NNUP Nocopi Dashboard

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)	1.36M	1.36M	1.36M	1.36M	1.36M	1.36M
Cash burn (monthly)	22.03K	(positive/no burn)	(positive/no burn)	(positive/no burn)	22.03K	(positive/no burn)
Cash used (since last report)	75.68K	n/a	n/a	n/a	75.68K	n/a
Cash remaining	1.29M	n/a	n/a	n/a	1.29M	n/a
Runway (months of cash)	58.4	n/a	n/a	n/a	58.4	n/a

Beta Read what these cash burn values mean

Recent insider trades

NNUP insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
8 Apr 21	Feinstein Michael	Common stock, $.01 par value	Sell	Dispose S	Yes	No	0.15	300,000	45K	768,868
3 Mar 21	Feinstein Michael	Common stock, $.01 par value	Sell	Dispose S	Yes	No	0.153	30,000	4.59K	1,068,868
3 Mar 21	Feinstein Michael	Common stock, $.01 par value	Sell	Dispose S	Yes	No	0.153	30,000	4.59K	1,098,868
3 Mar 21	Feinstein Michael	Common stock, $.01 par value	Sell	Dispose S	Yes	No	0.1531	30,000	4.59K	1,128,868

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q1 2021

NNUP institutional ownership history Ownership history

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

6.9% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	1	1	–
Opened positions	0	1	EXIT
Closed positions	0	0
Increased positions	0	0
Reduced positions	0	0

13F shares	Current	Prev Q	Change
Total value	671K	671K	–
Total shares	4.63M	4.63M	–
Total puts	0	0
Total calls	0	0
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Smoak Capital Management	4.63M	$671K	0.0%

Largest transactions	Shares	Bought/sold	Change
Smoak Capital Management	4.63M	0	0.0%

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Management Discussion

Revenues for 2020 were $2,658,700, an increase of approximately 5%, or $121,300, from $2,537,400 in 2019.
Licenses, royalties and fees decreased in 2020 by approximately 6%, or $49,800, to $744,000 from $793,800 in 2019. The decrease in licenses, royalties and fees is due primarily to lower guaranteed licensing revenue of approximately $200,000 in the first six months of 2020 from one licensee in the entertainment and toy products market as a result of the adoption of ASU 214-09, Revenue from Contracts with Customers in the second quarter of 2018.
Product and other sales increased by $171,100, or approximately 10%, to $1,914,700 in 2020 from $1,743,600 in 2019. The higher level of ink sales in 2020 compared to 2019 is due primarily to higher ink requirements of the licensed third-party printers used by the Company’s licensees in the entertainment and toy products market. Sales of ink to the licensed printers of its licensees in the entertainment and toy products market were approximately $222,900 higher in 2020 compared to 2019. Sales of security ink to the Company’s licensees in the retail receipt and document fraud market decreased by approximately $30,300 in 2020 compared to 2019 due primarily to reduced demand related to COVID-19 closures of retail outlets during 2020.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. freshman Avg

New words: adapted, alleviated, Appendix, CDC, challenging, choose, complex, created, critical, Disease, distance, distancing, drop, duration, eighteen, evolve, goodwill, inbound, larger, nonpublic, online, outbound, passing, rapidly, recovery, reopen, slowdown, social, staffing, Subtopic, suffered, uncomfortable, uncontrollable, unfavorable, vi

Removed: ago, agreed, approved, asAppendix, bear, butcher, core, costsare, deficiency, February, forced, Gerwitz, Herman, investment, lender, maturity, meal, measurable, modification, operate, practice, principle, profitably, prospectively, reliably, representing, requirementsand, restaurant, separately, sheet, sustain, undetermined, whichever

From filing 10-K 2020 FY