DPAC DPAC Technologies Corp. featured news, full reports, and detailed charts
DPAC Technologies Corp. (DPAC/DPAC.OB) Wrap Up:
DPAC Technologies Corp., through its subsidiary, QuaTech, Inc., engages in the design, manufacture, and sale of device connectivity and device networking solutions. The company’s device connectivity products include multi-port serial boards that add ports to desktop computers to allow the connection of multiple peripherals with standard interfaces; and mobile products that add ports for laptop and handheld computers, which include multi-port serial adapters, parallel port adapters, and bluetooth products. It also provides USB to serial products that add standard serial ports to computing environment through a USB port; and data acquisition products consisting of PC cards providing analog to ...DPAC Technologies Corp. (DPAC:OTC Bulletin Board Market)
Snapshot of DPAC Technologies Corp. (DPAC)
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OPEN
$0.03
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PREVIOUS CLOSE
$0.03
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DAY HIGH
$0.03
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DAY LOW
$0.03
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52 WEEK HIGH
06/5/09 - $0.04
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52 WEEK LOW
09/11/09 - $0.01
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MARKET CAP
3.0M
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AVERAGE VOLUME 3 mo
5.3K
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DILUTED EPS TTM
$-0.0081
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SHARES OUTSTANDING
107.2M
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DPAC Does Not Pay Dividends
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P/E TTM
NM
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| K = Thousands M = Millions B = Billions | ||
DPAC Top Compensated Officers
Executives, Board Directors
Key developments for DPAC Technologies Corp. (DPAC)
Quatech Inc. (DPAC Technologies Corp.) is now shipping of advanced Enterprise Class 802.11b/g Wireless Ethernet Bridge adapters. The Airborne Wireless Ethernet Bridge allows Ethernet enabled devices to connect to a high performance wireless 802.11 network. Available in external or embedded board versions, the units provide an integrated Network Address Translation (NAT) functionality, which provides plug and play connectivity and simple integration to any system with an Ethernet port. Equipped with WPA-2 Enterprise Class security, the Quatech Ethernet Bridge supports the most flexible certificate delivery and management available in the M2M market. Capable of storing multiple certificates and private keys with support for PEM, DER, P12 and PFX formats, the management interface provides full control of delivery and configuration to ease end-user implementation of Enterprise-class embedded security. Along with WEP, WPA, WPA2, 802.11i and Pre-shared Key (PSK), the integrated supplicant supports a wide variety of EAP processes including EAP-TLS/MSCHAPv2, EAP-TLS/MD5, EAP-TTLS/MSCHAPv2, and LEAP.
DPAC Technologies Corp. reported earnings results for the first quarter ended March 31, 2009. For the quarter, the company reported a net loss of $223,604. In contrast, the company posted a net loss of $340,078 for the same quarter in the previous year.
DPAC Technologies Corp. reported consolidated unaudited earnings results for its fourth quarter and year ended December 31, 2008. For the fourth quarter of 2008, net sales of $1.8 million decreased 45% from net sales of $3.3 million in the fourth quarter of 2007, and increased 5% from net sales of $1.7 million in the third quarter of 2008. Net sales related to the company's Device Connectivity products decreased by $823,000, or 41%, and increased $34,000, or 3%, as compared to the fourth quarter of 2007 and third quarter of 2008, respectively. Net sales related to the company's Device Networking products, including the Airborne wireless product line, decreased by $642,000, or 50%, and increased $60,000, or 10% as compared to the fourth quarter of 2007 and third quarter of 2008, respectively. The company reported a loss from operations of $39,000 as compared to operating income of $215,000 for the fourth quarter of 2007 and an operating loss of $118,000 for the third quarter of 2008. The company's reported a net loss of $77,000 as compared to net income of $84,000 for the prior year's fourth quarter and a net loss of $271,000 for the third quarter of 2008. Net sales of $9.2 million for fiscal year 2008 decreased by 25% from net sales of $12.1 million for 2007. Net sales related to the company's Device Connectivity products decreased by $2.2 million, or 29%, and net sales related to the company's Device Networking products, including the Airborne wireless product line, decreased by $771,000, or 17% from the year ended December 31, 2007. The company reported an operating loss of $117,000 for 2008 as compared to an operating profit of $273,000 for 2007. The company reported a net loss for the current year of $799,000 compared to a net loss of $766,000 for the prior year. Interest expense incurred of $695,000 for 2008 included non-cash charges totaling $116 000, for the amortization of deferred financing charges and the accretion of success fees and amortization of the discount on the subordinated debt. The company recorded a non-cash gain of $13,000 during the current year as compared to $415,000 for the prior year for the fair value adjustment of the put warrant liability. Although the company reported a loss of $799,000 for 2008, a significant portion of its operating expenses are non-cash, including depreciation and amortization of $603,000, non-cash interest expense of $116,000, and non-cash compensation expense for stock options of $74,000.
DPAC Competitors
| Company | Last | Change |
| Digi International Inc | $7.70 USD | +0.01 |
| ITM Technology | €0.05 EUR | 0.00 |
| Lantronix Inc | $0.54 USD | +0.0088 |
| Socket Mobile Inc | $3.05 USD | -0.0425 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | DPAC | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 0.4x |
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| Price/Book | 2.4x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | NM | Not Meaningful |
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DPAC |
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DPAC transactions
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| No transactions in the last 6 months. | ||
More Recent News About DPAC Technologies Corp.
More news for DPAC
DPAC TECHNOLOGIES CORP Files SEC form 8-K, Entry into a Material Definitive Agreement
Item 1.01. Entry into a Material Definitive Agreement. On September 30, 2009, QuaTech, Inc., an Ohio corporation ("QuaTech") and a wholly owned subsidiary of DPAC Technologies Corp., a California corporation ("DPAC" or the "Company"), entered into an Asset Purchase Agreement (the "Agreement") with Socket Mobile, Inc. ("Socket") and Development Capital Ventures, L.P. ("DCV"), a majority shareholder of the Company. Pursuant to the Agreement, QuaTech agreed to purchase all assets of Socket which pertain to Socket's serial card business (the "Business"), including but not limited to (i) the tangible personal property and assets of Socket related to the Business (the "Assets"); (ii) Socket's right, title and interest in, to and under any contract, purchase order, license or other agreement to the ownership, manufacture and distribution of the Assets; (iii) certain rights to, interests in and agreements relating to the intellectual property and proprietary rights related to or useful in connection with the Business and Assets and (iv) all of Socket's customer lists and other records, files, data, reports, lists, ledgers, market studies, books and records used in or relating to the Business as currently conducted or as currently proposed to be conducted (collectively, the "Acquired Assets"). Under the Agreement, QuaTech agreed to purchase the Acquired Assets from Socket for a price of $500,000; $450,000 was payable on closing and $50,000 will be payable upon the attainment by QuaTech of $250,000 in quarterly sales revenue from the sale of SocketSerial products in any quarter through and including the quarter ending December 31, 2010. DCV agreed to serve as an intermediary in said transaction, to fund the purchase of and take initial ownership of the Acquired Assets, and, upon completion of the transaction, to immediately transfer the Acquired Assets to QuaTech in consideration for the issuance of certain sh...Click here to read the whole Article (external link)
Quatech Announces Order from Welch Allyn for New 802.11 Embedded Radio
HUDSON, Ohio--(BUSINESS WIRE)--Quatech, Inc., a leader in wireless machine-to-machine (M2M) networking and device connectivity solutions, announces that they are shipping dual-band 802.11a/b/g radios to Welch Allyn, a leading global manufacturer of frontline medical products and solutions. The Quatech-supplied radios are utilized in Welch Allyn FlexNet™ for 802.11 life-critical wireless networks. FlexNet™ is a technology that allows clinicians to operate real-time patient monitoring on a shared 802.11 a/b/g network along with other hospital devices. This technology offers robust performance and scalability, the highest standards for network security, minimal bandwidth requirements for continuous monitoring data and minimal power consumption for industry-leading monitor battery life. In addition to supporting continuous patient monitoring products, Quatech radios are now also available in Welch Allyn Spot Vital Signs® LXi devices.The Quatech 802.11a/b/g radio solution enables Welch Allyn to deliver industry-leading performance, reliability and security. FlexNet™ supports up to 24 channels in the 5 GHz band, and orthogonal frequency division multiplexing (OFDM) increases immunity to multipath propagation effects. In addition, forward error control (FEC) increases channel reliability. The Quatech 802.11a/b/g radio solution supports WPA2 Advanced Encryption Standard (AES)/802.11i and certificate-based authentication/802.1x (EAP-TLS, TTLS, PEAP) as well as other 802.11 standards for improved network performance.“Quatech is pleased to announce our support for Welch Allyn’s FlexNet™ technology,†said Steve Runkel, Quatech president and CEO. “It is a ...Click here to read the whole Article (external link)
DPAC TECHNOLOGIES CORP Financials
Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback Quotes delayed, except where indicated otherwise.Delay times are 15 mins for NASDAQ, 20 mins for NYSE and Amex. See also delay times for other exchanges.Fundamental company data provided by Capital IQ. Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quotes are delayed at least 15 minutes. Real-...Click here to read the whole Article (external link)
DPAC TECHNOLOGIES CORP Files SEC form 10-Q, Quarterly Report
Management's Discussion and Analysis of Financial Condition and Results of Operations Introduction/Business Overview DPAC, through its wholly owned subsidiary, QuaTech, designs and sells device connectivity and device networking solutions for a broad market. QuaTech sells its products through a global network of distributors, system integrators, value added resellers, and original equipment manufacturers ("OEM"). QuaTech also offers data acquisition products to a limited number of OEM customers and resellers. QuaTech products can be categorized into two broad product lines: Our Device Connectivity products include: • Multi-port serial boards that add ports to desktop computers to allow for the connection of multiple peripherals with standard interfaces. These products are used in a variety of industries including banking, transportation management, kiosks, satellite communications, and retail point of sale. • Mobile products that add ports for laptop and handheld computers. These products include multi-port serial adapters, parallel port adapters, and Bluetooth products. • USB to Serial products that add standard serial ports to any computing environment through a USB port. These products address the need to add connectivity through a solution that is external to the computer. These products are used in several markets including retail point of sale and kiosks. Our Device Networking products include: • Serial device server products that connect peripherals to a local area network through a standard TCP/IP interface. This product line was introduced in 2003 and was extended in 2004 through the introduction of product models that connect to the local area network through a wireless 802.11 interface. • Industrial rated, embedded wireless modules that enable OEM customers to add standard 802.11 connectivity capabilities to their products. These modules address the needs of a number of industries including transportation, telematics,...Click here to read the whole Article (external link)
DPAC TECHNOLOGIES CORP Files SEC form 10-K, Annual Report
ITEM 7: MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATION The following discussion and analysis of our financial condition and results of operations should be read in conjunction with the financial statements and notes to those statements included elsewhere in this Report. This discussion contains certain forward-looking statements that involve risks and uncertainties, such as statement of our plans, objectives, expectations and intentions. Our actual results could differ materially from those discussed here. The cautionary statements made in this Report should be read as being applicable to all forward-looking statements wherever they appear. Numerous important factors, risks and uncertainties affect our operations and could cause actual results to differ materially from those expressed or implied by these or any other forward-looking statements made by us or on our behalf. Factors that could cause or contribute to such differences include those discussed in "Risk Factors," as well as those discussed elsewhere herein. We undertake no obligation to publicly release the result of any revisions to these forward-looking statements that may be required to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. Period-to-period comparisons of our financial results are not necessarily meaningful and should not be relied upon as indications of future performance. It is likely that from time to time our operating results will be below the expectations of some investors and not above the expectations of enough investors. In such events, the market price of our Common Stock would be adversely affected, in some proportion, and perhaps disproportionately. We ourselves have difficulties forecasting, and there are numerous risks and uncertainties concerning, the timing of our customers' initiating their production orders and the amounts of such orders, fluctuating market demand for and declines i...Click here to read the whole Article (external link)
DPAC TECHNOLOGIES CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Completion of Acquisition or D
Show all filings for DPAC TECHNOLOGIES CORP | Request a Trial to NEW EDGAR Online Pro Form 8-K for DPAC TECHNOLOGIES CORP 6-Jan-2009Entry into a Material Definitive Agreement, Completion of Acquisition or D Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information pr...Click here to read the whole Article (external link)
DPAC TECHNOLOGIES CORP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Ex
Show all filings for DPAC TECHNOLOGIES CORP | Request a Trial to NEW EDGAR Online Pro Form 8-K for DPAC TECHNOLOGIES CORP 14-Nov-2008Results of Operations and Financial Condition, Financial Statements and Ex Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information p...Click here to read the whole Article (external link)
DPAC TECHNOLOGIES CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financial
Item 1.01. Entry into a Material Definitive Agreement. Amendment to Senior Subordinated Note and Warrant Purchase Agreement (1) Effective on October 10, 2008, DPAC Technologies Corp., a California corporation (the "Company") and its wholly owned subsidiary, QuaTech, Inc., an Ohio corporation ("QuaTech") entered into Amendment No. 1 to Senior Subordinated Note and Warrant Purchase Agreement and Amendment No. 1 to Security Agreement (the "Amendment") to the Senior Subordinated Note and Warrant Purchase Agreement dated January 31, 2008 among the Company, QuaTech and Canal Mezzanine Partners, L.P. ("Canal") (the "Canal Purchase Agreement") and the Security Agreement dated January 31, 2008 among the Company, QuaTech and Canal (the "Canal Security Agreement"). The material terms of the Canal Purchase Agreement and Canal Security Agreement were previously reported in the Company's current report on Form 8-K filed with the Securities and Exchange Commission on February 5, 2008 (the "February 5, 2008 Current Report"). Pursuant to the Canal Amendment, the Company and QuaTech have issued and sold to Canal an additional Senior Subordinated Note (the "Second Canal Note") for $250,000, due on January 31, 2009, and the Company has issued and sold to Canal a warrant to purchase the common stock of the Company in an amount representing 0.75% of the Company's fully diluted common stock on the date of exercise (the "Second Canal Warrant"). The Second Canal Note bears interest at 13% annually, payable monthly in arrears, and may be prepaid under certain circumstances. Additionally, to the extent that the Company and Canal have not refinanced the Second Canal Note prior to its maturity on January 31, 2009, the maturity date may be extended by the Company until January 31, 2013 upon payment of an extension fee of $25,000 to Canal. The Second Canal Note is governed by the Canal Purchase Agreement, as amended ...Click here to read the whole Article (external link)