{"id":379083,"date":"2020-11-11T17:03:13","date_gmt":"2020-11-11T22:03:13","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=379083"},"modified":"2020-11-11T17:03:13","modified_gmt":"2020-11-11T22:03:13","slug":"d-box-technologies-reports-second-quarter-and-reaches-a-significant-milestone-in-its-home-entertainment-strategy","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/d-box-technologies-reports-second-quarter-and-reaches-a-significant-milestone-in-its-home-entertainment-strategy\/","title":{"rendered":"D-BOX Technologies Reports Second Quarter and reaches a significant milestone in its home entertainment strategy"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">LONGUEUIL, Quebec, Nov.  11, 2020  (GLOBE NEWSWIRE) &#8212; D-BOX Technologies Inc. (TSX:\u00a0DBO), a world leader in haptic and immersive entertainment experiences, announced today its financial results for the second quarter ended September 30, 2020. All amounts in this press release are in Canadian dollars.<\/p>\n<p>\n        <strong>FINANCIAL HIGHLIGHTS<\/strong>\n      <\/p>\n<p align=\"justify\">\n        <strong><br \/>\n          <em>Highlights for the Second Quarter Ended September 30, 2020<\/em><br \/>\n        <\/strong>\n      <\/p>\n<ul type=\"square\">\n<li>Cash and cash equivalents was $5.0 million as at September 30, 2020 compared to $4.1 million as at March 31, 2020, while during the same period, cash flow provided by working capital has generated $2.6 million, the line of credit balance decreased by $1.0 million and long-term debt increased by $2.0 million. <br \/>\u00a0<\/li>\n<li>Total revenues decreased to $2.9 million from $6.3 million for the same period last year as a result of the adverse impact of the COVID-19 pandemic.<br \/>\u00a0<\/li>\n<li>Net loss remained flat at $0.9 million compared to the same period last year. <br \/>\u00a0<\/li>\n<li>Adjusted EBITDA* decreased to ($0.6) million from $0.1 million for the same period last year.\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0<\/li>\n<\/ul>\n<p align=\"justify\">\n        <strong><br \/>\n          <em>Highlights for the six-month period ended September 30, 2020<\/em><br \/>\n        <\/strong>\n      <\/p>\n<ul type=\"square\">\n<li>Total revenues decreased to $5.1 million from $13.9 million for the same period last year as a result of the adverse impact of the COVID-19 pandemic.<br \/>\u00a0<\/li>\n<li>Net loss increased to $1.9 million from $1.5 million for the same period last year. <br \/>\u00a0<\/li>\n<li>Adjusted EBITDA* decreased to ($0.7) million from $0.3 million for the same period last year.<\/li>\n<\/ul>\n<p align=\"justify\">This quarter\u2019s results continued to be impacted by the COVID-19 global pandemic, but the Corporation made progress on generating royalties as some movie theatres have resumed its activities. While we do not know the future impact COVID-19 will have on our business, or when our business will fully return to normal operations, the Corporation expects to see a continued impact from COVID-19 on its results in the upcoming quarters, especially in the commercial entertainment business where some commercial entertainment venues are forced to close temporarily.<\/p>\n<table style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td colspan=\"9\" style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle\">\n            <strong>Second <\/strong><br \/>\n            <strong>quarter and Six-month period ended September 30<br \/><\/strong>(in thousands of dollars, except per share amounts)<\/td>\n<\/tr>\n<tr>\n<td rowspan=\"2\" style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: justify;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<td colspan=\"4\" style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle\">\n            <strong>Second Quarter<\/strong>\n          <\/td>\n<td colspan=\"4\" style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle\">\n            <strong>Six-month Period<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: top\">\n            <strong>2020<\/strong>\n          <\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: top\">2019<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: top\">\n            <strong>2020<\/strong>\n          <\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: top\">2019<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"max-width:60%;width:60%;min-width:60%;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: justify;vertical-align: middle;vertical-align: top\">Revenues<\/td>\n<td style=\"max-width:9%;width:9%;min-width:9%;border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: top\">\n            <strong>\u00a0\u00a0\u00a0\u00a0 2,917<\/strong>\n          <\/td>\n<td style=\"max-width:1%;width:1%;min-width:1%;border-right: solid black 1pt;border-bottom: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<td style=\"max-width:9%;width:9%;min-width:9%;border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: top\">6,329<\/td>\n<td style=\"max-width:1%;width:1%;min-width:1%;border-right: solid black 1pt;border-bottom: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<td style=\"max-width:9%;width:9%;min-width:9%;border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle\">\n            <strong>5,146<\/strong>\n          <\/td>\n<td style=\"max-width:1%;width:1%;min-width:1%;border-right: solid black 1pt;border-bottom: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle\">\u00a0<\/td>\n<td style=\"max-width:9%;width:9%;min-width:9%;border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle\">13,862<\/td>\n<td style=\"max-width:1%;width:1%;min-width:1%;border-right: solid black 1pt;border-bottom: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: top\">Net loss<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: top\">\n            <strong>(954<\/strong>\n          <\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: top\">\n            <strong>)<\/strong>\n          <\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: top\">(933<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: top\">)<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: top\">\n            <strong>(1,920<\/strong>\n          <\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: top\">\n            <strong>)<\/strong>\n          <\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: top\">(1,539<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: top\">)<\/td>\n<\/tr>\n<tr>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: justify;vertical-align: middle;vertical-align: top\">Adjusted EBITDA*<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: top\">\n            <strong>(571<\/strong>\n          <\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: top\">\n            <strong>)<\/strong>\n          <\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: top\">114<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: top\">\n            <strong>(667<\/strong>\n          <\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: top\">\n            <strong>)<\/strong>\n          <\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: top\">329<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: top\">Basic and diluted net loss per share<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle\">\n            <strong>(0.005<\/strong>\n          <\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 30.0px;border-right: solid black 1pt;border-bottom: solid black 1pt;padding-left: 0\">\n            <strong>)<\/strong>\n          <\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle\">(0.005<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle\">)<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle\">\n            <strong>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (0.010<\/strong>\n          <\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle\">\n            <strong>)<\/strong>\n          <\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (0.008<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle\">)<\/td>\n<\/tr>\n<tr>\n<td colspan=\"9\" style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle\">\n            <strong>Information from the consolidated balance sheet<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td colspan=\"4\" style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle\">\n            <strong>As at<br \/> September 30, 2020<\/strong>\n          <\/td>\n<td colspan=\"4\" style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle\">\n            <strong>As at<br \/> March 31, 2020<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt\">Cash and cash equivalents<\/td>\n<td colspan=\"4\" style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: center;vertical-align: middle;border-right: solid black 1pt\">\n            <strong>4,979<\/strong>\n          <\/td>\n<td colspan=\"4\" style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: center;vertical-align: middle;border-right: solid black 1pt\">4,116\u00a0<\/td>\n<\/tr>\n<\/table>\n<p>* See the \u201cNon-IFRS\u201d measures\u201d section in the Management\u2019s Discussion and Analysis dated November 11, 2020.<\/p>\n<p align=\"justify\">&#8220;We are pleased with the progress that D-BOX has accomplished on multiple fronts in the past few months. Ensuring a healthy balance sheet has always been a top priority and we are proud that we have been able to manage our spending and get some additional financing to maintain a cash position that is greater than at the beginning of the COVID-19 pandemic. With the expectation of a progressive recovery of our recurring revenue from the theatrical market in the next months and the future contribution of home entertainment revenue, we are cautiously optimistic that the brunt of the situation is at a tail end,\u201d mentioned Mr. S\u00e9bastien Mailhot, President and CEO of D-BOX.<\/p>\n<p align=\"justify\">\u201cThis quarter, recovery on our business has been encouraging with total revenues growing at 31% sequentially between Q2 over Q1. The simulation and training segments grew 44% sequentially and 17% compared to the same period last year in large part due to the increasing penetration of simracing at home and great value proposition of our simulation and training offering. With the recent endorsement of the FIA, we do expect to see continued sequential growth,\u201d stated Mr. Mailhot.<\/p>\n<p align=\"justify\">\u00a0\u201cOur long-awaited immersive and haptic home entertainment system is now ready! We are proud to launch a home entertainment recliner, in partnership with Jaymar, that will integrate D-BOX\u2019s haptic technology. It is an important milestone given the size of the market opportunity; U.S. consumers spent over $25 billion in 2019, up 8.4% from the year before, in home entertainment streaming services, video-on-demand and electronic title purchases. By leveraging D-BOX\u2019s strong brand and market leadership in haptics, D-BOX has a unique opportunity to enhance the experience of consumers by providing a true-to-life experience from their home. Consumers will be able to enjoy over 2,000 pieces of content and growing, including movies, TV series, music, video games, and a relaxation mode. Over time, D-BOX will add new content types of all sorts and will constantly update the existing content. The movements, vibrations and textures will make entertainment lovers feel their favorite theme park ride, the beats of a live concert or experience floating on the moon. \u00a0The possibilities are endless!\u201d added Mr. Mailhot.\u00a0<\/p>\n<p align=\"justify\">In other news, the Corporation is pleased to announce the appointment this day of Eve Laurier to the Corporation\u2019s Board of Directors. Mrs. Laurier brings more than 20 years of experience in communication and marketing strategy. Currently, she is General Manager of Edelman Montreal&#8217;s communications firm and is also a member of Edelman Canada\u2019s management team, a global public relations firm. Prior to joining Edelman, Mrs. Laurier worked for Richter, an accounting and financial consulting firm, where she held the position of Vice-President, Strategic Relations. In 2020, she earned the \u2018Revelation\u2019 of the Quebec Association of Women in Finance, as well as a finalist at the Mercuriades for the Women of Exception Award. Mrs. Laurier holds an Executive MBA from McGill University and HEC Montr\u00e9al. As well, she sits on the board of the Marie-Vincent Foundation (2017) and the Metropolitan Orchestra (2017). \u201cWe welcome Mrs. Laurier to D-BOX\u2019s board. Her appointment comes with perfect timing, just as we are about to launch our home entertainment strategy. Her <br \/>strong credentials in communications and marketing and her vast business network will be a great asset as we maximize D-BOX awareness\u201d, stated Mr. Denis Chamberland.<\/p>\n<p align=\"justify\">\n        <strong>OPERATIONAL HIGHLIGHTS <\/strong>\n      <\/p>\n<ul type=\"square\">\n<li>D-BOX and Jaymar, a leading manufacturer of upholstered furniture in Canada, partnered to offer consumers a recliner which integrates D-BOX haptic technology, providing fans of series, movies and video games with immersive and haptic experiences. <br \/>\u00a0<\/li>\n<li>Part of its gaming strategy, D-BOX has been locking a lineup of video game franchises such as Ubisoft latest Assassin\u2019s Creed Valhalla, Microsoft\u2019s Flight Simulator, and Slightly Mad Studios\u2019 Project CARS 3. <br \/>\u00a0<\/li>\n<li>The F\u00e9d\u00e9ration Internationale de l&#8217;Automobile (FIA), the governing body of motor sport\u00a0and mobility, announced the\u00a0exclusive\u00a0endorsement\u00a0of\u00a0D-BOX products. \u00a0The D-BOX haptic system enables drivers to feel an incredibly powerful and reliable simulator that responds precisely to any in-game situation. The experience features subtle cues based on pavement variations, vehicle physics, acceleration, deceleration, braking, cornering, suspension feedback, traction, weather conditions and speed.<\/li>\n<\/ul>\n<p align=\"justify\">\n        <strong>ADDITIONAL INFORMATION <\/strong>\n      <\/p>\n<p align=\"justify\">The financial information relating to the second quarter ended September 30,\u00a02020 should be read in conjunction with the Corporation\u2019s unaudited condensed consolidated financial statements and the Management\u2019s Discussion and Analysis dated November 11, 2020. These documents are available at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=u2HenX1SktGOCnW2QTded17Lt2F5ycaO-nxw2m8HsxoWywA4888PzbR1Dal5p9TBvCIzN5msyDOL8kcKApmkkw==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>www.sedar.com<\/u><\/a>.<\/p>\n<p>\n        <strong>RECONCILIATION OF ADJUSTED EBITDA TO NET INCOME (LOSS)*<\/strong>\n      <\/p>\n<p align=\"justify\">Adjusted EBITDA provides useful and complementary information, which can be used, in particular, to assess profitability and cash flows from operations. It consists of net income (loss) excluding amortization, financial expenses net of income, income taxes, impairment charges, share-based payments, foreign exchange loss (gain) and non-recurring expenses related to restructuring costs. The following table reconciles adjusted EBITDA to net loss:<\/p>\n<p align=\"justify\">All amounts are in thousands of Canadian dollars<\/p>\n<table style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td rowspan=\"2\" style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-left: solid black 1pt;text-align: justify;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"4\" style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <strong>Second quarter<br \/>ended September 30<\/strong>\n          <\/td>\n<td colspan=\"4\" style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle\">\n            <strong>Six-month Period ended<br \/>September 30<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle\">\n            <strong>2020<\/strong>\n          <\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle\">\u00a0<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle\">2019<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: top\">2020<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: top\">2019<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"max-width:60%;width:60%;min-width:60%;border-top: solid black 1pt;border-right: solid black 1pt;border-left: solid black 1pt;text-align: justify;vertical-align: middle\">\n            <strong>Net loss<\/strong>\n          <\/td>\n<td style=\"max-width:9%;width:9%;min-width:9%;padding-right: 0;text-align: right;vertical-align: middle\">\n            <strong>\u00a0<\/strong><br \/>\n            <strong>(954<\/strong>\n          <\/td>\n<td style=\"max-width:1%;width:1%;min-width:1%;border-right: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle\">\n            <strong>)<\/strong>\n          <\/td>\n<td style=\"max-width:9%;width:9%;min-width:9%;padding-right: 0;text-align: right;vertical-align: middle\">(933<\/td>\n<td style=\"max-width:1%;width:1%;min-width:1%;border-right: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle\">)<\/td>\n<td style=\"max-width:9%;width:9%;min-width:9%;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: top\">\n            <strong>(1,920<\/strong>\n          <\/td>\n<td style=\"max-width:1%;width:1%;min-width:1%;border-right: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: top\">\n            <strong>)<\/strong>\n          <\/td>\n<td style=\"max-width:9%;width:9%;min-width:9%;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: top\">(1,539<\/td>\n<td style=\"max-width:1%;width:1%;min-width:1%;border-right: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: top\">)<\/td>\n<\/tr>\n<tr>\n<td style=\"border-right: solid black 1pt;border-left: solid black 1pt;text-align: justify;vertical-align: middle\">\u00a0\u00a0\u00a0\u00a0\u00a0 Amortization of property and equipment<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle\">\n            <strong>401<\/strong>\n          <\/td>\n<td style=\"border-right: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle\">439<\/td>\n<td style=\"border-right: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: top\">\n            <strong>876<\/strong>\n          <\/td>\n<td style=\"border-right: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: top\">856<\/td>\n<td style=\"border-right: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"border-right: solid black 1pt;border-left: solid black 1pt;text-align: justify;vertical-align: middle\">\u00a0\u00a0\u00a0\u00a0\u00a0 Amortization of intangible assets<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle\">\n            <strong>189<\/strong>\n          <\/td>\n<td style=\"border-right: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle\">204<\/td>\n<td style=\"border-right: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: top\">\n            <strong>380<\/strong>\n          <\/td>\n<td style=\"border-right: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: top\">462<\/td>\n<td style=\"border-right: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"border-right: solid black 1pt;border-left: solid black 1pt;text-align: justify;vertical-align: middle\">\u00a0\u00a0\u00a0\u00a0\u00a0 Amortization of other assets<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle\">\u2014<\/td>\n<td style=\"border-right: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle\">1<\/td>\n<td style=\"border-right: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle\">\n            <strong>\u2014<\/strong>\n          <\/td>\n<td style=\"border-right: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: top\">2<\/td>\n<td style=\"border-right: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"border-right: solid black 1pt;border-left: solid black 1pt;text-align: justify;vertical-align: middle\">\u00a0\u00a0\u00a0\u00a0\u00a0 Loss on disposal of property and equipment<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle\">\u2014<\/td>\n<td style=\"border-right: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle\">2<\/td>\n<td style=\"border-right: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle\">\n            <strong>\u2014<\/strong>\n          <\/td>\n<td style=\"border-right: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: top\">2<\/td>\n<td style=\"border-right: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"border-right: solid black 1pt;border-left: solid black 1pt;text-align: justify;vertical-align: middle\">\u00a0\u00a0\u00a0\u00a0\u00a0 Financial expenses (income)<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle\">\n            <strong>98<\/strong>\n          <\/td>\n<td style=\"border-right: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle\">280<\/td>\n<td style=\"border-right: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: top\">\n            <strong>191<\/strong>\n          <\/td>\n<td style=\"border-right: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: top\">373<\/td>\n<td style=\"border-right: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"border-right: solid black 1pt;border-left: solid black 1pt;text-align: justify;vertical-align: middle\">\u00a0\u00a0\u00a0\u00a0\u00a0 Income taxes (recovery)<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle\">\n            <strong>(1<\/strong>\n          <\/td>\n<td style=\"border-right: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle\">\n            <strong>)<\/strong>\n          <\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle\">6<\/td>\n<td style=\"border-right: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: top\">\n            <strong>(1<\/strong>\n          <\/td>\n<td style=\"border-right: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: top\">\n            <strong>)<\/strong>\n          <\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: top\">(1<\/td>\n<td style=\"border-right: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: top\">)<\/td>\n<\/tr>\n<tr>\n<td style=\"border-right: solid black 1pt;border-left: solid black 1pt;text-align: justify;vertical-align: middle;vertical-align: top\">\u00a0\u00a0\u00a0\u00a0\u00a0 Share-based payments<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle\">\n            <strong>31<\/strong>\n          <\/td>\n<td style=\"border-right: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle\">16<\/td>\n<td style=\"border-right: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: top\">\n            <strong>77<\/strong>\n          <\/td>\n<td style=\"border-right: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: top\">61<\/td>\n<td style=\"border-right: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"border-right: solid black 1pt;border-left: solid black 1pt;text-align: justify;vertical-align: middle;vertical-align: top\">\u00a0\u00a0\u00a0\u00a0\u00a0 Foreign exchange loss(gain)<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle\">\n            <strong>(335<\/strong>\n          <\/td>\n<td style=\"border-right: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle\">\n            <strong>)<\/strong>\n          <\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle\">99<\/td>\n<td style=\"border-right: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: top\">\n            <strong>(270<\/strong>\n          <\/td>\n<td style=\"border-right: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: top\">\n            <strong>)<\/strong>\n          <\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: top\">113<\/td>\n<td style=\"border-right: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: justify;vertical-align: middle\">\u00a0<strong>Adjusted EBITDA<\/strong><\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle\">\n            <strong>(571<\/strong>\n          <\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle\">\n            <strong>)<\/strong>\n          <\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle\">114<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle\">\u00a0<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: top\">\n            <strong>(667<\/strong>\n          <\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: top\">\n            <strong>)<\/strong>\n          <\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: top\">329<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<\/tr>\n<\/table>\n<p>* See the \u201cNon-IFRS measures\u201d section in the Management\u2019s Discussion and Analysis dated November 11, 2020.<\/p>\n<p>\n        <strong>ABOUT D-BOX<\/strong>\n      <\/p>\n<p align=\"justify\">D-BOX redefines and creates realistic, haptic and immersive entertainment experiences by providing feedback to the whole body and sparking the imagination through motion. Haptic essentially allows to feel sensations that would be felt if the body was interacting directly with physical objects. D-BOX has collaborated with some of the best companies in the world to deliver new ways to enhance great stories. Whether it\u2019s movies, video games, virtual reality applications, themed entertainment or professional simulation, D-BOX creates a feeling of presence that makes life resonate like never before.<\/p>\n<p align=\"justify\">D-BOX Technologies Inc. (TSX: DBO) is headquartered in Montreal with offices in Los Angeles, USA and Beijing, China. Visit d-box.com<\/p>\n<p>\n        <strong>DISCLAIMER REGARDING FORWARD-LOOKING STATEMENTS<\/strong>\n      <\/p>\n<p align=\"justify\">This news release contains statements that may constitute \u201cforward-looking information\u201d within the meaning of applicable Canadian securities legislation. Forward-looking information may include, among others, statements regarding the future plans, activities, objectives, operations, strategy, financial performance and condition of the Corporation, or the assumptions underlying any of the foregoing. In this news release, words such as \u201cmay\u201d, \u201cwould\u201d, \u201ccould\u201d, \u201cwill\u201d, \u201clikely\u201d, \u201cbelieve\u201d, \u201cexpect\u201d, \u201canticipate\u201d, \u201cintend\u201d, \u201cplan\u201d, \u201cestimate\u201d and similar words and the negative form thereof are used to identify forward-looking statements. Forward-looking statements should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether, or the times at or by which, such future performance will be achieved. No assurance can be given that any events anticipated by the forward-looking information will transpire or occur. Forward-looking information is based on information available at the time and\/or management&#8217;s good-faith belief with respect to future events and are subject to known or unknown risks, uncertainties, assumptions and other unpredictable factors, many of which are beyond the Corporation\u2019s control.<\/p>\n<p align=\"justify\">These risks, uncertainties and assumptions include, but are not limited to, those described under \u201cRisk Factors\u201d in the Corporation\u2019s Annual Information Form for the fiscal year ended March 31, 2020, a copy of which is available on SEDAR at www.sedar.com, and could cause actual events or results to differ materially from those projected in any forward-looking statements.\u00a0 The Corporation does not intend, nor does the Corporation undertake any obligation, to update or revise any forward-looking information contained in this news release to reflect subsequent information, events or circumstances or otherwise, except if required by applicable laws.<\/p>\n<p>\n        <strong>FOR FURTHER INFORMATION, <\/strong><br \/>\n        <strong>PLEASE CONTACT:<\/strong>\n      <\/p>\n<table style=\"border-collapse: collapse;margin-right:4.8pt;width:60%;border-collapse:collapse\">\n<tr>\n<td style=\"max-width:50%;width:50%;min-width:50%;vertical-align: top\">David Montpetit <br \/> Chief Financial Officer<br \/> D-BOX Technologies Inc.<br \/> 450 442-3003, ext. 296<br \/><u><a href=\"mailto:dmontpetit@d-box.com\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">dmontpetit@d-box.com<\/a><\/u><\/td>\n<td style=\"max-width:50%;width:50%;min-width:50%;vertical-align: top\">Steve Li <br \/> Vice President Investor Relations and Corporate Strategy<br \/>D-BOX Technologies Inc.<br \/> 450 442-3003, ext. 403<br \/><a href=\"mailto:sli@d-box.com\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>sli<\/u><u>@d-box.com<\/u><\/a><\/td>\n<\/tr>\n<\/table>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA4NDQzNSMzODIyNzM5IzIwOTM4NDA=\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>LONGUEUIL, Quebec, Nov. 11, 2020 (GLOBE NEWSWIRE) &#8212; D-BOX Technologies Inc. (TSX:\u00a0DBO), a world leader in haptic and immersive entertainment experiences, announced today its financial results for the second quarter ended September 30, 2020. All amounts in this press release are in Canadian dollars. FINANCIAL HIGHLIGHTS Highlights for the Second Quarter Ended September 30, 2020 Cash and cash equivalents was $5.0 million as at September 30, 2020 compared to $4.1 million as at March 31, 2020, while during the same period, cash flow provided by working capital has generated $2.6 million, the line of credit balance decreased by $1.0 million and long-term debt increased by $2.0 million. \u00a0 Total revenues decreased to $2.9 million from $6.3 million for the same &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/d-box-technologies-reports-second-quarter-and-reaches-a-significant-milestone-in-its-home-entertainment-strategy\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;D-BOX Technologies Reports Second Quarter and reaches a significant milestone in its home entertainment strategy&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-379083","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>D-BOX Technologies Reports Second Quarter and reaches a significant milestone in its home entertainment strategy - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/d-box-technologies-reports-second-quarter-and-reaches-a-significant-milestone-in-its-home-entertainment-strategy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"D-BOX Technologies Reports Second Quarter and reaches a significant milestone in its home entertainment strategy - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"LONGUEUIL, Quebec, Nov. 11, 2020 (GLOBE NEWSWIRE) &#8212; D-BOX Technologies Inc. (TSX:\u00a0DBO), a world leader in haptic and immersive entertainment experiences, announced today its financial results for the second quarter ended September 30, 2020. All amounts in this press release are in Canadian dollars. FINANCIAL HIGHLIGHTS Highlights for the Second Quarter Ended September 30, 2020 Cash and cash equivalents was $5.0 million as at September 30, 2020 compared to $4.1 million as at March 31, 2020, while during the same period, cash flow provided by working capital has generated $2.6 million, the line of credit balance decreased by $1.0 million and long-term debt increased by $2.0 million. \u00a0 Total revenues decreased to $2.9 million from $6.3 million for the same &hellip; Continue reading &quot;D-BOX Technologies Reports Second Quarter and reaches a significant milestone in its home entertainment strategy&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/d-box-technologies-reports-second-quarter-and-reaches-a-significant-milestone-in-its-home-entertainment-strategy\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-11T22:03:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA4NDQzNSMzODIyNzM5IzIwOTM4NDA=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"8 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/d-box-technologies-reports-second-quarter-and-reaches-a-significant-milestone-in-its-home-entertainment-strategy\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/d-box-technologies-reports-second-quarter-and-reaches-a-significant-milestone-in-its-home-entertainment-strategy\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"D-BOX Technologies Reports Second Quarter and reaches a significant milestone in its home entertainment strategy\",\"datePublished\":\"2020-11-11T22:03:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/d-box-technologies-reports-second-quarter-and-reaches-a-significant-milestone-in-its-home-entertainment-strategy\\\/\"},\"wordCount\":1646,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/d-box-technologies-reports-second-quarter-and-reaches-a-significant-milestone-in-its-home-entertainment-strategy\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODA4NDQzNSMzODIyNzM5IzIwOTM4NDA=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/d-box-technologies-reports-second-quarter-and-reaches-a-significant-milestone-in-its-home-entertainment-strategy\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/d-box-technologies-reports-second-quarter-and-reaches-a-significant-milestone-in-its-home-entertainment-strategy\\\/\",\"name\":\"D-BOX Technologies Reports Second Quarter and reaches a significant milestone in its home entertainment strategy - 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(TSX:\u00a0DBO), a world leader in haptic and immersive entertainment experiences, announced today its financial results for the second quarter ended September 30, 2020. All amounts in this press release are in Canadian dollars. FINANCIAL HIGHLIGHTS Highlights for the Second Quarter Ended September 30, 2020 Cash and cash equivalents was $5.0 million as at September 30, 2020 compared to $4.1 million as at March 31, 2020, while during the same period, cash flow provided by working capital has generated $2.6 million, the line of credit balance decreased by $1.0 million and long-term debt increased by $2.0 million. \u00a0 Total revenues decreased to $2.9 million from $6.3 million for the same &hellip; Continue reading \"D-BOX Technologies Reports Second Quarter and reaches a significant milestone in its home entertainment strategy\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/d-box-technologies-reports-second-quarter-and-reaches-a-significant-milestone-in-its-home-entertainment-strategy\/","og_site_name":"Market Newsdesk","article_published_time":"2020-11-11T22:03:13+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA4NDQzNSMzODIyNzM5IzIwOTM4NDA=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"8 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/d-box-technologies-reports-second-quarter-and-reaches-a-significant-milestone-in-its-home-entertainment-strategy\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/d-box-technologies-reports-second-quarter-and-reaches-a-significant-milestone-in-its-home-entertainment-strategy\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"D-BOX Technologies Reports Second Quarter and reaches a significant milestone in its home entertainment strategy","datePublished":"2020-11-11T22:03:13+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/d-box-technologies-reports-second-quarter-and-reaches-a-significant-milestone-in-its-home-entertainment-strategy\/"},"wordCount":1646,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/d-box-technologies-reports-second-quarter-and-reaches-a-significant-milestone-in-its-home-entertainment-strategy\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA4NDQzNSMzODIyNzM5IzIwOTM4NDA=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/d-box-technologies-reports-second-quarter-and-reaches-a-significant-milestone-in-its-home-entertainment-strategy\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/d-box-technologies-reports-second-quarter-and-reaches-a-significant-milestone-in-its-home-entertainment-strategy\/","name":"D-BOX Technologies Reports Second Quarter and reaches a significant milestone in its home entertainment strategy - 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