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Beamz Interactive Inc (PK:BZIC)

Business Focus: Application Software

Sector:  Technology Industry:  Software
 
See Regulatory Filings on SEC
Company Contact
Address: 11834 N 114th Way
SCOTTSDALE AZ 85259
Tel: N/A
Website: https://beamzinteractive.com
IR: See website
Key People
Charles R. Mollo
Chairman of the Board, Chief Executive Officer
Joan W. Brubacher
President, Chief Financial Officer, Director
Scott Coyle
Vice President - Finance
Albert Ingallinera
Vice President - Product Management and Business Development
   
Business Overview
Beamz Interactive, Inc. is a technology and development company. The Company's products, applications, content, technology and platforms enable it to create interactive music, educational experiences and therapy activities that enable anyone at any age or ability to experience making extraordinary music while simultaneously receiving a variety of learning, physical, cognitive and other therapeutic benefits. Its music & audio management technology, a platform for creating interactive content this enables it to create music-making experiences for engaging education, enjoyable therapy and extraordinary entertainment. Its platforms can be leveraged to easily add content and tailored features for a range of partners and applications. Its Beamz XR Studio is the platform and content creation tool for XR/VR applications; Beamz Studio is the platform and content creation tool for PC & iOS applications. Within healthcare, its products are used in therapy, personal wellness and senior care.
Financial Overview
For the six months ended 31 December 2014, Beamz Interactive Inc revenues increased 5% to $188K. Net loss decreased 57% to $1.6M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Lower net loss reflects General and administrative expenses decrease of 63% to $618K (expense), Research and development expenses decrease of 75% to $144K (expense).