Cool Technologies, Inc. Reports Earnings Results for the Full Year Ended December 31, 2019
May 29, 2020 at 10:33 pm
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Cool Technologies, Inc. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced operating loss was USD 1.754 million compared to USD 2.259 million a year ago. Net loss was USD 3.241 million compared to USD 4.618 million a year ago. Basic loss per share from continuing operations was USD 0.01 compared to USD 0.02 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. 
