Clean Diesel Technologies Posts US$7.3-Million Loss in 2011

摘要

California-based Clean Diesel Technologies (CDT) onMarch 12 reported a US$7.3-million net loss for 2011, comparedwith a net loss of $8.3 million in 2010.The loss in the latest year “included non-cash expense ofapproximately $1.5 million related to stock based compensationexpense and $1.7 million related to depreciation andamortization of intangible assets, including those acquired in the merger [with Catalytic Solutions, Inc.], for a total ofapproximately $3.2 million”Net operating was $200,000 in fourth quarter (4Q) 2011compared with a net operating loss of $3.9 million in 4Q2010, according to the company.