Sector: Technology | Industry: Communications & Networking |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 4446 - 1A Hendricks Avenue, Suite 354 JACKSONVILLE FL 32207 |
Tel: | N/A |
Website: | https://parkervision.com |
IR: | See website |
Key People | ||
Jeffrey L. Parker Chairman of the Board, Chief Executive Officer | Cynthia L French Chief Financial Officer, Corporate Secretary |
Business Overview |
ParkerVision, Inc. is engaged in the business of fundamental wireless technologies and products. The Company has designed and developed proprietary radio frequency (RF) technologies and integrated circuits based on those technologies, and it licenses the Company's technologies to others for use in wireless communication products. The Company has patent enforcement actions ongoing in various United States district courts against mobile handsets, smart television and other wireless fidelity (WiFi) product providers, as well as semiconductor suppliers, for the infringement of several of its RF patents. Its RF technologies enable transmission and reception of RF carriers at low power consumption, thereby enabling extended battery life, and certain size, cost, performance and packaging advantages. The Company is focused on the enforcement of its intellectual property rights through licensing efforts and patent infringement litigation. Its wholly owned German subsidiary is ParkerVision GmbH. |
Financial Overview |
For the fiscal year ended 31 December 2023, ParkerVision, Inc. revenues increased from $925K to $25M. Net income totaled $9.5M vs. loss of $9.8M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net Income reflects Stock-based Compensation in SGA decrease of 84% to $500K (expense), Change in fair value of contingent payme decrease of 95% to $148K (expense). |
Employees: | 7 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $55.04M as of Dec 31, 2023 |
Annual revenue (TTM): | $25.00M as of Dec 31, 2023 |
EBITDA (TTM): | $10.29M as of Dec 31, 2023 |
Net annual income (TTM): | $9.52M as of Dec 31, 2023 |
Free cash flow (TTM): | $10.79M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $39.87M as of Dec 31, 2023 |
Shares outstanding: | 88,295,803 as of Mar 15, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |