secwatch.observer — SEC 8-K summary
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Issuer:     Vislink Technologies, Inc. (VISL)
CIK:        0001565228
Form:       8-K/A
Filed at:   2022-04-06T23:59:59+00:00
Accession:  0001493152-22-009204
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1565228/000149315222009204/0001493152-22-009204-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1565228/000149315222009204/form8-ka.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-009204

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