Cool Technologies, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 19, 2022 at 05:17 pm EDT
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Cool Technologies, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported net loss was USD 0.59071 million compared to USD 0.658313 million a year ago.
For the six months, net loss was USD 1.17 million compared to USD 2.33 million a year ago.
Cool Technologies, Inc. is engaged in the designing and development of its technologies. The Companyâs core technologies are thermal dispersion and mobile power generation. Thermal dispersion technologies deliver liquid-cooled results for rotating equipment, multi-plate clutches, brakes and rotors without the use of liquid. Mobile power generation is a patent pending in-chassis system that outputs electrical power in amounts equal to or greater than skid-mounted generators or tow-behind generators from a package. The Company offers its products in the consumer, industrial and military markets, both in the United States and worldwide. Its initial target markets include those involved in moving materials and moving people, such as Motors/Generators, Mobile auxiliary power, Water purification and desalination, Electric vehicle charging, Compressors, Turbines (Wind, Micro), Bearings and other.
COOL TECHNOLOGIES, INC. 
