UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 10-QSB/A
(Mark One)
(X) QUARTERLY REPORT UNDER SECTION 13 or 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended June 30, 1996
(_) TRANSITION REPORT UNDER SECTION 13 OR 15(d)
OF THE EXCHANGE ACT
For the transition period from _______ to ________
Commission file number 0-22904
PARKERVISION, INC.
(Name of small business issuer as specified in its charter)
Florida 59-2971472
(State or other jurisdiction of I.R.S. Employer ID No.
incorporation or organization)
8493 Baymeadows Way
Jacksonville, Florida 32256
(904) 737-1367
(Address of principal executive offices)
Check whether the issuer (1) filed all reports required to be filed by Section
13 or 15(d) of the Exchange Act during the past 12 months (or for such shorter
period that the registrant was required to file such reports), and (2) has been
subject to such filing requirements for the past 90 days. Yes X No __.
APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY
PROCEEDINGS DURING THE PRECEDING FIVE YEARS
Check whether the registrant filed all documents and reports required to be
filed by Section 12, 13 or 15(d) of the Exchange Act after the distribution of
securities under a plan confirmed by a court. Yes ___ No ___.
APPLICABLE ONLY TO CORPORATE ISSUERS
As of July 30, 1996, 10,022,754 shares of the Issuer's Common Stock, $.01 par
value, were outstanding.
<PAGE>
ITEM 6. Exhibits and Reports on Form 8-K
(a) Exhibits
Exhibit
Number Description
------- -------------------------------------------
10.1 Stock option agreement dated June 19, 1996
between the Registrant and Jeffrey Parker.
27.1 Financial Data Schedule (filed herewith).
(b) No reports on Form 8-K were filed during the quarter ended
June 30, 1996.
<PAGE>
SIGNATURES
In accordance with the requirements of the Securities Exchange Act of 1934, as
amended, the registrant has duly caused this amendment to the report on Form
10-QSB to be signed on its behalf by the undersigned, thereunto duly authorized.
ParkerVision, Inc.
Registrant
October 11, 1996 By: /s/ Cynthia Poehlman
--------------------
Cynthia Poehlman
Chief Accounting Officer
<PAGE>
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<ARTICLE> 5
<S> <C>
<PERIOD-TYPE> 3-mos
<FISCAL-YEAR-END> Dec-31-1996
<PERIOD-START> Jan-01-1996
<PERIOD-END> Jun-30-1996
<CASH> 1,165,613
<SECURITIES> 4,077,569
<RECEIVABLES> 2,245,703
<ALLOWANCES> 26,224
<INVENTORY> 1,831,405
<CURRENT-ASSETS> 9,636,664
<PP&E> 2,704,397
<DEPRECIATION> 1,694,320
<TOTAL-ASSETS> 18,858,549
<CURRENT-LIABILITIES> 1,108,384
<BONDS> 0
<COMMON> 100,227
0
0
<OTHER-SE> 17,643,276
<TOTAL-LIABILITY-AND-EQUITY> 18,858,549
<SALES> 4,781,661
<TOTAL-REVENUES> 4,781,661
<CGS> 3,089,579
<TOTAL-COSTS> 3,089,579
<OTHER-EXPENSES> 2,537,396
<LOSS-PROVISION> 8,874
<INTEREST-EXPENSE> 75,547
<INCOME-PRETAX> (678,421)
<INCOME-TAX> 0
<INCOME-CONTINUING> (678,421)
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (678,421)
<EPS-PRIMARY> (0.07)
<EPS-DILUTED> (0.07)
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