Core Viewpoint - One Stop Systems, Inc. (OSS) will release its fourth quarter and full year 2024 financial results on March 19, 2025, followed by a conference call to discuss the results [1] Group 1: Company Overview - OSS is a leader in rugged Enterprise Class compute solutions for artificial intelligence (AI), machine learning (ML), and sensor processing at the edge [1][3] - The company designs and manufactures products that enable rugged AI, sensor fusion, and autonomous capabilities in challenging environments [3][5] - OSS products include ruggedized servers, compute accelerators, flash storage arrays, and storage acceleration software, utilized across various industries such as autonomous trucking, farming, and defense [4][5] Group 2: Product and Market Position - OSS solutions address the entire AI workflow, from data acquisition to deep learning and large-scale inference, and have achieved many industry firsts for industrial OEM and government customers [5] - The company operates in the rapidly growing multi-billion-dollar edge computing market, focusing on delivering high performance in demanding environments [5] Group 3: Communication and Accessibility - The conference call will be accessible via domestic and international phone lines, with a replay available after the call [2] - Additional information about OSS and its products can be found on the company's website and social media platforms [6]

Company Overview - One Stop Systems, Inc. (OSS) is a leader in rugged Enterprise Class compute for artificial intelligence (AI), machine learning (ML), and sensor processing at the edge [1][3] - OSS designs and manufactures products that enable rugged AI, sensor fusion, and autonomous capabilities across various challenging environments [3][5] Product Offerings - OSS products include ruggedized servers, compute accelerators, flash storage arrays, and storage acceleration software [4] - These products are utilized in multiple industries, including autonomous trucking, farming, defense, and aerospace applications [4][5] Market Position - OSS operates in the rapidly growing segment of the multi-billion-dollar edge computing market, focusing on AI-enabled solutions that deliver high performance in demanding conditions [5] - The company addresses the entire AI workflow, from data acquisition to deep learning and large-scale inference, achieving many industry firsts for its customers [5] Upcoming Events - OSS will participate in the 37th Annual ROTH Conference on March 17-18, 2025, where the CEO and CFO will be available for one-on-one investor meetings [1][2]

Core Insights - One Stop Systems, Inc. (OSS) announced two contract renewals with the U.S. Department of Defense, totaling approximately $6 million, which includes a $4 million contract for the P-8A Poseidon Aircraft and a $2 million contract for the Virginia Class Submarine [1][2][5] Group 1: Contract Details - The $4 million contract for the P-8A Poseidon includes a follow-on production order, a tech refresh contract, and a 5-year support extension, expanding the scope of OSS software under a current $36 million agreement [3][4] - The $2 million contract for the Virginia Class Submarine involves upgrading PCIe infrastructure for sonar sensor processing, with prototypes expected in early 2025 and production systems later in 2025 [5] Group 2: Company Positioning and Strategy - OSS emphasizes its leadership in providing high-performance edge computing solutions for military applications, highlighting the importance of these contract renewals in its long-term strategic plan [2][6] - The company focuses on ruggedized AI-enabled solutions that cater to demanding environments, showcasing its capabilities in various sectors including defense, autonomous trucking, and agriculture [6][7][8]

Core Insights - One Stop Systems, Inc. (OSS) has received a new purchase order valued at $200,000 from a leading defense contractor in Asia, with deliveries expected in Q4 2024 and additional orders anticipated in 2025 and 2026 [1][2]. Group 1: Company Overview - OSS specializes in rugged Enterprise Class compute solutions for AI, machine learning, and sensor processing at the edge, catering to demanding environments [4][6]. - The company designs and manufactures products that enable AI, sensor fusion, and autonomous capabilities, ensuring high performance in challenging applications across various sectors, including defense [4][5]. Group 2: Product and Application Details - The new order supports the contractor's modular system aimed at converting manned vessels into unmanned surface vessels (USV) for autonomous missions, integrating mission controls and payloads for diverse applications [2][3]. - OSS will provide 8U of hardware for each USV, including two rugged 3U Short Depth Servers and two redundant ethernet switches, designed to operate reliably in temperatures exceeding 40°C [2][3]. Group 3: Market Position and Future Outlook - OSS's rugged computing solutions are positioned to meet the needs of USVs operating in harsh environments, requiring high levels of compute power for autonomous operations [3][6]. - The company is part of the rapidly growing edge computing market, particularly in AI-enabled solutions, which demand high performance in challenging conditions [6].

Core Insights - One Stop Systems, Inc. (OSS) has received a $2 million initial order from an established AI infrastructure company, with shipments expected to begin in Q1 2025 [1][2] - The order includes 100 units, comprising 50 OSS Ponto Reef compute accelerators and 50 OSS Gen5 4UPro Accelerator Systems, with expectations for follow-on orders in the coming years [2][3] - OSS's PCIe 5.0 expansion system, Ponto Reef, supports up to 32 PCIe Accelerator Devices in a single chassis, catering to the growing demands of the Composable Disaggregated Infrastructure (CDI) and datacenter market [3] Company Overview - OSS specializes in rugged Enterprise Class compute solutions for AI, machine learning, and sensor processing at the edge, providing high-performance products for various industries [4][5] - The company’s offerings include ruggedized servers, compute accelerators, flash storage arrays, and storage acceleration software, utilized in sectors such as autonomous trucking, defense, and aerospace [5][6] - OSS addresses the entire AI workflow, from data acquisition to deep learning and inference, positioning itself as a leader in the rapidly growing edge computing market [6]

Financial Data and Key Metrics Changes - For Q3 2024, the company reported consolidated revenue of $13.7 million, exceeding guidance of $13.3 million, with a slight year-over-year decrease due to a $1 million reduction in Bressner revenue, offset by a $1 million increase in OSS segment revenue [33] - The gross margin percentage was negative 12.5%, compared to 26.6% in the prior year quarter, while gross margin excluding a $6.1 million inventory charge was 32%, up from 26.6% [34] - The company reported a GAAP net loss of $6.8 million or $0.32 per share, compared to a net loss of $3.6 million or $0.18 per share in the prior year [37] Business Line Data and Key Metrics Changes - OSS segment revenue grew year-over-year by 17.5%, with gross margin of 43.2% excluding the inventory charge, a 10.8 percentage point increase from the same period last year [8][35] - Bressner segment had a gross margin percentage of 22%, a 0.6 percentage point decrease from the same period last year, driven by a less profitable mix of revenue [36] Market Data and Key Metrics Changes - The company’s five-year unfactored pipeline at the end of Q3 remained over $1 billion, with approximately 70% comprised of platform and multiyear opportunities [17] - Orders outpaced revenue by 25% for the third quarter in a row, driven by existing customers in the air and maritime C5ISR defense markets [20] Company Strategy and Development Direction - The company is focused on converting its $1 billion pipeline to sales and pursuing customer-funded development projects to establish itself as an incumbent on platforms driving future multiyear production contracts [7][12] - The strategic focus is on higher-margin revenue opportunities in commercial and defense markets, particularly in response to emerging requirements for AI, machine learning, and autonomy [14][15] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about sustainable revenue growth, with expectations for consolidated revenue of approximately $15 million in Q4 2024 and OSS segment revenue of $7 million, representing over 9% year-over-year growth [41][42] - The company anticipates a rebound in the Bressner segment in 2025, likely to see growth around Q2, contingent on improvements in the European economy [61][64] Other Important Information - The company announced the retirement of CFO John Morrison and welcomed Daniel Gabel as the new CFO, emphasizing the importance of leadership in executing growth strategies [28][29] - The company has expanded its product development efforts, currently working on five product initiatives focused on edge computing for both defense and commercial applications [27] Q&A Session Summary Question: What is driving the strengthening trends in bookings? - Management noted that the growth in bookings is driven by both defense and commercial markets, with a broader outreach and application of products since the new VP of Sales joined [44] Question: What is the percentage of government versus commercial bookings? - Management estimated that approximately 55% to 60% of bookings are from defense [46] Question: What are the expectations for the Bressner segment in 2025? - Management anticipates a potential rebound in the Bressner segment around Q2 2025, depending on the European economic recovery [64] Question: What is the expected gross margin for the OSS segment in the next 18 months? - Management expects to drive gross margins up to 35% or better as the mix of products and customer-funded development grows in volume [50] Question: How does the customer-funded development translate into future revenue? - Management indicated that customer-funded development typically represents 10% to 20% of a whole program, with potential for significant revenue during production phases [58]

One Stop Systems, Inc. (OSS) came out with a quarterly loss of $0.30 per share versus the Zacks Consensus Estimate of a loss of $0.04. This compares to loss of $0.03 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -650%. A quarter ago, it was expected that this company would post a loss of $0.05 per share when it actually produced a loss of $0.09, delivering a surprise of -80%.Over the last four quarters, the company has surpa ...

ESCONDIDO, Calif., Nov. 06, 2024 (GLOBE NEWSWIRE) -- One Stop Systems, Inc. (OSS or the Company) (Nasdaq: OSS), a leader in rugged Enterprise Class compute for artificial intelligence (AI), machine learning (ML) and sensor processing at the edge, today announced Daniel Gabel has been appointed CFO, Treasurer, and Secretary, effective November 11, 2024. Gabel will succeed John Morrison, who has announced his retirement from OSS. Morrison has served as the Company’s CFO, Treasurer, and Secretary since Septem ...

ESCONDIDO, Calif., Oct. 23, 2024 (GLOBE NEWSWIRE) -- One Stop Systems, Inc. (“OSS” or the "Company") (Nasdaq: OSS), a leader in rugged Enterprise Class compute for artificial intelligence (AI), machine learning (ML) and sensor processing at the edge, announced today that the Company will release its third quarter 2024 financial results before the market opens on Wednesday, November 6, 2024. A webcast and conference call will be held that same day at 10:00 a.m. ET to review the Company’s results. Conference ...

Partnership to enhance cognitive dominance in support of Hyper Enabled Force mission objectives through development efforts of rugged edge AI/ML compute solutions Agreement aligns with OSS' strategy to expand offerings and establish embedded relationships across the U.S. Department of Defense ESCONDIDO, Calif., Sept. 12, 2024 (GLOBE NEWSWIRE) -- One Stop Systems, Inc. (OSS or the Company) (Nasdaq: OSS), a leader in rugged Enterprise Class compute for artificial intelligence (AI), machine learning (ML) and s ...