{"schema_version":"secwatch.filing_event.v1","accession":"0001079973-24-000704","form_type":"8-K","ticker":"DUOT","cik":"0001396536","company_name":"DUOS TECHNOLOGIES GROUP, INC.","filed_at":"2024-05-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.229532+00:00","generated_at":"2026-06-02T00:33:24.446869+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Duos Technologies Q1 revenue drops 60% to $1.07M, net loss widens to $2.75M","bullets":["Revenue fell 60% YoY to $1.07M; net loss $2.75M vs $2.14M in Q1 2023.","Backlog and near-term renewals exceed $10M; expects $7M recognized in rest of 2024.","Received $2.7M award for new Railcar Inspection Portal in industrial application; total RIP patents now 10.","Formed Duos Edge AI subsidiary to build Edge Data Centers; negotiating with telecom companies for AI/5G.","Cash and equivalents $2.98M plus $1.5M receivables; management expects revenue ramp in second half."],"urls":{"canonical":"https://secwatch.observer/filing/0001079973-24-000704","json":"https://secwatch.observer/filing/0001079973-24-000704.json","markdown":"https://secwatch.observer/filing/0001079973-24-000704.md","text":"https://secwatch.observer/filing/0001079973-24-000704.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1396536/000107997324000704/0001079973-24-000704-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1396536/000107997324000704/duot_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T00:33:24.446869+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0f04615217bc4571e8ffe24975505ca0993095be","claim":"DUOS TECHNOLOGIES GROUP, INC. reported first quarter Q1 2024 ended March 31, 2024 results: revenue $1.07 million, net income Net loss for Q1 2024 totaled $2.75 million. Guidance reaffirmed.","evidence_excerpt":"Total revenues for Q1 2024 decreased 60% to $1.07 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1396536/000107997324000704/0001079973-24-000704-index.htm","confidence":0.92,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter Q1 2024 ended March 31, 2024"},{"label":"Revenue","value":"$1.07 million"},{"label":"Net income","value":"Net loss for Q1 2024 totaled $2.75 million"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}