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April 2020
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Document And Entity Information - USD ($) $ in Millions | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2019 | Mar. 09, 2020 | Jun. 28, 2019 | |
Document Information [Line Items] | |||
Entity Registrant Name | QUALSTAR CORP | ||
Entity Central Index Key | 0000758938 | ||
Trading Symbol | qbak | ||
Current Fiscal Year End Date | --12-31 | ||
Entity Filer Category | Non-accelerated Filer | ||
Entity Current Reporting Status | Yes | ||
Entity Voluntary Filers | No | ||
Entity Well-known Seasoned Issuer | No | ||
Entity Emerging Growth Company | false | ||
Entity Small Business | true | ||
Entity Interactive Data Current | Yes | ||
Entity Common Stock, Shares Outstanding (in shares) | 1,925,025 | ||
Entity Public Float | $ 5.8 | ||
Entity Shell Company | false | ||
Document Type | 10-K | ||
Document Period End Date | Dec. 31, 2019 | ||
Document Fiscal Year Focus | 2019 | ||
Document Fiscal Period Focus | FY | ||
Amendment Flag | false | ||
Title of 12(b) Security | Common Stock |
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Compare this 10-K Annual Report to its predecessor by reading our highlights to see what text and tables were removed , added and changed by Qualstar Corp.
Qualstar Corp's Definitive Proxy Statement (Form DEF 14A) filed after their 2020 10-K Annual Report includes:
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Changes in these inputs and assumptions could occur and actual results could differ from these estimates, and our results of operations could be materially impacted.
At contract inception, once the contract is determined to be within the scope of ASC 606, we assess the goods or services promised within each contract and determine those that are performance obligations and assess whether each promised good or service is distinct.
These efforts and our increase in revenue have contributed to improvements in cash flow.
Factors that could cause or contribute to these differences include those discussed below and elsewhere in this Annual Report on Form 10-K, particularly in "Risk Factors" and "Forward-Looking Statements."
Engineering expenses slightly increased in the twelve months ended December 31, 2019 compared to 2018, as a result of the increase in compliance costs in our power supply business related to a new requirement issued by the International Electrotechnical Commission.
In 2019, the Company had...Read more
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Qualstar has developed a business...Read more
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During the twelve months ended...Read more
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Our service revenue increased compared...Read more
The Company continues to focus...Read more
With the release of the...Read more
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The Company experienced a decrease...Read more
One of the Company's contracts...Read more
Power Supplies - The decrease...Read more
The Company generally uses the...Read more
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Financial Statements, Disclosures and Schedules
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Material Contracts, Statements, Certifications & more
Qualstar Corp provided additional information to their SEC Filing as exhibits
Ticker: QBAK
CIK: 758938
Form Type: 10-K Annual Report
Accession Number: 0001437749-20-005631
Submitted to the SEC: Thu Mar 19 2020 8:01:28 AM EST
Accepted by the SEC: Thu Mar 19 2020
Period: Tuesday, December 31, 2019
Industry: Magnetic And Optical Recording Media