Core Insights - Vislink Technologies, Inc. has launched the Aero5 live video transmission system, which is touted as the world's fastest and most powerful 5G bonded cellular airborne video transmitter, aimed at enhancing real-time video intelligence for air-to-ground missions [1][4] Product Features - Aero5 is designed for law enforcement, public safety, and broadcast applications, delivering low-latency 4K UHD video from various airborne platforms to command centers and field teams [2] - The system supports up to eight bonded 5G modems and can integrate with Starlink and other Low Earth Orbit (LEO) satellites for uninterrupted transmission, even in rural areas [2] - Integrated with Vislink's LinkMatrix platform, Aero5 allows users to monitor and control live feeds through a single web interface, featuring real-time stream switching and AES encryption [3] Operational Capabilities - Aero5 supports hybrid deployments with Vislink's COFDM-based AeroLink transmitter, enabling both line-of-sight and beyond-line-of-sight operations [4] - The system is positioned as a powerful tool for public safety teams, enhancing real-time situational awareness and rapid response capabilities [4] Event Participation - Live demonstrations of Aero5 and other Airborne Video Downlink Systems will be showcased at APSCON 2025, highlighting the company's commitment to providing scalable, high-throughput video solutions for mission-critical operations [5] Company Background - Vislink Technologies has over 50 years of experience in live video communications, focusing on delivering high-quality video even in challenging conditions, serving broadcasters, defense, and public safety agencies [6]

Core Insights - Vislink Technologies, Inc. has become the first provider to fully integrate eSIM technology across its 5G/LTE bonded cellular product line, eliminating the need for physical SIM cards and enabling remote SIM provisioning through LinkMatrix [1][2][3] Group 1: eSIM Integration and Benefits - The new eSIM capabilities streamline how broadcasters connect to mobile networks, providing instant network flexibility and rapid connectivity control without physical SIM card handling [2][3] - This innovation allows crews to stay connected without delays, which is crucial in dynamic environments such as news reporting, sports broadcasting, and public safety missions [3][4] Group 2: LinkMatrix Platform - LinkMatrix serves as the cloud-native platform for end-to-end management of devices, connections, and data, enabling users to remotely activate and manage eSIM profiles [4][6] - Users can switch between multiple network providers instantly, ensuring operational continuity during time-critical live broadcasts or emergency response scenarios [6][7] Group 3: Product Range - The eSIM support is now available across Vislink's range of bonded cellular live video transmission solutions, including DragonFly V 5G, HCAM5, INCAM-GV 5G, LiveLink, UltraLink Air, and Aero5 [4][5]

Core Insights - Vislink Technologies, Inc. has appointed Lt. Gen. William J. Bender (Ret.) to its Board of Directors effective June 1, 2025, enhancing its leadership in technology and defense sectors [1][2]. Company Overview - Vislink Technologies is a global leader in capturing, delivering, and managing high-quality live video and associated data, with over 50 years of experience in video communications [4]. - The company specializes in live streaming solutions utilizing RF, bonded cellular, 5G, and AI-driven technologies, catering to broadcasters, defense, and public safety agencies [4]. Leadership Appointment - Lt. Gen. Bender brings over 34 years of service in the United States Air Force, including his role as Chief Information Officer, and has extensive experience in strategic IT planning and cyber operations [2]. - His post-military career includes executive roles at major technology and defense firms, such as Senior Vice President at Leidos, and board positions at Anametric, GrammaTech, and Tangram Flex [2]. - The Board Chair and CEO of Vislink expressed confidence that Bender's military and commercial experience will be instrumental in advancing the company's growth strategy and serving mission-critical markets [3]. Strategic Focus - Bender's appointment is seen as pivotal for Vislink as it aims to expand its focus in federal and Department of Defense sectors, leveraging his insights in defense technology and cybersecurity [3].

Financial Data and Key Metrics Changes - Total revenue for Q4 2024 was $3.4 million, a decrease from $7.1 million in Q3 2024, primarily due to a decline in the live production business sector and delayed execution of large-scale projects [12] - For the full year, revenue was $27.7 million, slightly up from $27.5 million in 2023 [12] - Gross profit for Q4 2024 was $300,000, with a gross profit margin of 8.8%, down from $3.6 million and a 51% margin in Q3 2024 [13] - Full year gross profit was $13.8 million, compared to $14.1 million in the prior year, with a gross profit margin of 49.7% in 2024 [13] - Total expenses in Q4 2024 were $17.4 million, up from $10.3 million in Q3 2024, and full year expenses were $49.2 million compared to $38.1 million in 2023 [14] - Operating loss for Q4 2024 was $14.1 million, compared to a $3.3 million loss in Q3 2024, and full year operating loss was $21.5 million, up from a $10.6 million loss in 2023 [14] - Net loss attributable to common shareholders in Q4 2024 was $14.3 million or $5.82 per share, compared to a loss of $3 million or $1.22 per share in Q3 2024 [15] - Full year net loss was $20.5 million or $8.35 per share, compared to a loss of $9.1 million or $3.83 per share in the prior year [15] - Cash and short-term investments as of 12/31/2024 were $6.5 million, down from $9.2 million at 09/30/2024 [16] Business Line Data and Key Metrics Changes - The live production market experienced softness, impacting revenue and project execution [6] - The Mill Gov market showed lower than expected revenue but had over 70% growth in bookings, particularly in airborne video downlink systems [18] - Recurring revenue through new service level agreements reached over $900,000, indicating a shift towards a service-centric organization [20] Market Data and Key Metrics Changes - The company is seeing strong demand in the live production market, evidenced by its role in major global events [20] - The adoption of new technologies in drone applications is creating significant opportunities, particularly in the Mill Gov sector [19][22] Company Strategy and Development Direction - The company aims to solidify its leadership in live production while expanding its Mill Gov business and accelerating recurring revenues to achieve positive cash flow in 2025 [18] - Cost control measures are expected to yield approximately $10 million in yearly savings, helping to lower the breakeven point and reduce operational complexity [10] - The company is focusing on technological innovations and has introduced several new products to meet evolving customer needs [21] Management's Comments on Operating Environment and Future Outlook - Management acknowledged that 2024 did not develop as planned, with a strong first half followed by a slowdown [6] - The company is confident in its unique capabilities around video, RF, and IP technologies, and anticipates better revenue potential in upcoming quarters [11] - Management expressed optimism about achieving cash flow positivity by the end of 2025 [11] Other Important Information - The company has delisted from the NASDAQ exchange, which is expected to save upwards of $2 million in costs associated with being publicly listed [8][9] - The restructuring activities have significantly impacted Q4 EBITDA, but are seen as necessary for future growth [10] Q&A Session Summary - No specific questions and answers were provided in the content, thus this section is not applicable.

Financial Data and Key Metrics Changes - Total revenue for Q4 2024 was $3.4 million, down from $7.1 million in Q3 2024, primarily due to a decline in the live production sector and delayed project execution [11] - Full year revenue for 2024 was $27.7 million, slightly up from $27.5 million in 2023 [11] - Gross profit for Q4 2024 was $300,000, with a gross profit margin of 8.8%, compared to $3.6 million and a 51% margin in Q3 2024 [12] - Full year gross profit was $13.8 million, down from $14.1 million in 2023, with a gross profit margin of 49.7% compared to 51% in the prior year [12] - Total expenses in Q4 2024 were $17.4 million, up from $10.3 million in Q3 2024, and full year expenses were $49.2 million compared to $38.1 million in 2023 [13] - Operating loss for Q4 2024 was $14.1 million, compared to a $3.3 million loss in Q3 2024, and full year operating loss was $21.5 million compared to $10.6 million in 2023 [13] - Net loss attributable to common shareholders in Q4 2024 was $14.3 million or $5.82 per share, compared to a loss of $3 million or $1.22 per share in Q3 2024 [14] - Full year net loss was $20.5 million or $8.35 per share, compared to a loss of $9.1 million or $3.83 per share in the prior year [14] - EBITDA for 2024 was a loss of $19.8 million, compared to a loss of $9 million in 2023 [14] Business Line Data and Key Metrics Changes - The Mill Gov business saw over 70% growth in bookings, highlighted by multimillion-dollar orders for airborne video downlink systems [16] - Recurring revenue through new service level agreements reached over $900,000, validating the strategy for predictable high-margin income streams [17] Market Data and Key Metrics Changes - The company experienced healthy demand in the live production market, serving major global events such as the Super Bowl and the Summer Olympics [18] - The company was awarded the best innovation project at the Broadcast Tech Innovation Awards 2024 for its technology contribution to an autonomous racing project [19] Company Strategy and Development Direction - The company aims to solidify its leadership in live production while expanding its Mill Gov business and accelerating recurring revenues through services, targeting positive cash flow in 2025 [16] - The transformation into a service-centric organization is underway, with a focus on building a global service platform [17] - The company is deepening strategic alliances with OEM partners to ensure technological evolution aligns with market needs [20] Management's Comments on Operating Environment and Future Outlook - Management acknowledged that 2024 did not develop as planned, with a strong first half followed by a slowdown, particularly in the live production market [6] - The company is confident in its unique capabilities around video, RF, and IP technologies, expecting better revenue potential in upcoming quarters [10] - Management expressed optimism about achieving cash flow positivity by the end of 2025 [10] Other Important Information - The company took proactive actions to reduce expenses, including product line rationalization and facility consolidation, expected to yield approximately $10 million in yearly savings [9] - The company voluntarily delisted from NASDAQ to save costs associated with being publicly listed, allowing a focus on business management rather than regulatory requirements [8] Q&A Session Summary Question: What were the main challenges faced in Q4? - Management noted revenue timing challenges, softness in the live production market, and output delays due to facility consolidation as key issues [6] Question: How does the company plan to achieve its financial goals? - The company plans to solidify its leadership in live production, expand the Mill Gov business, and accelerate recurring revenues through services [16] Question: What is the outlook for the Mill Gov business? - The Mill Gov business is experiencing strong momentum with over 70% growth in bookings, particularly in drone applications [16]

Exhibit 99.1 Vislink Reports Fourth Quarter and Full Year 2024 Financial and Operational Results Mt. Olive, NJ — May 2, 2025 — Vislink Technologies, Inc. ("Vislink" or the "Company") (OTCQB: VISL), a global technology leader in the capture, delivery, and management of high-quality live video and associated data in the media and entertainment, law enforcement, and defense markets, today reported results for the fourth quarter and full year ended December 31, 2024. Fourth Quarter 2024 and Recent Company Highl ...

Core Insights - Vislink Technologies, Inc. reported a modest revenue growth for the full year 2024, with total revenue reaching $27.7 million, compared to $27.5 million in 2023 [4][18] - The company experienced a net loss attributable to common shareholders of $(20.5) million, or $(8.35) per share, which is a significant increase from a net loss of $(9.1) million, or $(3.83) per share in 2023 [4][19] - The gross margin for the year was reported at 25%, with an adjusted gross margin of 49.7% when excluding one-time inventory write-offs and impairments, compared to 51% in 2023 [4][18] Fourth Quarter Highlights - Revenue for the fourth quarter was $3.4 million, a decrease from $7.1 million in the prior quarter, primarily due to a decline in the live production business and project delays [7] - The gross margin for the fourth quarter was -1%, with an adjusted gross margin of 8.8% when excluding one-time inventory write-offs and impairments, compared to 51% in the prior quarter [7] - The company reported an EBITDA of $(19.8) million for the fourth quarter, compared to $(9.0) million in the same quarter of 2023 [7][9] Strategic Developments - Vislink secured multimillion-dollar orders for airborne video downlink systems and initiated product shipments for emerging drone applications, indicating strong momentum in the MilGov business [4][6] - The company established a global service platform, generating over $900,000 in recurring revenue through strategic Service Level Agreements, which supports its transition to a service-driven business model [4][6] - A comprehensive restructuring plan, including the implementation of a new ERP system, is expected to yield operational cost savings of approximately $10 million annually [4][6] Product Innovations - Vislink launched several new products, including the Aero5 5G HEVC 4K UHD Airborne Downlink System and the DragonFly V 5G miniature transmitter, aimed at enhancing live production capabilities [4] - The company received recognition for its innovative projects, including the 'Best Innovation Project' award at the Broadcast Tech Innovation Awards 2024 for its collaboration in delivering a VR experience for the Abu Dhabi Autonomous Racing League [4] Financial Position - As of December 31, 2024, cash and short-term investments totaled $6.5 million, down from $9.2 million at the end of the third quarter [7] - Total assets decreased to $26.2 million from $45.0 million in 2023, reflecting a significant reduction in current assets [15][17] - The company's total liabilities increased to $9.0 million from $8.0 million in 2023, with current liabilities rising to $8.3 million [15][17]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 or Commission File Number: 001-35988 Vislink Technologies, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Delaware 20-5856795 (I.R.S. Employer Identification No.) 350 Clark Drive, Suite 125, Mt. Olive, NJ 07828 ( ...

Core Insights - Vislink Technologies, Inc. announced that its DragonFly V 5G miniature wireless video camera transmitter won the TV Tech Best of Show Award at NAB 2025, highlighting its leadership in high-quality live video technology [1][3] Company Overview - Vislink Technologies is a global leader in capturing, delivering, and managing high-quality live video and associated data, with over 50 years of experience in video communications [8] - The company specializes in providing live streaming solutions using RF, bonded cellular, 5G, and AI-driven technologies, enabling seamless and secure live video sharing for broadcasters, defense, and public safety agencies [8] Product Features - The DragonFly V 5G is designed for immersive, on-the-move live productions, featuring an ultra-compact design and advanced HD video transmission capabilities over 5G [2][4] - It is recognized as the world's smallest cellular bonding transmitter, ideal for challenging environments, and supports applications in sports broadcasting, news coverage, and public safety [2][7] - Key features include ultra-compact and lightweight design, 5G and Wi-Fi support, HEVC video encoding for efficient streaming, remote configuration via LinkMatrix, and a durable build for demanding conditions [9] Strategic Partnerships - Vislink has partnered with Ericsson to join its Enterprise Wireless Solutions Industry 4.0 Partner Program, aiming to drive innovation in private 5G networks for live video transmission [5]

Core Insights - Vislink Technologies, Inc. announced that its DragonFly V 5G miniature wireless video camera transmitter won the TV Tech Best of Show Award at NAB 2025, highlighting its innovation in live video transmission technology [1][3]. Product Features - The DragonFly V 5G is designed for immersive, on-the-move live productions, featuring an ultra-compact design and advanced HD video transmission capabilities over 5G, making it the world's smallest cellular bonding transmitter [2][12]. - Key features include support for 5G and Wi-Fi, HEVC video encoding for high-quality streaming, remote configuration via a cloud-based management platform, and a durable build optimized for demanding environments [12]. Strategic Partnerships - Vislink has partnered with Ericsson to join its Enterprise Wireless Solutions Industry 4.0 Partner Program, aiming to drive innovation in private 5G networks and enhance live video transmission capabilities across various industries [5]. Industry Context - The demand for private 5G networks is growing, and Vislink's solutions are positioned to support this transformation, particularly in sectors such as broadcasting and public safety [4].