---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-043045"
form_type: "8-K"
ticker: "ASNS"
cik: "0001141284"
company_name: "ACTELIS NETWORKS INC"
filed_at: "2024-05-14T23:59:59+00:00"
generated_at: "2026-06-02T00:18:18.498234+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Actelis Networks Q1 revenue falls 61% YoY to $0.73M; net loss widens to $2.0M

## Summary
- Revenue of $0.73M, down from $1.85M a year ago, due to delayed customer deliveries.
- Net loss of $2.0M compared to $1.9M in Q1 2023; adjusted EBITDA loss of $1.8M.
- Gross margin contracted to 30% from 37%; operating expenses down 20% to $2.09M.
- Secured $2.3M order from Washington D.C. Department of Transportation for smart city upgrades.
- CFO Yoav Efron promoted to Deputy CEO and CFO.

## SEC filing metadata
- accession: 0001213900-24-043045
- form_type: 8-K
- ticker: ASNS
- cik: 0001141284
- company_name: ACTELIS NETWORKS INC
- filed_at: 2024-05-14T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1141284/000121390024043045/0001213900-24-043045-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1141284/000121390024043045/ea020537001-8k_actelis.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-043045
- JSON: https://secwatch.observer/filing/0001213900-24-043045.json
- Plain text: https://secwatch.observer/filing/0001213900-24-043045.txt

## Key facts
- Earnings Releases
  ACTELIS NETWORKS INC reported fiscal first quarter ended March 31, 2024 results: revenue $0.73 million, net income $2.0 million.
  - Period: fiscal first quarter ended March 31, 2024
  - Revenue: $0.73 million
  - Net income: $2.0 million
  - Result: reported results
  source text: reported financial results for the fiscal first quarter ended March 31, 2024. First Quarter 2024 Financial Highlights: ● Strategic shift to IoT sales continues: Revenue at $0.73 million for the first quarter ended March 31, 2024 compared to $1.85 million in the year ago period, driven by delay in customer order delivery to the second quarter of 2024. ● Fixed
  evidence_url: https://www.sec.gov/Archives/edgar/data/1141284/000121390024043045/0001213900-24-043045-index.htm

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