Alas, those of us hoping to see Bay Area Bike Share rides become useful beyond the Financial District and Embarcadero will have to wait until later this year. Bikes and docking stations were expected to roll out this spring to Hayes Valley, the Castro, and the Mission, but an inconvenient bankruptcy filing by Montreal-based hardware and software manufacturer Bixi has pushed that back.

SFMTA project manager Heath Maddox broke the news at a committee meeting last week:

“Our main technology and software provider is actually for sale,” said Maddox. “We should know what becomes of that sale later this month. Hopefully, it’ll be bought by our current operations and maintenance provider [Alta Bicycle Share], and they could just move, without a hitch, and once again fire up production.”

The setback comes right after the S.F. County Transportation Authority committee delivered their latest report on Bay Area Bike Share, which recommended re-structuring the program to give the city more freedom in the regional program. 90% of the system's riders take bikes within the city, Streetsblog reports but half of the system's original stations were installed near Caltrain stations and other peninsula locations.

Previously: All Bay Area Bike Share coverage on SFist