Vislink Technologies Inc
For the period ended Dec 31, 2023. Filed Apr 3, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Apr 3, 2024
VISL$2.00-7.0%Stored close · as of Sep 19, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Changes in Stockholders’ Equity
CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS’ EQUITY
(IN THOUSANDS, EXCEPT SHARE DATA)
| Accumulated | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Series A · Additional · Other | |||||||||
| Preferred Stock · Common Stock · Paid In · Comprehensive · Treasury · Accumulated | |||||||||
| Shares | Amount | Shares | Amount | Capital | Income (Loss) | Stock | Deficit | Total | |
| Balance, January 1, 2022,* | — | $— | 2,287,651 | $— | $343,746 | $(297) | $(277) | $(286,539) | $56,633 |
| Net loss | — | — | — | — | — | — | — | (13,540) | (13,540) |
| Unrealized loss on currency translation adjustment | — | — | — | — | — | (1,040) | — | — | (1,040) |
| Issuance of shares of Series A Preferred Stock as dividends for common stock shareholders | 47,419 | (20) | (20) | ||||||
| Issuance of common stock in connection with: | |||||||||
| Satisfaction of accounts payable vendor balance | — | — | 3,870 | — | 54 | — | — | — | 54 |
| Satisfaction of withholding tax upon conversion of restricted stock units | — | — | 17,889 | — | — | — | — | — | — |
| Satisfaction with the conversion of restricted stock units | — | — | 57,952 | — | — | — | — | — | — |
| Stock-based compensation | — | — | — | — | 1,565 | — | — | — | 1,565 |
| Balance, December 31, 2022 | 47,419 | $— | 2,367,362 | $— | $345,365 | $(1,337) | $(277) | $(300,099) | $43,652 |
| Net loss | — | — | — | — | — | — | — | (9,127) | (9,127) |
| Unrealized gain on currency translation adjustment | — | — | — | — | — | 310 | — | — | 310 |
| Elimination of Series A Preferred Stock | (47,419) | — | — | — | — | — | — | — | — |
| Issuance of common stock in connection with: | |||||||||
| Compensation awards for services previously accrued | — | — | 10,000 | — | 200 | — | — | — | 200 |
| Satisfaction of withholding tax upon conversion of restricted stock units | — | — | 14,193 | — | — | — | — | — | — |
| Satisfaction with the conversion of restricted stock unit awards | — | — | 48,368 | — | — | — | — | — | — |
| Stock-based compensation | — | — | — | — | 1,942 | — | — | — | 1,942 |
| Balance, December 31, 2023 | — | $— | 2,439,923 | $— | $347,507 | $(1,027) | $(277) | $(309,226) | $36,977 |
| * | In connection with the reverse stock split implemented by the Company on May 1, 2023, the company’s stock transfer agent calculated a de minimus adjustment to the opening quantity of shares issued. |
|---|
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.