Vislink corrects FY2021 results; deferred tax liability adjustment increases goodwill impairment

Vislink Technologies, Inc.

Revenue $33.8M for FY2021 vs $22.9M prior year; gross margin 55.2% (vs 39.4%).
Net loss attributable to common shareholders $16.4M ($0.38 loss per share) vs $17.6M loss ($1.19 loss per share) prior year.
Correction establishes deferred tax liability from Mobile Viewpoint acquisition, increasing goodwill impairment.
Non-recurring items $14.5M of net loss, including $12.9M in non-cash goodwill impairment and share-based compensation.
Cash at Q4 2021 end $36.2M, up from $5.2M a year ago.

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