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Prospector
Profile
07.1212
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| Solar Power, Inc. |
NAICS |
334413 |
| 4080 Cavitt Stallman Road, Suite 100
Granite Bay, CA 95746 |
Description |
Solar Cells Mfg. |
| (916) 746-0900 |
Employees |
104 |
| http://www.solarpowerinc.net/ |
Revenue |
(mil) |
4.3810 |
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Income |
(mil) |
-2.1290 |
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Assets |
(mil) |
16.8720 |
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Liability |
(mil) |
3.2800 |
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(for the year ended 2006-12-31) |
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Category:
Loss/Deficit
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Event:
Solar Power, Inc. reported in its amended annual report dated August 8, 2007 a net loss of $2,129,388 on revenues of $4,381,151 for the year ended December 31, 2006, substantially higher than the net loss reported during the previous fiscal year of $114,584 on revenues of $1,371,731. The Company also used cash for operating activities of $3,003,750 during fiscal year 2006, compared to $163,467 used for operations last year. The Company has an accumulated deficit of $2,243,972 in its December 31, 2006 balance sheet.
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Intellectual Property:
The Company relies on trade secrets, know-how and other unpatented proprietary information in its business. The Company is in the process of registering the trademarks Solar Power, Inc, the Solar Power, Inc. logo, International Assembly Solutions, Ltd. and IAS, Ltd. for use with its solar power products. In addition, the Company has provisional patents pending for certain proprietary technologies. [SEC Filing 10-KSB/A 08-08-07]
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Description:
The Company is a leading manufacturer, supplier and installer of photovoltaic solar power solutions that deliver reliable and efficient alternative means of electricity.
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Officers:
Stephen C. Kircher (Chair & CEO); Glenn E. Carnahan (CFO); Bradley J. Ferrell (COO); Alan M. Lefko (VP & Sec.); Todd Lindstrom (VP); Larry D. Kelley (Dir.); Timothy B. Nyman (Dir.); Ronald A. Cohan (Dir.); D. Paul Regan (Dir.)
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Auditor:
Macias Gini & O’Connell LLP
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Securities:
32,898,102 common shares outstanding as of August 7, 2007.
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