Enova Systems Inc. announced unaudited earnings results for the year ended December 31, 2013. Net revenues were $426,000 for the year ended December 31, 2013, representing a decrease of $677,000 or 61% from net revenues of $1,103,000 during the same period in 2012. Revenues in the current year were negatively affected by uncertainty over the Company's ability to continue operations after its restructuring in June 2012, which reduced its capacity to pursue new business.

The decrease in revenue for the twelve months ended December 31, 2013 compared to the same period in 2012 was mainly due to a decrease in deliveries to the core customer base in the United States. Operating loss was $2,733,000 against $6,024,000 a year ago. Net loss was $2,904,000 or $0.07 per basic and diluted share compared to net loss of $8,235,000 or $0.07 per basic and diluted share a year ago.

Net cash used in operating activities was $74,000 for the year ended December 31, 2013, an increase of $3,314,000 compared to $3,388,000 for the year ended December 31, 2012. Operating cash used increased in 2013 compared to the prior year primarily due to decreases in the operating expenses that resulted from the reduction of its operational capacity from June 2012 and the use of its existing cash resources to fund current operations.