The Fading of Kodak

Michael Hiltzik at the LA Times:

The Rochester, N.Y., company said it had $862 million in cash on hand as of Sept. 30, but at the rate it’s losing money from operations (more than $70 million a month), that hoard would barely last a year. As for future revenue, it’s banking heavily on winning patent lawsuits against Apple and the maker of BlackBerry phones.