.92 -1.25 -2.67
Net Cash Provided by Investing Activities -0.00 -0.02 -0.06 -0.50
Net Cash Provided by Financing Activities 7.73 -1.09 -1.09 9.57

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/20150.00-6.04--
12/20160.07-10.68--
12/20170.42-21.90-0.33
Growth RatesInfinity----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/18171,1051.54




Report Date : 7/16/2018

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