Business Context and Reporting Period
This Form 8-K was filed by Wireless Ronin Technologies, Inc. on November 9, 2009. The report discloses a specific business event regarding a new purchase order received from an existing customer.
Key Financial Metrics
The filing details a single transaction rather than comprehensive financial statements. The key metric reported is a purchase order valued at $443,250, broken down as follows:
- Hardware: $329,000 (100 screens and related hardware)
- Software: $114,250 (RoninCast software)
The filing text does not provide clear values for revenue, profit, cash flow, margins, debt, or liquidity for the reporting period.
Material Changes
The material change reported is the receipt of the $443,250 purchase order. The Company expects to complete the installations associated with this order within the next 90 days. No comparative data to prior periods is provided in this filing.
Outlook and Management Commentary
Management indicates an expectation to fulfill the order within 90 days. The filing contains no formal guidance, risk factors, contingencies, or discussion of unusual items beyond the announcement of the purchase order.
Investor Verification Points
- Confirm the customer's creditworthiness and ability to pay the $443,250 order.
- Verify the timeline for installation completion and the associated revenue recognition schedule.
- Assess the proportion of this single order relative to the Company's total annual revenue.