UniPixel -8.3% AH. Company aiming for 2H commercial volumes.


UniPixel (UNXL) states in its Q4 report it's now planning to achieve commercial touch sensor volumes in 2H14, after finalizing its manufacturing process in 1H.

The company also says it received three touch sensor purchase orders in Q4, one from its PC OEM partner (believed to be Dell), and "shipped one of these orders in December from low-volume, lab-based production."

UniPixel revised its license deal with its PC OEM partner. The company now has the right to sell its touch sensors "for use in competing notebook applications," but won't receive milestone payments.

"A number of potential candidates" have been interviewed during UniPixel's CEO search.

Cash/equivalents totaled $39.4M at the end of Q4. R&D spend nearly doubled Y/Y to $3.1M, and SG&A spend more than doubled to $3.1M.

Q4 results, PR

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Comments (8)
  • BILLYJIMBOB1
    , contributor
    Comments (50) | Send Message
     
    SO much ado about nothing.... Seems as the same story as last year and with delayed production I am struggling as to why I still own this
    26 Feb 2014, 06:21 PM Reply Like
  • bullchin
    , contributor
    Comments (842) | Send Message
     
    Why would anyone wants to own shares in UNXL???
    26 Feb 2014, 07:39 PM Reply Like
  • shakazoid
    , contributor
    Comments (246) | Send Message
     
    Am sure the delay is due to Windows 8.1 Service Pack 1. This company is a total fraud
    26 Feb 2014, 10:22 PM Reply Like
  • Stock Market Mike
    , contributor
    Comments (3648) | Send Message
     
    "UniPixel revised its license deal with its PC OEM partner. The company now has the right to sell its touch sensors "for use in competing notebook applications," but won't receive milestone payments."

     

    You mean the company realized they were receiving worthless garbage and refused to fork over any other money?

     

    Well, that's the going theory, at least. Nice spin.

     

    -Mike
    27 Feb 2014, 01:10 AM Reply Like
  • bullchin
    , contributor
    Comments (842) | Send Message
     
    License agreement and no milestone payment means they didn't deliver what they promise to get milestone payment.
    License agreement is only valid if these client is willing to use it but why would they use if they didn't meet the milestone?? Right.
    Am sure the Longs will continue to see license agreement as a revenue stream in the future and verbose more about that.
    27 Feb 2014, 06:18 AM Reply Like
  • bullchin
    , contributor
    Comments (842) | Send Message
     
    Can you image we are ending 1 quarter next month with no momentum but more expenditure so why value unxl at higher than now if earnings loss was greater than expected???
    Once they hire new CEO, he will have his 90 days to develop a plan so how many quarters of burning will exists??
    27 Feb 2014, 06:21 AM Reply Like
  • Thesavvyinvestor
    , contributor
    Comments (185) | Send Message
     
    Cash and cash equivalent triple in a year of very little revenue? What am I missing?
    5 Mar 2014, 01:35 PM Reply Like
  • Eric Jhonsa
    , contributor
    Comments (1276) | Send Message
     
    April stock offering at $32:

     

    http://seekingalpha.co...
    5 Mar 2014, 01:41 PM Reply Like
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