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Wave Systems (WAVX)

Wave Systems (WAVX)
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Wave Systems Corp. is a leading provider of trusted computing solutions. Trusted computers use a combination of hardware and software to reduce or eliminate the possibility of the software installed on a personal computer being corrupted, and to verify that the user on a PC is the designated user of the machine. Wave has made significant progress in releasing new products and in solidifying relations with key OEMs such as Dell, Intel and Seagate that should drive sales. Wave believes that the Company addresses a large market opportunity, and at some point all PCs will be Trusted computers.
(Values in U.S. Thousands) Dec, 2014 Dec, 2013 Dec, 2012 Dec, 2011 Dec, 2010
Sales 16,970 24,400 28,840 36,140 26,050
Sales Growth -30.45% -15.40% -20.20% +38.73% +37.90%
Net Income -12,880 -20,320 -33,960 -10,790 -4,120
Net Income Growth +36.61% +40.16% -214.74% -161.89% -22.99%
(Values in U.S. Thousands) Dec, 2014 Dec, 2013 Dec, 2012 Dec, 2011 Dec, 2010
Total Assets 8,030 11,820 18,630 30,120 17,080
Total Assets Growth -32.06% -36.55% -38.15% +76.35% +169.83%
Total Liabilities 14,950 20,810 21,500 18,580 14,390
Total Liabilities Growth -28.16% -3.21% +15.72% +29.12% +75.70%
(Values in U.S. Thousands) Dec, 2014 Dec, 2013 Dec, 2012 Dec, 2011 Dec, 2010
Operating Cash Flow -16,180 -11,550 -15,760 -1,230 -2,480
Operating Cash Flow Growth -40.09% +26.71% -1,181.30% +50.40% +47.01%
Net Cash Flow -340 10 -1,270 -210 1,700
Change in Net Cash Flow -3,500.00% +100.79% -504.76% -112.35% +78.95%
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