Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Expo on Google News

2008 West
DIAMOND SPONSOR:
Data Direct
SOA, WOA and Cloud Computing: The New Frontier for Data Services
PLATINUM SPONSORS:
Red Hat
The Opening of Virtualization
GOLD SPONSORS:
Appsense
User Environment Management – The Third Layer of the Desktop
Cordys
Cloud Computing for Business Agility
EMC
CMIS: A Multi-Vendor Proposal for a Service-Based Content Management Interoperability Standard
Freedom OSS
Practical SOA” Max Yankelevich
Intel
Architecting an Enterprise Service Router (ESR) – A Cost-Effective Way to Scale SOA Across the Enterprise
Sensedia
Return on Assests: Bringing Visibility to your SOA Strategy
Symantec
Managing Hybrid Endpoint Environments
VMWare
Game-Changing Technology for Enterprise Clouds and Applications
Click For 2008 West
Event Webcasts

2008 West
PLATINUM SPONSORS:
Appcelerator
Get ‘Rich’ Quick: Rapid Prototyping for RIA with ZERO Server Code
Keynote Systems
Designing for and Managing Performance in the New Frontier of Rich Internet Applications
GOLD SPONSORS:
ICEsoft
How Can AJAX Improve Homeland Security?
Isomorphic
Beyond Widgets: What a RIA Platform Should Offer
Oracle
REAs: Rich Enterprise Applications
Click For 2008 Event Webcasts
SYS-CON.TV
Top Links You Must Click On


e.Digital Announces Third Quarter Results

SAN DIEGO, CA -- (Marketwire) -- 02/13/13 -- e.Digital Corporation (OTCQB: EDIG), a long standing source of innovation and future-defining patented technologies, today reported financial results for its third quarter of fiscal 2013, ended December 31, 2012.

The Company reported a net loss of $334,494 or $(0.00) per share for the third quarter of fiscal 2013, compared to a net income of $671,417 or $0.00 per share for the prior year's third quarter. For the third quarter of fiscal 2013 revenues totaled $79,072 compared to $1,281,845 for the third quarter of the prior year. The most recent quarter included $0 of patent license revenues compared to $1,155,000 for the third quarter of the prior year. Gross profit for the third quarter was $6,351 or 8% of revenues, compared to $1,140,046 or 89% of revenues, for the prior year's third quarter. Operating expenses decreased to $400,045 from $437,629 for the prior year's comparable quarter primarily due to reduced patent related costs.

For the nine months ended December 31, 2012 the Company reported a net loss of $1,043,482 or $(0.00) per share on revenues of $336,567. For the comparable nine months of the prior year the Company reported net income of $1,566,084 or $0.01 per share on revenues of $4,506,151. The Company's results are impacted by the timing and amount of license fees and there were no significant licensing revenues so far in fiscal 2013.

"Q3 was essentially a transitional quarter for e.Digital," commented Fred Falk, President and CEO of e.Digital. "With the reexamination of two of our key patents behind us, we were able to reignite our patent monetization efforts. Through our newly retained law firm, Handal & Associates, we have been aggressively pursuing parties believed to infringe the Company's Flash-R™ patents covering the use of flash memory technologies." In October and November 2012, the Company commenced new enforcement action by filing six complaints in the U.S. District Court for the Southern District of California. In December 2012 and January 2013 the Company filed an additional ten complaints asserting that products made and sold by the defendant companies infringe the Company's U.S. patents, and dismissed one defendant without prejudice. "We will continue to work hard to protect and enforce the Company's intellectual property and we expect to see positive results through our efforts," continued Falk.

In addition to the Flash-R progress, Q3 was a milestone quarter for new technology development. The Company was granted six patents for context and interpersonal awareness systems technologies, thereby establishing rights and officially launching the Company's Nunchi® patent portfolio. Over the last several months, the Company filed three new Nunchi related patent applications. The Company is also currently developing technologies in the areas of cloud technology, information security and user authentication. "As we return to monetizing our Flash-R patent portfolio we are also now better poised to pursue Nunchi licensing opportunities and to bring on-line our next family of IP," concluded Falk.

About e.Digital Corporation: For more than 20 years, e.Digital's ideas and inventions have impacted the evolution of consumer products. Today, e.Digital innovations, including its Flash-R™ portfolio of flash memory-related patents, are essential to many portable consumer electronic products. The Company pioneered dedicated portable in-flight entertainment systems and more than 30 airlines have made e.Digital powered products their in-flight entertainment choice. For more information about e.Digital, please visit: www.edigital.com.

Safe Harbor statement under the Private Securities Litigation Reform of 1995: All statements made in this document, other than statements of historical fact, are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act. You should not place undue reliance on these statements. We base these statements on particular assumptions that we have made in light of our industry experience, the stage of product and market development, expected future developments and other factors that we believe are appropriate under the circumstances. These forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about the businesses of the Company and the industries and markets in which the Company operates. Actual outcomes and results may differ materially from what is expressed or implied by the forward-looking statements. More information about potential factors that could affect the Company can be found in its most recent Form 10-K, Form 10-Q and other reports and statements filed with the Securities and Exchange Commission ("SEC"). e.Digital Corporation disclaims any intent or obligation to update these or any forward-looking statements, except as otherwise specifically stated by it.


                    e.Digital Corporation and subsidiary
                    Condensed Consolidated Balance Sheet
                   (000's omitted except per share amount)
                                 (unaudited)

                                                   December 31,   March 31,
                                                       2012         2012
                                                         $            $
ASSETS
  Current
    Cash                                                  2,051        3,125
    Accounts receivable                                     122          168
    Inventory                                                30           98
    Deposits and prepaid expenses                            61           40
                                                   ------------ ------------
  Total current assets                                    2,264        3,431
    Property and equipment, net                              14           18
    Inventory, long-term                                    106           89
                                                   ------------ ------------
  Total assets                                            2,384        3,538
                                                   ============ ============

LIABILITIES AND STOCKHOLDERS' EQUITY
  Current
    Accounts payable                                         73          100
    Accrued and other                                       110          211
                                                   ------------ ------------
  Total current liabilities                                 183          311
  Stockholders' equity                                    2,201        3,227
                                                   ------------ ------------
  Total liabilities and stockholders' equity              2,384        3,538
                                                   ============ ============


          e.Digital Corporation and subsidiary
     Condensed Consolidated Statement of Operations
        (000's omitted except per share amount)
                      (unaudited)

                                        For the three       For the nine
                                           months              months
                                     ended December 31,  ended December 31,
                                       2012      2011      2012      2011
                                         $         $         $         $
Revenues                                   79     1,282       337     4,506
Cost of revenues                           73       142       269     1,598
                                     --------  --------  --------  --------
  Gross profit                              6     1,140        68     2,908
Operating expenses:
  Selling and administrative              269       219       724       699
  Research and related expenditures       131       219       446       512
                                     --------  --------  --------  --------
Total operating expenses                  400       438     1,170     1,211
                                     --------  --------  --------  --------
Operating income (loss) before
 income taxes                            (394)      702    (1,102)    1,697
Provision for income taxes                 59       (31)       59      (132)
                                     --------  --------  --------  --------
Income (loss)                            (335)      671    (1,043)    1,565
Dividends on preferred stock                -         -         -         -
                                     --------  --------  --------  --------
Income (loss) attributed to common
 stockholders                            (335)      671    (1,043)    1,565
                                     ========  ========  ========  ========
Income (loss) per common share -
 basic and diluted                      (0.00)     0.00     (0.00)     0.00
                                     ========  ========  ========  ========

Weighted average common shares
 outstanding
  Basic and diluted                   293,008   293,003   293,005   293,003
                                     ========  ========  ========  ========

About Marketwired .
Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Enterprise Open Source Magazine Latest Stories . . .
Cloud Foundry open Platform as a Service makes it easy to operate, scale and deploy application for your dedicated cloud environments. It enables developers and operators to be significantly more agile, writing great applications and deliver them in days instead of months. Cloud Foundr...
Silver shows that predictions in areas such as economics have been less successful, e.g. he examines why many economists missed the recession, and why supposedly expert forecasters get election predictions wrong so often. For example, before the recession of 2008, the assumption was ma...
The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development cycles that produce software that is ob...
You can then easily piece together full transaction traces by ordering all method calls by sequence number. Further analysis can be applied to this information for a number of purposes. For example, by analysing the transactions, developers can easily construct design diagrams that can...
Every day and every second, the system administrator gets tones of information on the network operation, network devices’ operation, and messages from users; he sets dozens of challenges, which must help to avoid the existing and possible problems in the future. Often, it is rather dif...
With the increasing complexity of software, organizations are more cognizant than ever about the potential pitfalls of including open source code in their products. Below are some quick tips to continue leveraging open source code, while keeping your manager and legal department happy.
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021




SYS-CON Featured Whitepapers
ADS BY GOOGLE