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RNWK Realnetworks

RealNetworks, Inc. is a provider of Internet streaming media delivery software and services based in Seattle, Washington, United States. The company also provides subscription-based online entertainment services and mobile entertainment and messaging services. RealNetworks was founded in 1994 by Rob Glaser, an ex-Microsoft executive, and a management team including Phil Barrett, Andy Sharpless, and Stephen Buerkle. The original goal of the company was to provide a distribution channel for politically progressive content. It evolved into a technology venture to leverage the Internet as an alternative distribution medium for audio broadcasts. Progressive Networks became RealNetworks in September 1997.

Company profile

RNWK stock data

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Calendar

13 May 21
31 Jul 21
31 Dec 21
Quarter (USD)
Mar 21 Dec 20 Sep 20 Jun 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD)
Dec 20 Dec 19 Dec 18 Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Cash burn rate (estimated) Burn method: Change in cash Burn method: Operating income/loss Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 18.65M 18.65M 18.65M 18.65M 18.65M 18.65M
Cash burn (monthly) 2.31M (positive/no burn) 3.48M 1.11M 2.33M 1.08M
Cash used (since last report) 9.27M n/a 13.98M 4.46M 9.34M 4.35M
Cash remaining 9.37M n/a 4.66M 14.18M 9.31M 14.3M
Runway (months of cash) 4.1 n/a 1.3 12.8 4.0 13.2

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
16 Mar 21 Christine Chambers RSU Common Stock Grant Aquire A No No 0 80,000 0 80,000
16 Mar 21 Christine Chambers Stock Options Common Stock Grant Aquire A No No 6.35 125,000 793.75K 125,000
15 Mar 21 Robert Glaser Common Stock Payment of exercise Dispose F No No 5.93 16,168 95.88K 13,362,189
15 Mar 21 Robert Glaser Common Stock Option exercise Aquire M No No 0 66,399 0 13,378,357
15 Mar 21 Robert Glaser RSU Common Stock Option exercise Dispose M No No 0 66,399 0 0
15 Mar 21 Robert Glaser RSU Common Stock Grant Aquire A No No 0 66,399 0 66,399
30 Dec 20 Jaffe Bruce A. Common stock Option exercise Aquire M No No 0 27,607 0 131,454
30 Dec 20 Jaffe Bruce A. RSU common stock Option exercise Dispose M No No 0 27,607 0 0
29 Dec 20 Michael B Slade Common stock Gift Aquire G Yes No 0 12,000 0 24,000
29 Dec 20 Michael B Slade Common stock Gift Aquire G Yes No 0 12,000 0 12,000

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

20.7% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 60 35 +71.4%
Opened positions 31 4 +675.0%
Closed positions 6 2 +200.0%
Increased positions 14 6 +133.3%
Reduced positions 9 14 -35.7%
13F shares
Current Prev Q Change
Total value 69.87M 15.53M +350.0%
Total shares 9.72M 9.94M -2.2%
Total puts 190.2K 0 NEW
Total calls 226.1K 98.4K +129.8%
Total put/call ratio 0.8
Largest owners
Shares Value Change
Renaissance Technologies 1.71M $7.29M -1.1%
Dimensional Fund Advisors 1.42M $6.05M +3.3%
Vanguard 1.07M $4.56M +17.2%
CM Management 1.03M $4.36M NEW
Driehaus Capital Management 830.61K $3.53M NEW
BLK Blackrock 699.47K $2.97M -5.6%
Fuller & Thaler Asset Management 378.23K $1.61M -8.5%
Millennium Management 339.12K $1.44M NEW
Ariel Investments 289.78K $1.23M -91.4%
Bridgeway Capital Management 250K $1.06M +13.6%
Largest transactions
Shares Bought/sold Change
Ariel Investments 289.78K -3.09M -91.4%
CM Management 1.03M +1.03M NEW
Driehaus Capital Management 830.61K +830.61K NEW
Millennium Management 339.12K +339.12K NEW
Essex Investment Management 0 -184.51K EXIT
Vanguard 1.07M +157.29K +17.2%
Acadian Asset Management 30.52K -136.93K -81.8%
Connacht Asset Management 113.16K +113.16K NEW
WFC Wells Fargo & Co. 107.57K +107.41K +69299.4%
MS Morgan Stanley 94.55K +94.49K +171801.8%

Financial report summary

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Risks
  • Our growth initiatives could take longer than planned, be unsuccessful, or deplete our cash resources, any of which would have a material adverse effect on the performance of our businesses and financial results, and could cause us to pursue additional debt or other funding sources.
  • We need to successfully monetize our new products and services in order to sustain and grow our businesses, and manage our cash resources.
  • Our businesses, including in connection with our growth initiatives, face substantial competitive challenges that may impair our success, thus negatively impacting our future growth.
  • Issues with the use of artificial intelligence, or AI, in our offerings could result in reputational harm or liability.
  • Our operating results are difficult to predict and may fluctuate, which may contribute to weakness or volatility in our stock price.
  • Any impairment to our goodwill, definite-lived, and right-of-use operating lease assets could result in a material charge to our earnings.
  • Difficulty recruiting and retaining key personnel could significantly impair our operations or jeopardize our ability to meet our growth objectives.
  • Acquisitions and divestitures involve costs and risks that could harm our business and impair our ability to realize potential benefits from these transactions.
  • Government regulation of the Internet, facial recognition technology, artificial intelligence and other related technologies is evolving, and unfavorable developments could have an adverse effect on our operating results.
  • We face financial and operational risks associated with doing business in non-U.S. jurisdictions and operating a global business, that have in the past and could in the future have a material adverse impact on our business, financial condition and results of operations.
  • Our business and operating results will suffer and we may be subject to market risk and legal liability if our systems or networks fail, become unavailable, unsecured or perform poorly so that current or potential users do not have adequate access to our products, services and websites.
  • Changes in regulations applicable to the Internet and e-commerce that increase the taxes on the services we provide could materially harm our business and operating results.
  • Changes in accounting standards and subjective assumptions, estimates, and judgments by management related to complex accounting matters could significantly affect our financial results or financial condition.
  • We may be subject to additional income tax assessments and changes in applicable tax regulations could adversely affect our financial results.
  • Our Chairman of the Board and Chief Executive Officer beneficially owns 38.5% of our common stock, which gives him significant control over certain major decisions on which our shareholders may vote or which may discourage an acquisition of us.
  • Provisions of our charter documents, shareholder rights plan, and Washington law could discourage our acquisition by a third party.
Content analysis
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Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. sophomore Good
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Patents

APP
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Multi-layered video streaming systems and methods
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Systems and methods for enabling a video capture/encoding device to capture frames of a video sequence; obtain feedback from a video decoding/rendering device; divide each frame into an array of patches; select one or more patches of each frame for supplemental processing; cause the frames of the video sequence to be encoded by a video encoding module and cause the selected patches to be processed by one or more supplemental processing module(s); and assemble a multi-layer video transport stream wherein, for each frame of the video sequence, a base layer of the transport stream includes data corresponding to an encoded version of the current frame and one or more supplemental layers of the transport stream include meta-data corresponding to the division of the current frame into patches and data corresponding to the output of the supplemental processing of the selected patches of the current frame.
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Method for Selecting Images In Video of Faces In the Wild
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Technologies are provided herein for selecting one or more subimages to be processed from a plurality of images received.
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Methods and Systems for Facial Recognition Using Motion Vector Trained Model
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Systems and methods are provided for determining a candidate identity of a person in video data based on a biometric motion signature corresponding to motion of a face of the person in the video data.
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Provided herein are systems and methods for encoding an unencoded video frame of a sequence of video frames using a condensed coding header format.