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PWVI Powerverde

PowerVerde, Inc. engages in the development, commercialization, and marketing of electric generating power systems. Its power systems are designed to produce electrical power with zero emissions or waste byproducts, based on a patented pressure-driven expander motor and related organic rankine cycle technology. The company was founded by Fred Barker and George Konrad in March 2007 and is headquartered in Miami, FL.

Company profile

Ticker
PWVI
Exchange
CEO
Richard H. Davis
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
VYREX CORP
SEC CIK
IRS number
880271109

PWVI stock data

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Calendar

9 Mar 21
13 Apr 21
31 Dec 21
Quarter (USD)
Dec 20 Sep 20 Jun 20 Mar 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD)
Dec 20 Dec 19 Dec 18 Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from Powerverde earnings reports.

Cash burn rate (estimated) Burn method: Change in cash Burn method: Operating income/loss Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 95.39K 95.39K 95.39K 95.39K 95.39K 95.39K
Cash burn (monthly) 14.54K (positive/no burn) 80.1K 42.54K 98.2K 41.84K
Cash used (since last report) 49.94K n/a 275.19K 146.17K 337.38K 143.73K
Cash remaining 45.45K n/a -179.8K -50.78K -242K -48.34K
Runway (months of cash) 3.1 n/a -2.2 -1.2 -2.5 -1.2

Beta Read what these cash burn values mean

Financial report summary

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Management Discussion
  • The consolidated financial statements of PowerVerde, Inc. are prepared in conformity with accounting principles generally accepted in the United States of America (“GAAP”). The preparation of these consolidated financial statements requires our management to make estimates and assumptions about future events that effect the amounts reported in the financial statements and related notes. Future events and their effects cannot be determined with absolute certainty. Therefore, the determination of estimates requires the exercise of judgment. We believe the following critical accounting policies affect its more significant judgments and estimates used in the preparation of the consolidated financial statements.
Content analysis
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Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
8th grade Avg
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