Business Context and Reporting Period
This Form 8-K was filed by Wireless Ronin Technologies, Inc. on December 11, 2013. The report discloses a material event occurring on December 10, 2013, involving a new purchase order from an 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 a single purchase order.
- Purchase Order Value: $518,400
- Service Period: January 1, 2014, through December 31, 2014
- Services Included: 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 $518,400 purchase order from a pre-existing customer. This represents a new contractual commitment for services to be rendered in the upcoming fiscal year (2014). No comparative financial data or changes from prior periods are provided in this document.
Guidance, Outlook, and Risks
The filing contains no forward-looking guidance, management commentary on future performance, or discussion of risks and contingencies beyond the disclosure of the new contract. The document is limited to reporting the specific event of the purchase order receipt.
Investor Verification Checklist
- Verify the customer's creditworthiness and history of payment for similar services.
- Confirm the specific terms and conditions of the purchase order, including cancellation clauses or performance milestones.
- Review the company's most recent 10-K or 10-Q to understand how this $518,400 contract impacts overall annual revenue projections.
- Assess the company's capacity to deliver the required support and maintenance services throughout 2014.