Cool Technologies, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2020
October 05, 2020 at 05:24 pm EDT
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Cool Technologies, Inc. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced operating loss was USD 190,261 compared to USD 361,115 a year ago. Net loss was USD 648,343 compared to USD 1.363 million a year ago. Basic eps - continuing operations was USD 0 compared to basic loss per share from continuing operations of USD 0.01 a year ago. For the half year, operating loss was USD 401,925 compared to USD 765,230 a year ago. Net loss was USD 1.464 million compared to USD 2.194 million a year ago. Basic eps - continuing operations was USD 0 compared to basic loss per share from continuing operations of USD 0.01 a year ago.
Cool Technologies, Inc. is engaged in the designing and development of its technologies. The Companyâs core technologies are thermal dispersion and mobile power generation. Thermal dispersion technologies deliver liquid-cooled results for rotating equipment, multi-plate clutches, brakes and rotors without the use of liquid. Mobile power generation is a patent pending in-chassis system that outputs electrical power in amounts equal to or greater than skid-mounted generators or tow-behind generators from a package. The Company offers its products in the consumer, industrial and military markets, both in the United States and worldwide. Its initial target markets include those involved in moving materials and moving people, such as Motors/Generators, Mobile auxiliary power, Water purification and desalination, Electric vehicle charging, Compressors, Turbines (Wind, Micro), Bearings and other.
COOL TECHNOLOGIES, INC. 
