SolarWindow Technologies, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended February 29, 2024
April 12, 2024 at 09:28 pm
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SolarWindow Technologies, Inc. reported earnings results for the second quarter and six months ended February 29, 2024. For the second quarter, the company reported net loss was USD 0.447031 million compared to USD 0.527697 million a year ago. Basic loss per share was USD 0.02 compared to USD 0.01 a year ago. Diluted loss per share was USD 0.02 compared to USD 0.01 a year ago.
For the six months, net loss was USD 0.948403 million compared to USD 1.25 million a year ago. Basic loss per share from continuing operations was USD 0.02 compared to USD 0.02 a year ago. Diluted loss per share from continuing operations was USD 0.02 compared to USD 0.02 a year ago. Basic loss per share was USD 0.03 compared to USD 0.02 a year ago. Diluted loss per share was USD 0.03 compared to USD 0.02 a year ago.
SolarWindow Technologies, Inc. is engaged in developing transparent electricity-generating coatings and methods for their application to various materials, which is referred to as LiquidElectricity Coatings. The Companyâs LiquidElectricity Coatings generate electricity by harvesting light energy from natural sun, artificial light, and low, shaded, or reflected light conditions. It applies ultra-thin layers of LiquidElectricity coatings to rigid glass, and flexible glass and plastic surfaces where they transform otherwise ordinary surfaces into organic photovoltaic devices. LiquidElectricity is a framework which utilizes chemistry for different ultra-thin layers applied to a substrate. These layers include hole transport layers, active layers, electron transport layers, and conductive contact points for transmission of electricity. The applications of LiquidElectricity Coatings span across multiple industries, including architectural, automotive, and marine.