secwatch.observer — SEC 8-K summary
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Issuer:     Odysight.ai Inc. (ODYS)
CIK:        0001577445
Form:       8-K
Filed at:   2026-05-14T20:25:36+00:00
Accession:  0001493152-26-023116
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Odysight.ai Q1 revenue $82K (down 96% YoY); net loss $5.2M; backlog $14M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1577445/000149315226023116/0001493152-26-023116-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1577445/000149315226023116/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-023116

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer