secwatch.observer — SEC 8-K summary
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Issuer:     DUOS TECHNOLOGIES GROUP, INC. (DUOT)
CIK:        0001396536
Form:       8-K
Filed at:   2026-05-19T20:30:15+00:00
Accession:  0001079973-26-000696
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Duos Q1 revenue down 45% to $2.72M, net loss $3.49M; reaffirms FY2026 $50M target on $176M Hydra Host contract
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- Q1 2026 revenue $2.72M vs $4.95M YoY; net loss $3.49M vs $2.08M loss in Q1 2025.
- Adjusted EBITDA negative ($1.5 million); company expects positive adjusted EBITDA in H2 2026.
- Reaffirms FY2026 revenue target above $50M, supported by $176M GPUaaS contract with Hydra Host (36-month term, margins >80%).
- Completed $65M capital raise in March; cash $33M plus $15M customer prepayment received post-quarter.
- Planned divestiture of legacy rail inspection business expected to finalize in H2 2026; 8 new Technology Solutions customers added.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1396536/000107997326000696/0001079973-26-000696-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1396536/000107997326000696/duot_8k.htm
  HTML page:      https://secwatch.observer/filing/0001079973-26-000696

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