Silicon war ein Verschreiber, sorry, zu den anderen Inf. stöber mal in den amerikanischen Boards!!
und dann schau Dir bitte mal dem aktuellen Report an und stell keine uralten Artikel rein ;-)
Gruß Poelsi
Fonix Files June 30, 2002 Quarterly Report
SALT LAKE CITY, Aug 09, 2002 /PRNewsire-FirstCall via Comtex/ -- Fonix(R)
Corporation (OTC Bulletin Board: FONX), a leading provider of natural-user
interface solutions for wireless and mobile devices, Internet and telephony
systems, and vehicle telematics, today announced financial results for the three
months and six months ended June 30, 2002.
Revenue from license fees, royalties, and services was $679,197 for the three
months ended June 30, 2002, reflecting a 531% increase of $571,629 over revenue
reported for the same period in 2001. Revenue from license fees, royalties, and
services was $977,981 for the six months ended June 30, 2002, reflecting a 307%
increase of $737,700 over revenue reported for the same period in 2001. "The
revenue increase during the second quarter and through the year so far reflects
the Company's aggressive focus to deliver speech- enabling solutions to our
customers," said Thomas A. Murdock, Chairman and CEO of Fonix Corporation.
"While we see growth in revenue over the prior year's results to date, we know
we have not met our operating requirements. However, our momentum and customer
acceptance provide a base for achievement of our financial goals."
"As revenue grows and operating costs decrease, we see a path towards
breakeven," said Roger D. Dudley, Executive Vice President and CFO. "However, to
support the operating shortfall the Company will continue to access the capital
markets as reflected by the funding of a third equity line. During the recent
market volatility and uncertainty, we appreciate the support of our shareholders
and private equity investor."
Fonix reported a net loss of $6.0 million ($0.01 per common share) for the three
months ended June 30, 2002, compared to a net loss of $6.5 million ($0.03 per
common share) for the three months ended June 30, 2001 and a net loss of $11.7
million ($0.03 per common share) for the six months ended June 30, 2002,
compared to a net loss of $10.8 million ($0.05 per common share) for the six
months ended June 30, 2001. Operating expenses remained essentially flat at $6.4
million in the second quarter of 2002 compared to $6.4 million in the second
quarter of 2001 and increased $1.3 million from $10.8 million for the six months
ended June 30, 2001 to $12.1 million for the same period in 2002.
FONIX(R) CORPORATION
CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS INFORMATION
For the Three Months Ended For the Six Months Ended
June 30, June 30, June 30, June 30,
2002 2001 2002 2001
Revenues $679,179 $107,568 $977,981 $240,281
Cost of revenues 140,325 12,522 158,330 19,521
Gross margin 538,872 95,046 819,651 220,760
Expenses:
Selling, general
and
administrative 3,383,999 3,306,801 6,577,793 5,453,702
Product
development
and research 2,590,988 2,483,627 4,718,252 4,139,276
Amortization of
intangible
assets 380,775 607,136 761,550 1,214,273
Total
expenses 6,355,762 6,397,564 12,057,595 10,807,251
Loss from
operations (5,816,890) (6,302,518) (11,237,944) (10,586,491)
Other income
(expenses), net 20,627 (46,820) (9,187) (11,464)
Loss from
continuing
operations (5,796,263) (6,349,338) (11,247,131) (10,597,955)
Equity in net
loss of
affiliate (204,640) (194,427) (432,946) (194,427)
Net loss $(6,000,903) $(6,543,765) $(11,680,077) $(10,792,382)
Basic & diluted
net loss per
common share $(0.01) $(0.03) $(0.03) $(0.05)
CONDENSED CONSOLIDATED BALANCE SHEET INFORMATION
As of As of
June 30, 2002 December 31, 2001
Total Assets $13,984,525 $15,068,568
Total Liabilities 8,872,575 7,346,918
Total Stockholders' equity 5,111,950 7,721,620