secwatch.observer — SEC 8-K summary
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Issuer:     DUOS TECHNOLOGIES GROUP, INC. (DUOT)
CIK:        0001396536
Form:       8-K
Filed at:   2023-02-07T23:59:59+00:00
Accession:  0001553350-23-000087
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Duos Tech prelim FY22 rev $15.4M (+86% YoY); guides FY23 rev $20-21M
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- FY22 revenue ~$15.4M (+86% YoY), highest annual; Q4 rev ~$6.3M (+71%), highest quarterly.
- Recurring revenue up 25-30% YoY; short-term liquidity $4.5M at year-end vs $2.6M prior year.
- Backlog >$10.7M; expects to recognize $8.4M in 2023.
- FY23 revenue guidance $20-21M, representing 30-36% growth over FY22.
- Final results subject to audit; comprehensive report expected by end of March.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1396536/000155335023000087/0001553350-23-000087-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1396536/000155335023000087/duot_8k.htm
  HTML page:      https://secwatch.observer/filing/0001553350-23-000087

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