R & D Spending History

Year Technology Energy Density Recharge Self Discharge Recharge Time

2013 NiMH $0.0M $0.0M $0.0M $0.0M
UC $0.0M $0.0M $0.0M $0.0M
2014 NiMH $0.0M $0.0M $0.0M $0.0M
UC $0.0M $0.0M $0.0M $0.0M
2015 NiMH $0.0M $0.0M $0.0M $0.0M
UC $0.0M $0.0M $0.0M $0.0M
2016 NiMH $0.0M $0.0M $0.0M $0.0M
UC $0.0M $0.0M $0.0M $0.0M
2017 NiMH $0.0M $0.0M $0.0M $0.0M
UC $0.0M $0.0M $0.0M $0.0M
2018 NiMH $0.0M $0.0M $0.0M $0.0M
UC $0.0M $0.0M $0.0M $0.0M
2019 NiMH $0.0M $0.0M $0.0M $0.0M
UC $0.0M $0.0M $0.0M $0.0M
2020 NiMH $0.0M $0.0M $0.0M $0.0M
UC $0.0M $0.0M $0.0M $0.0M
Process Improvement
$3.0M
$4.0M
$4.0M
$4.0M
$4.0M
$4.0M
$3.0M
$3.0M
$2.0M
$3.0M
$1.0M
$2.0M
$2.0M
$1.0M
$1.5M
$0.5M
 Sales Forecast History
Year NiMH Ultracapacitor
Forecast Sales Actual Sales Sales Variance Forecast Sales Actual Sales
2013 - 3 18.0M 25.4M 41.30% 2.0M 3.7M
2014 - 4 23.0M 26.0M 13% 3.0M 2.3M
2015 - 5 23.0M 17.2M -25.30% 1.8M 2.2M
2016 - 6 15.5M 17.8M 15.10% 2.0M 2.5M
2017 - 7 16.0M 13.8M -13.80% 2.2M 1.6M
2018 - 8 11.0M 17.7M 61.30% 1.0M 2.4M
2019 - 9 16.0M 16.9M 5.80% 2.0M 3.0M
2020 - 10 16.9M 17.3M 2.40% 3.0M 2.9M
capacitor
Sales Variance
85.60%
-23%
20.70%
24.60%
-28.30%
141.40%
48.20%
-2.30%
 Price History
Year NiMH Ultracapacitor
Price Variable Cost Price Variable Cost
2013 $10.00 $6.22 $20.00 $24.36
2014 $10.00 $5.97 $23.00 $23.83
2015 $10.00 $5.45 $23.00 $22.85
2016 $8.90 $4.28 $23.00 $21.31
2017 $8.20 $4.16 $23.00 $16.59
2018 $6.50 $4.13 $21.00 $13.93
2019 $6.50 $4.09 $20.00 $12.58
2020 $6.50 $4.06 $20.00 $12.27
 Sales Variance
Year NiMH Ultracapacitor
Pro Forma Sales Actual Sales Sales Variance Pro Forma Sales
2010 12.5M 12.5M -0.10% 2.9M
2011 12.5M 16.5M 32.10% 2.9M
2012 16.5M 21.3M 29.20% 3.3M
2013 18.0M 25.4M 41.30% 2.0M
2014 23.0M 26.0M 13% 3.0M
2015 23.0M 17.2M -25.30% 1.8M
2016 15.5M 17.8M 15.10% 2.0M
2017 16.0M 13.8M -13.80% 2.2M
2018 11.0M 17.7M 61.30% 1.0M
2019 16.0M 16.9M 5.80% 2.0M
2020 16.9M 17.3M 2.40% 3.0M
Ultracapacitor
Actual Sales Sales Variance
2.9M 0%
3.3M 12.10%
3.5M 6.10%
3.7M 85.60%
2.3M -23%
2.2M 20.70%
2.5M 24.60%
1.6M -28.30%
2.4M 141.40%
3.0M 48.20%
2.9M -2.30%
 Unit Sales
Year NiMH Ultraca
Power Tools Two Way Radios Power Packs Total Power Tools
2010 7.5M 4.6M 0.4M 12.5M 0.4M
2011 10.9M 5.1M 0.5M 16.5M 0.5M
2012 15.2M 5.6M 0.5M 21.3M 0.6M
2013 18.9M 5.8M 0.7M 25.4M 0.6M
2014 19.3M 5.8M 0.8M 26.0M 0.4M
2015 10.5M 5.6M 1.0M 17.2M 0.2M
2016 11.1M 5.4M 1.3M 17.8M 0.5M
2017 7.6M 5.2M 1.0M 13.8M 0.2M
2018 11.1M 4.9M 1.7M 17.7M 0.4M
2019 10.2M 4.7M 2.0M 16.9M 0.6M
2020 10.3M 4.6M 2.4M 17.3M 0.6M
 Ultracapacitor
Two Way Radios Power Packs Total
1.8M 0.7M 2.9M
2.0M 0.7M 3.3M
2.1M 0.8M 3.5M
2.2M 0.9M 3.7M
1.4M 0.6M 2.3M
1.4M 0.6M 2.2M
1.3M 0.7M 2.5M
1.3M 0.1M 1.6M
1.8M 0.2M 2.4M
2.1M 0.3M 3.0M
2.1M 0.3M 2.9M