Try Alerts Free   |   Login
Technology › Services-Computer Programming Services

RNWK Price Correlated With Financials For RealNetworks

Free historical financial statements for RealNetworks Inc.. See how revenue, income, cash flow, and balance sheet financials have changed over 41 quarters since 2012. Compare with RNWK stock chart to see long term trends.

RNWK Stock Compared to Quarterly

RNWK Income Statement

Revenue, Net:13276000
Revenue Per Share:0.2806
Cost of Goods & Services Sold:2736000
Gross Profit:10540000
Selling, General & Admin Expense:4827000
Research & Development Expense:5798000
Total Operating Expenses:15497000
Operating Income:-5142000
Income Taxes:83000
Net Income:-5225000
Earnings Per Share, Basic:-0.11
Shares Outstanding, Basic Avg:47312808

RNWK Cash Flow

Operating Activities Net Income:
Depreciation, Depletion & Amortization:190000
Change in Accounts Receiveable:1345000
Net Cash from Operations:-4973000
Net Cash from Operations Per Share:-0.1051
Net Cash from Financing Activities:-19000
Property, Plant & Equipment Purchases:-101000
Net Cash from Investing Activities:-101000
Net Change in Cash & Equivalents:-5334000

RNWK Balance Sheet

Cash and Cash Equivalents:23405000
Accounts Receivable, Net:8182000
Total Current Assets:35441000
Property, Plant & Equipment, Net:1373000
Total Assets:62879000
Accounts Payable:2272000
Total Short-Term Liabilities:18196000
Total Liabilities:21760000

Insider Trading

 
Change
Value
Transaction
SEC Form 4
Caldwell Mill Opportunity Fund, LLC   10% Owner
204,736 sh at $1
$126,707
Buy
Caldwell Mill Opportunity Fund, LLC   10% Owner
245,211 sh at $1
$150,981
Buy
SATTERFIELD THOMAS A JR   10% Owner
245,211 sh at $1
$150,981
Buy
A. G. Family L.P.   10% Owner
250,000 sh at $1
$146,101
Buy
Tomsat Investment & Trading Co., Inc.   10% Owner
150,000 sh at $1
$87,000
Buy
Caldwell Mill Opportunity Fund, LLC   10% Owner
23,741 sh at $1
$14,245
Buy
SATTERFIELD THOMAS A JR   10% Owner
423,741 sh at $1
$247,345
Buy

Major Holders (from 13F filings)

Investment Type
Change
Value (x$1000)
increase or decrease
CM Management, LLC
2,018,629 sh
568,629 sh
39%
$1,171
-$250
Renaissance Technologies LLC
1,960,462 sh
2,204 sh
0%
$1,137
-$782
Vanguard Group Inc
1,151,415 sh
-5,738 sh
0%
$668
-$467
AMH Equity Ltd
930,504 sh
-69,496 sh
-7%
$540
-$440
Blackrock Inc.
708,124 sh
-3,753 sh
-1%
$410
-$288
Dimensional Fund Advisors LP
667,413 sh
-466,100 sh
-41%
$387
-$724
Fuller & Thaler Asset Management, Inc.
371,408 sh
2,075 sh
1%
$215
-$147
Geode Capital Management, LLC
259,607 sh
 
$150
Acadian Asset Management LLC
114,591 sh
-23,411 sh
-17%
$65
-$69
Royce & Associates Lp
100,171 sh
 
$58
LAIRD NORTON TRUST COMPANY, LLC
96,427 sh
 
$55
Northern Trust Corp
60,719 sh
 
$35
Towerview LLC
52,500 sh
 
$30
Morgan Stanley
50,801 sh
-350,005 sh
-87%
$29
-$364
Cutter & Co Brokerage, Inc.
10,000 sh
 
$6
Simplex Trading, LLC
5,926 sh
-2,382 sh
-29%
$3
-$5
Federated Hermes, Inc.
4,861 sh
2,893 sh
147%
$3
$1
Prospera Financial Services Inc
3,000 sh
3,000 sh
NEW
$2
$2
UBS Group Ag
2,239 sh
-31,907 sh
-93%
$1
-$32
Lenox Wealth Advisors, LLC
2,000 sh
 
$1
COMPANY PROFILE
Note 1. Description of Business and Summary of Significant Accounting Policies

Description of Business. RealNetworks provides digital media software and services to consumers, mobile carriers, device manufacturers, system integrators, and other businesses. Consumers use our digital media products and services to store, organize, play, manage and enjoy their digital media content, either directly from us or through our distribution partners. We have recently developed a new generation of artificial intelligence (AI)-based products and solutions. The main two products and key investment initiatives in our AI portfolio are SAFR, our AI-based computer vision platform, and KONTXT, our natural language processing-based message classification and analysis platform.

Rhapsody International, Inc. (doing business as Napster) offers a comprehensive set of digital music products and services designed to provide consumers with broad access to digital music. Napster was held-for-sale and treated as discontinued operations for accounting and disclosure purposes as of the third quarter of 2020. The sale of Napster was completed during the fourth quarter of 2020. The results of operations and cash flows for these discontinued operations were segregated from the results of continuing operations and segment results, and Napster’s operating results and financial condition were recast to conform to this presentation. The notes to the consolidated financial statements, unless otherwise indicated, are on a continuing operations basis. See Note 4. Dispositions for additional details regarding the sale of Napster.

Inherent in our business are various risks and uncertainties, including a limited history of certain of our product and service offerings. RealNetworks' success will depend on the acceptance of our technology, products and services and the ability to generate related revenue and cash flow.

In this Annual Report on Form 10-K for the year ended December 31, 2021 (10-K), RealNetworks, Inc. and subsidiaries is referred to as “RealNetworks”, the “Company”, “we”, “us”, or “our”.

Basis of Presentation. The consolidated financial statements include the accounts of the Company and its subsidiaries in which it has a more than 50% voting interest. Noncontrolling interests primarily represent third-party ownership in the equity of Scener Inc. ("Scener"), which was deconsolidated on June 30, 2021, and are reflected separately in the Company's financial statements. See Note 19. Related Party Transactions for additional details. Intercompany balances and transactions have been eliminated in consolidation.

Liquidity and Capital Resources. The Company continues to incur operating losses from continuing operations, including net operating losses of $20.9 million, and $5.0 million for the years ended December 31, 2021 and 2020, respectively. The Company had an accumulated deficit of $570.8 million and $548.9 million as of December 31, 2021 and 2020, respectively. The Company believes that its cash and cash equivalents of $27.1 million as of December 31, 2021 is adequate to fund the Company's operations for at least one year from the date these financial statements were issued.

Risks and Uncertainties. In March 2020, the World Health Organization declared the outbreak of the coronavirus that causes COVID-19 to be a global pandemic. As the virus spread throughout the U.S. and the world, authorities implemented numerous measures to contain the virus, including travel bans and restrictions, quarantines, shelter-in-place orders, business limitations, and shutdowns. In addition to the pandemic's widespread impact on public health and global society, reactions to the pandemic as well as measures taken to contain the virus have caused significant turmoil to the global economy and financial markets. Moreover, similar to other companies, we have taken steps to support the health and well-being of our employees, customers, partners and communities, which include w

Data imported from RealNetworks Inc. SEC filings. Check original filings before making any investment decision.