kior inc - cl a (KIOR) Snapshot

KiOR, Inc. announced that its shareholders elected D. Mark Leland as a director to serve one-year terms expiring at the 2014 Annual Meeting of Stockholders.

KiOR, Inc. Presents at 2013 Louisiana Energy Conference, Jun-19-2013 02:15 PM. Venue: Windsor Court Hotel, 300 Gravier Street, New Orleans, Louisiana, United States. Speakers: John H. Karnes, Chief Financial Officer and Principal Accounting Officer.

KiOR, Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported total revenues of $71,000. Loss from operations was $29,179,000 against $16,550,000 a year ago. Loss before income taxes was $31,335,000 against $16,822,000 a year ago. Net loss was $31,335,000 against $16,822,000 a year ago. Net loss per share of Class A common stock, basic and diluted was $0.30 compared to $0.16 a year ago. Net loss per share of Class B common stock, basic and diluted was $0.30 compared to $0.16 a year ago. The loss includes almost $4 million of noncash stock-based compensation expense, this level of stock compensation expenses is about $300,000 lower from the previous quarter and about $1.6 million higher year-over-year. R&D expenses in the second quarter are expected to be in line with the first quarter level, and the company would anticipate that G&A would return to around $8 million per quarter as the company is no longer recording Columbus start-up expenses as part of G&A. The company would expect interest expense going forward to range around $7 million, that's per quarter. As the company continue to progress the front-end engineering and design phase of Natchez, the company also forecasting continued capital expenditures in the second quarter of around $5 million for the quarter.