"CAPSTONE TURBINE CORPORATION AND SUBSIDIARIES
NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Unaudited)
1. Business and Organization
Capstone Turbine Corporation (the “Company”) develops, manufactures, markets and services microturbine technology solutions for use in stationary distributed power generation applications, including cogeneration (combined heat and power (“CHP”), integrated combined heat and power, and combined cooling, heat and power (“CCHP”)), renewable energy, natural resources and critical power supply. In addition, the Company’s microturbines can be used as battery charging generators for hybrid electric vehicle applications. The Company was organized in 1988 and has been producing its microturbine generators commercially since 1998.
The Company has incurred significant operating losses since its inception. Management anticipates incurring additional losses until the Company can produce sufficient revenue and gross profit to cover its operating costs. To date, the Company has funded its activities primarily through private and public equity offerings." -Otherwise known as dilution, the ONLY cpst source of income since 1988.
An investment in Apple stock 10 years ago would be worth 47 times as much today. Yet AAPL was almost bankrupt 5 years earlier. Thats right, it means there was no profit at Apple and then the profits started to roll in and every investor was glad to be in AAPL. CPST is about to enter that profitable phase and everyone will be rewarded. Not the shorts of course, just like the AAPL shorts, they will run to save what little they can.