The company has not filed an annual or quarterly report since its FY2021 10-K, filed Mar 14, 2022. Its latest SEC filing is a 15-12B from Apr 7, 2022.
10-K for FY2021, filed Mar 14, 2022
The sections below describe the company as of the FY2021 annual report.
Develops software, intellectual property and filter designs for radio-frequency front ends, serving filter makers, module makers and fabless filter manufacturers.
10-K for FY2021, filed Mar 14, 2022
Customers pay upfront design fees or prepaid royalties for filter designs; Resonant earns this money as it develops the designs over time. Some agreements also pay royalties when customers ship products using the designs.
10-K for FY2021, filed Mar 14, 2022Our customer engagement process typically begins with the execution of a License Agreement, or LA, for specific bands. Depending on the…View ↗
Revenue Recognition—Revenue is recognized upon the transfer of control of promised goods or services to customers, generally over time, in…View ↗
We evaluate upfront non-refundable prepaid royalties associated with design development contracts to determine whether any of the prepaid…View ↗
Upon completion of design services, our customers retain a license over the completed design. The license will typically last for a minimum…View ↗
$2.2M
10-K for FY2021, filed Mar 14, 2022
$2.2M ↗
Filter and module makers, including fabless filter manufacturers, enter design and license agreements with Resonant; customers’ products are then qualified by original equipment makers before mass production.
10-K for FY2021, filed Mar 14, 2022
No. It lost $36M in .
10-K for FY2021, filed Mar 14, 2022
8-K, filed Mar 28, 2022
As described in the Introductory Note above, on March 28, 2022, Purchaser irrevocably accepted for payment all Shares validly tendered and…View ↗
Grew. Revenue grew 3.3x in 4 years, from $653K in to $2.2M in , about 35% a year.
Broader applications
The business description expands from filters for mobile devices to filters for mobile, automotive, medical and internet-of-things applications, and adds development of XBAR filters for WiFi and ultra-wideband applications.
10-K for FY2018, filed Mar 14, 2019 10-K for FY2021, filed Mar 14, 2022Resonant is a late-stage development company that has created an innovative software, intellectual property, or IP, and services platform…View ↗
New design and licensing arrangements
The latest report describes prepaid royalties, including payments tied to development milestones, and a collaboration with Murata to develop and license XBAR filter designs; the older report describes upfront design fees and royalties on units sold.
10-K for FY2018, filed Mar 14, 2019 10-K for FY2021, filed Mar 14, 2022We believe licensing our designs, either as prepaid royalties or royalties paid as products ship, is the most direct and effective means of…View ↗
Our customer engagement process typically begins with the execution of a License Agreement, or LA, for specific bands. Depending on the…View ↗
In 2019, we began development of Filter IP Standard Library designs to enable faster time to market for our customers. Further, the first…View ↗
Loading...