Company Quick10K Filing
Walker Innovation
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 20 $9
10-K 2019-02-15 Annual: 2018-12-31
10-Q 2018-10-26 Quarter: 2018-09-30
10-Q 2018-08-06 Quarter: 2018-06-30
10-Q 2018-05-07 Quarter: 2018-03-31
10-K 2018-02-02 Annual: 2017-12-31
10-Q 2017-10-30 Quarter: 2017-09-30
10-Q 2017-08-03 Quarter: 2017-06-30
10-Q 2017-05-05 Quarter: 2017-03-31
10-K 2017-02-07 Annual: 2016-12-31
10-Q 2016-11-07 Quarter: 2016-09-30
10-Q 2016-08-08 Quarter: 2016-06-30
10-Q 2016-05-10 Quarter: 2016-03-31
10-K 2016-03-15 Annual: 2015-12-31
10-Q 2015-11-10 Quarter: 2015-09-30
10-Q 2015-08-06 Quarter: 2015-06-30
10-Q 2015-05-13 Quarter: 2015-03-31
10-K 2015-03-13 Annual: 2014-12-31
10-Q 2014-11-13 Quarter: 2014-09-30
10-Q 2014-08-12 Quarter: 2014-06-30
10-Q 2014-05-15 Quarter: 2014-03-31
10-K 2014-03-31 Annual: 2013-12-31
10-Q 2013-11-14 Quarter: 2013-09-30
10-Q 2013-07-23 Quarter: 2013-06-30
10-Q 2013-05-14 Quarter: 2013-03-31
10-K 2013-04-01 Annual: 2012-12-31
10-Q 2012-11-20 Quarter: 2012-09-30
10-Q 2012-08-13 Quarter: 2012-06-30
10-Q 2012-05-15 Quarter: 2012-03-31
10-K 2012-03-30 Annual: 2011-12-31
10-Q 2011-11-14 Quarter: 2011-09-30
10-Q 2011-08-02 Quarter: 2011-06-30
10-Q 2011-04-26 Quarter: 2011-03-31
10-K 2011-02-15 Annual: 2010-12-31
10-Q 2010-11-15 Quarter: 2010-09-30
10-Q 2010-08-16 Quarter: 2010-06-30
10-Q 2010-05-13 Quarter: 2010-03-31
10-K 2010-03-16 Annual: 2009-12-31
8-K 2018-09-27 Other Events
8-K 2018-09-21 Other Events, Exhibits
8-K 2018-09-14 Other Events, Exhibits
8-K 2018-09-05 Shareholder Vote
8-K 2018-07-20 Other Events, Exhibits
8-K 2018-06-28 Other Events, Exhibits
8-K 2018-05-07 Earnings, Exhibits
8-K 2018-02-02 Earnings, Exhibits

Walker Innovation Financials

WLKR Metrics, Comps, Filings

Annual | Quarterly

Business

Historically, Walker Innovation Inc., a Delaware corporation (collectively, with its subsidiaries, the “Company” or “Walker Innovation”), sought to develop and commercialize its unique portfolio of intellectual property assets through licensing and enforcement operations (“Licensing and Enforcement”). In response to challenging developments in the patent licensing and enforcement environment and the cessation of the Company's custom innovation work the Company undertook an extended period of evaluation of potential acquisitions. On June 28, 2018, the Board of Directors of Walker Innovation concluded that none of the viable acquisition targets presented characteristics that fulfilled our criteria of increasing shareholder value and creating opportunity for investors and approved the liquidation and dissolution of the Company pursuant to a Plan of Complete Liquidation and Dissolution (as amended to date, “Plan of Complete Liquidation and Dissolution” or the “Plan”), subject to stockholder approval. The dissolution of the Company was approved by its stockholders at a special meeting held on September 5, 2018.

On September 7, 2018, the Company filed a certificate of dissolution with the Secretary of State of the State of Delaware, which filing became effective on September 20, 2018 (the “Effective Date”). Subsequently, on September 27, 2018, the Company completed its initial liquidating distribution in the amount of $0.48 per share to each holder of its common stock and Series B Convertible Preferred Stock, or $16,844,791 in the aggregate. The liquidating distribution was made to stockholders as of the Effective Date (including trades through the Effective Date that settled after the Effective Date). In connection with the initial liquidating distribution, the Company's trading symbol on the OTCQB was deleted, the CUSIP for the common stock suspended and the Company's transfer agent closed the transfer books as of the Effective Date (including trades through the Effective Date that settled after the Effective Date).

On September 28, 2018, the Company completed the sale of four vending patents for $55,000, which disposal followed the transfer to a third-party licensee of six gaming patents from the Company's remaining portfolio in exchange for the third-party licensee's assumption of certain Company obligations. As part of the dissolution process, the Company will continue to try to sell additional patents, although the net proceeds of any such disposals are not expected to materially alter future liquidating distributions, if any.


Valuation ($MM)

Market Cap, Enterprise Value

Balance Sheet ($MM)

Assets, Stockholders' Equity

Income Statement ($MM Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($MM Annual)

Operating, Investing, Financing

Comps ($'000 TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Sunnyside Bancorp (SNNY) 9,399 32.4 -0% 84,911 73,603 0 0 -151 241 7,797
PetroQuest Energy (PQ) 9,371 0% -0.8 -3% 232,925 158,177 63,115 0 -7,319 9,729 -7,310
Sports Field Holdings (SFHI) 9,327 -22% -4.1 -150% 2,090 10,644 3,735 -840 -3,127 -2,837 11,546
Best Hometown Bancorp (BTHT) 9,295 0% 4.2 -1% 111,298 98,963 77 0 -1,038 972 4,062
Wizard World (WIZD) 9,118 18% -3.1 -192% 1,462 6,772 10,561 1,866 -2,807 -2,807 8,626
Seychelle Environmental (SYEV) 9,058 51% 25.0 5% 4,366 877 2,700 1,386 220 276 6,883
HG Holdings (STLY) 8,975 3.4 14% 14,639 488 0 0 2,079 2,079 7,040
Techcare (TECR) 8,862 -17% -3.9 -286% 780 364 238 -41 -2,235 -2,235 8,632
ARC Group (ARCK) 8,851 18% 708.6 -5% 18,100 19,357 15,863 2,842 -980 12 8,596
Walker Innovation (WLKR) 8,841 -5.7 156,300,000% 0 0 -1,563 -1,563 8,841
Table Trac (TBTC) 8,831 90% 11.5 8% 6,664 2,566 5,953 5,383 559 752 8,625
Global Tech Industries Group (GTII) 8,789 -2.8 -1,271% 249 6,032 0 0 -3,162 -3,084 8,785
REGI (RGUS) 8,713 0% -5.1 -3,192% 63 2,699 60 0 -2,023 -2,023 10,363
Her Imports (HHER) 8,584 43% -1.2 -107% 6,998 1,048 12,143 5,195 -7,478 -7,183 8,476
Mikros Systems (MKRS) 8,584 62% 16.9 4% 3,799 1,341 7,702 4,809 169 411 6,932
Spotlight Innovation (STLT) 8,583 2% -4.7 -50% 7,186 8,344 32 1 -3,613 -2,846 13,490
Eternity Healthcare (ETAH) 8,553 -22.9 -14% 2,720 2,865 0 0 -388 -388 8,906
Conversion Labs (CVLB) 8,439 76% -43.3 -36% 2,199 3,628 10,077 7,665 -781 -195 8,444
Evans & Sutherland (ESCC) 8,326 37% 0.8 10% 26,605 18,602 35,911 13,420 2,649 3,433 2,884
Acorn Energy (ACFN) 8,282 63% -8.3 -11% 6,065 5,564 5,352 3,363 -677 -610 5,045

Balance Sheet ($'000)2011-12-312011-12-312012-12-312013-06-302013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash9,2279,2273,155024,70315,4075,85810,28524,041
Accounts Receivable2,86012228390
Inventory
PP&E2925690
Assets18,1903,25525,49016,1638,57825,58824,139
Accounts Payable10510501316341,190423214121
Long-Term Debt
Liabilities1,2281,5881,3372,1242,707991350
Stockholders' Equity10,30110,30116,9621,66724,15314,0395,87124,59723,789
Income Statement ($'000)2011-12-312011-12-312012-12-312013-06-302013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue2,0922,9482,3154,278300
Cost of Revenue7528821,6261,80770
Gross Profit1,3402,0666892,471300
R&D
SG&A2,9732,9733,6505632,3351,649814493
Tax006,665366
Net Income-346-3466,320-14,369-15,618-10,40216,877-891
Cash Flow ($'000)2011-12-312011-12-312012-12-312013-06-302013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating-7,412-7,412-4,286-2,258-9,266-9,190-2,873-3,325
Cash Investing9,6009,600-1,80415,394-30-3597,30017,060
Cash Financing-19,087-19,0871811,56700021