ParkerVision, Inc. (PK:PRKR)

Sector:  Technology Industry:  Communications & Networking
See Regulatory Filings on SEC
Company Contact
Address: 9446 Philips Hwy Ste 5A
Tel: N/A
IR: See website
Key People
Jeffrey L Parker
Chairman of the Board, Chief Executive Officer
Cynthia L Poehlman
Chief Financial Officer, Corporate Secretary
David F. Sorrells
Chief Technical Officer, Director
Business Overview
ParkerVision, Inc. is engaged in the designing, developing and marketing of its radio frequency (RF) technologies and products. The Company's business is focused on the development and marketing of its RF technologies for mobile and other wireless applications. Its products include a modulator/demodulator component that incorporates its technologies, as well as a small number of supporting components that are used in the assembly of wireless devices. Its products are used in wireless communication products and applications. In addition, it offers engineering design and consulting services to third parties to assist them in developing and testing products. Its technologies represent methods for processing RF waveforms in wireless applications. Its technologies apply to both transmit and receive functions of transmitters, receivers and transceivers. A portion of its transmit technology is marketed as Direct2Power (d2p) and its receiver technology is marketed as Direct2Data (d2d).
Financial Overview
For the nine months ended 30 September 2019, ParkerVision, Inc. revenues decreased 45% to $70K. Net loss decreased 58% to $5.8M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Lower net loss reflects Selling, general and administrative expe decrease of 78% to $1.7M (expense), Change in fair value of secured continge increase from $1M (expense) to $755K (income).
Employees: 14 as of Dec 31, 2018
Reporting Currency: U.S. Dollars
Enterprise value: $16.60M as of Sep 30, 2019
Annual revenue (TTM): $0.08M as of Sep 30, 2019
EBITDA (TTM): -$7.88M as of Sep 30, 2019
Net annual income (TTM): -$13.02M as of Sep 30, 2019
Free cash flow (TTM): -$4.56M as of Sep 30, 2019
Net Debt Last Fiscal Year: $5.05M as of Sep 30, 2019
Shares outstanding: 33,426,850 as of Nov 15, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization