secwatch.observer — SEC 8-K summary
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Issuer:     DUOS TECHNOLOGIES GROUP, INC. (DUOT)
CIK:        0001396536
Form:       8-K
Filed at:   2025-04-02T23:59:59+00:00
Accession:  0001079973-25-000588
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Duos Technologies reports Q4 net loss $3.41M; guides FY2025 revenue $28-30M (up ~300%)
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- Q4 2024 revenue $1.46M (-4% YoY); net loss $3.41M vs $3.16M in Q4 2023.
- FY2024 revenue $7.28M (-3%); net loss $10.76M, improved from $11.24M in 2023.
- Signed up-to-$42M Asset Management Agreement with New APR Energy; secured $5M advance payment.
- Backlog of $50.5M at year-end; FY2025 revenue guidance of $28M-$30M (285-312% increase).
- Cash $6.27M at Dec 31, 2024; raised ~$3.8M via ATM in early 2025 at avg $6.24/share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1396536/000107997325000588/0001079973-25-000588-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1396536/000107997325000588/duot_8kv2.htm
  HTML page:      https://secwatch.observer/filing/0001079973-25-000588

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