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Note 1 - Organization
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9 Months Ended |
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Oct. 31, 2013
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| Disclosure Text Block [Abstract] | |
| Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block] | 1. Organization Comarco, Inc., through its wholly-owned subsidiary Comarco Wireless Technologies, Inc. (collectively, “we,” “our,” “Comarco,” “us,” or the “Company”), is a developer and designer of innovative technologies and intellectual property currently used in power adapters to power and charge battery powered devices such as laptop computers, tablets, smart phones and readers. Our operations consist solely of the operations of Comarco Wireless Technologies, Inc. (“CWT”), which was incorporated in the state of Delaware in September 1993. Comarco, Inc. was incorporated in California in 1960 and its common stock has been publicly traded since 1971 when it was spun-off from Genge Industries, Inc. Our business has historically targeted the needs of today’s mobile culture by providing innovative charging solutions for the myriad of battery powered devices used by nearly all consumers today. Our innovative technology allows the consumer to charge multiple devices from a single charger, eliminating the need to carry multiple chargers while traveling. This technology was developed by Comarco and we own an extensive patent portfolio related to this technology. Our patent portfolio is the result of years of research and development to provide charging solutions. During the current fiscal year, we have expanded our patent portfolio, while concurrently exploring other ways to capitalize on our patent portfolio. Substantially all of our recent revenue has been derived from a single customer, Lenovo Information Products Co., Ltd. (“Lenovo”). However, as previously announced, Lenovo has terminated its relationship with us (see Note 2 and Note 6). We completed our final shipment of product to Lenovo during the third quarter ended October 31, 2013 and anticipate that we will generate no or de minimus revenue in our fourth quarter ending January 31, 2014. We have effectively ceased traditional operations and are now primarily focused on potentially realizing value from our ongoing litigation matters (see Note 2 and Note 11) and exploring opportunities to expand, protect, and monetize our patent portfolio, including through the potential sale or licensing of our patent portfolio. Regardless of whether we generate significant capital infusions from litigation or from a sale or license of our patent portfolio, we may need to obtain additional debt and/or equity financing to meet our working capital needs. There is no assurance that we will prevail in our litigation, succeed in the sale or licensing of our patent portfolio or raise additional debt and/or equity financing and if we are not successful doing so, we may have to evaluate other alternatives or partially, or entirely, cease our operations. We currently have three employees, two executive officers and an accountant. |