Company Information

  

Address: 1185 AVENUE OF THE AMERICAS
37TH FLOOR 
City: NEW YORK 
State: NY 
Zip Code: 10036 
Telephone: 212-984-1096 

Description of Business

Primary SIC Code: 7373
(As filed with the SEC)  

We believe that every person, and every thing, should be connected, and will be connected if our customers and users wish to be connected. The way we connect every person, and every thing, is by being the company which can connect to all networks in the Cloud, on all layers of the software development stack (OSI 7-layer model). We achieve this by delivering our Mobility, Messaging and Security Cloud Service Platforms which enable: [[Image Removed]] Mobile Carriers, MNOs & MVNOs (mobile (virtual) network operators) to enter the Cloud-computing era, with a pay-as-you-grow business; to connect more people, in more creative and value-driven ways. [[Image Removed]] Enterprises can connect their customers, their employees, their assets and derive more value from them.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
09/2017-2.07NAN/E
06/2017-3.82NAN/E
03/2017-4.15NAN/E
12/2016-116.75NAN/E
06/2016-75.00NAN/E

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity-0.11Total Liab/Total Assets1.72
Net Inc/Total Assets-2.41Total Liab/Inv Cap-5.26
Net Inc/Inv Cap7.38Total Liab/Comm Equity0.08
Pretax Inc/Net Sales-2.44Interest Coverage Ratio-3.32
Net Inc/Net Sales-2.45Curr Debt/Equity-0.43
Cash Flow/Net Sales-0.28LTD/Equity-0.94
SG&A/NetSales1.02Total Debt/Equity-1.37
Asset Utilization   Liquidity  
Net Receivables Turnover12.86Quick Ratio0.24
Inventory TurnoverNACurrent Ratio0.24
Inventory Day SalesNANet Rec/Curr Assets0.19
Net Sales/Work Cap-1.27Inv/Curr AssetsNA
Net Sales/PP&E1.48  

Income Statement (Millions)

  9/30/2017 6/30/2017 3/31/2017 12/31/2016
Total Revenues(Net Sales) 3.50 3.24 2.79 3.14
Cost of Goods Sold 0.79 0.95 0.84 0.66
Selling & Admin Exps 1.99 1.86 2.68 4.37
Operating Income -1.47 -1.17 -1.99 -3.62
Interest Exp 0.63 0.70 1.57 3.48
Pretax Income -2.16 -1.41 -1.29 -11.26
Other Income -0.07 0.46 2.26 -3.95
Net Income Bef Extraordinary ... NA NA NA NA
Net Income -2.31 -1.34 -1.29 -11.27

Balance Sheet (Millions)

Assets 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Cash & Short Term Investments 1.40 1.44 2.08 1.50
Receivables - Total 0.34 0.25 0.62 0.61
Inventories - Total NA NA NA NA
Total Current Assets 2.53 2.37 3.86 3.19
Net Property, Plant & Equipment 7.08 7.74 8.09 8.71
Total Assets 10.28 11.56 13.10 13.05
Liabilities        
Accounts Payable 7.72 8.31 9.14 9.28
Debt in Current Liabilities 2.56 1.75 3.25 4.01
Total Current Liabilities 10.28 10.06 12.57 13.29
Long-Term Debt 4.71 5.11 3.56 8.80
Total Liabilities 15.16 15.45 16.34 22.42
Stockholder's Equity        
Minority Interest 0.00 0.00 0.00 0.01
Preferred Stock 0.00 0.38 0.38 2.14
Common Stock 292.24 290.54 289.87 280.65
Retained Earnings -292.03 -289.72 -288.37 -287.08
Treasury Stock NA NA NA NA
Total Stockholders' Equity -4.88 -3.89 -3.24 -9.37
Total Liabilities and Stockholders' Equity 10.28 11.56 13.10 13.05

Cash Flow Summary (Millions)

Categories 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Net Cash Provided by Operating Activities -0.60 0.43 -1.24 -1.95
Net Cash Provided by Investing Activities -0.21 -0.30 -0.03 -0.03
Net Cash Provided by Financing Activities 0.66 -0.25 1.63 1.00

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/201229.20-23.13--
12/201319.45-25.51--
12/201420.36-21.86--
12/201531.02-5.01--
12/201612.86-31.44-116.75
Growth Rates-18.54----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/17193810.89




Report Date : 12/11/2017

Powered By Edgar Online © 2017EDGAR®Online, a division of Donnelley Financial Solutions. EDGAR® is a federally registered trademark of the U.S. Securities and Exchange Commission. EDGAR Online is not affiliated with or approved by the U.S. Securities and Exchange Commission.