Qualstar Corp (QBAK) 10-K Annual Report March 2019

Document And Entity Information - USD ($)	12 Months Ended
Document And Entity Information - USD ($)	Dec. 31, 2018	Mar. 01, 2019	Jun. 29, 2018
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 Common Stock, Shares Outstanding (in shares)		1,995,912
Entity Public Float			$ 11,204,626
Document Type	10-K
Document Period End Date	Dec. 31, 2018
Document Fiscal Year Focus	2018
Document Fiscal Period Focus	FY
Amendment Flag	false
Entity Shell Company	false

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Inside Qualstar Corp's 10-K Annual Report:

Financial - Earnings Highlight
The gross profit increase is primarily attributed to the increase in product sales and improved profit margins on service contracts.

Financial - Expense Highlight
Engineering expenses decreased in the twelve months ended December 31, 2018 compared to 2017, as a result of the reduction in payroll and related expenses and compliance testing costs.
Other - Other Highlight
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.
Revenue - Product Highlight
Our service revenue increased compared to the previous year, primarily due to the product development service revenue received from our partnership with Sony Imaging Products & Solutions Inc. for the development of an enterprise class optical disk archive ("ODA") library and an increase in our technical support revenue.
Other - Other Highlight
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.
Other - Other
Factors that could cause or...Read more
Revenue - Product
All of these efforts and...Read more
Revenue - Product
In 2018, the Company invested...Read more
Other - Other
Qualstar has developed a business...Read more
Other - Other
These estimates include judgments about...Read more
Revenue - Product
To determine revenue recognition for...Read more
Other - Other
Changes in these factors could...Read more
Financial - Debt
On an on-going basis, we...Read more
Financial - Earnings
The Company continues to focus...Read more
Revenue - Product
With the release of LTO8...Read more
Revenue - Product
The increase in product revenues...Read more
Other - Other
One of the Company?s contracts...Read more
Revenue - Product
Power Supplies - The decrease...Read more
Financial - Expense
The Company generally uses the...Read more
Other - Other
We have historically experienced a...Read more
Revenue - Product
Sales and marketing expenses increased...Read more
Financial - Expense
Under the cost-to-cost measure of...Read more
Other - Other
A contract may include both...Read more
Financial - Expense
Since 2013, the Company has...Read more
Revenue - Product
Under ASC 606, the Company...Read more

Financial Statements, Disclosures and Schedules

Inside this 10-K Annual Report

Material Contracts, Statements, Certifications & more

Qualstar Corp provided additional information to their SEC Filing as exhibits

Exhibit 21.1: Subsidaries Of The Registrant

Exhibit 23.1: Consents Of Experts And Counsel

Exhibit 31.1: Rule 13A-14(A)/15D-14(A) Certification

Exhibit 31.2: Rule 13A-14(A)/15D-14(A) Certification

Exhibit 32.1: Section 1350 Certification

Exhibit 32.2: Section 1350 Certification

Ticker: QBAK
CIK: 758938
Form Type: 10-K Annual Report
Accession Number: 0001437749-19-004348
Submitted to the SEC: Thu Mar 07 2019 12:02:34 PM EST
Accepted by the SEC: Thu Mar 07 2019
Period: Monday, December 31, 2018
Industry: Magnetic And Optical Recording Media