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Optec International Inc (OPTI)

Optec International Inc (OPTI)
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Financial Summary for [[ item.sessionDateDisplayLong ]]
OPTi Inc., a California corporation was founded in 1989. The Company is the supplier of semiconductor products to the personal computer and embedded marketplaces. In September 2002, the Company sold its product fabrication, distribution and sales operations to Opti Technologies, Inc., an unrelated third party, and the Company ceased manufacturing, marketing and sales operations. However, the Company has been engaged in perfecting its intellectual property position, investigating unlicensed use of its technology and developing and validating a strategy to pursue product licenses from unlicensed users. The Company's current strategy is to pursue licensing opportunities to resolve potential infringement of its proprietary intellectual property in the core logic area. The Company had sought to protect its proprietary technology by the filing of patents. The Company currently has thirty-five issued U.S. patents based on certain aspects of the Company's designs.

Fiscal Year End Date: 03/31

(Values in U.S. Thousands) Mar, 2013 Mar, 2012 Mar, 2011 Mar, 2010 Mar, 2009
Sales 0 240 50,620 650 3,750
Sales Growth -100.00% -99.53% +7,687.69% -82.67% unch
Net Income 0 -3,040 25,620 6,960 -4,140
Net Income Growth +100.00% -111.87% +268.10% +268.12% -19.31%
(Values in U.S. Thousands) Mar, 2013 Mar, 2012 Mar, 2011 Mar, 2010 Mar, 2009
Total Assets 9,020 23,350 27,230 15,520 7,830
Total Assets Growth -61.37% -14.25% +75.45% +98.21% -27.43%
Total Liabilities 8,630 4,190 5,020 2,630 1,910
Total Liabilities Growth +105.97% -16.53% +90.87% +37.70% +94.90%
(Values in U.S. Thousands) Mar, 2013 Mar, 2012 Mar, 2011 Mar, 2010 Mar, 2009
Operating Cash Flow 0 -3,840 38,500 -3,440 -3,910
Operating Cash Flow Growth +100.00% -109.97% +1,219.19% +12.02% -15.00%
Net Cash Flow 0 -3,850 22,200 -3,450 180
Change in Net Cash Flow +100.00% -117.34% +743.48% -2,016.66% +101.59%
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