Rekor Q1 revenue up 12% to $10.3M; gross margin 53%; EBITDA loss narrows

Rekor Systems, Inc.

• Revenue $10.3M (+12% YoY); gross margin 53% vs 48% in Q1 2025.
• Net loss $9.4M; adjusted EBITDA loss $6.5M, improving from $7.4M YoY.
• Headcount reduced by ~16% (45 positions); operating cash use improved 54% YoY.
• Evaluating refinancing of Prime Revenue Sharing Notes to lower cost of capital.
• GoSecure deterministic video authentication product launching in Q3 2026.

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