Docoh
Loading...

MOSY Mosys

MoSys, Inc. is focused on Accelerating Data Intelligence and provides both silicon chips and IP solutions that enable fast, intelligent data access and decision making for a wide range of markets including cloud networking, security, 5G networks, SmartNIC, test and measurement, and video systems. MoSys's QUAZAR family of high-speed memories and the BLAZAR family of Accelerator Engines are memory integrated circuits with unmatched intelligence, performance and capacity that eliminate data access bottlenecks to deliver speed and intelligence in systems, including those scaling from 100G to multi-terabits per second. MoSys's STELLAR family of Virtual Accelerator Engines includes software, FPGA RTL and RISC-based firmware that accelerate applications and are portable across a wide range of hardware configurations with or without MoSys silicon chips.

Company profile

Ticker
MOSY
Exchange
Website
CEO
Daniel Lewis
Employees
Incorporated
Location
Fiscal year end
Former names
MONOLITHIC SYSTEM TECHNOLOGY INC
SEC CIK
IRS number
770291941

MOSY stock data

(
)

Investment data

Data from SEC filings
Securities sold
Number of investors

Calendar

13 May 21
13 Jun 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 Mosys 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) 9.53M 9.53M 9.53M 9.53M 9.53M 9.53M
Cash burn (monthly) (positive/no burn) (positive/no burn) 462.33K 297.67K 337.67K 241.33K
Cash used (since last report) n/a n/a 1.12M 723.74K 820.99K 586.77K
Cash remaining n/a n/a 8.4M 8.81M 8.71M 8.94M
Runway (months of cash) n/a n/a 18.2 29.6 25.8 37.1

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
5 Feb 21 James Sullivan Common Stock Payment of exercise Dispose F No No 3.24 565 1.83K 4,920
5 Feb 21 James Sullivan Common Stock Option exercise Aquire M No No 0 1,375 0 5,485
3 Feb 21 Daniel Lee Lewis Common Stock Grant Aquire A No No 0 10,000 0 24,750
6 Aug 20 James Sullivan Common Stock Payment of exercise Dispose F No No 1.81 464 839.84 4,110
6 Aug 20 James Sullivan Common Stock Option exercise Aquire M No No 0 1,375 0 4,574
29 Jul 20 O'Neil Daniel Joseph RSU Grant Aquire A No No 0 1,000 0 3,000
29 Jul 20 Lewis Scott Richard RSU Grant Aquire A No No 0 1,000 0 2,000

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

21.9% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 12 4 +200.0%
Opened positions 10 4 +150.0%
Closed positions 2 9 -77.8%
Increased positions 2 0 NEW
Reduced positions 0 0
13F shares
Current Prev Q Change
Total value 7.47M 1.64M +356.5%
Total shares 1.49M 670.39K +122.3%
Total puts 0 0
Total calls 0 0
Total put/call ratio
Largest owners
Shares Value Change
Empery Asset Management 495.87K $2.58M +6623.6%
CVI Investments 495.87K $2.58M +165.6%
DPW Ault Global 195K $1.14M NEW
Renaissance Technologies 151.96K $587K NEW
Vanguard 72.99K $282K NEW
GS Goldman Sachs 27.28K $105K NEW
Geode Capital Management 20.19K $77K NEW
Citadel Advisors 14.53K $56K NEW
BAC Bank Of America 10.83K $42K NEW
BLK Blackrock 5.85K $22K NEW
Largest transactions
Shares Bought/sold Change
Empery Asset Management 495.87K +488.49K +6623.6%
CVI Investments 495.87K +309.2K +165.6%
Hudson Bay Capital Management 0 -299.04K EXIT
DPW Ault Global 195K +195K NEW
Sabby Management 0 -177.3K EXIT
Renaissance Technologies 151.96K +151.96K NEW
Vanguard 72.99K +72.99K NEW
GS Goldman Sachs 27.28K +27.28K NEW
Geode Capital Management 20.19K +20.19K NEW
Citadel Advisors 14.53K +14.53K NEW

Financial report summary

?
Risks
  • Our failure to raise additional capital or generate the significant capital necessary to expand our operations and invest in new products could reduce our ability to compete and could harm our business.
  • Our future success is substantially dependent on the successful development of our Virtual Accelerator Engine IP product line, which entails significant risks.
  • Our failure to successfully market our products could seriously harm our ability to execute our business strategy and may force us to curtail our research and development plans or existing operations.
  • Future revenue growth depends on our winning designs with existing and new customers, retaining current customers, and having those customers design our solutions into their product offerings and successfully selling and marketing such products. If we do not continue to win designs in the short term, our product revenue in the following years will not grow.
  • The IC design win process is generally a lengthy, expensive and competitive process, with no guarantee of revenue, and, if we fail to generate sufficient revenue to offset our expenses, our business and operating results would suffer.
  • If our foundry does not achieve satisfactory yields or quality, our cost of net revenue will increase, our operating margins will decline and our reputation and customer relationships could be harmed.
  • We may experience difficulties in transitioning to new wafer fabrication process technologies or in achieving higher levels of design integration, which may result in reduced manufacturing yields, delays in product deliveries and increased costs.
  • To date, we have not achieved the anticipated benefits of a fabless semiconductor company.
  • Our main objective is the development and sale of our technologies to cloud networking, security, test and video system providers and their subsystem and component vendors and, if demand for these products does not grow, we may not achieve revenue growth and our strategic objectives.
  • Our failure to continue to develop new products and enhance our products on a timely basis could diminish our ability to attract and retain customers.
  • Our ICs have a lengthy sales cycle, which makes it difficult to predict success in this market and the timing of future revenue.
  • The semiconductor industry is cyclical in nature and subject to periodic downturns, which can negatively affect our revenue.
  • We expect our 1T-SRAM royalty revenues to decrease compared with our historical results, and there is no guarantee revenues from our IC products will replace these lost revenues in the near future.
  • Our revenue has been highly concentrated among a small number of customers, and our results of operations could be harmed if we lose a key revenue source and fail to replace it.
  • Our revenue concentration may also pose credit risks which could negatively affect our cash flow and financial condition.
  • Our products must meet exact specifications and defects and failures may occur, which may cause customers to return or stop buying our products.
  • Because we sell our IC products on a purchase order basis and rely on estimated forecasts of our customers’ needs, inaccurate forecasts could adversely affect our business.
  • We depend on contract manufacturers for a significant portion of our revenue from the sale of our IC products.
  • We rely on an independent foundry and contractors for the manufacture, assembly, testing and packaging of our integrated circuits, and the failure of any of these third parties to deliver products or otherwise perform as requested could damage our relationships with our customers and harm our sales and financial results.
  • Any claim that our products or technology infringe third party IP rights could increase our costs of operation and distract management and could result in expensive settlement costs or the discontinuance of our technology licensing or product offerings. In addition, we may incur substantial litigation expense which would adversely affect our profitability.
  • The discovery of defects in our technology and products could expose us to liability for damages.
  • Royalty amounts owed to us might be difficult to verify, and we might find it difficult, expensive and time-consuming to enforce our license agreements.
  • We might not be able to protect and enforce our IP rights which could impair our ability to compete and reduce the value of our technology.
  • Our existing patents might not provide us with sufficient protection of our IP, and our patent applications might not result in the issuance of patents, either of which could reduce the value of our core technology and harm our business.
  • If we fail to retain key personnel, our business and growth could be negatively affected.
  • We may incur additional debt in the future.
  • Our ability to utilize our net operating loss carryforwards may be limited as a result of an “ownership change,” as defined in Section 382 of the Internal Revenue Code of 1986, as amended.
  • Acquisitions or other business combinations that we pursue in the future, whether or not consummated, could result in other operating and financial difficulties.
  • Provisions of our certificate of incorporation and bylaws or Delaware law might delay or prevent a change-of-control transaction and depress the market price of our stock.
  • Potential volatility of the price of our common stock could negatively affect your investment.
  • We are a “smaller reporting company” and, as a result of the reduced disclosure and governance requirements applicable to smaller reporting companies, our common stock may be less attractive to investors.
  • If we fail to maintain compliance with the continued listing requirements of the Nasdaq Stock Market, our common stock may be delisted and the price of our common stock and our ability to access the capital markets could be negatively impacted.
Management Discussion
  • Product revenue increased for the three months ended March 31, 2021 compared with the same period of 2020 primarily due to higher sales of our Bandwidth Engine 2 products, partially offset by decreases in our LineSpeed product sales.
  • Royalty and other includes license, royalty and related revenues generated from licensing agreements. The decrease in royalty and other revenue for the three months ended March 31, 2021 compared with the same period of 2020 was primarily due to a decrease in royalty revenue for one licensee.
  • Cost of net revenue is primarily comprised of direct and indirect costs related to the sale of our IC products.
Content analysis
?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. freshman Avg
New words: appointment, award, began, decision, enable, fast, foreseeable, gain, intelligent, July, repaid, replaced, settlement, Unregistered, VAE, wide
Removed: acquisition, Aid, alternative, ASU, bankruptcy, behavior, beneficial, borrowed, canceled, carryforward, cease, ceiling, cessation, circuit, Codification, combination, comparative, constitute, convert, converted, cure, Curve, Daily, declare, define, Department, discretion, disregarding, dividend, employee, employment, enacted, enforcement, entitling, excluding, expired, expressly, fabrication, focused, forfeited, fundamental, govern, influencing, initially, insolvency, intangible, intention, kind, mask, merger, model, noncallable, nonredeemable, opening, owed, package, pay, payroll, pledged, possession, priority, published, purpose, pursue, redeemable, redemption, Relief, repurchased, resale, restated, retrospective, reverse, Rule, securing, separate, September, serving, sinking, split, subordinate, subordinated, termination, thereof, thereunder, transition, Treasury, unpaid, usage, voluntarily, vote, yield