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Product category: Programmable Logic Devices
News Release from: MathStar
Edited by the Electronicstalk Editorial Team on 26 February 2007

PLD company announces annual results

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Programmable logic devices company sees revenues slide as R and D costs increase

MathStar has announced results for its fourth quarter ended 31st December 2006 For the three months ended 31st December 2006, revenues were US $7,000 compared with $79,000 for the same period last year

MathStar is a fabless semiconductor company specialising in high-performance programmable logic.

Costs of goods sold for the three months ending 31st December included a $92,000 non-cash charge for excess and obsolete inventory