Rekor Systems, Inc.

For the period ended Sep 30, 2025. Filed Nov 13, 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.

Sep 30, 2025 · Filed Nov 13, 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 September 30,		Nine Months Ended September 30,
	2025	2024	2025	2024
Revenue	$14,194	$10,546	$35,751	$32,751
Cost of revenue, excluding depreciation and amortization	5,195	5,903	16,200	16,964
Operating expenses:
General and administrative expenses	6,299	8,637	20,519	23,669
Selling and marketing expenses	1,465	1,721	4,923	6,156
Research and development expenses	3,660	4,740	11,289	14,732
Depreciation and amortization	1,545	2,399	4,662	7,075
Total operating expenses	12,969	17,497	41,393	51,632
Loss from operations	(3,970)	(12,854)	(21,842)	(35,845)
Other income (expense):
Loss on extinguishment of debt	-	-	-	(4,693)
Interest expense, net	(568)	(496)	(1,744)	(2,094)
Gain (loss) on remeasurement of ATD Holdback Shares	-	192	(120)	937
Loss on offering costs - Prepaid Advance	-	(888)	-	(888)
Gain on the sale of Global Public Safety	-	1,500	-	1,500
Other (expense) income	389	(100)	25	28
Total other (expense) income, net	(179)	208	(1,839)	(5,210)
Net loss	$(4,149)	$(12,646)	$(23,681)	$(41,055)
Loss per common share	$(0.03)	$(0.14)	$(0.20)	$(0.49)
Weighted average shares outstanding
Basic and diluted	125,639,665	89,285,197	116,906,389	84,397,568

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.