Loading...
Docoh

Interlink Electronics (LINK)

Interlink Electronics is a world-leading trusted provider of HMI, sensor, and IoT solutions. In addition to standard product offerings, Interlink utilizes its expertise in materials science, manufacturing, firmware, and software to produce in-house system solutions for custom applications. For 35 years, Interlink has led the printed electronics industry in the commercialization of its patented Force Sensing Resistor® technology and has supplied some of the world's top electronics manufacturers with intuitive sensor and interface technologies like the VersaPad and the new VersaPad Plus, which boasts the largest active surface area of any resistive touchpad. It also has a proven track record of supplying technological solutions for mission-critical applications in a diverse range of markets—including medical, automotive, consumer electronics, telecommunications, and industrial control—providing standard and custom-designed sensors that give engineers the flexibility and functionally they seek in today's sophisticated electronic devices. Interlink serves an international customer base from its headquarters in Irvine, Calif., and pending world-class materials science lab and R&D center in Camarillo, Calif. They are supported by strategic global locations covering manufacturing, distribution, and sales support.

Company profile

Ticker
LINK
Exchange
CEO
Steven Nathan Bronson
Employees
Incorporated
Location
Fiscal year end
Former names
INTERLINK ELECTRONICS
SEC CIK
Subsidiaries
Interlink Electronics Asia Pacific Limited • Interlink Electronics (China) Co. Ltd. • Interlink Electronics Singapore Private Limited • IE Sensors, Inc. • Interlink Electronics Limited ...
IRS number
770056625

LINK stock data

Investment data

Data from SEC filings
Securities sold
Number of investors

Calendar

11 Aug 22
12 Aug 22
31 Dec 22
Quarter (USD) Jun 22 Mar 22 Dec 21 Sep 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 21 Dec 20 Dec 17 Dec 16
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Cash burn rate (est.) Burn method: Change in cash Burn method: Operating income Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 4.41M 4.41M 4.41M 4.41M 4.41M 4.41M
Cash burn (monthly) 1.24M 153.58K (no burn) (no burn) (no burn) (no burn)
Cash used (since last report) 1.81M 223.49K n/a n/a n/a n/a
Cash remaining 2.6M 4.18M n/a n/a n/a n/a
Runway (months of cash) 2.1 27.2 n/a n/a n/a n/a

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
15 Jul 22 David John Wolenski Common Stock Grant Acquire A No No 8.33 600 5K 2,885
15 Jul 22 Joy C. Hou Common Stock Grant Acquire A No No 8.33 600 5K 7,385
15 Jul 22 Maria N. Fregosi Common Stock Grant Acquire A No No 8.33 600 5K 1,978
16 Jun 22 Maria N. Fregosi Common Stock Buy Acquire P No No 8.85 500 4.43K 1,378
15 Jun 22 David John Wolenski Common Stock Buy Acquire P No No 8.8 553 4.87K 2,285
15 Jun 22 David John Wolenski Common Stock Buy Acquire P No No 8.75 197 1.72K 1,732
14 Jun 22 David John Wolenski Common Stock Buy Acquire P No No 9 1,000 9K 1,535
0.0% owned by funds/institutions
13F holders Current Prev Q Change
Total holders 1 4 -75.0%
Opened positions 0 0
Closed positions 3 0 NEW
Increased positions 0 2 EXIT
Reduced positions 0 2 EXIT
13F shares Current Prev Q Change
Total value 19K 52K -63.5%
Total shares 1.95K 5.55K -64.8%
Total puts 0 0
Total calls 0 0
Total put/call ratio
Largest owners Shares Value Change
BLK Blackrock 1.95K $19K 0.0%
Proequities 0 $0
Largest transactions Shares Bought/sold Change
Tower Research Capital 0 -2.36K EXIT
UBS UBS Group AG - Registered Shares 0 -1.22K EXIT
WFC Wells Fargo & Co. 0 -13 EXIT
Proequities 0 0
BLK Blackrock 1.95K 0 0.0%

Financial report summary

?
Management Discussion
  • We sell our custom products into the industrial, medical, consumer and automotive markets. We sell our standard products through various distribution networks. The ultimate customer for standard products may come from different markets which are often unknown to us at the time of sale. Each market has different product design cycles. Products with longer design cycles often have much longer product life-cycles. Industrial and medical products generally have longer design and life-cycles than consumer products. We currently have products with life-cycles that have exceeded twenty years and are ongoing.
  • Revenues were up in the three months ended June 30, 2022 compared to the three months ended June 30, 2021 in the industrial and medical markets, and were down in the consumer markets and for our standard products. The increase in revenue from our industrial market customers was due to increased purchasing volume by these customers for use in their ongoing product lines resulting from changes in demand by their customers. The increase in revenue from our medical market customers is due to a continued increase in orders from and shipments to our largest medical customer, whose purchasing volume has increased as COVID-19 restrictions on their hospital installations have begun to subside. The decrease in revenue from our consumer market customers is primarily due to a design change by one of our largest consumer products customers. During 2022, we also sold products in the automotive market for the first time since 2018, as we are again pursuing a program with an automotive manufacturer. In all markets, the timing of orders from our customers is not always predictable and can be concentrated in varying periods during the year to coincide with their project and building plans.
  • Our gross profit and gross margin percentage are impacted by various factors including product mix, customer mix, sales volume, and fluctuations in our cost of revenues, which are comprised of material costs, direct and indirect production labor costs, warehousing and logistics costs, facilities costs, and other costs related to production activities. Gross profit and gross margin percentage during the three months ended June 30, 2022 were down compared to the three months ended June 30, 2021 due primarily to higher materials and components costs on certain orders, and an increase in production labor costs due to higher production levels and expanded labor hours.

Content analysis

?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. freshman Avg
New words: blended, half
Removed: adjust, demonstrate, February, fund, increasing, intent, permanently, preceding, reinvest, reserve, slightly