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Lenovo E43 Notebook UPEK Fingerprint Driver

As of the date of this Prospectus, the following registered shareholders have holdings in excess of the statutory thresholds for disclosure requirements. The list includes a nominee shareholder, which holding may belong to one or several beneficial owners.

In case of nominee shareholders, the disclosure requirement applies to the beneficial owner of the shares. The Group has to date earned insignificant revenue from customers on its technology and IP or products. In IDEX earned revenue from a feasibility study commissioned and Lenovo E43 Notebook UPEK Fingerprint by a significant firm in the biometric industry.

There was only negligible revenue from IP, products or services in InIDEX commenced deliveries of samples and trial batches Lenovo E43 Notebook UPEK Fingerprint sensors, as well as configuration and bespoke electronic interfacing to customers. Time-based services are provided on customer request and is not a targeted business for IDEX. In IDEX earned project-specific government research and development grants and similar grants that represent revenue.

Lenovo E43 Notebook UPEK Fingerprint Drivers (2019)

Operating expenses include payroll, research and development and other i. The payroll expenses largely reflect the number of employees in each period, but the effect of share-based compensation is volatile and reduces the correlation. The notional cost of the share-based Lenovo E43 Notebook UPEK Fingerprint varies because of grants and cancellations and over the vesting periods of each grant, and the calculated employer s tax debt varies with the share price.

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Research costs have been expensed in accordance with IFRS. Other costs have more than doubled from to Sales and marketing activities have increased year on year in the period and with the expanded staff, the Group has expanded its facilities at Fornebu as well as in Boston, Massachusetts. Depreciation has represented a comparatively small cost item in the profit and loss statements until the fourth quarter of Only moderate investments in laboratory equipment, IT and offices Lenovo E43 Notebook UPEK Fingerprint made in the preceding years.

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Depreciation commenced as of the acquisition date. The net financial income in was mainly interest income on cash in bank following a private placement in January Because IDEX operates at a loss and has taxable loss carried forward, the Company has Lenovo E43 Notebook UPEK Fingerprint incurred any tax cost or payable income taxes inor IDEX America Inc.

These investments changed the asset side of Lenovo E43 Notebook UPEK Fingerprint balance sheet. IDEX s patents and other intellectual property rights created by IDEX are not held in the balance sheet because the activities have not satisfied the criteria for being added to the balance sheet as intangible assets. The same applies to the development costs until and including financial year In IDEX capitalised those development expenses incurred in which were related to Cardinal.

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A possible deferred tax asset from Norwegian tax loss carried forward has not been recognized because there is no satisfactory evidence for recognising the asset under IFRS. Trade and other receivables are for a large part made up by the receivable from Skattefunn.

Various prepayments and VAT receivable are also included on this line. The cash position is commented in the section Cash flow statements below. There were and are no contingent liabilities in the balance sheet.

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On 30 Decembera long-term payable amounting to NOK The ongoing losses in the years reported in this Prospectus have been charged to equity. Equity has been replenished by share issues in each of the years reported in this Prospectus. The notional equity injection from share-based remuneration incentive subscription rights to employees has been added to equity. Trade and other payables also include personnel-related and other expense accruals. The amount has Lenovo E43 Notebook UPEK Fingerprint in line with the growth of the Group s activities, plus an additional NOK The operational cash flows Lenovo E43 Notebook UPEK Fingerprint been negative because revenue has been small and inadequate to cover the cash operating expenses.

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The operational Lenovo E43 Notebook UPEK Fingerprint outflow equals the operating loss adjusted by working capital changes and the non-cash notional cost of share-based remuneration. Investments in and were small compared to the operational costs in the periods. Most of the investments in and were in intangible assets acquired from PicoField and Roger Bauchspies respectively, in an amount of NOK The investments in long-term receivables are long-term deposits for rent.

Interest received relates to bank deposits and varies with the liquidity and 16 PAGE 16 prevailing interest rates. Major shareholders have been consistently supportive over the years, and IDEX has obtained new equity and liquidity from the shareholders.

The auditor s opinions for each of the yearsand were unqualified. On 31 December unaudited Lenovo E43 Notebook UPEK Fingerprint, the Company had a cash position of NOK million and a balance sheet solvency, i. Without counting in the funds from the Private Placement, IDEX has adequate funding for its planned activities beyond 12 months from the date of this Prospectus. IDEX takes for its basis that it will be able to fund the activities in the periods following the planning period, i.

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