$PRKR
PARKERVISION INC

2022 Q2 Form 10-Q Financial Statement

#000091413922000010 Filed on May 11, 2022

View on sec.gov

Income Statement

Concept 2022 Q2 2022 Q1 2021 Q4
Revenue $0.00 $0.00
YoY Change
Cost Of Revenue $3.000K $3.000K $4.000K
YoY Change
Gross Profit -$3.000K -$3.000K -$4.000K
YoY Change
Gross Profit Margin
Selling, General & Admin $1.652M $1.933M $1.936M
YoY Change -10.61% -15.22% 38.68%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $80.00K $83.00K $87.00K
YoY Change -14.89% -14.43% -35.56%
% of Gross Profit
Operating Expenses $1.652M $1.933M $1.936M
YoY Change -10.61% -15.22% 38.68%
Operating Profit -$1.655M -$1.936M -$1.940M
YoY Change -10.44% -15.09% 38.97%
Interest Expense -$44.00K $62.00K -$37.00K
YoY Change -156.41% 67.57% -71.09%
% of Operating Profit
Other Income/Expense, Net -$2.699M $2.268M -$1.376M
YoY Change 5.51% -1312.83% -71.8%
Pretax Income -$4.398M $332.0K -$3.353M
YoY Change -0.18% -113.46% -47.64%
Income Tax $0.00 $0.00
% Of Pretax Income 0.0%
Net Earnings -$4.398M $332.0K -$3.353M
YoY Change -0.18% -113.46% -47.64%
Net Earnings / Revenue
Basic Earnings Per Share -$0.06 $0.00
Diluted Earnings Per Share -$56.41K $0.00 -$44.36K
COMMON SHARES
Basic Shares Outstanding 77.94M 77.55M 75.19M
Diluted Shares Outstanding 77.97M 106.9M

Balance Sheet

Concept 2022 Q2 2022 Q1 2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $846.0K $198.0K $1.030M
YoY Change -43.11% -91.19% -36.69%
Cash & Equivalents $846.0K $200.0K $1.030M
Short-Term Investments
Other Short-Term Assets $386.0K $26.00K $25.00K
YoY Change 522.58% 100.0% 212.5%
Inventory
Prepaid Expenses $463.0K $574.0K
Receivables
Other Receivables
Total Short-Term Assets $1.232M $687.0K $1.629M
YoY Change -43.62% -76.65% -27.08%
LONG-TERM ASSETS
Property, Plant & Equipment $6.000K $7.000K $7.000K
YoY Change -83.78% -74.07% -76.67%
Goodwill
YoY Change
Intangibles $1.696M $1.785M
YoY Change -18.34% -17.74%
Long-Term Investments
YoY Change
Other Assets $20.00K $17.00K $19.00K
YoY Change 41.67% 58.33%
Total Long-Term Assets $1.588M $1.720M $1.811M
YoY Change -21.39% -19.1% -18.5%
TOTAL ASSETS
Total Short-Term Assets $1.232M $687.0K $1.629M
Total Long-Term Assets $1.588M $1.720M $1.811M
Total Assets $2.820M $2.407M $3.440M
YoY Change -32.94% -52.51% -22.8%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $919.0K $944.0K $706.0K
YoY Change 62.94% 11.19% -83.65%
Accrued Expenses $651.0K $703.0K $846.0K
YoY Change -15.89% -22.58% -42.84%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $657.0K $94.00K $94.00K
YoY Change -13.32% -6.93% -25.4%
Total Short-Term Liabilities $2.227M $1.741M $1.646M
YoY Change 6.25% -10.63% -72.52%
LONG-TERM LIABILITIES
Long-Term Debt $9.128M $8.004M $9.195M
YoY Change -0.98% -15.99% 2.82%
Other Long-Term Liabilities $38.61M $36.22M
YoY Change 7.74% 7.52%
Total Long-Term Liabilities $47.74M $44.22M $46.57M
YoY Change 5.96% 2.34% 10.13%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.227M $1.741M $1.646M
Total Long-Term Liabilities $47.74M $44.22M $46.57M
Total Liabilities $49.97M $45.96M $48.22M
YoY Change 5.97% 1.78% -0.12%
SHAREHOLDERS EQUITY
Retained Earnings -$433.1M -$433.4M
YoY Change 2.25% 2.86%
Common Stock $389.5M $388.6M
YoY Change 1.58% 2.94%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$47.15M -$43.55M -$44.78M
YoY Change
Total Liabilities & Shareholders Equity $2.820M $2.407M $3.440M
YoY Change -32.94% -52.51% -22.8%

Cashflow Statement

Concept 2022 Q2 2022 Q1 2021 Q4
OPERATING ACTIVITIES
Net Income -$4.398M $332.0K -$3.353M
YoY Change -0.18% -113.46% -47.64%
Depreciation, Depletion And Amortization $80.00K $83.00K $87.00K
YoY Change -14.89% -14.43% -35.56%
Cash From Operating Activities -$737.0K -$900.0K -$782.0K
YoY Change -33.72% -81.96% 31.43%
INVESTING ACTIVITIES
Capital Expenditures -$4.000K $0.00 -$1.000K
YoY Change 300.0% -100.0%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$4.000K $0.00 -$1.000K
YoY Change 300.0% -100.0% -150.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $24.00K
YoY Change
Cash From Financing Activities 1.389M 40.00K 1.053M
YoY Change 293.48% -99.29% -49.2%
NET CHANGE
Cash From Operating Activities -737.0K -900.0K -782.0K
Cash From Investing Activities -4.000K 0.000 -1.000K
Cash From Financing Activities 1.389M 40.00K 1.053M
Net Change In Cash 648.0K -832.0K 270.0K
YoY Change -185.26% -234.19% -81.76%
FREE CASH FLOW
Cash From Operating Activities -$737.0K -$900.0K -$782.0K
Capital Expenditures -$4.000K $0.00 -$1.000K
Free Cash Flow -$733.0K -$900.0K -$781.0K
YoY Change -34.02% -81.96% 31.26%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2022Q1 dei Amendment Flag
AmendmentFlag
false
CY2022Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2022Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2022Q1 dei Entity Central Index Key
EntityCentralIndexKey
0000914139
CY2022Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2022Q1 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2021Q1 us-gaap Cost Of Revenue
CostOfRevenue
CY2021Q1 us-gaap Gross Profit
GrossProfit
CY2021Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
CY2022Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
CY2021Q1 us-gaap Revenues
Revenues
CY2022Q1 us-gaap Revenues
Revenues
CY2022Q1 dei Document Type
DocumentType
10-Q
CY2022Q1 dei Document Quarterly Report
DocumentQuarterlyReport
true
CY2022Q1 dei Document Period End Date
DocumentPeriodEndDate
2022-03-31
CY2022Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2022
CY2022Q1 dei Document Transition Report
DocumentTransitionReport
false
CY2022Q1 dei Entity File Number
EntityFileNumber
000-22904
CY2022Q1 dei Entity Registrant Name
EntityRegistrantName
PARKERVISION, INC.
CY2022Q1 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
FL
CY2022Q1 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
59-2971472
CY2022Q1 dei Entity Address Address Line1
EntityAddressAddressLine1
4446-1A Hendricks Avenue
CY2022Q1 dei Entity Address Address Line2
EntityAddressAddressLine2
Suite 354
CY2022Q1 dei Entity Address City Or Town
EntityAddressCityOrTown
Jacksonville
CY2022Q1 dei Entity Address State Or Province
EntityAddressStateOrProvince
FL
CY2022Q1 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
32207
CY2022Q1 dei City Area Code
CityAreaCode
904
CY2022Q1 dei Local Phone Number
LocalPhoneNumber
732-6100
CY2022Q1 dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
CY2022Q1 dei Entity Small Business
EntitySmallBusiness
true
CY2022Q1 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2022Q1 dei Entity Shell Company
EntityShellCompany
false
CY2022Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
77935740
CY2022Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
198000
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1030000
CY2022Q1 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
463000
CY2021Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
574000
CY2022Q1 us-gaap Other Assets Current
OtherAssetsCurrent
26000
CY2021Q4 us-gaap Other Assets Current
OtherAssetsCurrent
25000
CY2022Q1 us-gaap Assets Current
AssetsCurrent
687000
CY2021Q4 us-gaap Assets Current
AssetsCurrent
1629000
CY2022Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1696000
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1785000
CY2022Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
7000
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
7000
CY2022Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
17000
CY2021Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
19000
CY2022Q1 us-gaap Assets
Assets
2407000
CY2021Q4 us-gaap Assets
Assets
3440000
CY2022Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
944000
CY2021Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
706000
CY2022Q1 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
43000
CY2021Q4 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
27000
CY2022Q1 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
56000
CY2021Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
109000
CY2022Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
488000
CY2021Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
555000
CY2022Q1 us-gaap Notes Payable Related Parties Classified Current
NotesPayableRelatedPartiesClassifiedCurrent
94000
CY2021Q4 us-gaap Notes Payable Related Parties Classified Current
NotesPayableRelatedPartiesClassifiedCurrent
94000
CY2022Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
116000
CY2021Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
155000
CY2022Q1 us-gaap Liabilities Current
LiabilitiesCurrent
1741000
CY2021Q4 us-gaap Liabilities Current
LiabilitiesCurrent
1646000
CY2022Q1 us-gaap Secured Debt
SecuredDebt
36212000
CY2021Q4 us-gaap Secured Debt
SecuredDebt
37372000
CY2022Q1 us-gaap Unsecured Long Term Debt
UnsecuredLongTermDebt
4549000
CY2021Q4 us-gaap Unsecured Long Term Debt
UnsecuredLongTermDebt
5691000
CY2022Q1 us-gaap Convertible Debt Noncurrent
ConvertibleDebtNoncurrent
2870000
CY2021Q4 us-gaap Convertible Debt Noncurrent
ConvertibleDebtNoncurrent
2895000
CY2022Q1 us-gaap Notes Payable Related Parties Noncurrent
NotesPayableRelatedPartiesNoncurrent
585000
CY2021Q4 us-gaap Notes Payable Related Parties Noncurrent
NotesPayableRelatedPartiesNoncurrent
609000
CY2022Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
3000
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
4000
CY2022Q1 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
44219000
CY2021Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3440000
CY2022Q1 us-gaap Cost Of Revenue
CostOfRevenue
3000
CY2022Q1 us-gaap Gross Profit
GrossProfit
-3000
CY2022Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1933000
CY2021Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
2280000
CY2022Q1 us-gaap Operating Expenses
OperatingExpenses
1933000
CY2021Q1 us-gaap Operating Expenses
OperatingExpenses
2280000
CY2022Q1 us-gaap Interest And Other Income
InterestAndOtherIncome
28000
CY2021Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
46571000
CY2022Q1 us-gaap Liabilities
Liabilities
45960000
CY2021Q4 us-gaap Liabilities
Liabilities
48217000
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2022Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
150000000
CY2022Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
150000000
CY2022Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
77814000
CY2022Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
77814000
CY2021Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
76992000
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
76992000
CY2022Q1 us-gaap Common Stock Value
CommonStockValue
778000
CY2021Q4 us-gaap Common Stock Value
CommonStockValue
770000
CY2022Q1 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
388749000
CY2021Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
387865000
CY2022Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-433080000
CY2021Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-433412000
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
-43553000
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
-44777000
CY2022Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2407000
CY2022Q1 us-gaap Interest Expense
InterestExpense
62000
CY2021Q1 us-gaap Interest Expense
InterestExpense
37000
CY2022Q1 us-gaap Nonoperating Gains Losses
NonoperatingGainsLosses
2302000
CY2021Q1 us-gaap Nonoperating Gains Losses
NonoperatingGainsLosses
-150000
CY2022Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
2268000
CY2021Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-187000
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
332000
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
-2467000
CY2022Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
332000
CY2021Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-2467000
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.00
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.04
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.00
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.04
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
77553000
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
63695000
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
106859000
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
63695000
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
-44777000
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
-43821000
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
-43553000
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
-40089000
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
332000
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
-2467000
CY2022Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
83000
CY2021Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
97000
CY2022Q1 us-gaap Share Based Compensation
ShareBasedCompensation
746000
CY2021Q1 us-gaap Share Based Compensation
ShareBasedCompensation
953000
CY2022Q1 prkr Gain Loss Contingent Payment Obligation
GainLossContingentPaymentObligation
2302000
CY2021Q1 prkr Gain Loss Contingent Payment Obligation
GainLossContingentPaymentObligation
-150000
CY2022Q1 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-8000
CY2022Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-110000
CY2021Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-282000
CY2022Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
191000
CY2021Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-3970000
CY2022Q1 prkr Increase Decrease In Lease Payable
IncreaseDecreaseInLeasePayable
-40000
CY2021Q1 prkr Increase Decrease In Lease Payable
IncreaseDecreaseInLeasePayable
-34000
CY2022Q1 us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
-1204000
CY2021Q1 us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
-2522000
CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-872000
CY2021Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-4989000
CY2021Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1000
CY2021Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1000
CY2022Q1 us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
-18000
CY2021Q1 us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
5208000
CY2022Q1 prkr Proceeds From Warrant And Stock Option Exercised
ProceedsFromWarrantAndStockOptionExercised
82000
CY2021Q1 prkr Proceeds From Warrant And Stock Option Exercised
ProceedsFromWarrantAndStockOptionExercised
424000
CY2022Q1 us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
24000
CY2021Q1 us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
22000
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
40000
CY2021Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
5610000
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-832000
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
620000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1030000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1627000
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
198000
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2247000
CY2022Q1 us-gaap Nature Of Operations
NatureOfOperations
<span style="white-space:pre-wrap; font-size: 12pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;"> </span><p dir="ltr" style="font-family: 'Times New Roman', 'serif';font-size: 11pt;line-height: 108%;margin-bottom: .001pt;margin-left: 0;margin-right: 0;margin-top: 0;"><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 11pt;font-style: normal;font-weight: bold;margin: 0;padding: 0;">1. Description of Business</span></p><p dir="ltr" style="font-family: 'Times New Roman', 'serif';font-size: 11pt;line-height: 108%;margin-bottom: .001pt;margin-left: 0;margin-right: 0;margin-top: 0;"><span style="white-space:pre-wrap; font-size: 11pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;"> </span></p><p dir="ltr" style="font-family: 'Times New Roman', 'serif';font-size: 11pt;line-height: 108%;margin-bottom: .001pt;margin-left: 0;margin-right: 0;margin-top: 0;"><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 11pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">ParkerVision, Inc. and its wholly-owned German subsidiary, ParkerVision GmbH (collectively “ParkerVision”, “we” or the “Company”), is </span><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 11pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">in the business of innovating fundamental wireless technologies and products. </span></p><p dir="ltr" style="font-family: 'Times New Roman', 'serif';font-size: 11pt;line-height: 108%;margin-bottom: .001pt;margin-left: 0;margin-right: 0;margin-top: 0;"><span style="white-space:pre-wrap; font-size: 11pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;"> </span></p><p dir="ltr" style="font-family: 'Times New Roman', 'serif';font-size: 11pt;line-height: 108%;margin-bottom: .001pt;margin-left: 0;margin-right: 0;margin-top: 0;"><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 11pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">We have designed and developed proprietary radio frequency (“</span><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 11pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">RF</span><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 11pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">”) technologies and integrated circuits and license those technologies to others for use in wireless communication products. We have expended significant financial and other resources to research and develop our RF technologies and to obtain patent protection for those technologies in the United States of America (“U.S.”) and certain foreign jurisdictions. We believe certain patents protecting our proprietary technologies have been broadly infringed by others, and therefore the primary focus of our business plan is the enforcement of our intellectual property rights through patent infringement litigation and licensing efforts. We currently have patent enforcement actions ongoing in various U.S. district courts against providers of mobile handsets, smart televisions and other WiFi products and, in certain cases, their chip suppliers for the infringement of a number of our RF patents. We have made significant investments in developing and protecting our technologies.</span></p>
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
300000
CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-900000
CY2022Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
200000
CY2022Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-433100000
CY2021Q1 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
0
CY2022Q1 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
0
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
332000
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
-2467000
CY2022Q1 us-gaap Dilutive Securities
DilutiveSecurities
56000
CY2022Q1 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
388000
CY2021Q1 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
-2467000
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
77553000
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
63695000
CY2022Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
29306000
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
106859000
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
63695000
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.00
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.04
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.00
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.04
CY2022Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
7719000
CY2021Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
59086000
CY2022Q1 prkr Prepaid Retainers For Services
PrepaidRetainersForServices
400000
CY2021Q4 prkr Prepaid Retainers For Services
PrepaidRetainersForServices
523000
CY2022Q1 prkr Prepaid License
PrepaidLicense
30000
CY2021Q4 prkr Prepaid License
PrepaidLicense
16000
CY2022Q1 us-gaap Prepaid Insurance
PrepaidInsurance
23000
CY2021Q4 us-gaap Prepaid Insurance
PrepaidInsurance
23000
CY2022Q1 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
10000
CY2021Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
12000
CY2022Q1 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
463000
CY2021Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
574000
CY2022Q1 us-gaap Professional Fees
ProfessionalFees
400000
CY2021 us-gaap Professional Fees
ProfessionalFees
500000
CY2022Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
14683000
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
14755000
CY2022Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
12987000
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
12970000
CY2022Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1696000
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1785000
CY2022Q1 prkr Contingent Payment Obligation Minimum Return
ContingentPaymentObligationMinimumReturn
50500000
CY2021 prkr Contingent Payment Obligation Minimum Return
ContingentPaymentObligationMinimumReturn
48800000
CY2020Q4 prkr Gain Contingency Damages Sought
GainContingencyDamagesSought
1300000000
CY2018Q1 prkr Loss Contingency Patents Number Motion To Dismiss
LossContingencyPatentsNumberMotionToDismiss
3
CY2018Q1 us-gaap Gain Contingency Patents Allegedly Infringed Upon Number
GainContingencyPatentsAllegedlyInfringedUponNumber
4
CY2022Q1 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
10300000
CY2022Q1 prkr Estimated Fair Market Value Of Stock And Warrants
EstimatedFairMarketValueOfStockAndWarrants
3200000
CY2022Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
750000
CY2021Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
950000
CY2022Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
2200000
CY2022Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P0Y9M

Files In Submission

Name View Source Status
0000914139-22-000010-index-headers.html Edgar Link pending
0000914139-22-000010-index.html Edgar Link pending
0000914139-22-000010.txt Edgar Link pending
0000914139-22-000010-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
prkr-20220331.xsd Edgar Link pending
prkr-20220331x10q.htm Edgar Link pending
prkr-20220331x10q_htm.xml Edgar Link completed
prkr-20220331xex10_1.htm Edgar Link pending
prkr-20220331xex10_2.htm Edgar Link pending
prkr-20220331xex10_3.htm Edgar Link pending
prkr-20220331xex10_4.htm Edgar Link pending
prkr-20220331xex31_1.htm Edgar Link pending
prkr-20220331xex31_2.htm Edgar Link pending
prkr-20220331xex32_1.htm Edgar Link pending
prkr-20220331xex99_1.htm Edgar Link pending
prkr-20220331_cal.xml Edgar Link unprocessable
prkr-20220331_def.xml Edgar Link unprocessable
prkr-20220331_lab.xml Edgar Link unprocessable
prkr-20220331_pre.xml Edgar Link unprocessable
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending