Rekor Systems Inc

For the period ended Jun 30, 2024. Filed Aug 14, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2024 · Filed Aug 14, 2024

REKR$0.32-8.0%Stored close · as of Nov 10, 2026

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Contents

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(Dollars in thousands, except share and per share amounts)

	Three Months Ended June 30,		Six Months Ended June 30,
	2024	2023	2024	2023
Revenue	$12,427	$8,563	$22,205	$14,748
Cost of revenue, excluding depreciation and amortization	5,776	4,131	11,061	6,999
Operating expenses:
General and administrative expenses	7,370	5,873	15,032	13,078
Selling and marketing expenses	2,021	2,053	4,435	3,943
Research and development expenses	4,991	4,783	9,992	9,740
Depreciation and amortization	2,344	2,003	4,676	3,954
Total operating expenses	16,726	14,712	34,135	30,715
Loss from operations	(10,075)	(10,280)	(22,991)	(22,966)
Other income (expense):
(Loss) gain on extinguishment of debt	-	-	(4,693)	527
Interest expense, net	(544)	(908)	(1,598)	(1,668)
Gain on remeasurement of ATD Holdback Shares	745	-	745	-
Other income	79	75	128	312
Total other income (expense)	280	(833)	(5,418)	(829)
Net loss	$(9,795)	$(11,113)	$(28,409)	$(23,795)
Loss per common share	$(0.12)	$(0.18)	$(0.35)	$(0.41)
Weighted average shares outstanding
Basic and diluted	84,932,611	61,816,279	81,929,347	58,353,534

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.