NANOPHASE TECHNOLOGIES CORPORATION Files SEC form 8-K, Results of Operations and Financial Condition, Financial State

Show all filings for NANOPHASE TECHNOLOGIES CORPORATION | Request a Trial to NEW EDGAR Online Pro Form 8-K for NANOPHASE TECHNOLOGIES CORPORATION 4-Aug-2009Results of Operations and Financial Condition, Financial State Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All info...
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NANOPHASE TECHNOLOGIES CORPORATION Files SEC form 8-K, Entry into a Material Definitive Agreement, Change in Director

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangement of Certain Officers Effective June 24, 2009, Frank Cesario was hired by the Company to serve as the Company's Chief Financial Officer. Prior to joining the Company, Mr. Cesario served in a similar capacity with ISCO International, Inc., a global supplier of telecommunications equipment, as well as Turf Ventures LLC, a chemicals distributor. Pursuant to the terms of the Employment Agreement, dated and effective as of June 24, 2009, between Mr. Cesario and the Company (the "Employment Agreement"), a copy of which is attached hereto as Exhibit 99.1, Mr. Cesario will receive an annual base salary of not less than $150,000. In addition, Mr. Cesario will be eligible for discretionary premium pay and bonuses for services to be performed as an executive officer of the Company based on performance and achieving milestones agreed upon by Mr. Cesario and the Chief Executive Officer of the Company, and approved by the Board of Directors of the Company (the "Board"). Mr. Cesario will be eligible for such stock options and other equity compensation as the Board deems appropriate, subject to the provisions of the Company's 2004 Equity Compensation Plan (the "Plan"). As a signing benefit and subject to the approval of the Company's Compensation and Governance Committee, the Company has granted Mr. Cesario non-qualified options to purchase up to 20,000 shares of the Company's common stock under the terms of the Plan. Mr. Cesario will also be entitled to the employee benefits made available by the Company generally to all other executive officers of the Company, subject to the terms and conditions of the Company's employee benefit plan in effect from time to time. In the event Mr. Cesario's employment is terminated other than for Cause, as defined in the Employment Agreement, Mr. Cesario will receive three weeks notice pay, provi...
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NANOPHASE TECHNOLOGIES CORPORATION Files SEC form 10-Q, Quarterly Report

Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations Overview Nanophase is a nanomaterials and applications developer and commercial manufacturer with an integrated family of nanomaterial technologies. Nanophase produces engineered nanomaterials for use in a variety of diverse markets: sunscreens, architectural coatings, industrial coatings, ingredients, personal care, abrasion-resistant applications, antimicrobial products, plastics additives, medical diagnostics and a variety of polishing applications, including semiconductors and optics. The Company targets markets in which it feels practical solutions may be found using nanoengineered products. The Company works closely with current and potential customers in these target markets to identify their material and performance requirements and market its own materials to various end-use applications manufacturers. Newer developed technologies have made certain new products possible and opened potential new markets. Management expects growth in end-user (customers of Nanophase's customers) adoption in 2009 and beyond and revenue growth relative to these new markets to follow thereafter. Management further expects that the Company will attract additional customers to help it achieve growth in certain markets in 2009 and beyond. Results of Operations Total revenue decreased to $1,405,158 for the three months ended March 31, 2009, compared to $3,054,108 for the same period in 2008. A substantial majority of the Company's revenue for the three months ended March 31, 2009 is from the Company's three largest customers. See Note 8 to the Financial Statements for additional information regarding the revenue the Company derived from these three customers in the first quarter of 2009. Product revenue decreased to $1,296,813 for the three months ended March 31, 2009, compared to $2,942,722 for the same period in 2008. The decrease in product revenue was primarily attrib...
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Q3 2009 Nanophase Technology Earnings Release - 4:00 pm ET

Earnings Announcements for Wednesday, October 28CompanySymbolTimeConferenceCall8x8, Inc.EGHTAfter Market CloseACC LTDACC.BOTime Not SuppliedACCO BrandsABDBefore Market OpenListenAcerinoxACX.MCTime Not SuppliedActa Holding ASAACTA.OL03:30 am ETAcxiomACXMAfter Market CloseAdvance America, Cash Advance Centers Inc.AEAAfter Market CloseADVANCED ANALOG TECH INC3438.TWOAfter Market CloseAdvanced Analogic TechnologiesAATIAfter Market CloseAdvanced Energy IndustriesAEISBefore Market OpenAdvantest CorpATE02:00 am ETAEROSUN CORPORATION600501.SSTime Not SuppliedAffiliated Managers Group, Inc.AMGTime Not SuppliedListenAflac IncorporatedAFLAfter Market CloseListenAgnico-Eagle Mines LimitedAEMAfter Market CloseAkamai Technologies Inc.AKAMAfter Market CloseListenAKTIV KAPITAL ASA...
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Nanophase Technologies Announces Third Quarter 2009 Financial Conference Call

ROMEOVILLE, Ill., Oct. 13 /PRNewswire-FirstCall/ -- Nanophase Technologies Corporation (Nasdaq: NANX - News), a technology leader in nanomaterials and advanced nanoengineered products, today announced the Company will disseminate a financial news release for the third quarter of 2009 on October 28, 2009, at 3:00 p.m. CDT, 4:00 p.m. EDT. The news release will be followed by the quarter end financial conference call at 4:00 p.m. CDT, 5:00 p.m. EDT. Third Quarter 2009 Conference CallThe Nanophase conference call, to be hosted by Mr. Jess Jankowski, the Company's President & CEO, is scheduled for October 28, 2009, at 4:00 p.m. CDT, 5:00 p.m. EDT. The conference call dial-in number for U.S. callers is 800-344-8034 and for international callers is 785-830-1990. The conference ID is 7NANOPHASE. Please dial in to the conference at least five minutes before the call is scheduled to begin.The call may be accessed through the company's website, www.nanophase.com, by clicking on the link under News Center and Calendar of Events. If you are unable to attend, an audio replay will be available through November 4, 2009, by dialing either 800-283-4593 or 402-220-0872, or by logging onto the company's website and following the above directions.About Nanophase TechnologiesNanophase...
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NANOPHASE TECHNOLOGIES CORPORATION Files SEC form 10-Q, Quarterly Report

Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations Overview Nanophase is a nanomaterials developer and commercial manufacturer with an integrated family of nanomaterial technologies. Nanophase produces engineered nanomaterials for use in a variety of diverse markets: sunscreens, architectural coatings, industrial coatings, ingredients, personal care, abrasion-resistant applications, plastics additives, water filtration, DNA biosensors and a variety of polishing applications, including semiconductors and optics. We target markets in which we feel practical solutions may be found using nanoengineered products. Toward that end, we work closely with leaders in these target markets to identify their material and performance requirements and market material solutions to various end-use applications manufacturers. More recently developed technologies have made certain new products possible and opened potential new markets. We have added a large number of potential customers to our sales funnel during the past six months, many with new applications for our material technologies, and are in various stages of qualification with them. Some of these qualification cycles may take as little as six months, while others may take 2-4 years, if not longer. On August 25, 2006, the Company sold, in a private placement to Rohm and Haas Electronic Materials CMP Holdings, Inc., 847,918 shares of common stock at $5.90 per share and received gross proceeds of $5.0 million. In accordance with our agreement, we plan to file a registration statement for these shares on Form S-3 during 2009. Our revenue depends largely on the performance of the consumer products and exterior coatings markets. Both have been impacted by the global recession and the focus of firms that are or might be our customers to reduce their inventories and focus on cheaper products that are less likely to contain our higher performance materials. The exterior coatings market ...
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Nanophase Reports Third Quarter 2009 Financial Results With Improved Margins and Reduced Operating Losses

ROMEOVILLE, Ill., Oct. 28 /PRNewswire-FirstCall/ -- Nanophase Technologies Corporation (Nasdaq: NANX - News), a technology leader in nanomaterials and advanced nanoengineered products, today reported financial results for its third quarter ended September 30, 2009. Third QuarterRevenue for the third quarter of 2009 was $1.7 million, compared to $2.1 million for the same period in 2008."While economic conditions have affected revenue in 2009, we are pleased to see a revenue increase on a quarter-to-quarter basis," commented Nanophase CEO and President Jess Jankowski. "It is difficult to predict when the economy will right itself, yet the overall disposition of the financial community and industry leaders seems more positive than it has been for some time.""We are beginning to see the benefits of our new, leaner business strategy as gross margins (as a percentage of revenue) increased by 93 percent over the comparable third quarter in 2008, a positive indication that we are heading in the right direction," added Jankowski.The net loss for the quarter was $0.9 million, or a loss of $0.04 per share, compared to a net loss of $2.8 million, or a loss of $0.13 per share, for the third quarter of 2008. Of the $2.8 million loss in the third quarter of 2008, $1.2 million were operating losses and $1.6 million were attributed to severance charges.Jankowski continued, "We are seeing positive results from our structural efficiencies. While revenue was down from the prior year, the net o...
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NANOPHASE TECHNOLOGIES CORPORATION Financials

Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback Quotes delayed, except where indicated otherwise.Delay times are 15 mins for NASDAQ, 20 mins for NYSE and Amex. See also delay times for other exchanges.Fundamental company data provided by Capital IQ. Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quotes are delayed at least 15 minutes. Real-...
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NANOPHASE TECHNOLOGIES CORPORATION Files SEC form 10-Q, Quarterly Report

Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations Overview Nanophase is a nanomaterials developer and commercial manufacturer with an integrated family of nanomaterial technologies. Nanophase produces engineered nanomaterials for use in a variety of diverse markets: sunscreens, architectural coatings, industrial coatings, ingredients, personal care, abrasion-resistant applications, plastics additives, water filtration, DNA biosensors and a variety of polishing applications, including semiconductors and optics. We target markets in which we feel practical solutions may be found using nanoengineered products. Toward that end, we work closely with leaders in these target markets to identify their material and performance requirements and market material solutions to various end-use applications manufacturers. More recently developed technologies have made certain new products possible and opened potential new markets. We have added a large number of potential customers to our sales funnel during the past nine months, many with new applications for our material technologies, and are in various stages of qualification with them. Some of these qualification cycles may take as little as six months, while others may take 2-4 years, if not longer. There can be no assurance that we will be successful in securing these potential customers or in completing the qualification process with them, or that these relationships will translate into meaningful revenues for the Company. Table of Contents On August 25, 2006, the Company sold, in a private placement to Rohm and Haas Electronic Materials CMP Holdings, Inc., 847,918 shares of common stock at $5.90 per share and received gross proceeds of $5.0 million. In accordance with our agreement, we plan to file a registration statement for these shares on Form S-3 during 2009. Our revenue depends largely on the performance of the consumer products and exterior ...
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NANOPHASE TECHNOLOGIES CORPORATION Files SEC form 8-K, Results of Operations and Financial Condition, Financial State

Show all filings for NANOPHASE TECHNOLOGIES CORPORATION | Request a Trial to NEW EDGAR Online Pro Form 8-K for NANOPHASE TECHNOLOGIES CORPORATION 28-Oct-2009Results of Operations and Financial Condition, Financial State Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All inf...
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