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Prospector
Profile
128-03
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| Vyyo, Inc. |
NAICS |
517919 |
| 6625 The Corners Parkway, Suite 100
Norcross, GA 30092 |
Description |
Internet Service Providers |
| (678) 282-8000 |
Employees |
139 |
| http://www.vyyo.com/ |
Revenue |
(mil) |
8.0000 |
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Income |
(mil) |
-29.4260 |
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Assets |
(mil) |
32.1490 |
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Liability |
(mil) |
35.7620 |
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(for the year ended 2006-12-31) |
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Category:
Loss/Deficit
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Event:
Vyyo, Inc. had a net loss of $11.04 million on total revenues of $623,000 for the three months ended March 31, 2007, much higher than the net loss of $7.98 million on total revenues of $2.64 million reported for the three months ended March 31, 2006. The Company also used cash for operating activities of $5.3 million for the three months ended March 31, 2007, compared to $4.09 million used in operations for the three months ended March 31, 2006. The Company's balance sheet at March 31, 2007, showed an accumulated deficit of $275.62 million and stockholders' deficit of $13.02 million.
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Intellectual Property:
The Company relies on a combination of patent, copyright and trademark laws, trade secrets and confidentiality and other contractual provisions to establish and protect proprietary rights. Its Cable Solutions segment has 1 issued patent in the United States and 36 patent applications pending worldwide, including 13 in the United States. The Company's Wireless Solutions segment has 10 issued patents, all in the United States. It also relies on unpatented trade secrets and know-how and proprietary technological innovation and expertise, which are protected in part by confidentiality and invention assignment agreements with employees, advisors and consultants and non-disclosure agreements with suppliers and distributors. [SEC Filing 10-K 04-02-07]
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Description:
Vyyo provides cable and wireless broadband access solutions for residential and business services in the United States, Malaysia, the People's Republic of China, and internationally.
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Officers:
Wayne H. Davis (CEO); Arik Levi (CFO); Margaret A. Bellville (Dir.); Ronn Benatoff (Dir.); Lewis S. Broad (Dir.); Neill H. Brownstein (Dir.); James A. Chiddix (Dir.); Avraham Fischer (Dir.); Davidi Gilo (Dir.); John P. Griffin (Dir.); Samuel L. Kaplan (Dir.); Alan L. Zimmerman (Dir.)
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Auditor:
Kesselman & Kesselman CPAs
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Securities:
Common Stock-Symbol VYYO; Nasdaq;
18,659,720 common shares outstanding as of December 14, 2007.
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