Tue, Jan 27, 2015, 3:08 PM EST - U.S. Markets close in 52 mins.


% | $
Quotes you view appear here for quick access.

Netlist Inc. Message Board

  • kaibasl500 kaibasl500 Feb 8, 2013 5:07 PM Flag

    NLST CASH & O/S...

    NLST issued 1.6 M shares in Dec.2012, with 2.2 M in Warrants, which take effect after 180 days at 0.89 cents.
    Thus, total outstanding shares after factoring the above, will become 32.4 M shares outstanding.

    10.4 M at the end of Sept. 28, 2012.
    They are expected to have gross margins between 15 - 20 % in 4th quarter.
    Hypothetical model:
    Revenue $6.1 M - $5.2 M Cost of Goods .. Divided by $6.1 M revenues = 15% Gross Margin.
    NLST has reduced expenses and R&D, which they expect to be $3.5 M going forward. I project it will stay around $4.1 M. for the 4th quarter. $0.9 M profit - $4.1 M in expenses for 4th quarter = ($3.2M) loss in the 4th quarter. The first 3 months of 2013, we assume expenses remain flat, instead of lower despite management projecting $3.5 M. We also factor in that margins improve from 15 % to perhaps 18% for the 1st quarter.

    $10.4[cash 3rd quarter] - $3.2 m [loss 4th quarter] + $1.3 [profit from issuing outstanding shares] = $8.5 M cash on hand DEC. 31, 2012.

    Hypothetical Model:
    Revenues of $8 M for 1st quarter.
    With 18 % Gross Margin, NLST Profit for 1st quarter would be $1.5 M. Expenses remain at $4 M.
    Cash Burn for 1st quarter would be $4 - 1.5 M = ($2.5 M)

    10.4 m - 3.2 m + 1.3 M - 2.5 m = $6 M Cash.

    NLST tends to hold on to news. When NLST reports numbers for 4th quarter, they will release news about 1 or 2 qualifications at that time. My biggest concern is what happen to HP qualification that was suppose to be announced at the end of Dec.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
1.53-0.03(-1.92%)3:03 PMEST

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.