{"id":380547,"date":"2020-11-12T20:03:12","date_gmt":"2020-11-13T01:03:12","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=380547"},"modified":"2020-11-12T20:03:12","modified_gmt":"2020-11-13T01:03:12","slug":"zoom-telephonics-reports-third-quarter-2020-results","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/zoom-telephonics-reports-third-quarter-2020-results\/","title":{"rendered":"Zoom Telephonics Reports Third Quarter 2020 Results"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"center\">\n        <em>Revenue of $12.0M, the Highest Quarterly Revenue for Zoom Telephonics (OTCQB: ZMTP) to Date<\/em>\n      <\/p>\n<p>Boston, MA, Nov.  12, 2020  (GLOBE NEWSWIRE) &#8212; via <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=YBOgHH0GsRPbsB8NtkVX1fyDt1HZjG6maMKGvP6FkTUYjKWY5Rw3INIM_CaS7Kr6RuOKhCzGEZ4Y5g3-UuFVtZ65cQ-S5IhhT8y8Tma6hxQ=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>NewMediaWire<\/u><\/a> &#8212; Zoom Telephonics, Inc. (\u201cZoom\u201d) (OTCQB: ZMTP), the creator of leading cable modems and other Internet access products under the exclusively licensed Motorola\u00ae brand, reported financial results for its 2020 third quarter ended September 30, 2020.<\/p>\n<ul>\n<li>Net revenue of $12.0M, the highest quarterly revenue for ZMTP to date, representing an 11% increase compared to the same quarter in 2019, and a 17% increase sequentially from Q2 2020.<\/li>\n<li>GAAP Operating Loss of ($332k), or -2.8% of net revenue, representing a ($94k) difference compared to the same quarter in 2019, but a $1.2M improvement sequentially from Q2 2020.<\/li>\n<li>Earnings per share of $(0.01), flat in the third quarter of 2019, but represents a 86% improvement sequentially from Q2 2020.<\/li>\n<\/ul>\n<p>\u201cWe are very pleased with this quarter\u2019s results and believe that we are now on a clear path to achieving scale and profitability,\u201d said Jackie Barry Hamilton, CFO of Zoom. \u201cOur balance sheet and cash position are strong; benefiting from a recent PIPE, and we have maintained our working capital levels despite challenges associated with the pandemic.\u201d<\/p>\n<p>\n        <strong>Business Outlook<\/strong>\n      <\/p>\n<p>\u201cOur research shows Zoom is holding its position as one of the top three leaders in modems, gateways, and MoCA devices by retail market share,\u201d said Jeremy Hitchcock, Executive Chairman of Zoom\u2019s Board of Directors. \u201cWe are seeing strong market tailwinds in home connectivity, underscored in a 45% increase in retailer inventory demand from this time last year. Our inventory position is actively being rebuilt as manufacturing capacity ramps in Vietnam to meet increased customer demand, without tariffs.\u201d<\/p>\n<p>Separately, Zoom today announced that it had reached a definitive agreement to merge with Minim Inc., a private AI-driven WiFi management and security platform.<\/p>\n<p>\n        <strong>Conference Call Details Date\/Time:<\/strong>\n      <\/p>\n<p>Join us on November 13th, 10:00 a.m. ET. <\/p>\n<p>Participant Dial-In Numbers: (United States):<br \/>(877) 706-2128 (International): (706) 643-5255.<\/p>\n<p>Please dial-in five minutes prior to the start time of the call and provide the operator with the conference ID of 4558846<\/p>\n<p>A slide presentation will accompany management\u2019s remarks and will be accessible five minutes prior to the start of the call via the following link: www.zoom.net\/SQ320. A recording of the call will also be made available afterwards through the investor information section of the company\u2019s website.<\/p>\n<p>\n        <strong>About Zoom Telephonics<\/strong><br \/>\n        <br \/>Zoom Telephonics, Inc. (\u201cZoom\u201d) (OTCQB: ZMTP) is the creator of innovative Internet access products that dependably connect people to the information they need and the people they love. Founded in 1977 in Boston, MA, the company now delivers cable modems, routers, and other communications products under the globally recognized Motorola brand. For more information about Zoom and its products, please visit www.zoom.net and www.motorolanetwork.com.<\/p>\n<p>MOTOROLA and the Stylized M Logo are trademarks or registered trademarks of Motorola Trademark Holdings, LLC and are used under license.<\/p>\n<p>\n        <strong>Forward Looking Statements<\/strong><br \/>\n        <br \/>This release contains forward-looking information relating to Zoom\u2019s plans, expectations, and intentions. Actual results may be materially different from expectations as a result of known and unknown risks, including: the potential increase in tariffs on the Company&#8217;s imports; potential difficulties and supply interruptions from moving the manufacturing of most of the Company\u2019s products to Vietnam; potential changes in NAFTA; the potential need for additional funding which Zoom may be unable to obtain; declining demand for certain of Zoom\u2019s products; delays, unanticipated costs, interruptions or other uncertainties associated with Zoom\u2019s production and shipping; Zoom\u2019s reliance on several key outsourcing partners; uncertainty of key customers\u2019 plans and orders; risks relating to product certifications; Zoom\u2019s dependence on key employees; uncertainty of new product development, including certification and overall project delays, budget overruns, and the risk that newly introduced products may contain undetected errors or defects or otherwise not perform as anticipated; costs and senior management distractions due to patent related matters; and other risks set forth in Zoom\u2019s filings with the Securities and Exchange Commission. Zoom cautions readers not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Zoom expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any such statements to reflect any change in Zoom\u2019s expectations or any change in events, conditions or circumstance on which any such statement is based.<\/p>\n<p>\n        <strong>Investor Relations Contact:<\/strong><br \/>\n        <br \/>Jacquelyn Barry Hamilton, CFO Zoom Telephonics, Inc.<br \/>Phone: 617-753-0040<br \/>Email: Investor@zoom.net<\/p>\n<p align=\"center\">\n        <b>ZOOM TELEPHONICS, INC. <\/b><br \/>\n        <br \/>\n        <b>Condensed Consolidated Balance Sheets<\/b>\n      <\/p>\n<table align=\"center\" style=\"border-collapse: collapse;width:101.64%;border-collapse:collapse\">\n<tr>\n<td style=\"width:344.87px;vertical-align: bottom\">\n            <strong>ASSETS<\/strong>\n          <\/td>\n<td style=\"width:5.34px;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td colspan=\"2\" style=\"width:121.74px;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <strong>September 30,\u00a0\u00a0\u00a0 <\/strong><br \/>\n            <br \/>\n            <strong>2020<\/strong><br \/>\n            <br \/>\n            <strong>(Unaudited)<\/strong>\n          <\/td>\n<td style=\"width:39.8px;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td style=\"width:5.34px;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td colspan=\"2\" style=\"width:88.94px;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <strong>December 31, <\/strong><br \/>\n            <br \/>\n            <strong>2019<\/strong><br \/>\n            \n          <\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:344.87px;vertical-align: bottom\">\n            <em>Current assets<\/em>\n          <\/td>\n<td style=\"width:5.34px;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"2\" style=\"width:121.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:39.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:5.34px;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"2\" style=\"width:88.94px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:344.87px;vertical-align: bottom\">Cash and cash equivalents<\/td>\n<td style=\"width:5.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.47px;vertical-align: bottom\">$<\/td>\n<td style=\"width:114.27px;text-align: right;vertical-align: middle;vertical-align: bottom\">4,013,690<\/td>\n<td style=\"width:39.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:5.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.47px;vertical-align: bottom\">$<\/td>\n<td style=\"width:81.47px;text-align: right;vertical-align: middle;vertical-align: bottom\">1,216,893<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:344.87px;vertical-align: bottom\">Restricted cash<\/td>\n<td style=\"width:5.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.47px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:114.27px;text-align: right;vertical-align: middle;vertical-align: bottom\">800,000<\/td>\n<td style=\"width:39.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:5.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.47px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:81.47px;text-align: right;vertical-align: middle;vertical-align: bottom\">150,000<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:344.87px;vertical-align: bottom\">Accounts receivable, net<\/td>\n<td style=\"width:5.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.47px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:114.27px;text-align: right;vertical-align: middle;vertical-align: bottom\">6,577,447<\/td>\n<td style=\"width:39.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:5.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.47px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:81.47px;text-align: right;vertical-align: middle;vertical-align: bottom\">4,070,576<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:344.87px;vertical-align: bottom\">Inventories, net<\/td>\n<td style=\"width:5.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.47px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:114.27px;text-align: right;vertical-align: middle;vertical-align: bottom\">9,693,326<\/td>\n<td style=\"width:39.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:5.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.47px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:81.47px;text-align: right;vertical-align: middle;vertical-align: bottom\">7,440,350<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:344.87px;vertical-align: bottom\">Prepaid expenses and other current assets<\/td>\n<td style=\"width:5.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.47px;border-bottom: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:114.27px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">128,847<\/td>\n<td style=\"width:39.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:5.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.47px;border-bottom: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:81.47px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">269,738<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:344.87px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: bottom\">Total current assets<\/td>\n<td style=\"width:5.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.47px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:114.27px;text-align: right;vertical-align: middle;vertical-align: bottom\">21,213,310<\/td>\n<td style=\"width:39.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:5.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.47px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:81.47px;text-align: right;vertical-align: middle;vertical-align: bottom\">13,147,557<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:344.87px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:5.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.47px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:114.27px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:39.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:5.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.47px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:81.47px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:344.87px;vertical-align: bottom\">Other assets<\/td>\n<td style=\"width:5.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.47px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:114.27px;text-align: right;vertical-align: middle;vertical-align: bottom\">914,884<\/td>\n<td style=\"width:39.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:5.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.47px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:81.47px;text-align: right;vertical-align: middle;vertical-align: bottom\">349,335<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:344.87px;vertical-align: bottom\">Operating lease right-of-use assets, net<\/td>\n<td style=\"width:5.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.47px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:114.27px;text-align: right;vertical-align: middle;vertical-align: bottom\">107,343<\/td>\n<td style=\"width:39.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:5.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.47px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:81.47px;text-align: right;vertical-align: middle;vertical-align: bottom\">102,716<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:344.87px;vertical-align: bottom\">Equipment, net<\/td>\n<td style=\"width:5.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.47px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:114.27px;text-align: right;vertical-align: middle;vertical-align: bottom\">460,534<\/td>\n<td style=\"width:39.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:5.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.47px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:81.47px;text-align: right;vertical-align: middle;vertical-align: bottom\">303,099<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:344.87px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: bottom\">Total assets<\/td>\n<td style=\"width:5.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.47px;border-top: solid black 1pt;border-bottom: double 15px 3pt;vertical-align: bottom\">$<\/td>\n<td style=\"width:114.27px;border-top: solid black 1pt;border-bottom: double 15px 3pt;text-align: right;vertical-align: middle;vertical-align: bottom\">22,696,071<\/td>\n<td style=\"width:39.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:5.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.47px;border-top: solid black 1pt;border-bottom: double 15px 3pt;vertical-align: bottom\">$<\/td>\n<td style=\"width:81.47px;border-top: solid black 1pt;border-bottom: double 15px 3pt;text-align: right;vertical-align: middle;vertical-align: bottom\">13,902,707<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:344.87px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:5.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.47px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:114.27px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:39.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:5.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.47px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:81.47px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:344.87px;vertical-align: bottom\">\n            <strong>LIABILITIES AND STOCKHOLDERS&#8217; EQUITY<\/strong>\n          <\/td>\n<td style=\"width:5.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.47px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:114.27px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:39.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:5.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.47px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:81.47px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:344.87px;vertical-align: bottom\">\n            <em>Current liabilities<\/em>\n          <\/td>\n<td style=\"width:5.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.47px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:114.27px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:39.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:5.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.47px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:81.47px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:344.87px;vertical-align: bottom\">Accounts payable<\/td>\n<td style=\"width:5.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.47px;vertical-align: bottom\">$<\/td>\n<td style=\"width:114.27px;text-align: right;vertical-align: middle;vertical-align: bottom\">10,513,620<\/td>\n<td style=\"width:39.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:5.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.47px;vertical-align: bottom\">$<\/td>\n<td style=\"width:81.47px;text-align: right;vertical-align: middle;vertical-align: bottom\">5,024,529<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:344.87px;vertical-align: bottom\">Current maturities of long-term debt<\/td>\n<td style=\"width:5.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.47px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:114.27px;text-align: right;vertical-align: middle;vertical-align: bottom\">354,968<\/td>\n<td style=\"width:39.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:5.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.47px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:81.47px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u2013\u2013\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:344.87px;vertical-align: bottom\">Current maturities of operating lease liabilities<\/td>\n<td style=\"width:5.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.47px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:114.27px;text-align: right;vertical-align: middle;vertical-align: bottom\">72,739<\/td>\n<td style=\"width:39.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:5.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.47px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:81.47px;text-align: right;vertical-align: middle;vertical-align: bottom\">102,716<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:344.87px;vertical-align: bottom\">Accrued expenses<\/td>\n<td style=\"width:5.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.47px;border-bottom: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:114.27px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">4,015,666<\/td>\n<td style=\"width:39.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:5.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.47px;border-bottom: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:81.47px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">2,666,471<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:344.87px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: bottom\">Total current liabilities<\/td>\n<td style=\"width:5.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.47px;vertical-align: bottom\">$ <\/td>\n<td style=\"width:114.27px;text-align: right;vertical-align: middle;vertical-align: bottom\">14,956,993<\/td>\n<td style=\"width:39.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:5.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.47px;vertical-align: bottom\">$ <\/td>\n<td style=\"width:81.47px;text-align: right;vertical-align: middle;vertical-align: bottom\">7,793,716<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:344.87px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:5.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.47px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:114.27px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:39.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:5.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.47px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:81.47px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:344.87px;vertical-align: bottom\">Long-term debt, less current maturities<\/td>\n<td style=\"width:5.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.47px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:114.27px;text-align: right;vertical-align: middle;vertical-align: bottom\">228,332<\/td>\n<td style=\"width:39.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:5.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.47px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:81.47px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u2013\u2013<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:344.87px;vertical-align: bottom\">Operating lease liabilities, less current maturities<\/td>\n<td style=\"width:5.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.47px;border-bottom: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:114.27px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">34,738<\/td>\n<td style=\"width:39.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:5.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.47px;border-bottom: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:81.47px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u2013\u2013<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:344.87px;vertical-align: bottom\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Total liabilities<\/td>\n<td style=\"width:5.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.47px;border-bottom: double 15px 3pt;vertical-align: bottom\">$<\/td>\n<td style=\"width:114.27px;border-bottom: double 15px 3pt;text-align: right;vertical-align: middle;vertical-align: bottom\">15,220,063<\/td>\n<td style=\"width:39.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:5.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.47px;border-bottom: double 15px 3pt;vertical-align: bottom\">$<\/td>\n<td style=\"width:81.47px;border-bottom: double 15px 3pt;text-align: right;vertical-align: middle;vertical-align: bottom\">7,793,716<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:344.87px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:5.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.47px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:114.27px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:39.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:5.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.47px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:81.47px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:344.87px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:5.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.47px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:114.27px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:39.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:5.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.47px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:81.47px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:344.87px;vertical-align: bottom\">\n            <em>Stockholders&#8217; equity<\/em>\n          <\/td>\n<td style=\"width:5.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.47px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:114.27px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:39.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:5.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.47px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:81.47px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:344.87px;vertical-align: bottom\">Common stock: Authorized: 40,000,000 shares at $0.01 par value<\/td>\n<td style=\"width:5.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.47px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:114.27px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:39.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:5.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.47px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:81.47px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:344.87px;vertical-align: bottom\">Issued and outstanding:\u00a0 23,921,142 shares at September 30, 2020 and 20,929,928 shares at December 31, 2019<\/td>\n<td style=\"width:5.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.47px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:114.27px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:39.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:5.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.47px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:81.47px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:344.87px;vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: bottom\">Additional paid in capital<\/td>\n<td style=\"width:5.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.47px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:114.27px;text-align: right;vertical-align: middle;vertical-align: bottom\">239,211<\/td>\n<td style=\"width:39.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:5.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.47px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:81.47px;text-align: right;vertical-align: middle;vertical-align: bottom\">209,299<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:344.87px;vertical-align: bottom\">Accumulated deficit<\/td>\n<td style=\"width:5.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.47px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:114.27px;text-align: right;vertical-align: middle;vertical-align: bottom\">50,454,720<\/td>\n<td style=\"width:39.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:5.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.47px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:81.47px;text-align: right;vertical-align: middle;vertical-align: bottom\">46,496,330<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:344.87px;vertical-align: bottom\">Total stockholders&#8217; equity<\/td>\n<td style=\"width:5.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.47px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:114.27px;text-align: right;vertical-align: middle;vertical-align: bottom\">(43,217,923<\/td>\n<td style=\"width:39.8px;vertical-align: bottom\">)<\/td>\n<td style=\"width:5.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.47px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:81.47px;text-align: right;vertical-align: middle;vertical-align: bottom\">(40,596,638<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:344.87px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: bottom\">Total liabilities and stockholders&#8217; equity<\/td>\n<td style=\"width:5.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.47px;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:114.27px;border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">7,476,008<\/td>\n<td style=\"width:39.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:5.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.47px;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:81.47px;border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">6,108,991<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:344.87px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:5.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.47px;border-bottom: double 15px 3pt;vertical-align: bottom\">$<\/td>\n<td style=\"width:114.27px;border-bottom: double 15px 3pt;text-align: right;vertical-align: middle;vertical-align: bottom\">22,696,071<\/td>\n<td style=\"width:39.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:5.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.47px;border-bottom: double 15px 3pt;vertical-align: bottom\">$<\/td>\n<td style=\"width:81.47px;border-bottom: double 15px 3pt;text-align: right;vertical-align: middle;vertical-align: bottom\">13,902,707<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<\/table>\n<p align=\"center\">\n        <b>ZOOM TELEPHONICS, INC. <\/b><br \/>\n        <br \/>\n        <b>Condensed Consolidated Statements of Operations<\/b><br \/>\n        <br \/>\n        <b> (Unaudited)<\/b>\n      <\/p>\n<table align=\"center\" style=\"border-collapse: collapse;width:648;border-collapse:collapse\">\n<tr>\n<td style=\"width:249.6px;vertical-align: bottom\">\n            <strong>\u00a0 <\/strong>\n          <\/td>\n<td style=\"width:7.94px;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td colspan=\"6\" style=\"width:175.6px;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <strong>Three Months Ended September 30,<\/strong>\n          <\/td>\n<td style=\"width:7.94px;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td style=\"width:7.94px;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td colspan=\"6\" style=\"width:175.6px;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <strong>Nine Months Ended September 30,<\/strong>\n          <\/td>\n<td style=\"width:23.4px;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:249.6px;vertical-align: bottom\">\n            <strong>\u00a0 <\/strong>\n          <\/td>\n<td style=\"width:7.94px;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td colspan=\"2\" style=\"width:79.8px;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <strong>2020<\/strong>\n          <\/td>\n<td style=\"width:8px;border-top: solid black 1pt;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td style=\"width:8px;border-top: solid black 1pt;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td colspan=\"2\" style=\"width:79.8px;border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <strong>2019<\/strong>\n          <\/td>\n<td style=\"width:7.94px;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td style=\"width:7.94px;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td colspan=\"2\" style=\"width:79.8px;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <strong>2020<\/strong>\n          <\/td>\n<td style=\"width:8px;border-top: solid black 1pt;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td style=\"width:8px;border-top: solid black 1pt;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td colspan=\"2\" style=\"width:79.8px;border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <strong>2019<\/strong>\n          <\/td>\n<td style=\"width:23.4px;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:249.6px;vertical-align: bottom\">\u00a0 <\/td>\n<td style=\"width:7.94px;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"2\" style=\"width:79.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"2\" style=\"width:79.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.94px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.94px;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"2\" style=\"width:79.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"2\" style=\"width:79.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:23.4px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:249.6px;vertical-align: bottom\">Net sales<\/td>\n<td style=\"width:7.94px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">$<\/td>\n<td style=\"width:71.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">12,027,457<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: left;vertical-align: middle;vertical-align: bottom\">$<\/td>\n<td style=\"width:71.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">10,874,149<\/td>\n<td style=\"width:7.94px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.94px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: left;vertical-align: middle;vertical-align: bottom\">$<\/td>\n<td style=\"width:71.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">34,255,817<\/td>\n<td style=\"width:8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: left;vertical-align: middle;vertical-align: bottom\">$<\/td>\n<td style=\"width:71.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">27,042,961<\/td>\n<td style=\"width:23.4px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:249.6px;vertical-align: bottom\">Cost of goods sold<\/td>\n<td style=\"width:7.94px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">8,150,901<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">7,746,821<\/td>\n<td style=\"width:7.94px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.94px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">25,160,174<\/td>\n<td style=\"width:8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">18,728,928<\/td>\n<td style=\"width:23.4px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:249.6px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: bottom\">Gross profit<\/td>\n<td style=\"width:7.94px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">3,876,556<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">3,127,328<\/td>\n<td style=\"width:7.94px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.94px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">9,095,643<\/td>\n<td style=\"width:8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">8,314,033<\/td>\n<td style=\"width:23.4px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:249.6px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.94px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.94px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.94px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:23.4px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:249.6px;vertical-align: bottom\">Operating expenses:<\/td>\n<td style=\"width:7.94px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.94px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.94px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:23.4px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:249.6px;vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: bottom\">Selling\u00a0 <\/td>\n<td style=\"width:7.94px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">2,012,314<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">2,067,728<\/td>\n<td style=\"width:7.94px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.94px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">6,650,047<\/td>\n<td style=\"width:8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">7,068,841<\/td>\n<td style=\"width:23.4px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:249.6px;vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: bottom\">General and administrative\u00a0 <\/td>\n<td style=\"width:7.94px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">1,468,187<\/td>\n<td style=\"width:8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">733,486<\/td>\n<td style=\"width:7.94px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.94px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">3,012,292<\/td>\n<td style=\"width:8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">1,858,043<\/td>\n<td style=\"width:23.4px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:249.6px;vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: bottom\">Research and development <\/td>\n<td style=\"width:7.94px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">728,258<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">563,881<\/td>\n<td style=\"width:7.94px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.94px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">2,025,502<\/td>\n<td style=\"width:8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">1,484,160<\/td>\n<td style=\"width:23.4px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:249.6px;vertical-align: bottom\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0Total operating expenses<\/td>\n<td style=\"width:7.94px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">4,208,759<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">3,365,095<\/td>\n<td style=\"width:7.94px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.94px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">11,687,841<\/td>\n<td style=\"width:8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">10,411,044<\/td>\n<td style=\"width:23.4px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:249.6px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.94px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.94px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.94px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:23.4px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:249.6px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: bottom\">Operating loss<\/td>\n<td style=\"width:7.94px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">(332,203<\/td>\n<td style=\"width:8px;vertical-align: bottom\">)<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">(237,767<\/td>\n<td style=\"width:7.94px;vertical-align: bottom\">)<\/td>\n<td style=\"width:7.94px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">(2,592,198<\/td>\n<td style=\"width:8px;vertical-align: bottom\">)<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">(2,097,011<\/td>\n<td style=\"width:23.4px;vertical-align: bottom\">)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:249.6px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.94px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.94px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.94px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:23.4px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:249.6px;vertical-align: bottom\">Other income (expense):<\/td>\n<td style=\"width:7.94px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.94px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.94px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:23.4px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:249.6px;vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: bottom\">Interest income<\/td>\n<td style=\"width:7.94px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">272<\/td>\n<td style=\"width:8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">5,626<\/td>\n<td style=\"width:7.94px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.94px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">1,064<\/td>\n<td style=\"width:8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">9,627<\/td>\n<td style=\"width:23.4px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:249.6px;vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: bottom\">Interest expense<\/td>\n<td style=\"width:7.94px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">(5,420<\/td>\n<td style=\"width:8px;vertical-align: bottom\">)<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u2013\u2013<\/td>\n<td style=\"width:7.94px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.94px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">(13,852<\/td>\n<td style=\"width:8px;vertical-align: bottom\">)<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">(48,405<\/td>\n<td style=\"width:23.4px;vertical-align: bottom\">)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:249.6px;vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: bottom\">Other, net<\/td>\n<td style=\"width:7.94px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">(1,150<\/td>\n<td style=\"width:8px;vertical-align: bottom\">)<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">36,156<\/td>\n<td style=\"width:7.94px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.94px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">(707<\/td>\n<td style=\"width:8px;vertical-align: bottom\">)<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">34,251<\/td>\n<td style=\"width:23.4px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:249.6px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: bottom\">Total other income (expense)<\/td>\n<td style=\"width:7.94px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">(6,298<\/td>\n<td style=\"width:8px;vertical-align: bottom\">)<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">41,782<\/td>\n<td style=\"width:7.94px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.94px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">(13,495<\/td>\n<td style=\"width:8px;vertical-align: bottom\">)<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">(4,527<\/td>\n<td style=\"width:23.4px;vertical-align: bottom\">)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:249.6px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.94px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.94px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.94px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:23.4px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:249.6px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: bottom\">Loss before income taxes<\/td>\n<td style=\"width:7.94px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">(338,501<\/td>\n<td style=\"width:8px;vertical-align: bottom\">)<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">(195,985<\/td>\n<td style=\"width:7.94px;vertical-align: bottom\">)<\/td>\n<td style=\"width:7.94px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">(2,605,693<\/td>\n<td style=\"width:8px;vertical-align: bottom\">)<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">(2,101,538<\/td>\n<td style=\"width:23.4px;vertical-align: bottom\">)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:249.6px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.94px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.94px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.94px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:23.4px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:249.6px;vertical-align: bottom\">Income taxes <\/td>\n<td style=\"width:7.94px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">2,920<\/td>\n<td style=\"width:8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">3,641<\/td>\n<td style=\"width:7.94px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.94px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">15,592<\/td>\n<td style=\"width:8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">24,319<\/td>\n<td style=\"width:23.4px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:249.6px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.94px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.94px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.94px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:23.4px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:249.6px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: bottom\">Net loss<\/td>\n<td style=\"width:7.94px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;vertical-align: middle;text-align: right;border-bottom: double black 2.5pt\">$<\/td>\n<td style=\"width:8px;vertical-align: middle;text-align: right;border-bottom: double black 2.5pt\">(341,421<\/td>\n<td style=\"width:8px;vertical-align: bottom\">)<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;vertical-align: middle;text-align: right;border-bottom: double black 2.5pt\">$<\/td>\n<td style=\"width:8px;vertical-align: middle;text-align: right;border-bottom: double black 2.5pt\">(199,626<\/td>\n<td style=\"width:7.94px;vertical-align: bottom\">)<\/td>\n<td style=\"width:7.94px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;vertical-align: middle;text-align: right;border-bottom: double black 2.5pt\">$<\/td>\n<td style=\"width:8px;vertical-align: middle;text-align: right;border-bottom: double black 2.5pt\">(2,621,285<\/td>\n<td style=\"width:8px;vertical-align: bottom\">)<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;vertical-align: middle;text-align: right;border-bottom: double black 2.5pt\">$<\/td>\n<td style=\"width:8px;vertical-align: middle;text-align: right;border-bottom: double black 2.5pt\">(2,125,857<\/td>\n<td style=\"width:23.4px;vertical-align: bottom\">)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:249.6px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.94px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.94px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.94px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:23.4px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:249.6px;vertical-align: bottom\">Net loss per share:<\/td>\n<td style=\"width:7.94px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.94px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.94px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:23.4px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:249.6px;vertical-align: bottom\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Basic and diluted<\/td>\n<td style=\"width:7.94px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;border-bottom: double 15px 3pt;text-align: right;vertical-align: middle;vertical-align: bottom\">$<\/td>\n<td style=\"width:71.8px;border-bottom: double 15px 3pt;text-align: right;vertical-align: middle;vertical-align: bottom\">(0.01<\/td>\n<td style=\"width:8px;vertical-align: bottom\">)<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;border-bottom: double 15px 3pt;text-align: left;vertical-align: middle;vertical-align: bottom\">$<\/td>\n<td style=\"width:71.8px;border-bottom: double 15px 3pt;text-align: right;vertical-align: middle;vertical-align: bottom\">(0.01<\/td>\n<td style=\"width:7.94px;vertical-align: bottom\">)<\/td>\n<td style=\"width:7.94px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;border-bottom: double 15px 3pt;text-align: left;vertical-align: middle;vertical-align: bottom\">$<\/td>\n<td style=\"width:71.8px;border-bottom: double 15px 3pt;text-align: right;vertical-align: middle;vertical-align: bottom\">(0.12<\/td>\n<td style=\"width:8px;vertical-align: bottom\">)<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;border-bottom: double 15px 3pt;text-align: left;vertical-align: middle;vertical-align: bottom\">$<\/td>\n<td style=\"width:71.8px;border-bottom: double 15px 3pt;text-align: right;vertical-align: middle;vertical-align: bottom\">(0.11<\/td>\n<td style=\"width:23.4px;vertical-align: bottom\">)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:249.6px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.94px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.94px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.94px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:23.4px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:249.6px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.94px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.94px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.94px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:23.4px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:249.6px;vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: bottom\">Basic and diluted weighted average common and common equivalent shares<\/td>\n<td style=\"width:7.94px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;border-bottom: double 15px 3pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;border-bottom: double 15px 3pt;text-align: right;vertical-align: middle;vertical-align: bottom\">23,887,718<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;border-bottom: double 15px 3pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;border-bottom: double 15px 3pt;text-align: right;vertical-align: middle;vertical-align: bottom\">20,832,174<\/td>\n<td style=\"width:7.94px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:7.94px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;border-bottom: double 15px 3pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;border-bottom: double 15px 3pt;text-align: right;vertical-align: middle;vertical-align: bottom\">22,419,823<\/td>\n<td style=\"width:8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:8px;border-bottom: double 15px 3pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:71.8px;border-bottom: double 15px 3pt;text-align: right;vertical-align: middle;vertical-align: bottom\">18,696,083<\/td>\n<td style=\"width:23.4px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<\/table>\n<p>\n        <strong><\/p>\n<p>        <\/strong>\n      <\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA4NTQ3OSMzODI1NjQ1IzUwMDA1MDM1MQ==\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Revenue of $12.0M, the Highest Quarterly Revenue for Zoom Telephonics (OTCQB: ZMTP) to Date Boston, MA, Nov. 12, 2020 (GLOBE NEWSWIRE) &#8212; via NewMediaWire &#8212; Zoom Telephonics, Inc. (\u201cZoom\u201d) (OTCQB: ZMTP), the creator of leading cable modems and other Internet access products under the exclusively licensed Motorola\u00ae brand, reported financial results for its 2020 third quarter ended September 30, 2020. Net revenue of $12.0M, the highest quarterly revenue for ZMTP to date, representing an 11% increase compared to the same quarter in 2019, and a 17% increase sequentially from Q2 2020. GAAP Operating Loss of ($332k), or -2.8% of net revenue, representing a ($94k) difference compared to the same quarter in 2019, but a $1.2M improvement sequentially from Q2 2020. &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/zoom-telephonics-reports-third-quarter-2020-results\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Zoom Telephonics Reports Third Quarter 2020 Results&#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-380547","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>Zoom Telephonics Reports Third Quarter 2020 Results - 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\/zoom-telephonics-reports-third-quarter-2020-results\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Zoom Telephonics Reports Third Quarter 2020 Results - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Revenue of $12.0M, the Highest Quarterly Revenue for Zoom Telephonics (OTCQB: ZMTP) to Date Boston, MA, Nov. 12, 2020 (GLOBE NEWSWIRE) &#8212; via NewMediaWire &#8212; Zoom Telephonics, Inc. (\u201cZoom\u201d) (OTCQB: ZMTP), the creator of leading cable modems and other Internet access products under the exclusively licensed Motorola\u00ae brand, reported financial results for its 2020 third quarter ended September 30, 2020. Net revenue of $12.0M, the highest quarterly revenue for ZMTP to date, representing an 11% increase compared to the same quarter in 2019, and a 17% increase sequentially from Q2 2020. GAAP Operating Loss of ($332k), or -2.8% of net revenue, representing a ($94k) difference compared to the same quarter in 2019, but a $1.2M improvement sequentially from Q2 2020. &hellip; Continue reading &quot;Zoom Telephonics Reports Third Quarter 2020 Results&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/zoom-telephonics-reports-third-quarter-2020-results\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-13T01:03:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA4NTQ3OSMzODI1NjQ1IzUwMDA1MDM1MQ==\" \/>\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=\"5 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\\\/zoom-telephonics-reports-third-quarter-2020-results\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/zoom-telephonics-reports-third-quarter-2020-results\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Zoom Telephonics Reports Third Quarter 2020 Results\",\"datePublished\":\"2020-11-13T01:03:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/zoom-telephonics-reports-third-quarter-2020-results\\\/\"},\"wordCount\":929,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/zoom-telephonics-reports-third-quarter-2020-results\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODA4NTQ3OSMzODI1NjQ1IzUwMDA1MDM1MQ==\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/zoom-telephonics-reports-third-quarter-2020-results\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/zoom-telephonics-reports-third-quarter-2020-results\\\/\",\"name\":\"Zoom Telephonics Reports Third Quarter 2020 Results - Market Newsdesk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/zoom-telephonics-reports-third-quarter-2020-results\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/zoom-telephonics-reports-third-quarter-2020-results\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODA4NTQ3OSMzODI1NjQ1IzUwMDA1MDM1MQ==\",\"datePublished\":\"2020-11-13T01:03:12+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/zoom-telephonics-reports-third-quarter-2020-results\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/zoom-telephonics-reports-third-quarter-2020-results\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/zoom-telephonics-reports-third-quarter-2020-results\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODA4NTQ3OSMzODI1NjQ1IzUwMDA1MDM1MQ==\",\"contentUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODA4NTQ3OSMzODI1NjQ1IzUwMDA1MDM1MQ==\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/zoom-telephonics-reports-third-quarter-2020-results\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Zoom Telephonics Reports Third Quarter 2020 Results\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\",\"name\":\"Market Newsdesk\",\"description\":\"Latest Business News in Real Time\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\",\"name\":\"Newsdesk\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"caption\":\"Newsdesk\"},\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/author\\\/newsdesk\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Zoom Telephonics Reports Third Quarter 2020 Results - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/zoom-telephonics-reports-third-quarter-2020-results\/","og_locale":"en_US","og_type":"article","og_title":"Zoom Telephonics Reports Third Quarter 2020 Results - Market Newsdesk","og_description":"Revenue of $12.0M, the Highest Quarterly Revenue for Zoom Telephonics (OTCQB: ZMTP) to Date Boston, MA, Nov. 12, 2020 (GLOBE NEWSWIRE) &#8212; via NewMediaWire &#8212; Zoom Telephonics, Inc. (\u201cZoom\u201d) (OTCQB: ZMTP), the creator of leading cable modems and other Internet access products under the exclusively licensed Motorola\u00ae brand, reported financial results for its 2020 third quarter ended September 30, 2020. Net revenue of $12.0M, the highest quarterly revenue for ZMTP to date, representing an 11% increase compared to the same quarter in 2019, and a 17% increase sequentially from Q2 2020. GAAP Operating Loss of ($332k), or -2.8% of net revenue, representing a ($94k) difference compared to the same quarter in 2019, but a $1.2M improvement sequentially from Q2 2020. &hellip; Continue reading \"Zoom Telephonics Reports Third Quarter 2020 Results\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/zoom-telephonics-reports-third-quarter-2020-results\/","og_site_name":"Market Newsdesk","article_published_time":"2020-11-13T01:03:12+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA4NTQ3OSMzODI1NjQ1IzUwMDA1MDM1MQ==","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/zoom-telephonics-reports-third-quarter-2020-results\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/zoom-telephonics-reports-third-quarter-2020-results\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Zoom Telephonics Reports Third Quarter 2020 Results","datePublished":"2020-11-13T01:03:12+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/zoom-telephonics-reports-third-quarter-2020-results\/"},"wordCount":929,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/zoom-telephonics-reports-third-quarter-2020-results\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA4NTQ3OSMzODI1NjQ1IzUwMDA1MDM1MQ==","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/zoom-telephonics-reports-third-quarter-2020-results\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/zoom-telephonics-reports-third-quarter-2020-results\/","name":"Zoom Telephonics Reports Third Quarter 2020 Results - Market Newsdesk","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/zoom-telephonics-reports-third-quarter-2020-results\/#primaryimage"},"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/zoom-telephonics-reports-third-quarter-2020-results\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA4NTQ3OSMzODI1NjQ1IzUwMDA1MDM1MQ==","datePublished":"2020-11-13T01:03:12+00:00","author":{"@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"breadcrumb":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/zoom-telephonics-reports-third-quarter-2020-results\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.marketnewsdesk.com\/index.php\/zoom-telephonics-reports-third-quarter-2020-results\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/zoom-telephonics-reports-third-quarter-2020-results\/#primaryimage","url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA4NTQ3OSMzODI1NjQ1IzUwMDA1MDM1MQ==","contentUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA4NTQ3OSMzODI1NjQ1IzUwMDA1MDM1MQ=="},{"@type":"BreadcrumbList","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/zoom-telephonics-reports-third-quarter-2020-results\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.marketnewsdesk.com\/"},{"@type":"ListItem","position":2,"name":"Zoom Telephonics Reports Third Quarter 2020 Results"}]},{"@type":"WebSite","@id":"https:\/\/www.marketnewsdesk.com\/#website","url":"https:\/\/www.marketnewsdesk.com\/","name":"Market Newsdesk","description":"Latest Business News in Real Time","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.marketnewsdesk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979","name":"Newsdesk","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","caption":"Newsdesk"},"url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/"}]}},"_links":{"self":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/380547","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/comments?post=380547"}],"version-history":[{"count":0,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/380547\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/media?parent=380547"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/categories?post=380547"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/tags?post=380547"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}