Prospector Profile 07.1272
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Commodore Applied Technologies, Inc. |
NAICS |
541620 |
507 Knight Street, Suite B
Richland, WA 99352 |
Description |
Environmental Consulting Services |
(509) 943-2565 |
Employees |
29 |
http://www.commodore.com/ |
Revenue |
(mil) |
7.2540 |
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Income |
(mil) |
-1.8490 |
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Assets |
(mil) |
1.2430 |
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Liability |
(mil) |
13.3400 |
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(for the year ended 2006-12-31) |
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Category:
Loss/Deficit
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Event:
Commodore Applied Technologies Inc.'s consolidated balance sheet at June 30, 2007, showed $1.1 million in total assets and $14.4 million in total liabilities, resulting in a $13.3 million total stockholders' deficit. The Company's consolidated balance sheet at June 30, 2007, also showed strained liquidity with $742,000 in total current assets available to pay $7.2 million in total current liabilities. The Company reported a net loss of $666,000 and an operating loss of $467,000, on revenue of $719,000 for the second quarter ended June 30, 2007, compared with a net loss of $494,000 and an operating loss of $335,000, on revenue of $1.8 million for the comparable period last year.
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Intellectual Property:
The Company currently has 16 issued U.S. and foreign patents. The Company believes that its patent portfolio provides the Company the necessary “proprietary turf” in which it can market, distribute, and license the full range of the Solvated Electron Technology (SET™) and all of its derivatives. Additionally, the strength of its patent portfolio may operate as an effective “barrier to entry” in several of the markets in which the Company is presently conducting business. [SEC Filing 10-K 04-17-07]
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Description:
The Company provides a range of environmental and technical services in the United States.
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Officers:
Dr. Shelby T. Brewer (Chair & CEO); O. Mack Jones (Pres. & COO); Ted R. Sharp (CFO, Sec. & Treas.); Bentley J. Blum (Dir.); Dr. Frank E. Coffman (Dir.); James M. DeAngelis (Dir.); Paul E. Hannesson (Dir.); O. Mack Jones (Dir.); Michael P. Kalleres (Dir.); William A. Wilson (Dir.)
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Auditor:
Decoria Maichel & Teague PS
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Securities:
Common Stock-Symbol CXIA.OB; OTC BB;
8,288,216 common shares outstanding as of July 31, 2007.
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