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Andrea Electronics (ANDR)

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Last Post: 9/28/2016 3:51:17 AM - Followers: 28 - Board type: Free - Posts Today: 0

REVENUES $ANDR 2015   $13.234 +982% (0.20 share)

Our total revenues from continuing operations for the years ended December 31, 2015 and 2014 were approximately $13.2 million and $1.2 million, respectively. Net income from continuing operations for the year ended December 31, 2015 was approximately $2.5 million, or $0.04 per share on a basic and diluted basis, versus a net loss from continuing operations of approximately $2.5 million, or $0.04 net loss per share on a basic and diluted basis for the year ended December 31, 2014. On April 2, 2015, we sold our Andrea Anti-Noise Products Division. For the year ended December 31, 2015, the Anti-Noise Products business segment generated approximately $662,000 in revenue and a total operating loss of approximately $300,000 and we recorded a gain on the sale of the segment of approximately $880,000. For the year ended December 31, 2014, the Anti-Noise Products business segment generated approximately $1.6 million in revenue and a total operating loss of approximately $365,000. We continue to explore opportunities to grow sales in other business areas and vigorously defend and monetize our intellectual property. http://ih.advfn.com/p.php?pid=nmona&article=70923479&symbol=ANDR

March 24, 2016 $7.900 of cash (0.12 share)

Under liquidity and Capital Resources: 
"We plan to improve our cash flows in 2016 by aggressively pursuing monetization of our patents related to our Andrea DSP Microphone Audio Software, increasing the sales of our Andrea DSP Microphone Audio Software Products through the introduction of new products as well as the increased efforts we are putting into our sales and marketing efforts. As of March 24, 2016, Andrea had approximately $7,900,000 of cash deposits." 



 

Andrea Electronics is a pioneer of digital array microphones and noise reduction software. Andrea is an industry leader of product solutions that optimize the performance of voice driven applications such as; Speech Recognition, VoIP, Video Conferencing, Computer Gaming, In-Car Computing and Mobile Recording among others.

We possess both the technological and engineering capability to deliver truly innovative audio input solutions at cost-competitive prices. We can embed, scale or customize our unique Patented Microphone Technologies for various software and hardware platforms. In addition, we also provide over 20 years of embedded microphone acoustics know-how.

Commitments to research and development have enabled Andrea Electronics to carve a niche in a converging computing and communications marketplace. As a result, the Company has built a leadership position as a provider of front-end digital audio input solutions for the OEM computer industry.

End users enjoy our hi-definition sound quality and the fact that our products increase the intelligibility of communicating while in real world noisy environments. As well as providing state-of-the-art digital array microphones and noise reduction software, we pride ourselves in also delivering the highest level of technical customer service.

CLICK HERE TO DOWNLOAD OUR DIGITAL OEM PRESENTATION.

http://www.andreaelectronics.com
http://www.otcmarkets.com/stock/ANDR/profile

Andrea Electronics Corp.
65 Orville Drive
Bohemia, NY 11716

Phone: (631) 719-1800

Corporate Officers

Douglas J. Andrea
President, Chief Executive Office, Chairman of the Board and Corporate Secretary
Corisa L.Guiffre
Vice President & Chief Financial Officer

Share Structure :

  Market Value1 $2,737,681 a/o Dec 24, 2015
  Authorized Shares 200,000,000 a/o Nov 12, 2015
  Outstanding Shares 64,416,035 a/o Nov 12, 2015

 

  
 

Income Statement 2015
Revenue (ttm): 2.83M
Revenue Per Share (ttm): 0.04
Balance Sheet 2015
Total Cash (mrq): 3.83M
Total Cash Per Share (mrq): 0.06

CHART:


Andrea Electronics Corporation is a leading provider of advanced microphone products and audio enhancement software. Andrea’s technology can be found in Andrea’s retail products and in certain products offered by Andrea’s commercial partners. This page is intended to serve as notice under 35 U.S.C. § 287(a)

PRODUCT U.S. PATENT NOS.
PureAudio Live Recorder
PureAudio Live Recorder for iPad
6,363,345; 6,377,637
PureAudio Pro Recorder
PureAudio Pro Recorder for iPad
5,825,898; 6,178,248; 6,198,693; 6,332,028; 6,363,345; 6,377,637; 6,483,923; 6,594,367; Pat pend.
*USBD2-A; SUMA; USB-SA;
USB-MA, “USB-SA with Array-2SA”, “USB-SA, Array-2SA & HS-75”
5,825,898; 6,049,607; 6,108,415; 6,178,248; 6,198,693; 6,332,028; 6,363,345; 6,377,637; 6,483,923; 6,594,367; 8,150,054; 8,767,973; Pat pend.
*USB-SA Headset; WNC 1500;
NC-181VM USB; NC-185VM USB
6,363,345; 6,377,637; Pat pend.
*SB-205; SB-405; SB-805 5,825,898; 6,049,607; 6,108,415; 6,178,248; 6,198,693; 6,332,028; 6,363,345; 6,377,637; 8,542,843; 8,818,000
DA-150, DA-250, DA-350 and other designated array microphones with an embedded processor 5,825,898; 6,049,607; 6,108,415; 6,178,248; 6,198,693; 6,332,028; 6,363,345; 6,377,637; 6,483,923; 6,594,367; 8,150,054; 8,767,973; Pat pend.
Blinx Buds 7,391,762
Acoustic microphone boot 6,108,415

Link Patents ANDREA ELECTRONICS: http://www.andreaelectronics.com/patents/

NEWS:

ANDREA FILES COMPLAINT WITH THE UNITED STATES INTERNATIONAL TRADE COMMISSION BOHEMIA, N.Y. (January 26, 2014) – Andrea Electronics Corporation (OTCBB: ANDR - News), a leading developer of hardware and software microphone technologies, announced today that it has filed a complaint with the U.S. International Trade Commission, under section 337 of the Tariff Act of 1930, as amended, 19 U.S.C. § 1337. The complaint alleges violations of section 337 based upon the importation into the United States, the sale for importation, and the sale within the United States after importation of certain audio processing hardware and software and products containing same by reason of infringement of U.S. Patent numbers 5,825,898 “System and Method for Adaptive Interference Cancelling,” 6,363,345 “System, Method and Apparatus for Cancelling Noise,” 6,049,607 “Interference Canceling Method and Apparatus,” 6,377,637 “Sub-band Exponential Smoothing Noise Canceling System,” and 6,483,923 “System and Method for Adaptive Interference Cancelling.” The named respondents include Acer Inc., Acer America Corp., ASUSTeK Computer Inc., ASUS Computer International, Dell Inc., Hewlett Packard Co., Lenovo Group Ltd., Lenovo Holding Co., Inc., Lenovo (United States) Inc., Toshiba Corp., Toshiba America, Inc., Toshiba America Information Systems, Inc., and Realtek Semiconductor Corp. According to the complaint, the respondents import products, such as desktop and laptop computers, that use the patent protected audio enhancement technology. Andrea has requested that the Commission institute an investigation and, after the investigation, issue limited exclusion orders and cease and desist orders. http://www.andreaelectronics.com/wp-content/uploads/2015/07/150126_Complaint_Filed_With_ITC.pdf

On October 15, 2015, Andrea Electronics Corporation (the “Company”) entered into a Settlement Agreement with Realtek Semiconductor Corporation (“Realtek”). Under the Settlement Agreement the Company settled outstanding litigation between the Company and Realtek including, (a) Andrea Electronics Corporation v. Realtek Semiconductor Corp., Civ. Action No. 2:15-cv-215, pending in the Eastern District of New York, (b) Realtek Semiconductor Corporation v. Andrea Electronics Corporation, Civ. Action No. 5:15-cv-03184, pending in the Northern District of California, (c) Certain Audio Processing Hardware and Software and Products Containing the Same, Inv. No. 337-TA-949, pending at the International Trade Commission, and (d) IPR2015-1391—1396 pending at the United States Patent and Trademark Office (collectively, the “Litigation”). In addition, the Company and Realtek entered into a Patent and Technology License Agreement. http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10963209

On November 17, 2015, Andrea Electronics Corporation (the “Company”) entered into a Settlement Agreement with Acer Inc. and Acer American Corporation (“Acer”). Under the Settlement Agreement the Company settled outstanding litigation between the Company and Acer including Andrea Electronics Corporation v. Acer Inc. and Acer American Corporation., Civ. Action No. 2:15-cv-215, pending in the Eastern District of New York and Certain Audio Processing Hardware and Software and Products Containing the Same, Inv. No. 337-TA-949, pending at the International Trade Commission (collectively, the “Litigation”). In addition, the Company and Acer entered into a Patent License Agreement. http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11022514

Andrea Electronics Provides Digital Noise Canceling Microphone To Norcon Communications Inc BOHEMIA, N.Y., Nov. 23, 2015 /PRNewswire/ -- Andrea Electronics Corporation (OTC: ANDR), a leading developer of hardware and software microphone technologies, today announced that it is delivering its DA-250, a digital noise canceling and digital signal processing circuit board, to Norcon Communications for integration into their Talk-Thru communicator Unit (TTU). The TTU provides hands-free communication between people separated by security or isolation barriers and is the most widely used barrier intercom system of its type in the world. The new TTU-NC version of TTU incorporates Andrea Electronics' DA250 digital noise canceling module, reduces ambient noise detected within the customers' speech, increasing operator intelligibility for scenarios such as subway and theater ticket window transactions conducted in real world noisy environments.

Satisfied customers using the new TTU-NC include: The 911 Museum, Augusta Entertainment Complex, the Beacon Theater, Barclays Center, Bay Area Rapid Transit, Brigham Young University, Central Arkansas Transit, Cleveland Metroparks, County Of Henrico, Milwaukee Miller Park, Red Bulls Arena, San Bruno Police Department, Tuscaloosa Amphitheater and the University of California among others.

The DA-250 digital noise canceling DSP module is among the latest innovations from Andrea Electronics. Its modular design is targeted towards Original Equipment Manufacturers (OEMs) looking for a better microphone solution with ease of upgrade installation and increased audio system performance providing enhanced intelligibility for their customers. Some market applications for the DA-250 digital noise canceling processor include: virtual teller machines (VTM's), customer service kiosks, hands-free communications for automotive, trucking and police cruisers, intercom systems and fast-food restaurant drive thru order posts http://www.prnewswire.com/news-releases/andrea-electronics-provides-digital-noise-canceling-microphone-to-norcon-communications-inc-300182789.html

On December 22, 2015, Andrea Electronics Corporation (the “Company”) entered into a Settlement Agreement with HP Inc. (“HP”). Under the Settlement Agreement the Company settled outstanding litigation between the Company and HP including Andrea Electronics Corporation v. Hewlett-Packard Co., Civ. Action No. 2:15-cv-208, pending in the Eastern District of New York and Certain Audio Processing Hardware and Software and Products Containing the Same, Inv. No. 337-TA-949, pending at the International Trade Commission (collectively, the “Litigation”). In addition, the Company and HP entered into a Patent License Agreement.
http://ih.advfn.com/p.php?pid=nmona&article=69828333&symbol=ANDR

On January 27, 2016, Andrea Electronics Corporation (the “Company”) entered into a Settlement Agreement with ASUSTeK Computer Inc. and ASUS Computer International (“Asus”). Under the Settlement Agreement the Company settled outstanding litigation between the Company and Asus including Andrea Electronics Corporation v. ASUS Computer Inc. et al., Civ. Action No. 2:15-cv-00214, pending in the Eastern District of New York and Certain Audio Processing Hardware and Software and Products Containing the Same, Inv. No. 337-TA-949, pending at the International Trade Commission. In addition, the Company and Asus entered into a Patent License Agreement. http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11143260

On February 16, 2016, Andrea Electronics Corporation (the “Company”) entered into a Settlement Agreement with Conexant Systems, Inc. (“Conexant”). Under the Settlement Agreement the Company settled outstanding litigation between the Company and Conexant includingAndrea Electronics Corporation v. Conexant Systems, Inc., International Trade Commission case No. 337-TA-949. In addition, the Company and Conexant entered into a Patent License Agreement. http://ih.advfn.com/p.php?pid=nmona&article=70488273

On February 18, 2016, Andrea Electronics Corporation (the "Company") entered into a Settlement Agreement with Lenovo (United States) Inc., ("Lenovo"). Under the Settlement Agreement the Company settled outstanding litigation between the Company and Lenovo including Andrea Electronics Corp. v. Lenovo Group Ltd. et al., and Andrea Electronics Corp. v. Lenovo Holding Co., Inc. et al., in the United States District Court for the Eastern District of New York (Case Nos. 2:14-cv-04489 and 2:15-cv-00212), and Certain Audio Processing Hardware and Software and Products Containing Same, in the United States International Trade Commission (ITC Inv. No. 337-TA-949). The parties also entered a License Agreement.

On March 3, 2016, Andrea Electronics Corporation (the “Company”) entered into a Settlement Agreement with Waves Audio Ltd. (“Waves”) which resolved outstanding litigation between the Company and Waves including Certain Audio Processing Hardware and Software and Products Containing the Same, Inv. No. 337-TA-949 pending at the United States International Trade Commission, and Inter Partes Reviewrequests IPR2016-00459; IPR2016-00461; and IPR2016-00474 pending at the United States Patent and Trademark Office. In addition, the Company and Waves entered into a Patent License Agreement. http://ih.advfn.com/p.php?pid=nmona&article=70703335

SHAREHOLDER INFORMATION

Andrea Electronics stock trades on the Over The Counter Bulletin Board as ANDR.OB. http://www.andreaelectronics.com/shareholder-info/



Small investors of Andrea Electronics would like to pay tribute to Frank Andrea, JR., who passed away on Saturday at the age of 89. Frank served as Chairman of the Board of Andrea Electronics Corporation from 1965 to 1998 and was the son of Andrea Radio Corporation founder, Frank A.D. Andrea, Sr.

                                                                   
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ANDR
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ANDR News: Proxy Statement (definitive) (def 14a) 09/02/2016 11:31:06 AM
ANDR News: Quarterly Report (10-q) 08/15/2016 05:04:13 PM
ANDR News: Quarterly Report (10-q) 05/16/2016 05:17:48 PM
PostSubject
#2494   Who buy / accumulate? chesco71_com 09/28/16 03:51:17 AM
#2493   Thanks for the information westcoastcash ¡¡ chesco71_com 09/20/16 12:04:17 PM
#2492   The whole equation? The most important part is Farsis 09/17/16 06:05:27 AM
#2491   LIABILITIES HAVE ALSO BEEN REDUCED FROM 6,168,803 to 2,249,705 westcoastcash 09/16/16 02:37:35 PM
#2490   At June 30, 2016, we had cash of Farsis 09/16/16 01:39:03 AM
#2489   It doesnt seem like it. The fact that Farsis 09/14/16 10:42:00 AM
#2488   you know if there approved a share buyback ? chesco71_com 09/14/16 09:44:17 AM
#2487   Must be Doug buying. Dropping revenues, still making Farsis 09/13/16 02:08:21 PM
#2486   Handling, someone is accumulating afterhours 0.05 $ANDR (agreed chesco71_com 09/13/16 04:12:59 AM
#2485   Handling, someone is accumulating afterhours 0.05 $ANDR (agreed chesco71_com 09/13/16 04:12:46 AM
#2484   Handling, someone is accumulating afterhours 0.05 $ANDR (agreed chesco71_com 09/13/16 04:12:45 AM
#2483   Getting harder to stay strong and long everyday Omahane1956 09/12/16 09:59:19 PM
#2482   NOTICE OF ANNUAL MEETING OF SHAREHOLDERS TO BE chesco71_com 09/07/16 11:34:57 AM
#2481   You know that a company can get into Farsis 09/01/16 10:35:05 AM
#2480   manipulated is not the same as false ... ;) chesco71_com 09/01/16 10:33:33 AM
#2479   Ever wonder why they dont? Must be a Farsis 09/01/16 08:13:08 AM
#2478   Are you implying that Andrea revenues are fake? Farsis 09/01/16 08:12:00 AM
#2477   Certainly a BUYBACK would be a good option ¡¡ chesco71_com 09/01/16 03:19:03 AM
#2476   Need a stock buy back,can buy back one Omahane1956 08/31/16 02:24:25 PM
#2475   Doug does NOT control stockprice. Farsis 08/31/16 10:33:05 AM
#2474   if it bothers me ... and I think chesco71_com 08/31/16 09:55:17 AM
#2473   They have been buying seed for decades resulting Farsis 08/31/16 09:49:44 AM
#2472   We must plant to collect ... and $ANDR chesco71_com 08/31/16 07:57:35 AM
#2471   Those numbers only reflect the one off deals. Farsis 08/30/16 07:54:32 AM
#2470   Price/Book $ANDR (mrq) 1.15 chesco71_com 08/30/16 06:39:49 AM
#2469   I'm investor long ... the moment I do chesco71_com 08/22/16 05:53:38 PM
#2468   I fully disagree. What they need, imo, is Farsis 08/22/16 02:04:33 PM
#2467   They need to get on NASDAQ to help bell345 08/22/16 08:42:29 AM
#2466   This is a joke ? chesco71_com 08/19/16 05:33:04 PM
#2465   Well so much for the explosive earnings. Westwood777 08/15/16 05:44:52 PM
#2464   Last day to buy I truly believe we Omahane1956 08/12/16 10:21:10 AM
#2463   Golden Cross $ANDR ? http://stockcharts.com/c-sc/sc?s=ANDR&p=D&yr=2&mn=0&dy chesco71_com 08/11/16 04:59:01 PM
#2462   Samson Technologies, maker of the world's first USB chesco71_com 08/10/16 06:27:22 PM
#2461   This is a complete steal. Next week ANDR lightbringer 08/09/16 07:23:25 PM
#2460   Read the date wrong. Should be out pretty quick westcoastcash 08/08/16 06:06:45 PM
#2459   where? Westwood777 08/08/16 01:52:15 PM
#2458   Financials are in ***** westcoastcash 08/08/16 12:49:39 PM
#2457   Should see earnings a week from today Omahane1956 08/08/16 08:30:44 AM
#2456   Amazon's next noise-canceling headphones could turn off when Omahane1956 07/31/16 01:04:56 PM
#2455   Andrea Electronics $ANDR Patented Digital Noise Reduction Software chesco71_com 07/26/16 03:54:14 AM
#2454   earnings due in about three weeks, I think Omahane1956 07/25/16 09:15:15 PM
#2453   The company $ANDR ignores small shareholders: chesco71_com 07/12/16 12:25:41 PM
#2452   We will find out at the next earnings Omahane1956 07/08/16 05:45:10 PM
#2451   Just found this stock this morning via a RStevens 07/08/16 04:24:14 PM
#2450   A little over 30 days until next earnings Omahane1956 07/08/16 08:34:07 AM
#2449   Another tweet I wish if they were trying Omahane1956 06/17/16 10:27:08 AM
#2448   Everyday you hold on to your shares is Omahane1956 06/05/16 02:18:26 PM
#2447   Everytime I go back and review Andrea I'm Omahane1956 05/23/16 08:18:58 PM
#2446   Not according to the SEC filings Westwood777 05/20/16 11:42:43 AM
#2445   Does anyone know if the company has a Omahane1956 05/20/16 11:32:07 AM
PostSubject