earnings
confidence high
sentiment negative
materiality 0.70
Odysight.ai Q1 revenue $82K (down 96% YoY); net loss $5.2M; backlog $14M
Odysight.ai Inc.
2026-Q1 EPS reported
-$0.32
revenue$82,000
- Revenue $82K vs $2.1M YoY; Q1 2025 included $1.7M contract liability derecognition from Fortune 500 medical customer.
- Net loss $5.2M vs $4.3M YoY; operating expenses $5.4M, up from $5.1M driven by global sales expansion.
- Backlog $14M as of March 31, 2026; cash $21.8M, debt-free.
- Received two pilot orders from major defense customer for combat helicopter and airborne weapons system; active deployment.
- Entered CRADA with US Naval Air Warfare Center for AI-driven visual sensing on carrier arresting cables; set to deliver in months.
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