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Our principal business is the development, licensing and protection of our intellectual property assets. We presently own one hundred nineteen (119) U.S. patents, fifty-four (54) of such patents have expired, and fifteen (15) foreign patents (unexpired) relating to (i) our M2M/IoT patent portfolio relating to, among other things, enabling technology for authenticating and using eSIM (embedded S…
The business is unprofitable at the operating level (-2204.00% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue up 50.0% YoY with margins expanding 1417.0pp.
Insufficient data to identify specific risks. Treat any missing metrics as a data gap, not a clean bill of health.
Profitability & Returns
Revenue (FY)
$150K
▲ +50.0% YoY
Net Income (TTM)
-$3M
▲ +20.2% YoY
Op. Margin
-2204.00%
▲ +1417.0pp YoY
ROIC
-8.03%
▼ -0.2pp YoY
Cash Flow & Balance Sheet
FCF
N/A
Op. Cash Flow (TTM)
-$1M
▲ +19.2% YoY
Net Debt
-$35M
Net Cash Position
Cash & Equiv.
$35M
5Y CAGR: -45.2%
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