Vislink FY2024 net loss widens to $20.5M; Q4 revenue plunges to $3.4M

Vislink Technologies, Inc.

Full-year 2024 revenue $27.7M (up 1% YoY); net loss $(20.5)M vs $(9.1)M in 2023.
Q4 2024 revenue $3.4M, down ~52% from Q3; gross margin -1% (adjusted 8.8%).
Cash & short-term investments fell to $6.5M from $9.2M at end of Q3 2024.
Restructuring expects $10M annual savings; voluntarily delisted from Nasdaq to reduce expenses.
MilGov orders multimillion-dollar; new SLAs generating >$900K recurring revenue.

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