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 involving 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 specific filing.
Guidance, Outlook, and Risks
Management commentary is limited to the expectation of completing installations within 90 days. The filing does not contain forward-looking guidance, risk factors, contingencies, or unusual items beyond the reported purchase order.
Investor Verification Checklist
- Verify the identity of the existing customer who issued the purchase order.
- Confirm the revenue recognition policy regarding the $443,250 order and the 90-day installation timeline.
- Review subsequent filings to confirm the completion of installations and actual revenue booking.