This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

ParkerVision Reports First Quarter 2013 Results

(TABLES FOLLOW)

     
ParkerVision, Inc.
Summary of Results of Operations (unaudited)
 
(in thousands, except per share amounts) Three Months Ended March 31,
  2013 2012
Service revenue  $ --  $ --
Cost of sales  --  --
Gross margin  --  --
     
Research and development expenses 2,365 2,039
Marketing and selling expenses 397 395
General and administrative expenses 3,712 1,641
Total operating expenses 6,474 4,075
     
Interest and other income and interest expense 12 7
     
Net loss $ (6,462) $ (4,068)
     
Basic and diluted net loss per common share  $ (0.08)  $ (0.06)
     
Weighted average shares outstanding 83,347 67,607
 
   
   
Balance Sheet Highlights
     
Balance Sheet Highlights (in thousands    
  March 31, 2013 (unaudited) December 31, 2012
Cash and available for sale securities $ 17,835 $ 8,340
Prepaid and other current assets 1,207 977
Property and equipment, net 380 404
Intangible assets, net 8,885 8,978
Other assets 21 21
Total assets $ 28,328 $ 18,720
     
Current liabilities $ 1,954 $ 2,142
Long term liabilities 37 58
Shareholders' equity 26,337 16,520
Total liabilities and shareholders' equity $  28,328 $ 18,720
CONTACT: Cindy Poehlman
         Chief Financial Officer
         ParkerVision, Inc.
         904-732-6100, cpoehlman@parkervision.com
         
         or
         
         Ron Stabiner
         Vice President
         The Wall Street Group, Inc.
         212-888-4848, rstabiner@thewallstreetgroup.com

ParkerVision, Inc. Logo

3 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,037.97 -42.17 -0.23%
S&P 500 2,108.92 -8.77 -0.41%
NASDAQ 5,060.2460 -31.8390 -0.63%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs