Odysight.ai Q1 2024 net loss $3.2M; backlog $3.5M; defense orders highlight growth

Odysight.ai Inc.

2024-Q1 EPS reported $0.30 revenue$187,000

GAAP net loss $3.2M and non-GAAP net loss $2.7M for Q1 2024, compared to $2.7M GAAP loss in Q1 2023.
Cash and short-term deposits $15.6M as of March 31, 2024; no revenue disclosed.
Backlog exceeds $3.5M; received >$1M purchase order from international defense contractor for SH-60 Seahawk PdM system.
Appointment of Einav Brenner as Chief Financial Officer.
Strategic collaboration with Israeli Ministry of Defense for PdM system on AH-64 Apache attack helicopter prototype.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Odysight.ai Inc. reported first quarter 2024 results: net income GAAP net loss of $3.2 million.

Period: first quarter 2024
Net income: GAAP net loss of $3.2 million
Result: reported results

Exact text from the filing

announced financial results for the three months ended March 31, 2024

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Odysight.ai Inc. filing history →

Source: SEC EDGAR

accession 0001493152-24-020134

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