---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-22-015269"
form_type: "8-K"
ticker: "REKR"
cik: "0001697851"
company_name: "Rekor Systems, Inc."
filed_at: "2022-11-14T23:59:59+00:00"
generated_at: "2026-06-21T20:38:43.855030+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Rekor Q3 revenue jumps 184% to $7.4M; net loss of $48M includes $34.8M goodwill impairment

## Summary
- Revenue $7.4M vs $2.6M a year ago; recurring revenue rose to 65% of total from 47%.
- Net loss per share $(0.90) vs $(0.23); adjusted loss per share $(0.17) flat YoY.
- Goodwill impairment charge of $34.8M triggered by market cap decline in Q3.
- Performance obligations rose 27% to $28.6M; contracts won YTD $8.3M, up 14%.
- Adjusted EBITDA loss widened to $(9.2M) from $(6.7M) due to higher OpEx.

## SEC filing metadata
- accession: 0001654954-22-015269
- form_type: 8-K
- ticker: REKR
- cik: 0001697851
- company_name: Rekor Systems, Inc.
- filed_at: 2022-11-14T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1697851/000165495422015269/0001654954-22-015269-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1697851/000165495422015269/rekr_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-22-015269
- JSON: https://secwatch.observer/filing/0001654954-22-015269.json
- Plain text: https://secwatch.observer/filing/0001654954-22-015269.txt

## Key facts
- Earnings Releases
  Rekor Systems, Inc. reported the nine months ended September 30, 2022 results: revenue $15,371,000.
  - Period: the nine months ended September 30, 2022
  - Revenue: $15,371,000
  - Result: reported results
  source text: For the nine months ended September 30, 2022, revenue increased $4,266,000 or 38% to $15,371,000, compared to $11,105,000 for the comparable period in 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1697851/000165495422015269/0001654954-22-015269-index.htm
- Earnings Releases
  Rekor Systems, Inc. reported the three months ended September 30, 2022 results: revenue $7,425,000.
  - Period: the three months ended September 30, 2022
  - Revenue: $7,425,000
  - Result: reported results
  source text: Revenue for the three months ended September 30, 2022, increased $4,810,000 or 184% to $7,425,000, compared to $2,615,000 for the three months ended September 30, 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1697851/000165495422015269/0001654954-22-015269-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.