UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) [X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 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 ...

[PART I: FINANCIAL INFORMATION](index=4&type=section&id=PART%20I%3A%20FINANCIAL%20INFORMATION) [Financial Statements](index=4&type=section&id=Item%201.%20Financial%20Statements) The company's financial statements for the nine months ended September 30, 2020, show decreased revenue but a narrowed net loss due to reduced operating expenses, with significant cash inflow from financing activities [Condensed Consolidated Balance Sheets](index=5&type=page&id=Condensed%20Consolidated%20Balance%20Sheets) As of September 30, 2020, total assets slightly decreased to $23.3 million, while total liabilities significantly reduced to $9.7 million, leading to increased stockholders' equity Condensed Consolidated Balance Sheet Highlights (in thousands) | Balance Sheet Item | Sep 30, 2020 (unaudited, in thousands) | Dec 31, 2019 (in thousands) | | :--- | :--- | :--- | | **Assets** | | | | Cash | $3,123 | $1,737 | | Total current assets | $17,682 | $16,785 | | Total assets | $23,302 | $23,604 | | **Liabilities & Equity** | | | | Total current liabilities | $7,678 | $13,212 | | Total liabilities | $9,701 | $14,375 | | Total stockholders' equity | $13,601 | $9,229 | | Total liabilities and stockholders' equity | $23,302 | $23,604 | [Unaudited Condensed Consolidated Statements of Operations and Comprehensive Loss](index=6&type=page&id=Unaudited%20Condensed%20Consolidated%20Statements%20of%20Operations%20and%20Comprehensive%20Loss) For the nine months ended September 30, 2020, revenue decreased by 22% to $16.1 million, but the net loss narrowed to $8.0 million due to reduced operating expenses, improving loss per share Statement of Operations Highlights (in thousands, except per share data) | Metric | Nine Months Ended Sep 30, 2020 (in thousands) | Nine Months Ended Sep 30, 2019 (in thousands) | | :--- | :--- | :--- | | Revenue | $16,138 | $20,565 | | Loss from operations | $(8,236) | $(10,774) | | Net loss | $(8,001) | $(11,660) | | Basic and diluted loss per share | $(0.61) | $(12.77) | [Unaudited Condensed Consolidated Statements of Cash Flows](index=11&type=page&id=Unaudited%20Condensed%20Consolidated%20Statements%20of%20Cash%20Flows) For the nine months ended September 30, 2020, cash used in operations increased to $10.7 million, offset by $12.3 million from financing activities, resulting in a $1.4 million net cash increase Cash Flow Summary (in thousands) | Cash Flow Activity | Nine Months Ended Sep 30, 2020 (in thousands) | Nine Months Ended Sep 30, 2019 (in thousands) | | :--- | :--- | :--- | | Net cash used in operating activities | $(10,698) | $(6,144) | | Net cash used in investing activities | $(227) | $(381) | | Net cash provided in financing activities | $12,294 | $5,026 | | Net increase (decrease) in cash | $1,386 | $(1,500) | | Cash, end of period | $3,123 | $505 | [Notes to Unaudited Condensed Consolidated Financial Statements](index=13&type=page&id=Notes%20to%20Unaudited%20Condensed%20Consolidated%20Financial%20Statements) The notes detail business operations, accounting policies, liquidity, and financial condition, highlighting COVID-19 impact, capital raises, a PPP loan, cost savings, and subsequent legal proceedings - The company specializes in live video collection and delivery for broadcast, military, and government markets, with extensive global installations[23](index=23&type=chunk)[25](index=25&type=chunk)[26](index=26&type=chunk) - The company incurred an operating loss of **$8.2 million** and used **$10.7 million** in cash from operations for the nine months ended Sep 30, 2020. Management believes it has sufficient funds for the next 12 months due to cost reductions, a PPP loan, and capital raises[62](index=62&type=chunk)[66](index=66&type=chunk) - The company received a **$1.168 million** loan under the Paycheck Protection Program (PPP) on April 10, 2020, with a **1%** interest rate and a two-year maturity[73](index=73&type=chunk) - Subsequent to the quarter end, the company raised an additional **$5.1 million** in net proceeds from stock issuance, settled a lawsuit for **$50,000**, and faced two new lawsuits regarding patent infringement and non-payment for products[135](index=135&type=chunk)[138](index=138&type=chunk)[139](index=139&type=chunk) [Management's Discussion and Analysis of Financial Condition and Results of Operations](index=38&type=section&id=Item%202.%20Management%27s%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Management attributes the 22% revenue decline to non-recurring 2019 orders and COVID-19, while net loss decreased by 32% due to cost savings, with liquidity bolstered by equity financings and a PPP loan - The COVID-19 pandemic has not significantly affected worldwide sales or supply chains, but did decrease order intake in the live production market during Q3 2020[144](index=144&type=chunk)[146](index=146&type=chunk) Revenue Comparison (in millions) | Period | 2020 (in millions) | 2019 (in millions) | Change (in millions) | % Change | | :--- | :--- | :--- | :--- | :--- | | Three months ended Sep 30 | $4.8 | $5.0 | $(0.2) | -4% | | Nine months ended Sep 30 | $16.1 | $20.6 | $(4.5) | -22% | - General and administrative expenses for the nine months ended Sep 30, 2020 decreased by **$3.4 million (21%)** YoY, driven by reductions in salaries, stock-based compensation, and freight costs[162](index=162&type=chunk)[164](index=164&type=chunk) - Research and development expenses for the nine months ended Sep 30, 2020 decreased by **$0.8 million (31%)** YoY, mainly due to a **$0.7 million** reduction in salaries and benefits[167](index=167&type=chunk)[169](index=169&type=chunk) - The company implemented liquidity preservation actions including proactive spending reductions projected to save approximately **$5.0 million** in fiscal 2020 and renegotiated leases to lower rental fees by about **81%** at its Hackettstown, NJ locations[179](index=179&type=chunk) [Quantitative and Qualitative Disclosures About Market Risk](index=45&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) As a smaller reporting company, the company is exempt from providing quantitative and qualitative disclosures about market risk - As a smaller reporting company, Vislink is exempt from providing quantitative and qualitative disclosures about market risk[191](index=191&type=chunk) [Controls and Procedures](index=45&type=section&id=Item%204.%20Controls%20and%20Procedures) Management identified material weaknesses in disclosure controls and internal control over financial reporting due to a lack of segregation of duties, relying on oversight and external professionals for mitigation - Management identified control deficiencies and material weaknesses related to a lack of segregation of duties due to the small size of the accounting staff[193](index=193&type=chunk) - To mitigate the control weaknesses, the company relies on direct management oversight and the use of experienced external legal and accounting professionals[194](index=194&type=chunk) - The company plans to improve controls by moving towards a more unified accounting and enterprise resource planning system in 2020 and 2021[195](index=195&type=chunk) [PART II. OTHER INFORMATION](index=46&type=section&id=PART%20II.%20OTHER%20INFORMATION) [Legal Proceedings](index=46&type=section&id=Item%201.%20Legal%20Proceedings) As of September 30, 2020, no material litigation was pending, though two new lawsuits were filed against the company in October 2020 - As of the quarter-end date, September 30, 2020, the company had no pending litigation matters it viewed as material[201](index=201&type=chunk) - Subsequent to the quarter, in October 2020, the company was sued by Harmony Licensing LLC for patent infringement and by Macnica GmbH for alleged non-payment of approximately **$1.043 million**[138](index=138&type=chunk)[139](index=139&type=chunk) [Risk Factors](index=46&type=page&id=Item%201A.%20Risk%20Factors) As a smaller reporting company, Vislink Technologies, Inc. is not required to provide the information requested by this item - The company is not required to provide risk factors as it qualifies as a smaller reporting company[202](index=202&type=chunk) [Unregistered Sales of Equity Securities and Use of Proceeds](index=46&type=section&id=Item%202.%20Unregistered%20Sales%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds) The company reported no unregistered sales of equity securities during the period - None reported[203](index=203&type=chunk) [Defaults Upon Senior Securities](index=46&type=section&id=Item%203.%20Defaults%20Upon%20Senior%20Securities) The company reported no defaults upon senior securities - None reported[204](index=204&type=chunk) [Mine Safety Disclosures](index=46&type=section&id=Item%204.%20Mine%20Safety%20Disclosures) This item is not applicable to the company - Not applicable[205](index=205&type=chunk) [Other Information](index=46&type=section&id=Item%205.%20Other%20Information) No material changes were reported regarding the procedures for security holders to recommend nominees to the Board of Directors - No material changes were reported regarding the procedures for security holders to recommend nominees to the Board of Directors[206](index=206&type=chunk) [Exhibits](index=47&type=section&id=Item%206.%20Exhibits) This section lists exhibits filed with the Form 10-Q, including CEO and CFO certifications and XBRL data files - Exhibits filed include CEO and CFO certifications (Sections 302 and 906 of Sarbanes-Oxley Act) and XBRL interactive data files[208](index=208&type=chunk) [Signatures](index=48&type=section&id=SIGNATURES)

UNITED STATES SECURITIES AND EXCHANGE COMMISSION FORM 10-Q (Mark One) [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2020 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) Washington, DC 20549 (State ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q (Mark One) [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2020 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 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) [X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2019 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 juri ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2019 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) ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2019 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) (Stat ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2019 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) Dela ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) [X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2018 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 ...