---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-22-071536"
form_type: "8-K"
ticker: "ASNS"
cik: "0001141284"
company_name: "ACTELIS NETWORKS INC"
filed_at: "2022-11-14T23:59:59+00:00"
generated_at: "2026-06-21T19:28:35.453825+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Actelis Networks Q3 net loss $2.2M, nine-month loss $8.5M vs $1.9M prior year

## Summary
- Q3 revenue $1.35M vs $1.4M YoY; nine-month revenue $6.3M, up 5% YoY.
- Non-GAAP adjusted EBITDA loss of $1.7M in Q3 vs $0.8M loss in 2021; nine-month loss $2.6M.
- Hired Sean Renn as Global VP Marketing and Michael Mercier as Director of ITS Sales.
- Backlog of $3.9M as of Sep 30, 2022; 84% from IoT customers.
- Financial expenses for nine months surged to $4.4M due to fair value changes on convertible instruments.

## SEC filing metadata
- accession: 0001213900-22-071536
- form_type: 8-K
- ticker: ASNS
- cik: 0001141284
- company_name: ACTELIS NETWORKS INC
- filed_at: 2022-11-14T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1141284/000121390022071536/0001213900-22-071536-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1141284/000121390022071536/ea168213-8k_actelisnet.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-22-071536
- JSON: https://secwatch.observer/filing/0001213900-22-071536.json
- Plain text: https://secwatch.observer/filing/0001213900-22-071536.txt

## Key facts
- Earnings Releases
  ACTELIS NETWORKS INC reported the fiscal third quarter ended September 30, 2022 results: revenue $1.35 million.
  - Period: the fiscal third quarter ended September 30, 2022
  - Revenue: $1.35 million
  - Result: reported results
  source text: Revenues for the three months ended September 30, 2022, amounted to $1.35 million, compared to $1.4 million for the three months ended September 30, 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1141284/000121390022071536/0001213900-22-071536-index.htm
- Earnings Releases
  ACTELIS NETWORKS INC reported the first nine months ended September 30, 2022 results: revenue $6.3 million.
  - Period: the first nine months ended September 30, 2022
  - Revenue: $6.3 million
  - Result: reported results
  source text: Revenues for the nine months ended September 30, 2022, amounted to $6.3 million, compared to $6.0 million for the nine months ended September 30, 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1141284/000121390022071536/0001213900-22-071536-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.