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Prospector
Profile
07.1076
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| Xplore Technologies Corporation |
NAICS |
334100 |
| 14000 Summit Drive, Suite 900
Austin, TX 78728 |
Description |
Computers Mfg. |
| (512) 336-7797 |
Employees |
72 |
| http://www.xploretech.com/index.pl |
Revenue |
(mil) |
34.5340 |
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Income |
(mil) |
-6.6150 |
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Assets |
(mil) |
11.1140 |
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Liability |
(mil) |
5.5690 |
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(for the year ended 2007-03-31) |
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Category:
Loss/Deficit
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Event:
Xplore Technologies Corporation reported a net loss of $6,615,000 for the fiscal year ended March 31, 2007, much lower than the net loss reported of $8,986,000 and $10,501,000, for the years ended March 31, 2006 and 2005, respectively. The Company reported revenues of $34,534,000 for the year ended March 31, 2007, compared to revenues of $27,480,000 in 2006 and $17,530,000 in 2005. As a result of its recurring losses, the Company has an accumulated deficit of $91,957,000 as of March 31, 2007.
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Intellectual Property:
The Company’s performance and ability to compete are dependent to a significant degree on proprietary technology. The Company relies primarily upon a combination of patent, copyright and trade secret laws and license agreements to establish and protect proprietary rights in its products and technology. It has four U.S. patents and one Canadian patent, along with two U.S. patent applications and one Canadian patent application. The Company is seeking to obtain patent protection for certain key components of its technology. [SEC Filing 10-K 06-27-07]
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Description:
The Company engineers, develops, integrates and markets rugged, mobile computing systems.
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Officers:
Philip S. Sassower (Chair & CEO); Mark Holleran (Pres. & COO); Michael J. Rapisand (CFO & Sec.); Gregory E. Arends (VP); Andrea Goren (Dir.); Thomas F. Leonardis (Dir.); Brian E. Usher-Jones (Dir.)
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Auditor:
Mintz & Patners LLP
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Securities:
Common Stock-Symbol XLRTF.PK; Other OTC;
64,152,832 common shares outstanding as of May 31, 2007.
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