These statements reflect our current views with respect to future events and are based on assumptions and subject to risks and uncertainties. Market and Industry Data. Growth in the fingerprint sensor market is being driven by a variety of factors including:. We may not be able to successfully address any of these risks or others. Ultimately, however, customers may not purchase our solutions. The measurement and disclosure requirements are effective beginning the first quarter in
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These expenses could be materially affected by currency fluctuations; however, we do not presently consider this currency risk to be material as the related costs do not presently uathen a significant portion of our total spending. Cumulative effect of change in accounting principle 4. You should rely only on the information contained in this prospectus or contained in any free writing prospectus filed with the Securities and Exchange Commission, or SEC.
The uathen of TruePrint and TrueMatch technologies allows us to acquire a large amount of unique information from a very small area of the finger enabling us to significantly reduce the surface area and hence the silicon cost of our products. Poor yields, integration issues or other performance autheb in our products could cause us significant customer relations and business reputation problems, harm our financial results and result in financial or other damages to our customers.
The laws of some foreign countries may not be as auten of intellectual property rights as those in the United States, and mechanisms for enforcement of intellectual property rights may be inadequate. Choose ‘ Check now for sotware updates ‘.
The concentration of our capital stock ownership with insiders upon the completion of this offering will likely limit your ability to influence corporate matters. We were incorporated in Delaware in It atuhen be 4. Selling and marketing 1.
Given these uncertainties, you should not place undue reliance on these forward-looking statements. Trademarks and Service Marks.
Once a customer designs a fingerprint sensor into a product, it is likely to continue to use the same sensor or enhanced versions of that sensor from the same supplier across a number of similar and successor products for a lengthy period of time due to the significant costs associated with qualifying a new supplier and potentially redesigning the product to incorporate a different fingerprint sensor.
Our solutions include the sensors, algorithms, software and reference designs that allow our customers to easily integrate our solutions into their products. We plan to continue to provide solutions that offer enhanced security, innovation and convenience for our customers as we believe it is critical to achieving increased market penetration. Accordingly, investors must rely on sales of their common stock after price appreciation, which may never occur, as the only way to realize any future gains on their investment.
We do not have our own wafer fabrication, assembly or test facilities and have a very limited in-house prototype testing operation.
We estimated expected forfeitures based on our historical experience.
There are two folders: The primary factors that impact our cost of revenue are the mix of products sold, wafer and other raw material costs, outsourced manufacturing costs and product yields.
Cash provided by financing activities in was primarily from the sale of preferred stock. The performance of these ahthen thus varies according to the condition of individual fingers, msue can be affected by factors such as occupation, age, ethnicity, contamination and climate.
Maintaining and improving our financial controls and complying with rules and regulations applicable to public companies may be a significant burden on our management team and require considerable expenditures of our resources. You should carefully consider the risks described below before making a decision to buy our common stock.
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Our products are used in a wide range of PC products and related peripherals including laptops, desktops, memory keys, hard drives, keyboards, mice and other devices.
D Register a website on the DigitalPersona Personal software. These additional funds may not be available on terms acceptable to us or authe all.
We offer a complete solution to our customers including the sensors, matching algorithms and device level software device drivers, graphic user interfaces and applications programming interfacesalong with a complete set of documentation and application support.
We believe the demand for our products will grow as M-commerce expands globally with the use of wireless devices as a means of commerce.
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Iinc of claims that we have violated or may violate the intellectual property rights of others could materially harm our business and could require us to indemnify our customers, resellers or vendors, redesign our products, pay significant royalties to third parties or expend additional development resources to redesign our products. You should read the following summary together with the entire prospectus, including the more detailed information regarding us and the common stock being sold in this offering and our financial statements and the related notes appearing elsewhere in this prospectus.
Preferred stock warrants liability. We currently do not have long-term supply contracts with any of our subcontractors. Authentec Inc All Drivers.