COOL TECHNOLOGIES, INC.
cooltechnologiesinc.comNo Longer Reporting
The company has not filed an annual or quarterly report since its Q3 FY2023 10-Q, filed Nov 20, 2023. Its latest SEC filing is a NT 10-K from Apr 1, 2024.
10-Q for Q3 FY2023, filed Nov 20, 2023
The sections below describe the company as of the FY2022 annual report.
What Did They Do?
Sells in-chassis mobile electric power systems to government, commercial and fleet vehicle owners, and licenses heat-dispersion technology to motor, pump and vehicle-component manufacturers.
10-K for FY2022, filed Apr 17, 2023The Company intends to sell a mobile electric power system to government, military and commercial vehicle and fleet owners. It intends to…View ↗
Our revenue model for the heat dispersion technology is to license the technology in exchange for royalties. Our design and manufacturing…View ↗
The Company has developed a mobile power generation system (eMGen) that enables work trucks to generate electric power by running an…View ↗
The Company intends to commercialize its patents by integrating the thermal technologies and applications with Original Equipment…View ↗
Who Were Their Customers?
The company targets government, commercial and fleet vehicle owners for its mobile power system, and motor, pump and vehicle-component manufacturers for its thermal technology. Sales are expected through the company, sales agents and joint venture partners.
10-K for FY2022, filed Apr 17, 2023The Company intends to sell a mobile electric power system to government, military and commercial vehicle and fleet owners. It intends to…View ↗
The Company has developed a mobile power generation system (eMGen) that enables work trucks to generate electric power by running an…View ↗
The Company intends to commercialize its patents by integrating the thermal technologies and applications with Original Equipment…View ↗
How Were They Changing?
- Net income
-
Sources
10-Q for Q3 FY2023, filed Nov 20, 2023
−$368.4KView ↗
- ▼ −24% (Loss)
- vs −$481.9K in Q3 FY2022
-
Sep 1, 2023
Company agreed to pay $300,000 to settle litigation
The settlement requires payment by December 31, 2023; otherwise, the claimant may obtain a $500,000 judgment.
Sources
8-K, filed Sep 1, 2023
The two sides agreed to attend a mediation conference on August 3, 2023 and consequently entered into a settlement agreement on August 29…View ↗
Who Did They Compete With?
Competes with Cummins, Caterpillar, Doosan Group, Wacker Neuson, Multi Quip, Generac Power Systems, Cummins Onan, Harrison Hydra-Gen, Smart Power Systems, Onan, Honda, Kohler, Real Power, Vanair Manufacturing, Miller Electric Manufacturing, Odyne Systems, Terex, Allison Transmission, Altec, and Aura Systems
10-K for FY2022, filed Apr 17, 2023We believe our primary competition in the mobile generator market will be from well-established companies such as Cummins, Caterpillar…View ↗
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