---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-035298"
form_type: "8-K"
ticker: "REKR"
cik: "0001697851"
company_name: "Rekor Systems, Inc."
filed_at: "2024-11-14T23:59:59+00:00"
generated_at: "2026-05-30T00:30:52.289870+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Rekor Q3 revenue up 16% to $10.5M but operating loss widens; targets cost cuts for 2025 cash-flow positive

## Summary
- Q3 revenue $10.5M (+16% YoY); recurring revenue $5.5M (+14% YoY).
- Operating loss $12.9M vs $9.8M; net loss $12.6M; Adjusted EBITDA loss $9.2M.
- Cost optimization plan targeting $15M annual savings; eliminated $20M Yorkville advance option.
- Rekor Discover added to Florida DOT Approved Product List; deployments underway.
- Performance obligations $23.6M, down 11% from Dec 2023.

## SEC filing metadata
- accession: 0001437749-24-035298
- form_type: 8-K
- ticker: REKR
- cik: 0001697851
- company_name: Rekor Systems, Inc.
- filed_at: 2024-11-14T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1697851/000143774924035298/0001437749-24-035298-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1697851/000143774924035298/rekr20241113_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-035298
- JSON: https://secwatch.observer/filing/0001437749-24-035298.json
- Plain text: https://secwatch.observer/filing/0001437749-24-035298.txt

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