secwatch.observer — SEC 8-K summary
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Issuer:     Vislink Technologies, Inc. (VISL)
CIK:        0001565228
Form:       8-K
Filed at:   2022-04-01T23:59:59+00:00
Accession:  0001493152-22-008616
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vislink reports FY2021 revenue $33.8M, up 48% YoY; net loss narrows to $15.4M
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- Revenue $33.8M for FY2021 vs $22.9M in 2020 (+48%); Q4 revenue $11M (+64% YoY).
- Gross margin improved to 55.2% from 39.4%; net loss $15.4M ($0.35/share) vs $17.6M ($1.19/share).
- Non-recurring items $13.5M including goodwill write-off and share-based comp ($11.9M) and acquisition fees ($1.6M).
- Cash $36.2M at year-end vs $5.2M in 2020; two consecutive quarters of positive cash flow (excl. non-recurring).
- CEO sees growth opportunities in 5G/AI and MilGov; bookings up over 100% in 2021.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1565228/000149315222008616/0001493152-22-008616-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1565228/000149315222008616/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-008616

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