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KiOR marks $4.13 million loss from operations for May on zero revenue
By Caroline Salls
Pittsburgh, June 19 – KiOR, Inc. marked a $4.13 million loss from operations for May on zero revenue, according to its monthly operating report filed Friday with the U.S. Bankruptcy Court for the District of Delaware.
In April, the company reported a $3.21 million loss from operations, also on zero revenue.
KiOR’s net loss for May was $4.22 million, widening from a $3.28 million April net loss.
The company had $132,553 in cash and cash equivalents as of May 31, down from $133,819 at the end of April.
KiOR is a Pasadena, Texas-based development-stage, next-generation renewable fuels company that filed for bankruptcy on Nov. 10, 2014. The Chapter 11 case number is 14-12514.
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