TUNE » Topics » Research and Development

This excerpt taken from the TUNE 8-K filed Oct 16, 2009.

Research and Development

All research and development costs are expensed as incurred. Research and development costs consist of salaries, employee benefits, laboratory supplies, professional services, software licenses used in the Company’s engineering activities and facility costs.

These excerpts taken from the TUNE 10-K filed Feb 20, 2009.

Research and Development

Our research and development expenses consist primarily of personnel-related expenses, lab supplies, training and prototype materials. To date, we have expensed all of our research and development costs in the period incurred as our process for developing our products has been essentially completed concurrently with the establishment of technological feasibility. Research and development efforts currently are focused primarily on the development of our next generation of products.

The increase in research and development expenses in 2008 as compared to 2007 was primarily the result of an increase in personnel-related expenses resulting from an average headcount increase of approximately 5%, an increase in compensation expense incurred in conjunction with our regular annual base compensation adjustments, an increase in prototyping expenses for new silicon projects and also the timing of these expenditures and an increase in expenditures to design our silicon products, including license and maintenance fees for engineering software used to design our silicon products, partially offset by a decrease in incentive compensation charges related to the fiscal year 2008 Bonus Program as compared to the fiscal year 2007 Bonus Program, a decrease in stock-based compensation expense and a benefit of $0.3 million for the reversal of taxes

 

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and interest accrued in excess of amounts paid to the IRS upon completion of its examination of our payroll tax returns for 2003 through 2006. See Note 5, “Accrued Compensation,” to the Notes to Consolidated Financial Statements. Stock-based compensation expense related to research and development was $1.9 million and $2.4 million in 2008 and 2007, respectively.

The increase in research and development expenses in 2007 as compared to 2006 was primarily the result of an increase in personnel-related expenses resulting from an increase in average headcount of approximately 11%, charges related to the fiscal year 2007 Bonus Program discussed below and an increase in license and maintenance expenses for engineering software used to design our silicon products due to the increase in headcount, partially offset by a decrease in prototyping expenses for new silicon projects due to the timing of these expenditures. Stock-based compensation expense related to research and development was $2.4 million and $2.6 million in 2007 and 2006, respectively.

We expect research and development expenses to increase in 2009 between 10% and 15% as compared to 2008 due to the full year impact of expenses that ramped throughout 2008 and minor incremental spending in 2009, as we intend to increase the number of RF and technical personnel and increase spending on new product development.

We remain committed to significant research and development efforts to extend our technology leadership in the markets in which we operate. Currently, we hold 83 issued United States utility patents and have more than 25 additional United States patent applications pending. Our issued United States patents begin to expire in 2015. Our patents generally cover various aspects of our RF and analog technologies at the broad architectural, circuit and building-block levels.

Research and Development

FACE="Times New Roman" SIZE="2">Our research and development expenses consist primarily of personnel-related expenses, lab supplies, training and prototype materials. To date, we have expensed all of our research and development costs in the period
incurred as our process for developing our products has been essentially completed concurrently with the establishment of technological feasibility. Research and development efforts currently are focused primarily on the development of our next
generation of products.

The increase in research and development expenses in 2008 as compared to 2007 was primarily the result of an
increase in personnel-related expenses resulting from an average headcount increase of approximately 5%, an increase in compensation expense incurred in conjunction with our regular annual base compensation adjustments, an increase in prototyping
expenses for new silicon projects and also the timing of these expenditures and an increase in expenditures to design our silicon products, including license and maintenance fees for engineering software used to design our silicon products,
partially offset by a decrease in incentive compensation charges related to the fiscal year 2008 Bonus Program as compared to the fiscal year 2007 Bonus Program, a decrease in stock-based compensation expense and a benefit of $0.3 million for the
reversal of taxes

 


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and interest accrued in excess of amounts paid to the IRS upon completion of its examination of our payroll tax returns for 2003 through 2006. See Note 5,
“Accrued Compensation,” to the Notes to Consolidated Financial Statements. Stock-based compensation expense related to research and development was $1.9 million and $2.4 million in 2008 and 2007, respectively.

STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%">The increase in research and development expenses in 2007 as compared to 2006 was primarily the result of an increase in personnel-related expenses
resulting from an increase in average headcount of approximately 11%, charges related to the fiscal year 2007 Bonus Program discussed below and an increase in license and maintenance expenses for engineering software used to design our silicon
products due to the increase in headcount, partially offset by a decrease in prototyping expenses for new silicon projects due to the timing of these expenditures. Stock-based compensation expense related to research and development was $2.4 million
and $2.6 million in 2007 and 2006, respectively.

We expect research and development expenses to increase in 2009 between 10% and 15% as
compared to 2008 due to the full year impact of expenses that ramped throughout 2008 and minor incremental spending in 2009, as we intend to increase the number of RF and technical personnel and increase spending on new product development.

We remain committed to significant research and development efforts to extend our technology leadership in the markets in which we
operate. Currently, we hold 83 issued United States utility patents and have more than 25 additional United States patent applications pending. Our issued United States patents begin to expire in 2015. Our patents generally cover various aspects of
our RF and analog technologies at the broad architectural, circuit and building-block levels.

This excerpt taken from the TUNE 10-Q filed Oct 23, 2008.

Research and Development

Our research and development expenses consist primarily of personnel-related expenses, lab supplies, training and prototype materials. To date, we have expensed all of our research and development costs in the period incurred as our process for developing our products has been essentially completed concurrently with the establishment of technological feasibility. Research and development efforts currently are focused primarily on development of our next generation of products.

The increase in research and development expenses in the third quarter of 2008 as compared to the third quarter of 2007 was primarily the result of an increase in prototyping expenses for new silicon projects and also the timing of these expenditures and an increase in personnel-related expenses resulting from an average headcount increase of approximately 9%, partially offset by a decrease in incentive compensation charges related to the fiscal year 2008 Program as compared to a similar program in 2007. See Note 4, “Accrued Compensation,” to the Notes to Unaudited Consolidated Financial Statements.

The increase in research and development expenses in the first three quarters of 2008 as compared to the first three quarters of 2007 was primarily the result of an increase in personnel-related expenses resulting from an average headcount increase of approximately 5%, an increase in compensation expense incurred in conjunction with our regular annual base compensation adjustments and an increase in prototyping expenses for new silicon projects and also the timing of these expenditures, partially offset by a decrease in stock-based compensation expense, a decrease in incentive compensation charges related to the fiscal year 2008 Program as compared to a similar program in 2007 and a benefit of $0.3 million for taxes and interest accrued in excess of amounts paid to the IRS upon completion of its examination of our payroll tax returns for 2003 through 2006. See Note 4, “Accrued Compensation,” to the Notes to Unaudited Consolidated Financial Statements.

We expect research and development expenses to grow approximately 12% to 14% in 2008 compared to 2007, as we intend to increase the number of RF and technical personnel and increase spending on new product development.

 

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We remain committed to significant research and development efforts to extend our technology leadership in the markets in which we operate. Currently, we hold 80 issued United States utility patents and have 28 additional United States patent applications pending. Our issued United States patents begin to expire in 2015. Our patents generally cover various aspects of our RF and analog technologies at the broad architectural, circuit and building-block levels.

This excerpt taken from the TUNE 10-Q filed Jul 28, 2008.

Research and Development

Our research and development expenses consist primarily of personnel-related expenses, lab supplies, training and prototype materials. To date, we have expensed all of our research and development costs in the period incurred as our process for developing our products has been essentially completed concurrently with the establishment of technological feasibility. Research and development efforts currently are focused primarily on development of our next generation of products.

The increase in research and development expenses in the second quarter of 2008 as compared to the second quarter of 2007 was primarily the result of an increase in personnel-related expenses resulting from an average headcount increase of approximately 7% and an increase in compensation expense incurred in conjunction with our regular annual base compensation adjustments, partially offset by a decrease in prototyping expenses for new silicon projects and also the timing of these expenditures. See Note 4, “Accrued Compensation,” to the Notes to Unaudited Consolidated Financial Statements.

The increase in research and development expenses in the first half of 2008 as compared to the first half of 2007 was primarily the result of an increase in personnel-related expenses resulting from an average headcount increase of approximately 11%, an increase in compensation expense incurred in conjunction with our regular annual base compensation adjustments and an increase in license and maintenance fees associated with engineering software used to design our silicon products, partially offset by a decrease in stock-based compensation expense and a benefit of $0.3 million for taxes and interest accrued in excess of amounts paid to the IRS upon completion of its examination of our payroll tax returns for 2003 through 2006. See Note 4, “Accrued Compensation,” to the Notes to Unaudited Consolidated Financial Statements.

        We expect research and development expenses to grow approximately 10% to 14% in 2008 compared to 2007, as we intend to increase the number of RF and technical personnel and increase spending on new product development.

We remain committed to significant research and development efforts to extend our technology leadership in the markets in which we operate. Currently, we hold 80 issued United States utility patents and have 28 additional United States patent applications pending. Our issued United States patents begin to expire in 2015. Our patents generally cover various aspects of our RF and analog technologies at the broad architectural, circuit and building-block levels.

 

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This excerpt taken from the TUNE 10-Q filed Apr 30, 2008.

Research and Development

Our research and development expenses consist primarily of personnel-related expenses, lab supplies, training and prototype materials. To date, we have expensed all of our research and development costs in the period incurred as our process for developing our products has been essentially completed concurrently with the establishment of technological feasibility. Research and development efforts currently are focused primarily on development of our next generation of RF products.

The increase in research and development expenses in the first quarter of 2008 as compared to the first quarter of 2007 was primarily the result of an increase in personnel-related expenses resulting from an average headcount increase of approximately 3% and an increase in compensation expense incurred in conjunction with our regular annual base compensation adjustments, an increase in prototyping expenses for new silicon projects and also the timing of these expenditures, partially offset by a decrease in stock-based compensation expense and a benefit of $0.3 million for taxes and interest accrued in excess of amounts paid to the IRS upon completion of its examination of our payroll tax returns for 2003 through 2006. See Note 3, “Accrued Compensation,” to the Notes to Unaudited Consolidated Financial Statements. We expect research and development expenses to grow approximately 9% to 13% in 2008 compared to 2007, as we intend to increase the number of RF and technical personnel and increase spending on new product development.

We remain committed to significant research and development efforts to extend our technology leadership in the markets in which we operate. Currently, we hold 77 issued United States utility patents and have 31 additional United States patent applications pending. Our issued United States patents begin to expire in 2015. Our patents generally cover various aspects of our RF and analog technologies at the broad architectural, circuit and building-block levels.

These excerpts taken from the TUNE 10-K filed Feb 28, 2008.

Research and Development

Our research and development expenses consist primarily of personnel-related expenses, lab supplies, training and prototype materials. To date, we have expensed all of our research and development costs in the period incurred as our process for developing our products has been essentially completed concurrent with the establishment of technological feasibility. Research and development efforts currently are focused primarily on development of our next generation of RF products.

 

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The increase in research and development expenses in 2007 as compared to 2006 was primarily the result of an increase in personnel-related expenses resulting from an increase in average headcount of approximately 11%, charges related to the fiscal year 2007 incentive compensation program discussed below and an increase in license and maintenance expenses for engineering software used to design our products due to the increase in headcount, partially offset by a decrease in prototyping expenses for new silicon projects due to the timing of these expenditures. Stock-based compensation expense related to research and development was $2.4 million and $2.6 million in 2007 and 2006, respectively. We expect research and development expenses to increase in 2008 at a higher rate as compared to the increase in 2007, as we intend to increase the number of RF and technical personnel and increase spending on new product development.

The increase in research and development expenses in 2006 as compared to 2005 was primarily the result of an increase in personnel-related expenses resulting from an increase in average headcount of approximately 17% and stock-based compensation expense, an increase in prototyping expenses for new silicon projects and also due to the timing of these expenditures and an increase in facilities and equipment expenses, partially offset by a decrease in depreciation expense. Stock-based compensation expense related to research and development was $2.6 million and $0.5 million in 2006 and 2005, respectively.

We remain committed to significant research and development efforts to extend our technology leadership in the markets in which we operate. Currently, we hold 76 issued United States utility patents and have more than 30 additional United States patent applications pending. Our issued United States patents begin to expire in 2015. Our patents generally cover various aspects of our RF and analog technologies at the broad architectural, circuit and building-block levels.

Research and Development

FACE="Times New Roman" SIZE="2">Our research and development expenses consist primarily of personnel-related expenses, lab supplies, training and prototype materials. To date, we have expensed all of our research and development costs in the period
incurred as our process for developing our products has been essentially completed concurrent with the establishment of technological feasibility. Research and development efforts currently are focused primarily on development of our next generation
of RF products.

 


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The increase in research and development expenses in 2007 as compared to 2006 was primarily the result of
an increase in personnel-related expenses resulting from an increase in average headcount of approximately 11%, charges related to the fiscal year 2007 incentive compensation program discussed below and an increase in license and maintenance
expenses for engineering software used to design our products due to the increase in headcount, partially offset by a decrease in prototyping expenses for new silicon projects due to the timing of these expenditures. Stock-based compensation expense
related to research and development was $2.4 million and $2.6 million in 2007 and 2006, respectively. We expect research and development expenses to increase in 2008 at a higher rate as compared to the increase in 2007, as we intend to increase the
number of RF and technical personnel and increase spending on new product development.

The increase in research and development expenses
in 2006 as compared to 2005 was primarily the result of an increase in personnel-related expenses resulting from an increase in average headcount of approximately 17% and stock-based compensation expense, an increase in prototyping expenses for new
silicon projects and also due to the timing of these expenditures and an increase in facilities and equipment expenses, partially offset by a decrease in depreciation expense. Stock-based compensation expense related to research and development was
$2.6 million and $0.5 million in 2006 and 2005, respectively.

We remain committed to significant research and development efforts to
extend our technology leadership in the markets in which we operate. Currently, we hold 76 issued United States utility patents and have more than 30 additional United States patent applications pending. Our issued United States patents begin to
expire in 2015. Our patents generally cover various aspects of our RF and analog technologies at the broad architectural, circuit and building-block levels.

SIZE="2">Selling, General and Administrative

Selling, general and administrative expenses include our personnel-related expenses for
administrative, finance, human resources, sales and marketing, information technology and legal departments, and include expenditures related to professional fees for accounting and legal, public relations and financial advisors. These expenses also
include promotional and marketing costs, sales commissions and provisions for doubtful accounts.

The increase in selling, general and
administrative expenses in 2007 as compared to 2006 was due to an increase in personnel-related expenses resulting primarily from an increase in compensation incurred in conjunction with our regular annual compensation adjustments and to a lesser
extent, charges related to the fiscal year 2007 incentive compensation program discussed below. Stock-based compensation expense related to selling, general and administrative expense was $3.6 million and $3.2 million in 2007 and 2006, respectively.
The results in 2007 included charges of $3.1 million related to professional fees incurred in connection with the restatement of our financial statements filed in January 2007, the related ongoing derivative litigation and the related SEC
investigation. See Part I, Item 3. “Legal Proceedings”. We are currently unable to estimate selling, general and administrative expenses in 2008 due to the difficulty predicting potential future professional fees related to our
ongoing legal proceedings.

The increase in selling, general and administrative expenses in 2006 as compared to 2005 was primarily due to
an increase in stock-based compensation expense, accounting and legal fees related to the Audit Committee’s investigation and personnel-related expenses. Stock-based compensation expense related to selling, general and administrative expense
was $3.2 million and $0.2 million in 2006 and 2005, respectively. The results in 2006 include charges of $3.3 million related to professional fees supporting the Audit Committee’s investigation into our stock option grant practices. The results
in 2005 include an approximate $0.5 million reimbursement of legal expenses from our insurance carriers related to our securities and derivative litigation that was settled in 2005.

STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%">We have incurred substantial expenses for legal, accounting, tax and other professional services in connection with the Audit Committee’s
investigation, the preparation of our restated financial statements and related regulatory matters. In addition, we have been obligated to indemnify and advance legal expenses to certain current and former officers and directors pursuant to the
requirements of Delaware law and our

 


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indemnification agreements with such current and former officers and directors for legal proceedings related to these matters. We have incurred expenses of
approximately $6.4 million through December 31, 2007 related to these matters. We expect to continue to incur substantial expenses in connection with these matters. We recorded a charge of $0.2 million in the fourth quarter of 2007 in
connection with a tender offer with eligible employees, as defined in the tender offer documents, to amend certain stock options to purchase shares of our common stock to limit the potential adverse personal tax consequences that may apply to those
stock options under Section 409A of the Internal Revenue Code. We expect to record charges of up to approximately $0.3 million for potential future cash payments as a result of this tender offer. See Note 11, “Stockholders’
Equity,” to the Notes to Consolidated Financial Statements.

This excerpt taken from the TUNE 10-Q filed Oct 25, 2007.

Research and Development

Our research and development expenses consist primarily of personnel-related expenses, lab supplies, training and prototype materials. To date, we have expensed all of our research and development costs in the period incurred as our process for developing our products has been essentially completed concurrently with the establishment of technological feasibility. Research and development efforts currently are focused primarily on development of our next generation of RF products.

The increase in research and development expenses in the third quarter of 2007 as compared to the third quarter of 2006 was primarily the result of an increase in personnel-related expenses resulting from increased average headcount of approximately 8% and to a lesser extent, charges related to the fiscal year 2007 annual incentive compensation program discussed below. Stock-based compensation expense related to research and development was $0.7 million in both the third quarter of 2007 and 2006.

The increase in research and development expenses in the first three quarters of 2007 as compared to the first three quarters of 2006 was primarily the result of an increase in personnel-related expenses resulting from increased average headcount of approximately 11% and to a lesser extent, charges related to the fiscal year 2007 annual incentive compensation program discussed below, increased license and maintenance expenses for engineering software used to design our products due to the increase in headcount and an unfavorable change in the Euro to United States Dollar exchange rate affecting our Euro-denominated expenses. Stock-based compensation expense related to research and development was approximately $1.9 million in both the first three quarters of 2007 and 2006.

We expect research and development expenses to grow approximately 14% to 18% in 2007 as compared to 2006, as we intend to increase the number of RF and technical personnel and increase spending on new product development.

We remain committed to significant research and development efforts to extend our technology leadership in the markets in which we operate. Currently, we hold 70 issued United States utility patents and have 36 additional United States patent applications pending. Our issued United States patents begin to expire in 2015. Our patents generally cover various aspects of our RF and analog technologies at the broad architectural, circuit and building-block levels.

This excerpt taken from the TUNE 10-Q filed Jul 26, 2007.

Research and Development

Our research and development expenses consist primarily of personnel-related expenses, lab supplies, training and prototype materials. To date, we have expensed all of our research and development costs in the period incurred as our process for developing our products has been essentially completed concurrently with the establishment of technological feasibility. Research and development efforts currently are focused primarily on development of our next generation of RF products.

The increase in research and development expenses in the second quarter of 2007 as compared to the second quarter of 2006 was primarily the result of an increase in personnel-related expenses resulting from increased average headcount of approximately 14% and charges related to the fiscal year 2007 annual incentive compensation program discussed below, partially offset by a decrease in prototyping expenses for new silicon projects due to the timing of these expenditures. Stock-based compensation expense related to research and development was approximately $0.6 million and $0.6 million in the second quarter of 2007 and 2006, respectively. We expect research and development expenses to grow approximately 15% to 18% in 2007 as compared to 2006, as we intend to increase the number of RF and technical personnel and increase spending on new product development.

The increase in research and development expenses in the first half of 2007 as compared to the first half of 2006 was primarily the result of an increase in personnel-related expenses resulting from increased average headcount of approximately 17% and charges related to the fiscal year 2007 annual incentive compensation program discussed below. Stock-based compensation expense related to research and development was approximately $1.2 million and $1.2 million in the first half of 2007 and 2006, respectively.

We remain committed to significant research and development efforts to extend our technology leadership in the markets in which we operate. Currently, we hold 71 issued United States utility patents and have 35 additional United States patent applications pending. Our issued United States patents begin to expire in 2015. Our patents generally cover various aspects of our RF and analog technologies at the broad architectural, circuit and building-block levels.

This excerpt taken from the TUNE 10-Q filed Apr 27, 2007.

Research and Development

Our research and development expenses consist primarily of personnel-related expenses, lab supplies, training and prototype materials. To date, we have expensed all of our research and development costs in the period incurred as our process for developing our products has been essentially completed concurrently with the establishment of technological feasibility. Research and development efforts currently are focused primarily on development of our next generation of RF products.

The increase in research and development expenses in the first quarter of 2007 as compared to the first quarter of 2006 was primarily the result of an increase in personnel-related expenses resulting from an average headcount increase of approximately 19%, an increase in stock-based compensation expense and an increase in prototyping expenses for new silicon projects and also due to the timing of these expenditures. In the first quarter of 2007 and 2006, stock-based compensation expense related to research and development was approximately $0.7 million and $0.6 million, respectively. We expect research and development expenses to grow approximately 13% to 18% in 2007, as we intend to increase the number of RF and technical personnel and increase spending on new product development.

 

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We remain committed to significant research and development efforts to extend our technology leadership in the markets in which we operate. Currently, we hold 70 issued United States utility patents and have 36 additional United States patent applications pending. Our issued United States patents begin to expire in 2015. Our patents generally cover various aspects of our RF and analog technologies at the broad architectural, circuit and building-block levels.

This excerpt taken from the TUNE 10-K filed Mar 15, 2007.

Research and Development

Our research and development expenses consist primarily of personnel-related expenses, lab supplies, training and prototype materials. To date, we have expensed all of our research and development costs in the period incurred as our process for developing our products has been essentially completed concurrently with the establishment of technological feasibility. Research and development efforts currently are focused primarily on development of our next generation of RF products.

The increase in research and development expenses in 2006 as compared to 2005 was primarily the result of an increase in personnel-related expenses resulting from average headcount increase of approximately 17% and

 

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stock-based compensation expense, an increase in prototyping expenses for new silicon projects and also due to the timing of these expenditures and an increase in facilities and equipment expenses, partially offset by a decrease in depreciation expense. Stock-based compensation expense related to research and development was approximately $2.6 million and $0.5 million in 2006 and 2005, respectively. We expect research and development expenses to increase in 2007, although at a reduced rate as compared to the increase in 2006, as we intend to increase the number of RF and technical personnel and increase spending on new product development.

In 2005, the increase in research and development expenses was primarily the result of an increase in personnel-related expenses resulting from increased average headcount and an increase in development projects and related prototyping expenses for new silicon projects, partially offset by a decrease in depreciation expense. Stock option compensation related to research and development was $0.5 million and $1.0 million in 2005 and 2004, respectively.

We remain committed to significant research and development efforts to extend our technology leadership in the markets in which we operate. Currently, we hold 70 issued United States utility patents and have more than 35 additional United States patent applications pending. Our issued United States patents begin to expire in 2015. Our patents generally cover various aspects of our RF and analog technologies at the broad architectural, circuit and building-block levels.

This excerpt taken from the TUNE 10-K filed Jan 22, 2007.

Research and Development

Our research and development expenses consist primarily of personnel-related expenses, lab supplies, training and prototype materials. To date, we have expensed all of our research and development costs in the period incurred as our process for developing our products has been essentially completed concurrently with the establishment of technological feasibility. Research and development efforts currently are focused primarily on development of our next generation of RF products.

In 2005, the increase in research and development expenses is primarily the result of an increase in personnel-related expenses resulting from increased average headcount and an increase in development projects and related prototyping expenses for new silicon projects, partially offset by a decrease in depreciation expense. Stock option compensation related to research and development was $0.5 million and $1.0 million in 2005 and 2004, respectively. We expect research and development expenses to increase in 2006 as we intend to increase the number of RF and communications systems technical personnel.

In 2004, the decrease in research and development expenses is primarily the result of the closure of our wireless design center in December 2003. Stock option compensation related to research and development was $1.0 million and $2.5 million in 2004 and 2003, respectively.

We remain committed to significant research and development efforts to extend our technology leadership in the markets in which we operate. Currently, we hold 59 issued United States utility patents and have more than 37 additional United States patent applications pending. Our issued United States patents begin to expire in 2015. Our patents cover various aspects of our RF and analog technologies at the broad architectural, circuit and building-block levels.

This excerpt taken from the TUNE 10-Q filed Jan 22, 2007.

Research and Development

Our research and development expenses consist primarily of personnel-related expenses, lab supplies, training and prototype materials. To date, we have expensed all of our research and development costs in the period incurred as our process for developing our products has been essentially completed concurrently with the establishment of technological feasibility. Research and development efforts currently are focused primarily on development of our next generation of RF products.

The increase in research and development expenses in the first quarter of 2006 as compared to the first quarter of 2005 is primarily the result of an increase in personnel-related expenses resulting from increased average headcount and stock-based compensation expense, partially offset by a decrease in prototyping expenses for new silicon projects due to the timing of expenditures and a decrease in depreciation expense. Stock-based compensation expense related to research and development was approximately $0.6 million and $0.1 million in the first quarter of 2006 and 2005, respectively. We expect research and development expenses to increase in 2006 as we intend to increase the number of RF IC and systems technical personnel.

We remain committed to significant research and development efforts to extend our technology leadership in the markets in which we operate. Currently, we hold 59 issued United States utility patents and have more than 37 additional United States patent applications pending. Our issued United States patents begin to expire in 2015. Our patents cover various aspects of our RF and analog technologies at the broad architectural, circuit and building-block levels.

This excerpt taken from the TUNE 10-Q filed Jan 22, 2007.

Research and Development

Our research and development expenses consist primarily of personnel-related expenses, lab supplies, training and prototype materials. To date, we have expensed all of our research and development costs in the period incurred as our process for developing our products has been essentially completed concurrently with the establishment of technological feasibility. Research and development efforts currently are focused primarily on development of our next generation of RF products.

 

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The increase in research and development expenses in the third quarter of 2006 as compared to the third quarter of 2005 is primarily the result of an increase in personnel-related expenses resulting from increased average headcount and stock-based compensation expense, an increase in prototyping expenses for new silicon projects due to the timing of these expenditures and an increase in facilities and equipment expenses, partially offset by a decrease in depreciation expense. Stock-based compensation expense related to research and development was approximately $0.7 million and $0.2 million in the third quarter of 2006 and 2005, respectively. We expect research and development expenses to increase in 2006 as we intend to increase the number of RF IC and systems technical personnel.

The increase in research and development expenses in the first three quarters of 2006 as compared to the first three quarters of 2005 is primarily the result of an increase in personnel-related expenses resulting from increased average headcount and stock-based compensation expense, an increase in prototyping expenses for new silicon projects due to the timing of these expenditures and an increase in facilities and equipment expenses, partially offset by a decrease in depreciation expense. Stock-based compensation expense related to research and development was approximately $1.9 million and $0.4 million in the first three quarters of 2006 and 2005, respectively.

We remain committed to significant research and development efforts to extend our technology leadership in the markets in which we operate. Currently, we hold 67 issued United States utility patents and have more than 40 additional United States patent applications pending. Our issued United States patents begin to expire in 2015. Our patents cover various aspects of our RF and analog technologies at the broad architectural, circuit and building-block levels.

This excerpt taken from the TUNE 10-Q filed Jan 22, 2007.

Research and Development

Our research and development expenses consist primarily of personnel-related expenses, lab supplies, training and prototype materials. To date, we have expensed all of our research and development costs in the period incurred as our process for developing our products has been essentially completed concurrently with the establishment of technological feasibility. Research and development efforts currently are focused primarily on development of our next generation of RF products.

 

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The increase in research and development expenses in the second quarter of 2006 as compared to the second quarter of 2005 is primarily the result of an increase in personnel-related expenses resulting from increased average headcount and stock-based compensation expense and an increase in prototyping expenses for new silicon projects due to the timing of these expenditures, partially offset by a decrease in depreciation expense. Stock-based compensation expense related to research and development was approximately $0.6 million and $0.1 million in the second quarter of 2006 and 2005, respectively. We expect research and development expenses to increase in 2006 as we intend to increase the number of RF IC and systems technical personnel.

The increase in research and development expenses in the first half of 2006 as compared to the first half of 2005 is primarily the result of an increase in personnel-related expenses resulting from increased average headcount and stock-based compensation expense and an increase in prototyping expenses for new silicon projects due to the timing of these expenditures, partially offset by a decrease in depreciation expense. Stock-based compensation expense related to research and development was approximately $1.2 million and $0.2 million in the first half of 2006 and 2005, respectively.

We remain committed to significant research and development efforts to extend our technology leadership in the markets in which we operate. Currently, we hold 67 issued United States utility patents and have more than 40 additional United States patent applications pending. Our issued United States patents begin to expire in 2015. Our patents cover various aspects of our RF and analog technologies at the broad architectural, circuit and building-block levels.

This excerpt taken from the TUNE 10-Q filed Apr 28, 2006.

Research and Development

Our research and development expenses consist primarily of personnel-related expenses, lab supplies, training and prototype materials. To date, we have expensed all of our research and development costs in the period incurred as our process for developing our products has been essentially completed concurrently with the establishment of technological feasibility. Research and development efforts currently are focused primarily on development of our next generation of RF products.

The increase in research and development expenses in the first quarter of 2006 as compared to the first quarter of 2005 is primarily the result of an increase in personnel-related expenses resulting from increased average headcount and stock-based compensation expense, partially offset by a decrease in prototyping expenses for new silicon projects due to the timing of expenditures and a decrease in depreciation expense. Stock-based compensation expense related to research and development was approximately $0.5 million in the first quarter of 2006 and insignificant in the first quarter of 2005. We expect research and development expenses to increase in 2006 as we intend to increase the number of RF IC and systems technical personnel.

We remain committed to significant research and development efforts to extend our technology leadership in the markets in which we operate. Currently, we hold 59 issued United States utility patents and have more than 37 additional United States patent applications pending. Our issued United States patents begin to expire in 2015. Our patents cover various aspects of our RF and analog technologies at the broad architectural, circuit and building-block levels.

This excerpt taken from the TUNE 10-K filed Mar 3, 2006.

Research and Development

 

Our research and development expenses consist primarily of personnel-related expenses, lab supplies, training and prototype materials. To date, we have expensed all of our research and development costs in the period incurred as our process for developing our products has been essentially completed concurrently with the establishment of technological feasibility. Research and development efforts currently are focused primarily on development of our next generation of RF products.

 

In 2005, the increase in research and development expenses is primarily the result of an increase in personnel-related expenses resulting from increased average headcount and an increase in development projects

 

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Index to Financial Statements

and related prototyping expenses for new silicon projects, partially offset by a decrease in depreciation expense. Stock option compensation related to research and development was $0.1 million and $0.7 million in 2005 and 2004, respectively. We expect research and development expenses to increase in 2006 as we intend to increase the number of RF and communications systems technical personnel.

 

In 2004, the decrease in research and development expenses is primarily the result of the closure of our wireless design center in December 2003. Stock option compensation related to research and development was $0.7 million and $2.4 million in 2004 and 2003, respectively.

 

We remain committed to significant research and development efforts to extend our technology leadership in the markets in which we operate. Currently, we hold 59 issued United States utility patents and have more than 37 additional United States patent applications pending. Our issued United States patents begin to expire in 2015. Our patents cover various aspects of our RF and analog technologies at the broad architectural, circuit and building-block levels.

 

This excerpt taken from the TUNE 10-Q filed Oct 27, 2005.

Research and Development

 

Our research and development expenses consist primarily of personnel-related expenses, lab supplies, training and prototype materials. We expense all of our research and development costs in the period incurred as our current process for developing our products is essentially completed concurrently with the establishment of technological feasibility. Research and development efforts currently are focused primarily on development of our next generation of RF products.

 

Research and development expenses, including non-cash stock compensation, for the third quarter of 2005 and 2004 were $3.9 million, or 24% of net revenue, and $3.8 million, or 24% of net revenue, respectively. Research and development expenses, including non-cash stock compensation, for the first three quarters of 2005 and 2004 were $11.8 million, or 28% of net revenue, and $11.4 million, or 28% of net revenue, respectively. The increase in research and development expenses for the third quarter of 2005 when compared to the third quarter of 2004 is due primarily to an increase in personnel-related expenses resulting from increased average headcount. The increase in research and development expenses for the first three quarters of 2005 when compared to the first three quarters of 2004 is due primarily to an increase in personnel-related expenses resulting from increased average headcount and an increase in development projects and related prototyping expenses for new silicon projects partially offset by a decrease in depreciation expense. Stock option compensation related to research and development was $0.1 million for the third quarter of 2005 and $0.2 million for the third quarter of 2004. Stock option compensation related to research and development was $0.1 million for the first three quarters of 2005 and $0.5 million for the first three quarters of 2004.

 

This excerpt taken from the TUNE 10-Q filed Aug 1, 2005.

Research and Development

 

Our research and development expenses consist primarily of personnel-related expenses, lab supplies, training and prototype materials. We expense all of our research and development costs in the period incurred as our current process for developing our products is essentially completed concurrently with the establishment of technological feasibility. Research and development efforts currently are focused primarily on development of our next generation of RF products.

 

Research and development expenses, including non-cash stock compensation, for the second quarter of 2005 and 2004 were $3.9 million, or 29% of net revenue, and $4.0 million, or 29% of net revenue, respectively. Research and development expenses, including non-cash stock compensation, for the first half of 2005 and 2004 were $7.9 million, or 31% of net revenue, and $7.5 million, or 31% of net revenue, respectively. The decrease in research and development expenses for the second quarter of 2005 when compared to the second quarter of 2004 is due primarily to stock option compensation. The increase in research and development expenses for the first half of 2005 when compared to the first half of 2004 is due primarily to an increase in personnel-related expenses and an increase in development projects and related prototyping expenses for new silicon projects. Stock option compensation related to research and development was insignificant for the second quarter of 2005 and $0.2 million for the second quarter of 2004. Stock option compensation related to research and development was insignificant for the first half of 2005 and $0.4 million for the first half of 2004.

 

This excerpt taken from the TUNE 10-Q filed May 2, 2005.

Research and Development

 

Our research and development expenses consist primarily of personnel-related expenses, lab supplies, training and prototype materials. We expense all of our research and development costs in the period incurred as our current process for developing our products is essentially completed concurrently with the establishment of technological feasibility. Research and development efforts currently are focused primarily on development of our next generation of RF products.

 

Research and development expenses, including non-cash stock compensation, for the first quarter of 2005 and 2004 were $4.0 million, or 33% of net revenue, and $3.6 million, or 32% of net revenue, respectively. The increase in research and development expenses is due primarily to an increase in development projects and related prototyping expenses for new silicon products. Stock option compensation related to research and development was insignificant for the first quarter of 2005 and $0.2 million for the first quarter of 2004.

 

This excerpt taken from the TUNE 10-K filed Mar 11, 2005.

Research and Development

 

Our research and development expenses consist primarily of personnel-related expenses, lab supplies, training and prototype materials. We expense all of our research and development costs in the period incurred as our current process for developing our products is essentially completed concurrently with the establishment of technological feasibility. Research and development efforts currently are focused primarily on development of our next generation of RF products.

 

2004 Compared to 2003

 

Research and development expenses during 2004, including stock compensation, were 27% of net revenue, compared to 52% of net revenue in 2003. This decrease is primarily the result of the closure of our wireless design center in December 2003. Stock option compensation related to research and development was $0.7 million and $2.4 million in 2004 and 2003, respectively.

 

2003 Compared to 2002

 

Research and development expenses during 2003, including stock compensation, were 52% of net revenue, compared to 72% of net revenue in 2002. Stock option compensation related to research and development was $2.4 million and $10.5 million in 2003 and 2002, respectively. This decrease is a result of reducing our workforce by 79 employees, fewer on-going research and development projects and the sale of MHDC.

 

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