Business Context and Reporting Period
This Form 8-K was filed by Wireless Ronin Technologies, Inc. on October 9, 2012. The report discloses a material event involving a new purchase order received from a pre-existing customer in the automotive industry.
Key Financial Metrics
The filing does not provide comprehensive financial statements, revenue totals, profit margins, cash flow, debt levels, or liquidity ratios. The only specific financial figure disclosed is the value of the new purchase order.
- Purchase Order Value: $648,000
- Service Period: October 1, 2012, through December 31, 2013
- Scope of Services: Interactive application support, maintenance, software use, help desk support, content management system, server administration, and content development.
Material Changes
The filing reports the receipt of a $648,000 purchase order as a significant event. No comparative financial data or changes in prior period performance are included in this specific report.
Outlook and Management Commentary
Management commentary is limited to the description of the services to be rendered under the new agreement. The filing does not contain forward-looking guidance, risk factors, contingencies, or discussion of unusual items beyond the announcement of the contract.
Investor Verification Checklist
- Verify the revenue recognition timeline for the $648,000 order across the 16-month service period.
- Confirm the identity and creditworthiness of the pre-existing automotive customer.
- Review subsequent filings to determine if this order impacts the company's overall revenue guidance or liquidity position.
- Check for any related party transactions associated with this purchase order.