Financial Data and Key Metrics Changes - In Q2 2024, total revenue increased by 73% year-over-year, reaching $8.7 million, up from $5 million in the prior year period [7][12] - Gross profit rose to $4.9 million, with a gross profit margin of 56%, up from 53% in the prior year [12] - Operating loss improved to a negative $2.6 million, down from a negative $3.4 million in the prior year [13] - Net loss attributable to common shareholders improved to a negative $2.3 million or a negative $0.93 per share, compared to a negative $3 million or a negative $1.27 per share in the prior year [13] Business Line Data and Key Metrics Changes - Revenue growth was driven by both Live Production and MilGov markets, with significant orders from U.S. Customs and Border Protection and other governmental agencies [7][15] - The weighted sales pipeline increased to $51 million, reflecting strong demand for current offerings and new products [9][23] Market Data and Key Metrics Changes - The company has positioned itself for expanded market reach by obtaining NATO stock numbers, enhancing credibility in the defense sector [8] - Significant wins in emerging markets, particularly in India, with partnerships with Doordarshan and Zoom Communications [17] Company Strategy and Development Direction - The company aims to double revenue by 2026, increase recurring revenue streams, and achieve cash flow positivity by 2025 [6] - Focus on operational enhancements and cost optimization measures, including the implementation of a new ERP system [10] - Continued investment in R&D, particularly in drone command and control technology, to capture emerging market opportunities [18][19] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in meeting three-year financial goals and highlighted the importance of operational efficiency and cost management [6][10] - The geopolitical landscape is expected to drive revenue growth, particularly in the MilGov market [11] Other Important Information - The company has joined the Grass Valley Technology Alliance, enhancing its product offerings and customer base [20] - The launch of a new website is expected to improve online visibility and lead generation capabilities [19] Q&A Session Summary Question: Insights on cash flow neutrality and positivity journey - Management indicated that fixed costs associated with being a public company contribute to cash flow dynamics, and operational leverage will improve as revenue grows [26][27] Question: R&D expenses and specific goals - R&D investments are targeted towards specific customer needs and enhancing capabilities for drone applications, aiming to open larger markets [29][31] Question: NATO Stock Numbers impact - Securing NATO Stock Numbers simplifies the process for engaging with NATO countries, potentially accelerating contract opportunities [32]

Vislink management will host the presentation, followed by a question-and-answer period. Date: Wednesday, August 14, 2024 Time: 8:30 a.m. Eastern Time Toll-Free Number: 1-833-953-2432 International Number: 1-412-317-5761 Webcast: Click here to register The conference call will be broadcast live here and available for replay via the Investor Relations section of Vislink's website. Toll-Free Replay Number: 1-877-344-7529 International Replay Number: 1-412-317-0088 Replay ID: 8830402 Vislink Technologies is a ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________to _______________. Commission File Number: 001-35988 Vislink Technologies, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdi ...

Vislink Technologies, Inc. (NASDAQ:VISL) Q1 2024 Earnings Conference Call May 15, 2024 8:30 AM ET Company Participants Mickey Miller - CEO Mike Bond - CFO Conference Call Participants Brian Kinstlinger - Alliance Global Partners Operator Good morning. Welcome to Vislink's First Quarter 2024 Earnings Conference Call. My name is Marlise and I will be your operator for today's call. Joining us for today's presentation are the company's CEO, Mickey Miller, and CFO, Mike Bond, who will report results for the fir ...

Vislink Q1 2024 Financial and Operational Results [First Quarter 2024 Financial and Operational Highlights](index=1&type=section&id=First%20Quarter%202024%20Financial%20and%20Operational%20Highlights) Vislink reported strong Q1 2024 results with 20% revenue growth, improved profitability, and key product launches Financial Highlights | Financial Metric | Q1 2024 | Q1 2023 | Change | | :--- | :--- | :--- | :--- | | **Revenue** | $8.6 million | $7.2 million | +20% | | **Gross Margin** | 59% | 54% | +5 p.p. | | **Net Loss** | $(0.9) million | $(1.8) million | Improved | | **Net Loss Per Share** | $(0.39) | $(0.80) | Improved | | **Cash & Short-term Investments** | $13.8 million | - | - | - The increase in revenue was primarily due to a substantial jump in sales to **military and government (MilGov) customers**, driven by market acceptance of the AeroLink platform[4](index=4&type=chunk) - Service and software revenue grew to **16% of total revenue**, reflecting a strategic focus on driving recurring revenues through the LinkMatrix platform[4](index=4&type=chunk) - Key operational achievements include: - Launch of Air-to-Anywhere™ within the AVDS platform, with a roadmap to leverage AI for enhanced analytics[4](index=4&type=chunk) - Unveiling of DragonFly V, the world's smallest HEVC HDR transmitter for live video[4](index=4&type=chunk) - Gaining "**Approved Supplier**" status from three global aerospace OEMs[4](index=4&type=chunk) [Management Commentary](index=2&type=section&id=Management%20Commentary) Management attributes strong Q1 results to MilGov focus, with an expanding sales pipeline and reaffirmed cash flow goals - The **20% revenue growth** was fueled by an expanding presence in MilGov markets, bolstered by the BMS asset acquisition and increased governmental investment[5](index=5&type=chunk) - The company's weighted sales pipeline is valued at **$48 million** entering the second quarter, the largest since the pandemic[6](index=6&type=chunk) - Vislink is on track to achieve **cash flow neutrality by the end of 2024** and aims to be **cash flow positive in 2025**[7](index=7&type=chunk) - New products like Cliq, LiveLink, and DragonFly V are expected to increase the mix of software and services revenue, which grew to **16% of total revenue** in Q1[6](index=6&type=chunk) [Financial Tables](index=5&type=section&id=Financial%20Tables) Detailed financial tables present Vislink's balance sheet, operations, and non-GAAP reconciliation for Q1 2024 [Condensed Consolidated Balance Sheets](index=5&type=section&id=CONDENSED%20CONSOLIDATED%20BALANCE%20SHEETS) Vislink's balance sheet as of March 31, 2024, details assets, liabilities, and equity Condensed Consolidated Balance Sheets | Balance Sheet Items | March 31, 2024 (in thousands) | December 31, 2023 (in thousands) | | :--- | :--- | :--- | | **Total current assets** | $39,365 | $38,482 | | Cash | $7,959 | $8,482 | | Inventories, net | $14,866 | $14,029 | | **Total assets** | **$45,990** | **$44,992** | | **Total current liabilities** | $8,210 | $6,714 | | **Total liabilities** | **$9,547** | **$8,015** | | **Total stockholders' equity** | **$36,443** | **$36,977** | [Unaudited Condensed Consolidated Statements of Operations](index=6&type=section&id=UNAUDITED%20CONDENSED%20CONSOLIDATED%20STATEMENTS%20OF%20OPERATIONS) Vislink's unaudited Q1 2024 statements of operations show $8.6 million revenue and reduced net loss Unaudited Condensed Consolidated Statements of Operations | Statement of Operations | For the Three Months Ended March 31, 2024 (in thousands) | For the Three Months Ended March 31, 2023 (in thousands) | | :--- | :--- | :--- | | **Revenue, net** | **$8,598** | **$7,188** | | Total cost of revenue and operating expenses | $10,196 | $9,536 | | Loss from operations | $(1,598) | $(2,348) | | **Net loss** | **$(948)** | **$(1,756)** | | **Basic and diluted loss per share** | **$(0.39)** | **$(0.74)** | [Reconciliation of GAAP to Non-GAAP Results](index=7&type=section&id=Reconciliation%20of%20GAAP%20to%20Non-GAAP%20Results) Reconciliation of GAAP net loss to non-GAAP EBITDA and Adjusted EBITDA shows improved adjusted profitability Reconciliation of GAAP to Non-GAAP Results | Reconciliation to EBITDA | March 31, 2024 (in thousands) | March 31, 2023 (in thousands) | | :--- | :--- | :--- | | **Net loss (GAAP)** | **$(948)** | **$(1,756)** | | Amortization and depreciation | $347 | $298 | | Interest income, net | $(91) | $(133) | | Tax | $(55) | $(55) | | **EBITDA** | **$(813)** | **$(1,737)** | | Stock-based compensation | $464 | $921 | | Severance | $— | $349 | | **EBITDA Non-GAAP Adjusted** | **$(349)** | **$(467)** | [Conference Call Information](index=2&type=section&id=Conference%20Call) Details for the Q1 2024 earnings conference call and replay information are provided for stakeholder access - A conference call to discuss Q1 2024 results was scheduled for **May 15, 2024, at 8:30 a.m. Eastern Time**[7](index=7&type=chunk) - A replay of the conference call is available through **Wednesday, May 28, 2024**, using Replay ID: **4822215**[10](index=10&type=chunk)[11](index=11&type=chunk)

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, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from__________ to__________ Commission File Number: 001-35988 Vislink Technologies, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdic ...

Financial Data and Key Metrics Changes - Total revenue for Q4 2023 was $8.1 million, an increase from $7.4 million in Q4 2022, driven by growth in solutions and MilGov markets [17] - Full year total revenue was $27.5 million compared to $28.1 million in 2022, primarily due to product rationalization efforts [18] - Gross profit for Q4 2023 was $3.7 million with a gross profit margin of 46%, up from $2.4 million and 33% in Q4 2022 [19] - Full year gross profit was $14.1 million compared to $12.9 million in the prior year, with a gross profit margin of 51%, an improvement from 46% in 2022 [19] - Operating loss for Q4 2023 was $2.6 million, improved from a $5.6 million loss in the prior year [21] - Net loss attributable to common shareholders in Q4 2023 was $2.4 million or $0.99 per share, an improvement from $5.5 million or $2.36 per share in the prior year [22] Business Line Data and Key Metrics Changes - Revenue from MilGov markets saw a 75% year-over-year increase in 2023, attributed to the success of airborne video downlink systems (AVDS) [9][28] - Software and service revenue climbed above 10% of total revenue in 2023, exceeding the targeted 90/10 hardware ratio [7] - The video data transport market is experiencing growth, with a million-dollar order for a border surveillance project in Asia [11] - Drone command and control (C2) area is expected to grow 75% this year to just under $2 million in revenue [12] Market Data and Key Metrics Changes - The weighted sales pipeline is robust at $48 million, with the backlog at its highest since the pandemic [15] - Geographic concentration of revenue is typically 40% to 50% from the Americas, with a higher percentage from MilGov [48] Company Strategy and Development Direction - The company aims to leverage proprietary hardware infrastructure to drive new recurring software and service sales [7] - A three-year strategic plan is in place targeting cash flow positivity by 2025 [14] - The focus areas for growth include live video connectivity, airborne video downlink systems, video data transport, and drone control and communications [37] - The acquisition of BMS is expected to enhance capabilities and market reach, particularly in MilGov and public safety sectors [25][39] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the future, highlighting the potential for accelerated revenue growth and enhanced cash flow performance in 2024 and beyond [6][14] - The company is positioned to gain further market share in key markets and drive meaningful financial improvements [16] - The integration of BMS has been seamless, with expectations for significant revenue contributions in 2024 [50] Other Important Information - The company has a strong debt-free balance sheet, providing flexibility for strategic acquisitions and partnerships [25] - The recent appointment of Bill Sweeney as Managing Director of MilGov business is expected to enhance client relationships and service offerings [29] Q&A Session Summary Question: What are the revenue growth drivers and contributions from different business areas? - Management noted that BMS's contribution was nominal in Q4, with significant growth expected from ADVS and video data transport, which is growing at around 20% [42][43] Question: What percentage of revenue in Q4 was from MilGov? - Approximately half of the revenue in Q4 was from MilGov, with the other half from live production [44] Question: What is the outlook for live production? - There is a strong appetite for live entertainment and sports, with growth expected in this area despite previous weaknesses [46] Question: When will BMS become a significant revenue contributor? - Significant contributions from BMS are expected in 2024, with improvements anticipated each quarter [51] Question: What are the long-term revenue and margin targets? - While not providing specific guidance, management aims to double the business in the next three years, driven by growth in MilGov and higher service revenue [52]

Exhibit 99.1 Vislink Reports Fourth Quarter and Full Year 2023 Financial and Operational Results - Update Company Achieves 75% Year-Over-Year Revenue Growth in MilGov Markets for 2023 Management Forecasts Improved Cash Flow and Significant Revenue Expansion in 2024 Mt. Olive, NJ — April 1, 2024 — Vislink Technologies, Inc. ("Vislink" or the "Company") (Nasdaq: VISL), a global technology leader in the capture, delivery, and management of high-quality, live video and associated data in the media and entertain ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________to _______________. Commission File Number: 001-35988 Vislink Technologies, Inc. (Exact name of registrant as specified in its charter) (State or other jur ...

Financial Data and Key Metrics Changes - Total revenue for the first half of 2023 was $12.2 million, down from $13.6 million in the prior year period [14] - Revenue for Q2 2023 decreased to $5 million from $6.8 million in Q2 2022, primarily due to the discontinuation of several product lines [15] - Gross profit for the first half of 2023 was $6.6 million, compared to $7 million in the first half of 2022, with a gross profit margin improvement to 54% from 52% [16] - Net loss attributable to common shareholders for the first half of 2023 totaled $4.8 million or $2.02 per share, an improvement from a net loss of $5.3 million or $2.30 per share in the first half of 2022 [20] Business Line Data and Key Metrics Changes - The MilGov segment experienced a 91% year-over-year revenue growth, reaching $1.2 million for Q2 and $2.1 million in the first half of 2023 [8] - Total expenses in the first half of 2023 were $18 million, a 7% decrease from $19.3 million for the same period in 2022 [17] - The company implemented a 5% price increase on all new quotes starting at the end of Q2 [12] Market Data and Key Metrics Changes - Revenue in the APAC region increased by nearly 50% year-over-year in the first half of 2023 [57] - The company is seeing strong traction in the public safety market, particularly with federal funding increasing buying power [58] Company Strategy and Development Direction - The company is focusing on the public safety growth market and adapting to elongated sales cycles and budget cycles [9] - A significant component of the transformation includes integrating three ERP systems into a single, more modern system to enhance operational efficiency [13] - The company aims for a 90-10 split between hardware and software sales by the end of 2023 [26] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the sales pipeline, particularly in public safety and sports and entertainment areas, with the most $1 million plus opportunities in several years [10] - The company is optimistic about the potential for growth in the second half of 2023 and beyond, driven by strong leadership and well-defined growth strategies [41] Other Important Information - The company has a strong balance sheet with cash and cash equivalents of $11 million as of June 30, 2023, down from $14 million at the end of Q1 [23] - The company is exploring M&A opportunities but prioritizes achieving breakeven operations before making acquisitions [70] Q&A Session Summary Question: Revenue impact from discontinued products - Management indicated that the discontinued products generated less than $0.5 million in 2022 and had a nominal impact on revenue [66] Question: Live production market outlook - Management noted that while there is strong demand for live content, some customers are pulling back on CapEx due to budget constraints, but overall, the outlook remains positive [67] Question: MilGov revenue recognition - Management confirmed that approximately 15% of the revenue from AeroLink installations would be recurring, with significant opportunities expected in the APAC region [69] Question: M&A strategy and cash conservation - Management stated that while they are exploring M&A opportunities, the priority is to ensure operations are breakeven or cash-producing before pursuing acquisitions [71]