Vislink Technologies(VISL)

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Vislink Technologies(VISL) - 2024 Q1 - Quarterly Results
2024-05-15 12:38
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)
Vislink Technologies(VISL) - 2023 Q4 - Annual Report
2024-04-03 20:40
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 ...
Vislink Technologies(VISL) - 2023 Q4 - Earnings Call Transcript
2024-04-01 15:07
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]
Vislink Technologies(VISL) - 2023 Q4 - Annual Results
2024-04-01 14:52
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 ...
Vislink Technologies(VISL) - 2023 Q3 - Quarterly Report
2023-11-08 20:43
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 ...
Vislink Technologies(VISL) - 2023 Q2 - Earnings Call Transcript
2023-08-11 15:09
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]
Vislink Technologies(VISL) - 2023 Q2 - Quarterly Report
2023-08-11 11:53
[PART I: FINANCIAL INFORMATION](index=3&type=section&id=PART%20I%3A%20FINANCIAL%20INFORMATION) This section presents the company's financial statements, management's analysis, market risk disclosures, and internal controls [Financial Statements](index=3&type=section&id=Item%201.%20Financial%20Statements) The company's financial statements for the period ended June 30, 2023, show a decrease in total assets and an increase in total liabilities compared to December 31, 2022. Revenue declined for both the three and six-month periods compared to the prior year, leading to an increased net loss for the quarter but a slightly decreased net loss for the six-month period. Cash flow from operations remained negative, and the company made significant investments in held-to-maturity securities [Condensed Consolidated Balance Sheets](index=5&type=section&id=Condensed%20Consolidated%20Balance%20Sheets) As of June 30, 2023, total assets were $49.7 million, a decrease from $51.8 million at year-end 2022, primarily due to a significant drop in cash and cash equivalents from $25.6 million to $11.0 million, partially offset by a new $10.8 million investment in held-to-maturity securities. Total liabilities increased to $9.1 million from $8.1 million, while total stockholders' equity decreased from $43.7 million to $40.6 million Condensed Consolidated Balance Sheet Summary (in thousands) | Balance Sheet Item | June 30, 2023 (unaudited) | December 31, 2022 | | :--- | :--- | :--- | | **Assets** | | | | Cash and cash equivalents | $10,973 | $25,627 | | Investments held to maturity | $10,837 | $0 | | Total current assets | $43,110 | $44,887 | | Total assets | $49,704 | $51,796 | | **Liabilities & Equity** | | | | Total current liabilities | $7,490 | $6,273 | | Total liabilities | $9,079 | $8,144 | | Total stockholders' equity | $40,625 | $43,652 | | Total liabilities and stockholders' equity | $49,704 | $51,796 | [Unaudited Condensed Consolidated Statements of Operations](index=6&type=section&id=Unaudited%20Condensed%20Consolidated%20Statements%20of%20Operations) For the three months ended June 30, 2023, revenue decreased to $5.0 million from $6.8 million in the prior-year period, with the net loss widening to $3.0 million from $2.5 million. For the six-month period, revenue fell to $12.2 million from $13.6 million, while the net loss slightly narrowed to $4.8 million from $5.3 million year-over-year Statement of Operations Highlights (in thousands, except per share data) | Metric | Q2 2023 | Q2 2022 | Six Months 2023 | Six Months 2022 | | :--- | :--- | :--- | :--- | :--- | | Revenue, net | $5,043 | $6,766 | $12,231 | $13,626 | | Loss from operations | $(3,384) | $(2,576) | $(5,732) | $(5,720) | | Net loss | $(3,028) | $(2,526) | $(4,784) | $(5,293) | | Basic and diluted loss per share | $(1.27) | $(1.10) | $(2.02) | $(2.30) | [Unaudited Condensed Consolidated Statements of Cash Flows](index=10&type=section&id=Unaudited%20Condensed%20Consolidated%20Statements%20of%20Cash%20Flows) For the six months ended June 30, 2023, net cash used in operating activities was $3.2 million, an improvement from $8.2 million used in the same period of 2022. Net cash used in investing activities significantly increased to $11.2 million, primarily due to the purchase of held-to-maturity investments. Consequently, cash and cash equivalents decreased by $14.7 million during the period, ending at $11.0 million Cash Flow Summary for the Six Months Ended June 30 (in thousands) | Cash Flow Activity | 2023 | 2022 | | :--- | :--- | :--- | | Net cash used in operating activities | $(3,194) | $(8,238) | | Net cash used in investing activities | $(11,184) | $(298) | | Net cash used in financing activities | $(213) | $(458) | | Net decrease in cash and cash equivalents | $(14,654) | $(9,352) | | Cash and cash equivalents, end of period | $10,973 | $26,879 | [Notes to Unaudited Condensed Consolidated Financial Statements](index=12&type=section&id=Notes%20to%20Unaudited%20Condensed%20Consolidated%20Financial%20Statements) The notes provide details on the company's operations, liquidity, accounting policies, and financial statement components. Key events include a 1-for-20 reverse stock split in May 2023, significant investments in federal bonds, and a strategic decision to relocate UK manufacturing to the US. The company believes it has sufficient funds for the next twelve months despite recurring losses. Revenue is primarily from equipment sales, with North America and Europe being the largest geographical markets - The company designs, develops, and deploys products and solutions for real-time video collection and delivery for broadcast, military, and government sectors[33](index=33&type=chunk) - On May 1, 2023, the company effected a **1-for-20 reverse stock split** of its common stock to regain compliance with Nasdaq's minimum bid price rule[34](index=34&type=chunk)[73](index=73&type=chunk) - Despite a net loss of **$5.7 million** from operations and using **$3.2 million** in cash for operations in the first six months of 2023, management believes the company has sufficient funds to continue operations for at least the next twelve months[42](index=42&type=chunk)[44](index=44&type=chunk) - In July 2023, the company decided to relocate its UK manufacturing division to the United States, expecting to incur approximately **$0.2 million** in severance costs over the next six months[101](index=101&type=chunk) [Management's Discussion and Analysis of Financial Condition and Results of Operations (MD&A)](index=26&type=section&id=Item%202.%20Management%27s%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Management attributes the 25% decrease in Q2 2023 revenue to the discontinuation of several underperforming product lines in late 2022. The company is now focusing on its more successful products. Operating expenses saw mixed changes, with a decrease in R&D and cost of components, but an increase in G&A expenses. The net loss widened for the quarter but narrowed for the six-month period. The company invested a significant portion of its cash reserves into government-backed bonds and money market funds to generate interest income. A key strategic move is the relocation of UK manufacturing to the US, which is expected to yield annual savings of approximately $1.0 million - The company is relocating its UK manufacturing division to the United States starting in September 2023, which is anticipated to result in approximately **$1.0 million** in annual savings and will cost about **$0.2 million** in severance[111](index=111&type=chunk) - Revenue decreased by **25%** for the three months and **10%** for the six months ended June 30, 2023, compared to the same periods in 2022. This is attributed to the discontinuation of several product lines in late 2022[123](index=123&type=chunk)[124](index=124&type=chunk) - The company invested approximately **$10.8 million** in Federal bonds and **$11.3 million** in money market mutual funds during the first quarter of 2023 to increase investment income[141](index=141&type=chunk) [Results of Operations](index=29&type=section&id=Results%20of%20Operations) For Q2 2023, revenue fell by $1.7 million (25%) YoY, primarily due to discontinuing product lines. Cost of components decreased in line with revenue. However, G&A expenses rose by $0.3 million, while R&D expenses fell by $0.3 million. The net loss for the quarter increased by $0.6 million to $3.1 million. For the six-month period, the net loss decreased by $0.4 million to $5.0 million, aided by lower costs and higher interest income, which partially offset the $1.4 million revenue decline Key Financial Metrics Comparison (YoY) | Metric | Q2 2023 | Q2 2022 | Six Months 2023 | Six Months 2022 | | :--- | :--- | :--- | :--- | :--- | | Revenue | ↓ $1.7M (25%) | ↓ $1.4M (10%) | | Cost of Components | ↓ $0.8M (25%) | ↓ $0.9M (14%) | | G&A Expenses | ↑ $0.3M (7%) | ↑ $0.4M (4%) | | R&D Expenses | ↓ $0.3M (25%) | ↓ $0.6M (26%) | | Net Loss | ↑ $0.6M (23%) | ↓ $0.4M (7%) | [Liquidity and Capital Resources](index=30&type=section&id=Liquidity%20and%20Capital%20Resources) As of June 30, 2023, the company had $11.0 million in cash and $35.6 million in working capital. Despite incurring a $5.7 million operating loss and using $3.2 million in cash for operations during the first six months of 2023, management asserts that the company has sufficient funds to continue operations for at least the next twelve months. A significant portion of cash reserves was invested in Federal bonds and money market funds to generate income - The company held **$11.0 million** in cash and **$35.6 million** in working capital as of June 30, 2023[140](index=140&type=chunk) - Management believes it has sufficient funds to operate for at least twelve months from the filing date, despite ongoing operational losses[142](index=142&type=chunk) [Cash Flows](index=31&type=section&id=Cash%20Flows) For the first six months of 2023, net cash used in operating activities improved to $3.2 million from $8.2 million in the prior year period. Cash used in investing activities was $11.2 million, a substantial increase from $0.3 million in 2022, driven by investments in government-backed securities. Cash used in financing activities was minimal at $0.2 million for principal payments on D&O policy premiums Cash Flow Comparison for the Six Months Ended June 30 (in thousands) | Cash Flow Activity | 2023 | 2022 | | :--- | :--- | :--- | | Net cash used in operating activities | $(3,194) | $(8,238) | | Net cash used in investing activities | $(11,184) | $(298) | | Net cash used in financing activities | $(213) | $(458) | [Quantitative and Qualitative Disclosures About Market Risk](index=32&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) The company states that there have been no material changes to the information regarding quantitative and qualitative disclosures about market risk since its Annual Report on Form 10-K for the year ended December 31, 2022 - No material changes to market risk disclosures were reported for the period ended June 30, 2023[151](index=151&type=chunk) [Controls and Procedures](index=32&type=section&id=Item%204.%20Controls%20and%20Procedures) Management concluded that as of June 30, 2023, the company's disclosure controls and procedures were ineffective due to material weaknesses. These weaknesses stem from an insufficient number of accounting personnel to ensure proper segregation of duties and risk assessment, and inadequate documentation of internal control effectiveness. The company has engaged a third-party consultant to assist with remediation efforts, which are ongoing - Management identified material weaknesses in internal controls over financial reporting as of June 30, 2023[153](index=153&type=chunk) - The weaknesses are due to (i) an insufficient number of accounting personnel for proper segregation of duties and risk assessment, and (ii) inadequate documentation of internal control assessment[153](index=153&type=chunk) - A third-party consultant has been engaged to help document and remediate the control deficiencies[154](index=154&type=chunk) [PART II: OTHER INFORMATION](index=33&type=section&id=PART%20II.%20OTHER%20INFORMATION) This section covers legal proceedings, risk factors, equity sales, other disclosures, and exhibits [Legal Proceedings](index=33&type=section&id=Item%201.%20Legal%20Proceedings) The company reports that it is not currently a party to any material pending legal proceedings that would have an adverse effect on its financial position or results of operations - The company is not currently involved in any material legal proceedings[159](index=159&type=chunk) [Risk Factors](index=33&type=section&id=Item%201A.%20Risk%20Factors) The company highlights new risks associated with the strategic relocation of its manufacturing division from the United Kingdom to the United States. These risks are categorized into economic (currency fluctuations, tax implications), operational (workforce and supply chain disruption), and legal/regulatory factors (differences in employment laws). Failure to manage this relocation effectively could materially harm business and financial performance - New risks have been identified related to the relocation of a division from the U.K. to the U.S[161](index=161&type=chunk) - Key risks include currency fluctuations, different tax laws, potential workforce and supply chain disruptions, and navigating different employment laws between the U.K. and U.S[161](index=161&type=chunk)[162](index=162&type=chunk)[163](index=163&type=chunk) [Unregistered Sales of Equity Securities and Use of Proceeds](index=34&type=section&id=Item%202.%20Unregistered%20Sales%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds) There were no unregistered sales of equity securities during the period - None[166](index=166&type=chunk) [Other Information](index=34&type=section&id=Item%205.%20Other%20Information) The company reports that no director or Section 16 officer adopted or terminated any Rule 10b5-1 or non-Rule 10b5-1 trading arrangements during the quarter ended June 30, 2023 - No director or Section 16 officer adopted or terminated any Rule 10b5-1 trading arrangements during the quarter[170](index=170&type=chunk) [Exhibits](index=34&type=section&id=Item%206.%20Exhibits) This section lists the exhibits filed with the Form 10-Q, including CEO and CFO certifications (Sections 302 and 906 of the Sarbanes-Oxley Act) and Inline XBRL documents - Lists required certifications from the Principal Executive Officer and Principal Financial Officer, as well as XBRL data files[171](index=171&type=chunk)
Vislink Technologies(VISL) - 2023 Q1 - Quarterly Report
2023-05-15 14:22
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, 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 jurisdi ...
Vislink Technologies(VISL) - 2022 Q4 - Annual Report
2023-03-31 19:38
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, 2022 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 ...
Vislink Technologies(VISL) - 2022 Q3 - Quarterly Report
2022-11-14 20:17
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, 2022 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) Delaware 20-5856795 ...