Vislink Technologies Inc

For the period ended Dec 31, 2023. Filed Apr 3, 2024.

About 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

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Contents

Consolidated Statements of Operations and Comprehensive Loss

(IN THOUSANDS, EXCEPT NET LOSS PER SHARE DATA)

	For the Years Ended
	December 31,
	2023	2022
Revenue, net	$27,482	$28,131
Cost of revenue and operating expenses
Cost of components and personnel	13,380	15,204
Inventory valuation adjustments	487	2,930
General and administrative expenses	19,376	18,195
Research and development	3,493	4,058
Impairment of right-of-use assets	83	88
Depreciation and amortization	1,261	1,722
Total cost of revenue and operating expenses	38,080	42,197
Loss from operations	(10,598)	(14,066)
Other income (expenses)
Unrealized gain on investments in debt securities held to maturity	68	—
Realized loss on investments in debt securities	(82)	—
Gain on settlement of debt	—	46
Other income	332	303
Dividend income	375	—
Interest income (expense), net	560	(38)
Total other income	1,253	311
Net loss before income taxes	(9,345)	(13,755)
Income taxes
Deferred tax benefits	218	215
Net loss	(9,127)	(13,540)
Dividends	—	(20)
Net loss attributable to common shareholders	$(9,127)	$(13,560)
Net loss per share attributable to Common Shareholders:
Basic and diluted loss per share	$(3.83)	$(5.81)
Weighted average number of shares outstanding:
Basic and diluted	2,381	2,335
Comprehensive loss:
Net loss	$(9,127)	$(13,540)
Unrealized gain on currency translation adjustment	310	1,040
Comprehensive loss	$(8,817)	$(12,500)

ContentsView on SEC.gov

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