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DayStar Technologies, a copper-indium-gallium-(di)selenide thin-film PV developer based in Santa Clara, CA, is running out of money. Although the company posted a smaller net loss in its just-announced second-quarter results than it experienced in the first quarter and the value of its net property and equipment has risen to $50 million because of increased investment during the period, its cash and cash equivalents have dwindled to $1.3 million. As a result of its financial woes, DayStar says it will need "substantial funds in the near term" to continue operations, ramp its first production line, and begin shipping products, and a failure to raise such monies may result in the company declaring bankruptcy and possibly shutting down part or all of its operations.