Andrea Electronics Corporation (“Andrea,” “us,” “we,” “our”) designs, develops and manufactures state-of-the-art digital microphone products and noise reduction software that facilitate natural language, human/machine interfaces. Our technologies eliminate unwanted background noise to enable the optimum performance of various speech-based and audio applications. We are incorporated under the laws of the State of New York and have been engaged in the electronic communications industry since 1934. Andrea’s products and technologies optimize the performance of speech-based applications and audio applications primarily in the following markets:
Company profile
Ticker
ANDR
Exchange
Website
CEO
Douglas J. Andrea
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Andrea ANC Manufacturing Inc. • Andrea Digital Technologies, Inc. • Andrea Direct Marketing Inc. • Andrea Electronics Europe Inc. • Andrea Marketing Inc. • Lamar Signal Processing, Ltd. ...
IRS number
110482020
ANDR stock data
Latest filings (excl ownership)
10-K
2022 FY
Annual report
30 Mar 23
15-12G
Securities registration termination
10 Feb 23
S-8 POS
Registration of securities for employees (post-effective amendment)
10 Feb 23
S-8 POS
Registration of securities for employees (post-effective amendment)
10 Feb 23
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
10 Feb 23
10-Q
2022 Q3
Quarterly report
14 Nov 22
8-K
Submission of Matters to a Vote of Security Holders
5 Oct 22
DEF 14A
Definitive proxy
31 Aug 22
10-Q
2022 Q2
Quarterly report
15 Aug 22
10-Q
2022 Q1
Quarterly report
16 May 22
Latest ownership filings
4
JOSEPH J MIGLIOZZI
17 Dec 21
4
JOSEPH J MIGLIOZZI
7 Dec 20
4
JOSEPH J MIGLIOZZI
9 Sep 20
4
JOSEPH J MIGLIOZZI
25 Aug 20
4
Douglas J Andrea
25 Aug 20
4
Douglas J Andrea
15 Jun 20
4
Douglas J Andrea
10 Jun 20
SC 13D/A
Andrea Electronics Corp
13 Aug 19
4
JOSEPH J MIGLIOZZI
8 Aug 18
4
Douglas J Andrea
3 Aug 18
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
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| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 55.62 k | 55.62 k | 55.62 k | 55.62 k | 55.62 k | 55.62 k |
| Cash burn (monthly) | 29.94 k | 7.73 k | 96.55 k | 23.91 k | 29.59 k | 18.85 k |
| Cash used (since last report) | 156.31 k | 40.34 k | 504.04 k | 124.82 k | 154.47 k | 98.41 k |
| Cash remaining | -100.69 k | 15.28 k | -448.41 k | -69.20 k | -98.84 k | -42.78 k |
| Runway (months of cash) | -3.4 | 2.0 | -4.6 | -2.9 | -3.3 | -2.3 |
Institutional ownership, Q3 2022
0.0% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 1 |
| Opened positions | 0 |
| Closed positions | 0 |
| Increased positions | 0 |
| Reduced positions | 0 |
| 13F shares | Current |
|---|---|
| Total value | 0.00 |
| Total shares | 8.00 k |
| Total puts | 0.00 |
| Total calls | 0.00 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| S.A. Mason | 8.00 k | $0.00 |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 14 Dec 21 | Joseph J Migliozzi | Common Stock | Buy | Acquire P | No | No | 0.031 | 142,900 | 4.43 k | 1,672,254 |