secwatch.observer — SEC 8-K summary
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Issuer:     ACTELIS NETWORKS INC (ASNS)
CIK:        0001141284
Form:       8-K
Filed at:   2025-03-24T23:59:59+00:00
Accession:  0001013762-25-001252
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Actelis Networks FY 2024 revenue up 38% to $7.8M; net loss narrows 30%
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- Revenue $7.8M vs $5.6M in 2023; gross margin improved to 55% from 34%.
- Net loss $4.4M ($0.85 per share) vs $6.3M ($2.57 per share) prior year; loss per share down 67%.
- Non-GAAP EBITDA loss narrowed to $3.5M from $6.1M; operating expenses fell 13%.
- Nearly debt-free with only $0.77M bank credit line remaining; federal/military new orders up 150%.
- New board members Julie Kunstler and Dr. Niel Ransom appointed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1141284/000101376225001252/0001013762-25-001252-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1141284/000101376225001252/ea0233954-8k_actelis.htm
  HTML page:      https://secwatch.observer/filing/0001013762-25-001252

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer