OTC Bulletin Board
S & P Company Insight for CYBRA CORPORATION |
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Profile
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| Business Summary: CYBRA Corporation operates as a software developer, publisher, and systems integrator in the IBM midrange market in the United States and internationally. It offers MarkMagic, an online bar code software product for IBM System i computers. | | | Address 1 Executive Blvd
Yonkers
, NY 10701-6822
Phone: 914-963-6600
Fax: 914-963-6699
Website: http://www.cybra.com
| | Auditor |
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KBL, LLP
New York | | Transfer Agent |
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Island Stock Transfer
| Employees: 11 ShareHolders: 69 | Founded: 1985 Domicile: New York | | | |
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Background
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| CYBRA Corporation operates as a software developer, publisher, and systems integrator in the IBM midrange market in the United States and internationally. It offers MarkMagic, an online bar code software product for IBM System i computers. MarkMagic enables businesses to design and print various types of documents, such as bar code labels, radio frequency identification (RFID) tags, e-forms, and other media, using live data with little or no programming necessary. The company also offers EdgeMagic, an integrated RFID control solution for IBM System i customers. EdgeMagic, which is also deployable on other platforms, is designed to manage edge readers and analog control devices; and commission, read, filter, and verify RFID tags to comply with electronic product code compliance mandates. EdgeMagic is also used for asset tracking applications, as well as to integrate with ERP and warehouse management application packages. It also sells Auto-ID Magic family of products, which include MarkMagic and EdgeMagic packages primarily through application software vendors. CYBRA Corporation has a strategic partnership with Globe Tracker, Inc. to deliver integrated worldwide tracking solutions for global trading partners. CYBRA Corporation was founded in 1985 and is based in Yonkers, New York. | | History: INCORPORATED in New York July 27, 1987, as Sybra Corp.; name changed to CYBRA Corp. Aug. 12, 1997. The company was founded in 1985. | | | | | | | | | |
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Management
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Management
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| Officers | Position |
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| Harold Brand | Chairman, President, Chief Financial Officer, Chief Accounting Officer & Chief Executive Officer | | Charles M. Roskow | Chief Operating Officer | | Robert J. Roskow | Exec VP |
| | Directors |
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| Harold Brand | | Sheldon Reich | | Robert J. Roskow | | Matt Rothman | | Jonathan Rubin | | | |
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Annual Report
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| Annual Report |
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| | | Income Statement | |
| 2008 | 2007 |
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| REVENUES |
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| | Products | 792,002 | 1,175,162 | | Services | 605,148 | 530,580 | | Total Revenues | 1,397,150 | 1,705,742 | | EXPENSES |
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| | Royalties and Consulting | (74,770) | (98,724) | | Equipment Purchases | (257,414) | (614,183) | | General and Administrative Expenses | (2,021,530) | (2,267,922) | | Research & Development Costs | (215,283) | (171,590) | | Interest Expense, 2008 Includes 301,847 | (756,363) | (610,219) | | Interest Income | 4,058 | 26,648 | | Earnings before Taxes | (1,924,152) | (2,030,248) | | TAXES AND OTHER EXPENSES |
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| | Provision for Income Tax | (1,260,397) | 619,896 | | Net Income (Loss) | (3,184,549) | (1,410,352) | | SUPPLEMENTARY INFO |
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| | Gross Profit/loss | 1,064,966.00 | 992,835.00 | | Operating Income (Loss) | (1,171,847.00) | (1,446,677.00) | | Basic Eps-continuing Operations | (0.25) | (0.12) |
| | | | Balance Sheet | |
| 2008 | 2007 |
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| CURRENT ASSETS |
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| | Cash and Cash Equivalents | 70,591 | 787,156 | | Accounts Receivables | 331,021 | 352,647 | | Loans Receivable | - | 6,000 | | Deferred Income Taxes | - | 104,093 | | Total Current Assets | 401,612 | 1,249,896 | | NON CURRENT ASSETS |
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| | Property and Equipment At Cost | 78,831 | 98,495 | | Deferred Income Taxes | - | 1,156,304 | | Software Development, At Cost | 553,071 | 318,333 | | Deferred Finance Costs | 113,010 | 414,857 | | Security Deposits and Other Assets | 18,711 | 11,685 | | Total Assets | 1,165,235 | 3,249,570 | | CURRENT LIABILITIES |
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| | Accounts Payable and Accrued Expenses | 437,088 | 550,397 | | Accrued Interest | 537,290 | 336,169 | | Convertible Debentures | 2,402,791 | - | | Deferred Revenue | 346,416 | 284,990 | | Accrued Liquidated Damages-registration Rights Agreement | 110,000 | 110,000 | | Total Current Liabilities | 3,833,585 | 1,281,556 | | NON CURRENT LIABILITIES |
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| | Convertible Debentures | - | 2,160,800 | | SHAREHOLDERS' EQUITY |
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| | Common Stock-par Value | 13,512 | 12,611 | | Additional Paid in Capital | 2,752,621 | 2,044,537 | | Accumulated Deficit | (5,434,483) | (2,249,934) | | Total Shareholders Equity | (2,668,350) | (192,786) | | Total Liabilities & Shareholders Equity | 1,165,235 | 3,249,570 |
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Interim Report
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| Interim Report
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| | | Data Not Available | | | | | | | | | |
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Pro Forma Report
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| Pro Forma Report
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| | | Data Not Available | | | | | | | | | |
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Quarterly Report
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| Quarterly Report Information
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| | | Quarterly Revenue, US$ |
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| Year | Quarter | Revenue | | 2009 |
1 | 420,000 | | 2009 |
2 | 310,000 | | 2008 |
1 | 280,000 | | 2008 |
2 | 350,000 | | 2008 |
3 | 330,000 | | 2008 |
4 | 440,000 | | 2008 |
Full Year
| 1,400,000 | | 2007 |
1 | 370,000 | | 2007 |
2 | 390,000 | | 2007 |
3 | 410,000 | | 2007 |
4 | 540,000 | | 2007 |
Full Year
| 1,710,000 | | 2006 |
1 | 400,000 | | 2006 |
2 | 390,000 | | 2006 |
3 | 330,000 | | 2006 |
4 | 440,000 | | 2006 |
Full Year
| 1,560,000 | | 2005 |
1 | 420,000 | | 2005 |
2 | 390,000 | | 2005 |
3 | 360,000 | | 2005 |
4 | 610,000 | | 2005 |
Full Year
| 1,780,000 | | 2004 |
Full Year
| 1,800,000 |
| | | | | | Quarterly Net Income, US$ |
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| Year | Quarter | Revenue | | 2009 |
1 | (430,000) | | 2009 |
2 | (240,000) | | 2008 |
1 | (490,000) | | 2008 |
2 | (260,000) | | 2008 |
3 | (470,000) | | 2008 |
4 | (1,970,000) | | 2008 |
Full Year
| (3,180,000) | | 2007 |
1 | (350,000) | | 2007 |
2 | (380,000) | | 2007 |
3 | (350,000) | | 2007 |
4 | (330,000) | | 2007 |
Full Year
| NM | | 2006 |
Full Year
| (500,000) | | 2005 |
Full Year
| 410,000 | | 2004 |
Full Year
| (50,000) |
| | | | | | Quarterly EPS, US$ |
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| Year | Quarter | Revenue | | 2009 |
1 | (.03) | | 2009 |
2 | (.02) | | 2008 |
1 | (.04) | | 2008 |
2 | (.02) | | 2008 |
3 | (.04) | | 2008 |
4 | (.15) | | 2008 |
Full Year
| (.25) | | 2007 |
1 | (.03) | | 2007 |
2 | (.03) | | 2007 |
3 | (.03) | | 2007 |
4 | (.03) | | 2007 |
Full Year
| (.12) | | 2006 |
1 | Nil | | 2006 |
2 | Nil | | 2006 |
3 | (.02) | | 2006 |
4 | (.01) | | 2006 |
Full Year
| (.05) | | 2005 |
1 | Nil | | 2005 |
2 | Nil | | 2005 |
3 | Nil | | 2005 |
4 | .04 | | 2005 |
Full Year
| .04 | | 2004 |
Full Year
| (.01) |
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Stock Data
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| | | Capitalization as of 03/31/2009: | | | | | Authorized Shares | Outstanding Shares |
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| Common no par | 100,000,000 | 13,572,143 |
| | | | LONG TERM DEBT: None. | | | | Common no par | | | |
Stockholders:
03/13/2009,
69.
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Transfer Agent: Island Stock Transfer
St. Petersburg
, FL | | | | OTC Bulletin Board( Primary): CYRP | | | | Exchange | Year | High | Low |
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| OTC Bulletin Board | 2008 | 1.2500 | 0.0500 | | OTC Bulletin Board | 2007 | 0.0700 | 0.0500 |
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| | | | DIVIDENDS: Common no par: None. | | | | | |
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