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Prospector
Profile
07.1118
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| IMAX Corporation |
NAICS |
334220 |
| 2525 Speakman Drive
Mississauga, Ontario, Canada L5K 1B1 |
Description |
Video Equipment Mfg. |
| (905) 403-6500 |
Employees |
345 |
| http://www.imax.com/ |
Revenue |
(mil) |
192.2700 |
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Income |
(mil) |
-16.8900 |
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Assets |
(mil) |
227.0400 |
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Liability |
(mil) |
279.1700 |
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(for the year ended 2006-12-31) |
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Category:
Loss/Deficit
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Event:
IMAX Corp. posted a $4,780,000 net loss on $27,157,000 of total revenues for the first quarter ended March 31, 2007, as compared with a $3,738,000 net loss on $23,265,000 of total revenues for the same quarter in the prior year. At March 31, 2007, the Company had $217,866,000 in total assets and $276,592,000 in total liabilities, resulting in a $58,726,000 stockholders' deficit.
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Intellectual Property:
The Company’s inventions cover various aspects of its proprietary technology and many of these inventions are protected by Letters of Patent or applications filed throughout the world, most significantly in the United States, Canada, Belgium, Japan, France, Germany and the United Kingdom. The patents, applications and other licenses cover theater design and geometry, electronic circuitry and mechanisms employed in film projectors and projection equipment, a method for synchronizing digital data, a method of generating stereoscopic (3D) imaging data from a 2D source, a process for digitally re-mastering 35mm films into 15/70-format, a method for increasing the dynamic range and contrast of projectors, a method for visibly seaming or superimposing images from multiple projectors and other inventions relating to digital projectors. The Company currently holds or licenses 46 patents, has 7 patents pending in the United States and has corresponding patents or filed applications in many countries throughout the world. The Company's trademarks include IMAX®, The IMAX Experience®, An IMAX Experience®, IMAX DMR®, IMAX® 3D, IMAX® Dome, IMAX MPX®, IMAX think big® and think big®. The Company also owns the service mark IMAX THEATRE™. [SEC Filing 10-K 07-20-07]
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Description:
The Company designs, manufactures, sells, and leases projection systems based on its patented technology for large-format, 15-perforation film frame, 70mm format theaters.
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Officers:
Bradley J. Weschler (Co-Chair & Co-CEO); Richard L. Gelfond (Co-Chair & Co-CEO); Edward MacNeil (CFO); Jeffrey Vance (Co-Controller); Vigna Vivekanand (Co-Controller); Neil S. Braun (Dir.); Kenneth G. Copland (Dir.); Garth M. Girvan (Dir.); David W. Leebron (Dir.); Marc A. Utay (Dir.)
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Auditor:
PricewaterhouseCoopers LLP
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Securities:
Common Stock Symbol IMAX; NasdaqGM;
40,288,074 common shares outstanding as of June 30, 2007.
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