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U.S. Energy Systems reports $112,957 February net loss
By Caroline Salls
Pittsburgh, April 3 - U.S. Energy Systems, Inc. reported a $112,957 net loss for February on zero revenues, according to its monthly operating report filed Thursday with the U.S. Bankruptcy Court for the Southern District of New York.
The net loss showed improvement over a $136,280 January net loss. The company also posted zero revenues in January.
U.S. Energy Systems had $7,533 in operating cash as of Feb. 29, compared with $38,695 at the end of January.
U.S. Energy Systems, a New York-based owner of green power and clean energy and resources, filed for bankruptcy on Jan. 9. Its Chapter 11 case number is 08-10054.
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