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Prospector
Profile
07.1237
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| ANTs Software, Inc. |
NAICS |
518210 |
| 700 Airport Boulevard, Suite 300
Burlingame, CA 94010 |
Description |
Data Processing Services |
| (650) 931-0500 |
Employees |
49 |
| http://www.ants.com/ |
Revenue |
(mil) |
0.2870 |
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Income |
(mil) |
-15.1250 |
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Assets |
(mil) |
5.9960 |
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Liability |
(mil) |
2.1763 |
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(for the year ended 2006-12-31) |
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Category:
Loss/Deficit
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Event:
ANTs Software, Inc. reported a net loss of $4,699,139 for the three months ended June 30, 2007, compared to a net loss of $3,895,181 during the same quarter last year. For the six months ended June 30, 2007, the Company reported a net loss of $8,369,758, an increase over the net loss of $6,646,160 reported during the first half of 2006. As a result of its recurring losses, the Company has an accumulated deficit of $67,021,494 and only $781,384 in stockholder's equity as of June 30, 2007.
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Intellectual Property:
The Company has developed several proprietary technologies, all of which must be present to achieve results comparable to the ANTs Data Server. The Company filed 11 patent applications to obtain protection for its intellectual property. The Company has been granted 6 patents. The remaining 5 applications are pending and the Company awaits the Patent and Trademark Office’s action on those. The Company also claims copyright, trade secret and trademark protection in aspects of its business and technology and new intellectual property is under development on an ongoing basis. The Company was granted 3 patents in the 1980’s and 1990’s related to hardware designs developed during a time when the Company was producing a supercomputer: [SEC Filing 10-K 03-15-07]
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Description:
The Company engages in the development and marketing of relational database management system in the United States.
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Officers:
Francis K. Ruotolo (Chair); Joseph Kozak (Pres., CEO & Dir.); Clifford Hersh (Managing Dir. & Chief Scientist); Kenneth Ruotolo (EVP, Sec. & CFO); Jeffrey R. Spirn, Ph.D. (VP); David Segleau (VP); Rao Yendluri (VP)
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Auditor:
Burr Pilger & Mayer LLP
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Securities:
Common Stock-Symbol ANTS.OB; OTC BB;
56,601,545 common shares outstanding as of July 31, 2007.
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