earnings
confidence high
sentiment positive
materiality 0.70
BIO-key Q1 revenue up 34% to $2.15M, net loss narrows to $(165K); sees Q2 profitability on 65% revenue jump
BIO KEY INTERNATIONAL INC
- Q1 2026 revenue $2.15M (+34% YoY); net loss improved to $(165K) from $(737K) in Q1 2025.
- Gross margin 82%; cash $2.24M at quarter end; EPS $(0.15) post-reverse split.
- Q2 2026 revenue guided ~$2.8M (+65% YoY); expects H1 2026 profitability vs H1 2025 net loss of $(1.9M).
- Secured $1.04M license renewal with foreign bank; defense sales surpassed $2M in trailing twelve months.
- Shares suspended from Nasdaq, now trading OTC under BKYI; company working to return to Nasdaq.
item 2.02item 9.01