Niv Nissenson
On March 27, 2024, Niv Nissenson resigned as a director of Omniq Corp (the “Company”).
Highest-materiality recent filing
OMNIQ notes $170B in border security funding driving AI machine vision demand
WSJ reports $170B allocated for immigration/security and $165B for Homeland Security.
OMNIQ Q1 2026 revenue $7.68M, operating loss widens to $1.2M
Revenue $7.68M, down 3.8% from $7.98M in Q1 2025.
OMNIQ Reports 60% Increase in Gross Profit and 98.6% Reduction in Net Loss for 2025
Gross profit reached $9 million for 2025, a 60.5% increase from $5.6 million in 2024.
OMNIQ wins POC contract for AI vehicle inspection in hospitality
New POC contract for AI-driven vehicle damage inspection system; targets hospitality parking operators.
OMNIQ expands AI parking platform across Ohio hospital network after pilot success
Expansion follows pilot at Main and Fairview; PERCS integrated with hospital's WPS parking system.
Fortune 100 tech leader deploys OMNIQ AI-based LPR across Silicon Valley campuses
Customer is a major global tech company with tens of thousands of Silicon Valley employees.
OMNIQ raises $950K via sale of 9.75M shares and pre-funded warrants at $0.10/share
Sold 2,750,000 shares and 6,750,000 pre-funded warrants in a private placement to accredited investors.
OMNIQ reports Q3 2025 revenue $8.8M, gross profit up 50% YoY to $3M, operating loss narrows
Revenue $8.8M vs $9.5M YoY; gross profit rose to $3M from $2M (50% increase).
Wisconsin university selects OMNIQ for AI-based access control across campus
Public research university in Wisconsin deploys OMNIQ's automated access-control technology.
OMNIQ wins expansion of AI access control at Texas medical center
Award covers new lanes and vehicle recognition tech at a Texas Gulf Coast academic medical center.
OMNIQ CEO to present at ThinkEquity Conference on Oct 30, 2025
Chairman & CEO Shai Lustgarten to present at ThinkEquity Conference on October 30, 2025 in New York.
OmniQ shareholders re-elect directors, approve 2025 equity plan; moves HQ to Murray, UT
Directors Lustgarten (4,298,918 for) and Elhanani (4,304,218 for) re-elected; broker non-votes 2,161,348.
OMNIQ announces eight new AI-based mobile license plate recognition deployments nationwide
Eight new MLPI deployments across airports, healthcare systems, and business complexes in 2025.
OMNIQ AI parking platform at CMX airport processes 10K subscriptions, 9K citations in 3 months
System live since Oct 2024 at Houghton County Airport; combines AI machine vision with staff service.
OMNIQ reduces H1 2025 net loss to $34K from $5.1M; revenue falls to $15.7M
Net loss narrowed to $34,000 from $5.1M YoY; loss from operations was ~$678K vs $2.27M.
OMNIQ sells legacy business assets to Summit Junction Holdings for $45M; to focus on AI/automation
Aggregate consideration of ~$45M includes assumption of up to $55M liabilities and $10M promissory note; contingent payment of up to $10M possible.
OmniQ Q1 revenue up 8.7% to $19.9M; net loss steady at $2.1M
Revenue $19.9M (+8.7% YoY); net loss unchanged $2.1M; EPS loss -$0.20.
OMNIQ reports 2024 revenue of $73M; operating loss narrows 74% to $6.9M
Revenue of $73.6M in 2024, down 9% from $81.2M; gross profit stable at $15.4M (21% margin).
OMNIQ receives $4.4M purchase order for ruggedized mobile computers from major logistics provider
Order from an LTL leader with locations in 13 states; six-year collaboration.
Omniq Corp. directors Yaron Shalem and Mina Teicher resign; Guy Elhanani named audit committee chair
Yaron Shalem and Mina Teicher resign from board effective January 31, 2025, citing support for cost-cutting initiatives.
OMNIQ secures $1M in purchase orders from logistics/manufacturing partner
$1M in new purchase orders for AI-powered hardware and service agreements from a long-term logistics/manufacturing partner.
Omniq receives $3.6M purchase order from Fortune 500 retailer in Q4
Q4 purchase order of $3.6M from a leading retail company for IoT equipment.
omniQ Q3 revenue $18.5M (+7.6% YoY), net loss narrows 63% to $1.6M
Revenue $18.5M vs $17.2M in Q3 2023, 7.57% YoY growth.
OMNIQ receives $3.4M in purchase orders from longtime retail customer
Total of $3.4 million in new purchase orders from a longstanding retail client.
OMNIQ schedules Q3 2024 earnings release for Nov 14 after market close, call Nov 15
Earnings release after market close Thursday, November 14, 2024.
OMNIQ secures $1.4M contract renewal with Fortune 500 3PL provider
$1.4M contract renewal with a Fortune 500 3PL (annual revenue >$11B) for IoT devices and subscriptions.
OMNIQ to present at ThinkEquity Investors Conference on Oct 30
CEO Shai Lustgarten will present the company's AI and machine vision solutions at the conference in New York.
OMNIQ expands NEC collaboration; completes homeland security project, new orders
Completed a vital homeland security project with NEC, strengthening national safety role.
OMNIQ secures over $1M in new purchase orders from long-term bioscience partner
New orders total over $1M from a customer with a 20-year partnership; includes legacy equipment refresh and new scanners.
OMNIQ receives $2.5M purchase order from decade-long retail partner for IoT printers
Order received August 26, 2024 from a major retail chain; partnership spans over a decade.
OMNIQ announces collaboration agreement with SHVA to enhance fintech capabilities
Collaboration agreement with SHVA, Israel's premier payment processor processing millions of transactions monthly.
OMNIQ forms strategic alliance with Ingenico for fintech solutions
Non-exclusive agreement combines OMNIQ's AI-driven fintech software with Ingenico's payment solutions.
OMNIQ reports Q2 2024 revenue of $19.1M, gross margin improves to 26%
Q2 2024 revenue $19.1M, up 4% sequentially from $18.3M in Q1 2024.
OMNIQ schedules Q2 2024 earnings release after market close Aug 14, call Aug 15
Earnings release due after market close on August 14, 2024.
Deployed AI parking access control at a second major medical center in Texas in partnership with WPS.
OmniQ expands AI parking access control to second major medical center in Texas
Deployment at a second major medical center in Texas, following a recent Ohio deployment.
OMNIQ deploys AI parking control solution at major Ohio medical center
Deployed PERCS AI parking control system at a prominent Ohio medical center.
OMNIQ uplists common stock from OTC Pink to OTCQB Venture Market
Uplisting to OTCQB effective immediately under ticker OMQS; previously traded on OTC Pink Market.
OMNIQ delisted from NASDAQ for failing $35M market cap; now trading on OTC Pink
Stock transitioned from NASDAQ to OTC Markets effective May 7, 2024, due to not meeting $35M minimum market value requirement.
OmniQ Q1 2024 revenue up 14% QoQ to $18.3M, gross margin record 28%, losses narrow
Q1 revenue $18.3M, up 14% from Q4 2023; record gross margin 28% vs 21% YoY and 13% in Q4 2023.
Nasdaq determines to delist OMNIQ common stock; trading suspended May 7, 2024
Nasdaq Panel notified OMNIQ on May 3, 2024, of delisting decision; shares suspended at open on May 7.
OMNIQ announces AI vehicle recognition system upgrade at DFW Airport, extending decade-long deal
Upgrades AI-based vehicle recognition and analytics at DFW, the world's third busiest airport, serving 73M+ passengers annually.
OMNIQ awarded follow-on purchase order for AI machine vision system in homeland security project
Follow-on order from top defense authority for AI-based terror prevention in sensitive zone outside U.S.
OMNIQ launches seeQ device management software for AI machine vision solutions
seeQ app manages device health, remote troubleshooting, continuous operation across 500 lane sites.
OMNIQ gets purchase order from Israel's largest energy company for self-service kiosks
Customer is Israel's largest energy company, serving ~2.5M households and businesses.
OmniQ shareholders approve board, auditor, stock increase, and equity plan at 2024 annual meeting
All five director nominees elected: Shai Lustgarten (3,204,598 for), Mina Teicher, Yaron Shalem, Guy Elhanani, Israel Singer.
Omniq director Niv Nissenson resigns ahead of annual stockholders meeting
Niv Nissenson resigned as director on March 27, 2024.
OMNIQ reports FY 2023 revenue of $81.1M, down 19.6% YoY; net loss widens to $29.4M
FY 2023 revenue $81.1M, down from $100.8M in 2022; net loss $29.4M ($3.45/share) vs $13.6M loss prior year.
OMNIQ receives purchase order from Nestle for rugged IoT equipment at logistics center
Nestle, $93B revenue and $275B market cap food & beverage giant, orders OMNIQ rugged forklift-mounted computers and barcode readers.
OMNIQ contracted by SPAR for self-checkout and ESL systems in new Israeli market
SPAR operates 13,900+ stores in 49 countries; serves 14.7M customers daily.
On March 27, 2024, Niv Nissenson resigned as a director of Omniq Corp (the “Company”).
Max materiality 0.90 · Median 0.60 · Most common event other_material