.Net Acquisition Report Sales 
socalTECH
NOVEMBER 21, 2019
In one of the biggest acquisitions out of Southern California's technology startup industry in recent years, Los Angeles-based Honey Science Corporation , which develops a savings discovery and price tracking tool, has been acquired by PayPal , in a deal worth approximately $4 billion. Honey was founded in 2012 by George Ruan and Ryan Hudson.
socalTECH
NOVEMBER 5, 2012
Agoura Hills-based videogame maker THQ is looking for a buyer, after reporting less-than-stellar results on Monday afternoon. The announcement came as the firm announced net sales of $107.4M The firm also reported a net loss of $21.0M. in revenues.
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socalTECH
FEBRUARY 26, 2019
The company reported in its S-1 that it had a net loss of $20.62M for the year ended December 31, 2018, on sales of $1.04M. Super League Gaming's IPO was underwritten by Northland Capital Markets, Lake Street, and National Securities Corporation. Super League Gaming is led by President and CEO Ann Hand. READ MORE>>.
Xconomy
JULY 7, 2016
Pernix Therapeutics is slashing its headcount by more than 20 percent as the specialty pharmaceutical company tries to move toward profitability after a streak of acquisitions. Morristown, NJ-based Pernix (NASDAQ: PTX ) will cut 60 workers , mostly from its neurology sales staff, the company said today. million net loss.
socalTECH
MAY 5, 2017
Leaf Group disclosed the sale in its first quarter 2017 results, where it reported a net loss of $10.0M Leaf Group said it paid $12.0M for Deny Designs, split between $6.7M in cash plus approximately 215,000 shares of its common stock. Deny Designs was based in Denver, Colorado. on revenues of $27.238M. READ MORE>>.
Both Sides of the Table
SEPTEMBER 28, 2014
Gross Burn vs. Net Burn. Burn rate in case you don’t know is the amount of money a company is either spending (gross) or losing (net) per month. (it Net burn is the amount of money you are losing per month. I often see companies burning $100,000 per month (net) looking to raise $6-8 million.
socalTECH
JULY 27, 2015
Vizio reported net income of $44.9M billion in net sales for 2014. Vizio's major owners are founder William Wang (54.7 percent of the company), along with Taiwanese companies AmTRAN Technology (20.4%), Q-Run Holdings (8.3%), and La Jolla-based V-TW Holdings (7.7%). READ MORE>>.
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