Company Information

  

Address: 3600 PETERSON WAY  
City: SANTA CLARA 
State: CA 
Zip Code: 95054 
Telephone: 408-400-0578 

Description of Business

Primary SIC Code: 3674
(As filed with the SEC)  

We are a leading provider of application-specific and ultra-low power non-volatile memory products. We optimize our non-volatile memory, or NVM, products for Internet of Things, or IoT, applications including current and next-generation Internet-connected devices in the consumer, industrial, medical and wearables markets. We combine our NVM design capabilities with proprietary intellectual property and differentiated technology platforms to deliver high-performance products that dramatically reduce the overall energy consumption of our customers' systems and extend battery life. Our products feature embedded intelligence in a small form factor and high reliability. We sell our products directly to leading original equipment manufacturers and original design manufacturers, or OEMs and ODMs, respectively that manufacture products for our end customers.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
06/2017-0.66NAN/E
03/2017-0.85NAN/E
12/2016-0.77NAN/E
12/2015-2.79NAN/E

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity-0.10Total Liab/Total Assets0.65
Net Inc/Total Assets-0.25Total Liab/Inv Cap1.23
Net Inc/Inv Cap-0.48Total Liab/Comm Equity0.27
Pretax Inc/Net Sales-0.26Interest Coverage Ratio-8.12
Net Inc/Net Sales-0.26Curr Debt/Equity0.40
Cash Flow/Net Sales-0.11LTD/Equity0.71
SG&A/NetSales0.36Total Debt/Equity1.10
Asset Utilization   Liquidity  
Net Receivables Turnover6.95Quick Ratio1.71
Inventory Turnover3.60Current Ratio2.05
Inventory Day Sales0.01Net Rec/Curr Assets0.19
Net Sales/Work Cap2.72Inv/Curr Assets0.16
Net Sales/PP&E7.37  

Income Statement (Millions)

  6/30/2017 3/31/2017 12/31/2016 9/30/2016
Total Revenues(Net Sales) 13.41 11.31 12.33 11.18
Cost of Goods Sold 6.69 5.75 6.09 5.80
Selling & Admin Exps 4.58 4.74 4.42 4.46
Operating Income -1.54 -2.55 -1.55 -3.47
Interest Exp 0.20 0.21 0.22 0.58
Pretax Income -1.74 -2.75 -1.78 -4.06
Other Income -0.00 0.02 -0.02 -0.02
Net Income Bef Extraordinary ... NA NA NA NA
Net Income -1.75 -2.78 -1.72 -4.08

Balance Sheet (Millions)

Assets 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Cash & Short Term Investments 31.89 17.50 19.72 21.38
Receivables - Total 9.06 6.06 6.11 5.01
Inventories - Total 4.36 4.30 5.18 7.91
Total Current Assets 45.91 28.62 31.58 35.94
Net Property, Plant & Equipment 6.35 6.47 5.96 6.22
Total Assets 60.42 43.50 46.18 51.03
Liabilities        
Accounts Payable 10.52 9.60 8.94 10.96
Debt in Current Liabilities 6.49 6.48 6.47 6.46
Total Current Liabilities 17.00 16.07 15.41 17.41
Long-Term Debt 8.51 10.05 11.58 13.40
Total Liabilities 28.14 28.85 29.82 33.74
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock 0.00 0.00 0.00 NA
Common Stock 0.00 0.00 0.00 0.00
Retained Earnings -98.68 -96.93 -94.16 -92.43
Treasury Stock NA NA NA NA
Total Stockholders' Equity 32.28 14.65 16.37 17.30
Total Liabilities and Stockholders' Equity 60.42 43.50 46.18 51.03

Cash Flow Summary (Millions)

Categories 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Net Cash Provided by Operating Activities -1.40 -0.32 0.32 -0.53
Net Cash Provided by Investing Activities -1.05 -0.61 -0.12 -1.26
Net Cash Provided by Financing Activities 16.88 -1.29 -1.84 9.04

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/201349.68-8.15--
12/201441.46-8.93--
12/201543.26-8.38-2.79
12/201643.97-11.61-0.77
Growth Rates-3.99----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/17237,10433.92




Report Date : 10/16/2017

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