California Nanotechnologies Corp
3.8.2021 14:01:50 CEST | ACCESS Newswire | Press release
Company announces $206K revenue for Q1/FY2022
Company continues progress with Thermoelectrics customer
LOS ANGELES, CA / ACCESSWIRE / August 3, 2021 / California Nanotechnologies Corp. ('Cal Nano' or the 'Company') is pleased to announce that revenue for the quarter ending May 31, 2021 was $206,370. "This represents the largest Q1 revenue in history for the Company, which is an incredible achievement due to the current pandemic situation impacting our customers" stated CEO Eric Eyerman. EPS were nil in Q1 F2021 and Q1 F2022. Of note, professional fees were higher than normal due to the Company's annual audit. The full financial statements are available on SEDAR and the Company website.
To view this piece of content from www.accesswire.com, please give your consent at the top of this page.The major contributors to the Company's record Q1 revenue were continued development with its thermoelectrics customer along with work from various military research labs. "After positive analysis from the last 50 wafer delivery to our thermoelectric customer, Cal Nano continues to progress on its advanced material program. Additional research and development work and a request for 400 more wafers is moving forward. With our customers continuing to increase their R&D requirements and with the potential for R&D to shift into production requirements, Cal Nano is well positioned to continue with a strong performance with this pandemic recovery" stated CEO Eric Eyerman.
For further information, please contact:
Eric Eyerman, CEO
T: (562)-991-5211
E: info@calnanocorp.com
W: www.calnanocorp.com
Reader Advisory
Except for statements of historical fact, this news release contains certain 'forward-looking information' within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as 'plan', 'expect', 'project', 'intend', 'believe', 'anticipate', 'estimate' and other similar words, or statements that certain events or conditions 'may' or 'will' occur. In particular, forward-looking information in this press release includes, but is not limited to the expected future performance of the Company. Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, performance or achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information. Forward-looking information is based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. Some of the risks and other factors that could cause the results to differ materially from those expressed in the forward-looking information include, but are not limited to: general economic conditions in Canada, the United States and globally; industry conditions, governmental regulation, including environmental regulation; unanticipated operating events or performance; failure to obtain industry partner and other third party consents and approvals, if and when required; the availability of capital on acceptable terms; the need to obtain required approvals from regulatory authorities; stock market volatility; competition for, among other things, capital, skilled personnel and supplies; changes in tax laws; and the other risk factors disclosed under our profile on SEDAR at www.sedar.com. Readers are cautioned that this list of risk factors should not be construed as exhaustive.
The forward-looking information contained in this news release is expressly qualified by this cautionary statement. We undertake no duty to update any of the forward-looking information to conform such information to actual results or to changes in our expectations except as otherwise required by applicable securities legislation. Readers are cautioned not to place undue reliance on forward-looking information.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
P. 562.991.5211
F. 562.926.6913
SOURCE: California Nanotechnologies Corp
View source version on accesswire.com:
https://www.accesswire.com/658036/California-Nanotechnologies-Announces-Q1FY2022-Results
To view this piece of content from www.accesswire.com, please give your consent at the top of this page.
About ACCESS Newswire
Subscribe to releases from ACCESS Newswire
Subscribe to all the latest releases from ACCESS Newswire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from ACCESS Newswire
Polaris Modifies Quorum Requirement for Upcoming AGM24.6.2026 23:05:00 CEST | Press release
TORONTO, ON / ACCESS Newswire / June 24, 2026 / Polaris Renewable Energy Inc. (TSX:PIF) ("Polaris" or the "Company") announced today that its Board of Directors has approved an amendment to the Corporation's by-law to modify the quorum requirement for shareholder meetings. The amendment will apply to the annual meeting of shareholders (the "Meeting") to be held on June 26, 2026 at 9:00 a.m. (Toronto time). Under the Corporation's by-laws, quorum for shareholder meetings previously required the presence, in person or by proxy, of holders of a majority of the outstanding shares entitled to vote at the meeting. The amended by-law provides that quorum will consist of one person present, in person or represented by proxy, holding or representing not less than 45% of the outstanding shares of the Company entitled to vote at the meeting. The amendment does not change the level of shareholder approval required to approve any matter at the Meeting. The amendment is effective as of the date of a
Datavault AI Inc. (NASDAQ: DVLT) and WiSA Technologies Announce the Goho LS7 2.0 and 5.1 Home Theater Systems with WiSA E Wireless Connectivity23.6.2026 16:10:00 CEST | Press release
WiSA Technologies, a Datavault AI Company, powers wireless connectivity for two new home theater and karaoke systems from Goho, a brand of Goldhorn WISA E solves critical cross-brand interoperability problems, providing ubiquity on an enterprise scale for another of the world's premium acoustic brands. PHILADELPHIA, PA / ACCESS Newswire / June 23, 2026 / Datavault AI Inc. (NASDAQ:DVLT), through its Acoustic Sciences division's WiSA Technologies, today announced integration of the WiSA E Enterprise module in the new LS7 2.0 and 5.1 wireless home audio and karaoke systems from Goho, a brand of Goldhorn. These two stunning new systems are designed to bring high-definition two-channel and immersive 5.1 channel surround sound into the home entertainment environment with the simplicity and reliability of WiSA wireless audio transmission. "Goldhorn has built a strong reputation for delivering premium audio components to the mobile audio market, and we are very excited to enter the home audio
FINOS Launches AI Fund to Amplify the Collective Voice of the Financial Services Industry and Accelerate Responsible Agentic AI Adoption23.6.2026 10:00:00 CEST | Press release
Founding premier members DTCC, Morgan Stanley, RBC and NatWest join forces to collectively invest in open source AI, to advance common governance, controls, specifications, reference implementations, and intra and inter-firm agentic workflows for financial services, helping the industry shape safer AI adoption, reduce fragmentation, and accelerate real-world implementation. LONDON, UK / ACCESS Newswire / June 23, 2026 / The Fintech Open Source Foundation (FINOS) today announced the establishment of the FINOS AI Fund and the formation of its dedicated Governing Board. Anchored by Founding Premier Members The Depository Trust & Clearing Corporation (DTCC), Morgan Stanley, Royal Bank of Canada (RBC), and NatWest, the Fund is designed to help the industry collectively shape the governance, standards, and implementation foundations needed for responsible agentic AI adoption in regulated financial services. The Case for an Industry-Led AI Approach in Financial Services General AI technology
CTO Confidence in Scaling AI Falls for Third Straight Year, Akkodis Report Finds23.6.2026 06:45:00 CEST | Press release
"What CTOs Think 2026: Scaling the agentic enterprise with confidence" reveals for the first time, innovation, not efficiency, as the primary driver of digital investment, signaling a move from cost-focused optimization toward growth. ZURICH, SWITZERLAND / ACCESS Newswire / June 23, 2026 / New research released today by Akkodis, a global leader in digital engineering consulting and part of the Adecco Group, shows that CTO confidence in scaling AI is declining, falling to 48% in 2026 from 82% in 2024 - even as AI adoption accelerates and enterprises face growing pressure to turn ambition into execution at scale. Image: What CTOs Think 2026: Scaling the agentic enterprise with confidence. Source: Akkodis The third edition of Akkodis' What CTOs Think report, What CTOs Think 2026: Scaling the agentic enterprise with confidence, features insights from 500 Chief Technology Officers (CTOs) as part of the Adecco Group's Business Leaders 2026 research of 2,000 C-suite executives, The human prem
LiberNovo Prime Sale Fully Launches June 23: Full Chair Lineup and Accessories, Up to 49% Off23.6.2026 04:00:00 CEST | Press release
The limited Omni Premium Bundle headlines a flash sale across the EU and UK, stacked with tiered gifts, a prize wheel, and triple loyalty points, from June 23 through July 11. HONG KONG, HK / ACCESS Newswire / June 22, 2026 / LiberNovo today opened one of its biggest sales of the year. From June 23 through July 11, the entire collection goes on sale across the EU and UK with savings of up to 49% off, and the headline deal is the Omni Premium Bundle: a limited flash-sale price on the original Omni, starting from €939 ( £869) up to 49% off, the chair that started it all, available only while clearance stock lasts. Accessories and the rest of the range join at Prime Sale pricing too, making it the best time of the year to build your complete setup. Every LiberNovo chair is built on the world's first dynamic ergonomic design. A flexible backrest bends and moves with you as you shift, lean, and change position, so your support follows your body instead of holding you in one pose. A powered
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom