Rekor Systems, Inc.

For the period ended Jun 30, 2025. Filed Aug 12, 2025.

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, 2025 · Filed Aug 12, 2025

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,
	2025	2024	2025	2024
Revenue	$12,359	$12,427	$21,557	$22,205
Cost of revenue, excluding depreciation and amortization	6,245	5,776	11,006	11,061
Operating expenses:
General and administrative expenses	6,936	7,370	14,222	15,032
Selling and marketing expenses	1,700	2,021	3,457	4,435
Research and development expenses	3,652	4,991	7,629	9,992
Depreciation and amortization	1,561	2,344	3,117	4,676
Total operating expenses	13,849	16,726	28,425	34,135
Loss from operations	(7,735)	(10,075)	(17,874)	(22,991)
Other income (expense):
Loss on extinguishment of debt	-	-	-	(4,693)
Interest expense, net	(586)	(544)	(1,176)	(1,598)
(Loss) gain on remeasurement of ATD Holdback Shares	-	745	(120)	745
Other (expense) income	(337)	79	(362)	128
Total other (expense) income, net	(923)	280	(1,658)	(5,418)
Net loss	$(8,658)	$(9,795)	$(19,532)	$(28,409)
Loss per common share	$(0.07)	$(0.12)	$(0.17)	$(0.35)
Weighted average shares outstanding
Basic and diluted	117,435,953	84,932,611	112,459,949	81,929,347

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.