Highest-materiality recent filing
Duos Technologies raises ~$55M in registered direct offering of stock and warrants
Gross proceeds ~$55M from 2M shares and 3.8M pre-funded warrants at $9.50 each.
Duos subsidiary obtains $98.1M 3-year debt facility from USD.AI for NVIDIA B300 GPUs
Edge GPU secured $98.1M asset-based financing with a three-year term from USD.AI.
Duos Technologies CFO Leah Brown steps down; Adrian Goldfarb named Interim CFO
Leah Brown resigned as CFO effective June 8, 2026, reverting to Senior VP of Accounting.
Duos Tech annual meeting: all five director nominees elected, auditor ratified
Directors elected: Ferry (17.3M for), Lonegro (12.3M), Mavrommatis (12.5M), Nixon (12.9M), James (17.4M).
Duos Technologies receives $50.4M from New APR asset sale, $9.9M escrow
Net proceeds of approximately $50.4 million from sale of substantially all assets of New APR Energy.
Duos Technologies elects CEO Douglas Recker to Board of Directors
Douglas Recker elected to Board effective May 14, 2026; he has been CEO since Apr 1, 2026 and President since Sep 2025.
Q1 2026 revenue $2.72M vs $4.95M YoY; net loss $3.49M vs $2.08M loss in Q1 2025.
Duos Technologies appoints Douglas Recker CEO; Charles Ferry resigns
Douglas Recker appointed CEO effective April 1, 2026; Charles Ferry resigned as CEO but remains a director.
Duos achieves record 2025 revenue of $27M, guides 2026 revenue above $50M
Full-year 2025 revenue $27.02M (up 271% YoY); net loss $9.84M vs $10.76M in 2024.
Duos Technologies signs $176M GPUaaS contract; $18M prepayment, 80%+ margins
$176M GPUaaS contract over 36 months; $18M customer prepayment at inception.
Duos Technologies reports FY2025 net loss of $9.5M on revenue of $28.2M
Preliminary unaudited full-year revenue $28,156,000; net loss $9,508,000 ($0.62 per share).
Duos Technologies prices $65M public offering of 8.67M shares at $7.50/share
Gross proceeds ~$65M from 8,666,666 shares at $7.50/share; underwriter 30-day option for 1,299,999 additional.
Douglas Recker appointed CEO, effective Apr 1, 2026; Charles Ferry resigns as CEO, remains as director.
Duos Technologies enters CFO employment agreement with Leah F. Brown; $250K salary, 150K RSUs
Three-year term starting Nov 16, 2025, with automatic one-year renewals unless 60-day notice given.
CFO Adrian Goldfarb retires; Leah Brown appointed as new CFO effective Nov 15, 2025
Adrian Goldfarb retired as CFO effective Nov 15, 2025; will remain as strategic advisor to CEO.
Duos Tech Q3 revenue $6.88M (+112% YoY); CFO Adrian Goldfarb steps down, Leah Brown appointed
Total revenue $6.88M in Q3 2025, up 112% YoY; AMA with New APR drove services revenue of $6.59M.
Duos Tech reports H1 2025 net loss of $5.6M; targets 200 Edge Data Centers by 2028
H1 2025 revenue $10.7M, net loss $5.6M ($0.48 loss per share).
Duos Technologies appoints Doug Recker as President; COO resigns
Doug Recker appointed President effective Sept 15, 2025; previously President of Duos Edge AI subsidiary.
Duos Technologies appoints data center industry leader Brian J. James to Board of Directors
Brian J. James elected to Board effective September 5, 2025; qualifies as independent under NASDAQ rules.
Duos closes over-allotment, raises additional $4.7M from August offering
Underwriter exercised over-allotment in full for 838,851 shares at $6.00 per share.
Duos Q2 revenue surges 280% to $5.74M; reaffirms FY guidance $28-$30M
Revenue $5.74M for Q2 2025, up 280% YoY; driven by AMA with New APR Energy and edge computing services.
Duos Technologies prices $36.9M public offering; upsized and oversubscribed
Priced 6,666,667 shares at $6.00 each for gross proceeds of ~$36.9M; upsized and oversubscribed.
Duos Technologies annual meeting results: all director nominees elected, auditor ratified
Elected directors Charles P. Ferry, Frank A. Lonegro, Ned Mavrommatis, James Craig Nixon for one-year terms.
Duos Technologies increases ATM capacity by $10.5M to a total of $18M
Second Amendment to ATM Sales Agreement with Ascendiant Capital Markets increases shelf capacity by $10.5M.
Duos Tech Q1 revenue $4.95M (+363% YoY); net loss narrows to $2.08M; reiterates FY2025 rev $28-30M
Revenue $4.95M vs $1.07M Q1 2024; services/consulting $4.89M driven by $3.9M from New APR Energy AMA.
Duos Technologies elects James Craig Nixon as Chairman of the Board
James Craig Nixon elected Chairman of the Board on May 13, 2025.
Duos Technologies upsizes ATM equity facility by $8.85M; files prospectus supplement
Amendment dated April 14, 2025 upsizes ATM offering by $8.85M; sales agent Ascendiant Capital Markets.
Chairman Kenneth Ehrman resigns from Duos Technologies Board
Kenneth Ehrman resigned as Chairman and director effective April 9, 2025.
Duos Technologies reports Q4 net loss $3.41M; guides FY2025 revenue $28-30M (up ~300%)
Q4 2024 revenue $1.46M (-4% YoY); net loss $3.41M vs $3.16M in Q4 2023.
CEO Charles Ferry: base salary $400K, annual bonus up to 100%, 522,889 restricted shares.
Duos Technologies presents at Microcap Conference; provides revenue projections for 2025-2027
Presented at Microcap Conference 2025 on Jan 30; materials furnished in 8-K.
Duos closes asset management deal with Fortress; estimated $42M revenue over two years
Duos Energy will deploy/operate 30 mobile gas turbines (850 MW capacity) acquired by Fortress-affiliated buyer.
Duos Technologies Q3 revenue up 112% to $3.24M; net loss narrows 53% to $1.4M
Revenue $3.24M vs $1.53M YoY; recurring services up 88% to $1.55M.
Duos signs $42M asset management deal with Fortress for 850 MW gas turbine fleet
Two-year Asset Management Agreement valued at $42M to deploy and operate 850 MW of mobile gas turbines.
Duos Technologies leases three Edge Data Centers for Texas deployment; targets 15 units by end-2025
Master Lease for three Edge Data Centers with monthly payments: $3,900 (months 1-6), then $43,981 (months 7-66), purchase option for $1.
Duos Technologies 2024 annual meeting approves all five proposals
All five director nominees elected: Ferry, Ehrman, Lonegro, Mavrommatis, Nixon each received >3.99M votes for.
Issued 344,644 shares to 21 April Entities upon exercise of warrants at reduced price of $2.61/share, raising $899,520.84.
Duos Technologies presents at 2024 Gateway Conference on Sept 4
Presentation on Sept 4, 2024 at 11:30 a.m. PT / 2:30 p.m. ET.
Duos Tech Q2 revenue $1.51M (-15% YoY), net loss $3.2M; backlog $19.6M, recurring revenue up 38%
Total revenue $1.51M in Q2 2024, down 15% from $1.77M in Q2 2023; technology systems revenue fell to $265K.
Duos Technologies subsidiary raises $2.2M in secured notes; issues 300,000 warrants at $3.00
Edge AI subsidiary issued $2.2M secured notes to two institutional investors; 10% interest, maturity Dec 31, 2025.
Signed strategic partnership with a Class 1 railroad for subscription-based railcar inspection, expanding recurring revenue.
Duos Technologies signs 5-year data subscription agreement with Class 1 railroad for 7 RIPs
Signed amendment to Master Material and Service Purchase Agreement with Class 1 railroad, effective June 1, 2024.
Duos Technologies enters $7.5M ATM equity offering with Ascendiant Capital Markets
Entered ATM Sales Agreement with Ascendiant Capital Markets to sell up to $7.5M of common stock.
Duos Technologies Q1 revenue drops 60% to $1.07M, net loss widens to $2.75M
Revenue fell 60% YoY to $1.07M; net loss $2.75M vs $2.14M in Q1 2023.
Duos Technologies re-appoints Adrian Goldfarb as CFO after Andrew Murphy departs for another company
CFO Andrew Murphy departed to become CFO at another company; Adrian Goldfarb re-appointed effective Apr 29, 2024.
Duos issues additional Series D Preferred for $250K in private placement
On April 3, 2024, Duos sold 250 shares of Series D Convertible Preferred Stock at $1,000/share for $250K proceeds.
Duos Technologies Q4 revenue down 74% YoY to $1.53M; net loss $3.16M
Q4 revenue $1.53M, down 74% YoY; net loss $3.16M vs $952K loss in Q4 2022.
Duos Technologies raises $2.625M via Series D and Series E convertible preferred stock
Issued 500 shares of Series D Convertible Preferred Stock for $500,000 proceeds.
Duos Technologies enters new employment agreement with CFO Andrew W. Murphy; base salary $224,720.
Base salary of $224,720 per year; term through March 31, 2025 with auto-renewal.
Duos Tech Q3 revenue drops 62% to $1.53M, net loss widens; withdraws 2023 guidance
Revenue $1.53M (-62% YoY); net loss $2.95M vs $1.93M loss in Q3 2022.
Leah Brown, the Company’s Chief Financial Officer, resumed her previous position as Senior Vice President of Accounting.
Also effective June 8, 2026, Adrian Goldfarb has been appointed Interim Chief Financial Officer.
On May 14, 2026, the Board of Directors (the “Board”) of Duos Technologies Group, Inc. (the “Company”) elected Douglas Recker as a member of the Board, effective immediately.
On April 9, 2025, Kenneth Ehrman resigned as Chairman and as a director of Duos Technologies Group, Inc. (the “Company”).
Effective January 1, 2025, the Company appointed Christopher King as Chief Operating Officer.
On April 30, 2024, Duos Technologies Group, Inc. (the “Company”) announced the re-appointment of Adrian G. Goldfarb as Chief Financial Officer, effective April 29, 2024, following the departure of Andrew W. Murphy.
following the departure of Andrew W. Murphy, who has been recruited by another company to serve as their Chief Financial Officer.
On July 19, 2023, the Board of Directors (the 'Board') of Duos Technologies Group, Inc. (the 'Company') elected Frank Lonegro as a member of the Board, effective immediately.
On December 31, 2022, Connie L. Weeks retired as Chief Accounting Officer of Duos Technologies Group, Inc. (the “Company”).
On November 28, 2022, Edmond L. Harris resigned as a director of Duos Technologies Group, Inc.
Max materiality 0.90 · Median 0.60 · Most common event other_material