Our financial results include the activities of our wholly-owned subsidiary Schneider Power, which is reported as the company’s renewable energy segment.Schneider Power recognized approximately $0.1 million of revenue during the second quarter of fiscal 2012 from energy sales. Operating loss for this segment was $8.1 million in the second quarter of fiscal 2012, which included estimated impairment charges of $7.5 million of which $5 million was to reduce the carrying value of intangible asset associated with the renewable energy product portfolio. And $2.5 million was the fully right-off goodwill allocated to the renewable energy segment.
Quantum Fuel Systems Technologies Worldwide's CEO Discusses Q2 2012 Results - Earnings Call Transcript
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