Retention: November 2018

Thursday, November 29, 2018

🏠☎️BEST CLEANING-MOVE OUT CLEAN-CARPET CL (VA DC MD/CYBER MONDAY SPECIALS!!)

A BETTER CLEANING SERVICE - Let me do the cleaning ..... ORGANIZING EXPERT CYBER MONDAY SPECIALS EXTENDED! HOLIDAY SPECIALS - ALL WEEK!!! NOT A FRANCHISE ....!!! HOME - OFFICE - RETAIL HOLDAY SPECIALS ALL WEEK GREAT RATES - RIGHT PRODUCTS FOR ...

from Craigslist https://washingtondc.craigslist.org/nva/hss/d/best-cleaning-move-out-clean/6760437744.html

Wednesday, November 28, 2018

🏠☎️BEST CLEANING-MOVE OUT CLEAN-CARPET CL (VA DC MD/CYBER MONDAY SPECIALS!!)

A BETTER CLEANING SERVICE - Let me do the cleaning ..... ORGANIZING EXPERT CYBER MONDAY SPECIALS! HOLIDAY SPECIALS - ALL WEEK!!! NOT A FRANCHISE ....!!! HOME - OFFICE - RETAIL HOLDAY SPECIALS ALL WEEK GREAT RATES - RIGHT PRODUCTS FOR THE RIGHT ...

from Craigslist https://washingtondc.craigslist.org/nva/hss/d/best-cleaning-move-out-clean/6759542154.html

Tuesday, November 27, 2018

Secure your Email and Network (Washington DC)

Don't loose your data and sensitive information because you think it can't happen to you. Almost every node connected to the Internet has been and will be scanned for vulnerabilities and holes in security and we all face the constant threat of social ...

from Craigslist https://washingtondc.craigslist.org/nva/cps/d/secure-your-email-and-network/6759376546.html

🏠☎️BEST CLEANING-MOVE OUT CLEAN-CARPET CL (VA DC MD/CYBER MONDAY SPECIALS!!)

Monday, November 26, 2018

🏠☎️BEST CLEANING-MOVE OUT CLEAN-CARPET CL (VA DC MD/CYBER MONDAY SPECIALS!!)

A BETTER CLEANING SERVICE - Let me do the cleaning ..... CYBER MONDAY SPECIALS! HOLIDAY SPECIALS - ALL WEEK!!! NOT A FRANCHISE ....!!! HOME - OFFICE - RETAIL HOLDAY SPECIALS ALL WEEK GREAT RATES - RIGHT PRODUCTS FOR THE RIGHT APPLICATION - GREA ...

from Craigslist https://washingtondc.craigslist.org/nva/hss/d/best-cleaning-move-out-clean/6758278285.html

🏠☎️BEST CLEANING-MOVE OUT CLEAN-CARPET CL (VA DC MD/CYBER MONDAY SPECIALS!!)

A BETTER CLEANING SERVICE - Let me do the cleaning ..... CYBER MONDAY SPECIALS! HOLIDAY SPECIAALS! NOT A FRANCHISE ....!!! HOME - OFFICE - RETAIL HOLDAY SPECIALS ALL WEEK GREAT RATES - RIGHT PRODUCTS FOR THE RIGHT APPLICATION - GREAT HOURS - EX ...

from Craigslist https://washingtondc.craigslist.org/nva/hss/d/best-cleaning-move-out-clean/6757896812.html

🏠☎️BEST CLEANING-MOVE OUT CLEAN-CARPET CL (VA DC MD/CYBER MONDAY SPECIALS!!)

Thursday, November 15, 2018

Power amplifier protection IC failing?

Hey guys!

I'm working on a Kustom quad 200HD guitar amplifier which has a problem. The power amp has a relay that disconnects the output when there is something wrong. The protection IC (a C1237HA) keeps triggering the relay when a signal is put through the amplifier. First thoughts were that the power amp IC (a STK404-140s) was broken and might be outputting DC. But after checking that the amplifier seems to be in working order.

My guesses would be that either the relay is busted or the protection IC is. But I can't seem to verify that theory so it must be something I'm not thinking of (isn't it always?).

KPM7200-7250-T_schematics.pdf <--- Schematic of the board in question

Thanks in advance!

Sunday, November 11, 2018

Edited Transcript of EMAN earnings conference call or presentation 8-Nov-18 2:00pm GMT

https://finance.yahoo.com/news/edited-transcript-eman-earnings-conference-211623091.html

Q3 2018 eMagin Corp Earnings Call

Bellevue Nov 9, 2018 (Thomson StreetEvents) -- Edited Transcript of eMagin Corp earnings conference call or presentation Thursday, November 8, 2018 at 2:00:00pm GMT

TEXT version of Transcript

Corporate Participants

* Andrew G. Sculley

eMagin Corporation - CEO, Director

* Jeffrey P. Lucas

eMagin Corporation - President & CFO & CAO

Conference Call Participants

* Eric Anthony Des Lauriers

Craig-Hallum Capital Group LLC, Research Division - Associate Analyst

* Kevin Darryl Dede

H.C. Wainwright & Co, LLC, Research Division - MD of Equity Research & Senior Technology Analyst

Presentation

--------------------------------------------------------------------------------

Operator [1]

-------------------------------------------------------------------------------

Good day, and welcome to the eMagin Corporation Third Quarter 2018 Earnings Conference Call. (Operator Instructions) Please note, this event is being recorded.

I would now like to turn the conference over to Mr. Jeffrey Lucas, President and Chief Financial Officer. Please go ahead.

--------------------------------------------------------------------------------

Jeffrey P. Lucas, eMagin Corporation - President & CFO & CAO [2]

-------------------------------------------------------------------------------

Thanks. Good morning, everyone. We're very glad to have you join us today for our Third Quarter 2018 Earnings Conference Call. During today's call, we may make forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on the company's current expectations, projections and beliefs, and are subject to a number of risks and uncertainties. Such statements include references to projections of future revenues, plans for product development and production, the company's ability to ramp up production, future contracts and agreements, product benefits, operations, future financing, liquidity and capital resources, as well as statements containing words like believe, expect, plan, target, et cetera. You should not place undue reliance on these forward-looking statements because they involve known and unknown risks, uncertainties and other factors that are in some cases beyond our control. Please refer to our earnings release for the third quarter of 2018 and the company's filings with the Securities and Exchange Commission for information concerning factors that could cause actual results to differ materially from those expressed or implied by such statements. We undertake no obligation to update or revise any forward-looking statements to reflect future events or circumstances.

With that, I would like to turn the call over to Andrew Sculley, our CEO.

-------------------------------------------------------------------------------

Andrew G. Sculley, eMagin Corporation - CEO, Director [3]

--------------------------------------------------------------------------------

Thanks, Jeff. Good morning, everyone, and thanks for joining us on our third quarter earnings call. We had another very strong quarter with solid demand and good operational execution, as well as continued progress on our strategic initiatives. On the demand side, we saw growth in both our military and commercial businesses, here in the U.S. and overseas. This quarter, 57% of our total revenue was generated from international markets compared to 50% that we typically have reported in prior quarters. We have also made a concerted effort to target new markets with our leading edge OLED technology. As a result, we continue to expand our customer base through aggressive pursuit of programs globally. For example, earlier this the year, we announced that we were participating in the DefExpo '18 show in India. We have already begun shipping displays for new customers into that market, and now have 5 new active clients there. We expect this to be a growing market for us, and hope to participate in some significant programs.

In the commercial market, we received a $780,000 order this quarter from an existing customer in the medical field to upgrade their current technology to our highest brightness XLT displays. We will be delivering displays onto this order for the next 12 months, and anticipate follow-on orders from this customer based on our discussions with them.

Also we have a new medical device customer from whom we just received our second order. They are developing a new device for noninvasive medical application using our displays. This customer expects to begin delivering these new systems in early 2019.

Revenues this quarter were $6.9 million, a 60% increase year-over-year from the third quarter of 2017. While this was primarily driven from a 51% increase in product revenues, we also had a nice lift in our contract revenue, which Jeff will discuss in more detail. A key takeaway from this quarter is that overall demand for our products as well as our R&D contract revenue was strong. We generated revenue from 66 customers this quarter, including 8 new customers and supplied product for 23 new programs in our existing customer base. We continue to leverage these demand trends to further drive profitable growth through increased production yields, which have improved throughout the year. As we mentioned last quarter and reiterated today, we have received $830,000 in U.S. Army awards to help us improve OLED production yields and expand capacity. This project is having an impact on our performance, as we delivered yield improvement in the quarter, which helped drive our product and consolidated gross margin to 35%.

From a strategic standpoint, we continue to have productive discussions with our consumer electronics partners, to advance our product and technology to meet the demands of mass production. We are currently upgrading our custom direct patterning production equipment and expect that these upgrades will significantly increase our product yields, lower our unit cost and extend the lifetime of the display. The tool will be operational in the second quarter of 2019. Although, the expected the time line for mainstream AR/VR has been pushed out a bit, we will continue to innovate and improve product quality as customer performance requirements for this market will remain extremely demanding, and it is imperative that we remain at the forefront.

One of our Tier 1 consumer electronics partners approved our microdisplay design this quarter. This design has been given to our foundry partner to manufacture the initial wafers. After we receive the wafers, we will directly pattern the OLED. Our consumer electronics partner needs very high brightness; very high resolution, which is needed in order to get a wide large field of view; and no screen door effect. We are the only company with the design and the OLED process capable of making this display. If all goes according to plan, we expect to deliver those prototypes for the consumer electronics company in the second quarter of 2019.

Finally, I wanted to discuss our management changes this quarter. As many of you are aware, we ran -- we run a pretty lean operation for a tech company that has and continues to develop cutting-edge technology. I believe that these changes will further increase our efficiency and enhance productivity. Amal Ghosh, recently promoted to Chief Technical Officer, will focus on technological change and development of our OLED microdisplays. With only a handful of engineers, we have been able to develop display technology that other companies, including the large ones, have not. Under his direction as CTO, he will continue to drive further advances as he has done so successfully in the past. For myself, I plan to continue to work on.

(technical difficulty)

driven by strengthening demand trends in the military and commercial markets. Ongoing yield improvements, as evidenced by our 4 highest volume microdisplay product types, exceeding their respective yield targets in the quarter, favorable margin trends year-over-year in solid bookings and reported backlog as of the end of the quarter.

Revenue for the quarter, and Andrew pointed out, was $6.9 million, up 60% from the same period of 2017.

Product revenue for the quarter was $6.2 million compared to $4 million in the third quarter of last year, a 51% year-over-year increase. The improvement in year-over-year product revenue was fairly broad-based among U.S. and foreign military programs as well as commercial customers. During the September quarter, 35% of our revenues were derived from exclusively commercial customers compared to 22% in the previous year's quarter.

We also benefited from higher averaging of prices, reflecting the continued shift in mix towards higher-priced products.

Contract revenues in third quarter were $819,000 compared to $266,000 in the prior year quarter. The increase is primarily due to a higher level of activity on our consumer development work along with expanded activity with a major aviation program in our U.S. government-funded yield improvement projects.

Regarding profitability, the reported gross margin for the third quarter was 35% compared to 7% in the prior year quarter. The favorable year-over-year comparison was due largely to the impact on last year's gross margin and production issues that have since been resolved. In 2018, third quarter gross margin also benefited from increased volumes and higher yields, resulting in a lower cost per displays as well as the contributions from several military and government-funded contracts.

On the product side, our product gross margin was 35%, up from 5% in the prior year period. This reflects a benefit of higher volumes and average selling price from buying with the leveraging our fixed production cost over a greater product sales compared to the prior year's lower volumes and production-related issues.

The higher gross margin also reflects the impact of our ongoing yield improvement initiatives.

In our contract business, we report a gross margin of 31%, an increase in 25% gross margin in the third quarter of 2017.

Last year's gross margin reflected additional cost incurred, as a multiyear Mantech project approached completion. This year gross margin also included the cost to complete adjustments on one of our design projects that have a smaller magnitude and not anticipated to reoccur in future quarters.

Now moving to our expenses in the quarter. Total operating expenses from the third quarter 2018, including research and development or R&D, were $3.6 million, up from $3.2 million in the third quarter of 2017. As a percentage of sales, operating expenses declined to 53% this quarter compared to 76% in the third quarter of last year. The increase in operating expenses was due to higher R&D expenses, which increased $319,000 year-over-year to $1.6 million. This reflected ongoing development of the company's proprietary direct patterning technology as well as costs associated with improving our manufacturing process fees for our brighter displays.

Selling, general and administrative expenses, or SG&A, of $2 million was flat with both a year-ago period and the second quarter of 2018. As a percent of revenue, SG&A declined to 30% of net revenue in the third quarter compared to 46% in the third quarter of last year. We reported an operating loss for the third quarter of $1.3 million compared to an operating loss of $3 million in the third quarter of last year.

Other income for the third quarter was $1.3 million, and was primarily due to the noncash income recognized for the decrease in the liability associated with the fair value of warrants outstanding.

Net income for the third quarter 2018, inclusive of $1.3 million for the warrant liability valuation was $63,000 compared to a net loss of $3 million or $0.09 per diluted share in the third quarter of 2017.

Non-GAAP adjusted EBITDA for the quarter was negative $600,000 compared to negative $2.4 million in the prior year period. Regarding our liquidity, at September 30, the company had cash and cash equivalents of $6.2 million, working capital of $11.5 million, no outstanding borrowings under our asset-based loan facility and borrowing availability under the facility of $4.9 million.

Total backlog at the end of September was $10.9 million, an increase of $1.3 million from the beginning of the year.

Now, I'd like to take just a few moments to discuss our military programs and operations. We have been involved in many of these military programs for a number of years, and believe that we have laid the foundation to generate substantial growth and profitability in the next few years.

In addition, this business has provided us the financial flexibility to advance our technology. During the quarter, we had several notable customer wins in the military end market. Highlighting a few of these: First, we received a $400,000 order in support of the Javelin missile program, Command Launch Unit, in the third quarter.

We anticipate receiving a follow-on order worth about $516, 000 in further support of the program.

These orders are in addition to those we received during the third quarter, for displays incorporate each of the javelin trainers.

Second, we received a follow-on contract for the Family of Weapon Sight – Individual program, following the delivery of displays for the limited-rate initial production phase of the program late last year. We are currently in the process of finalizing a follow-on contract for this program.

Third, in September, we signed a long-term agreement with a major French defense contractor to supply all their microdisplays for the weapons products and markets.

These orders are in addition to the noteworthy wins we received in the commercial market that Andrew mentioned, for the medical device field.

Turning to operations, our production team continues to make noteworthy improvements in performance, both in yield and throughput that will help us lower unit cost and increase capacity and gross margin. These lower costs also allow us to compete profitably in many markets where we have not previously had a presence.

Our business development team has been working very closely with our existing customers to expand our sales to them, while also exploring and pursuing a new commercial and industrial market for the sale of our products. The lower unit cost, I noted above, allow us to compete profitably in many markets where we previously have not had a presence, and we're pursuing these markets aggressively.

In conclusion, we strengthened our company on several fronts in the quarter. We continue to grow our market share with an expanded military, aviation and commercial presence. We are effectively executing on our yield improvement initiatives and are well positioned to achieve, if not surpass, yield targets in the fourth quarter for our 4 highest volume microdisplay product types. As a result of volume and yield improvements, gross margin and adjusted EBITDA trends will be more favorable on a year-over-year basis. And finally, the quarter reinforced our strong strategic position particularly in the military end market as the only manufacturer of OLED microdisplays in United States.

With that, we'll turn it back to the operator for questions.

Go to Transcript link above for Q & A

Wednesday, November 7, 2018

DONT PAY OUTRAGEOUS COMPUTER REPAIR FEES (Rockville)

Tired of going to Nerd Squad or other PC repair shops only to have them dump $200+ fees on you. I guarantee you won't pay more than $100 for mine. You will be formally quoted beforehand. I have been in the business of IT for over 12 years servicing b ...

from Craigslist https://washingtondc.craigslist.org/mld/cps/d/dont-pay-outrageous-computer/6743625882.html