Group 1: Core Insights - The evolution of smart home systems is marked by a shift from "passive response" to "active service," with AI-driven solutions enhancing user experience through proactive actions [1][3] - Integration of technologies such as IoT, edge computing, and natural language processing has led to a high accuracy rate of 97% in system recognition [1] - Emotional dimensions are being incorporated into smart home systems, exemplified by features like "family memory" and emotion-recognition lighting systems [1][3] Group 2: Industry Challenges - The rapid growth of the smart home industry has revealed issues such as 17 incompatible communication protocols among different brands and an average of 23 hacking attempts per day on smart devices [1] - A significant portion of users (81%) have never utilized over 200 features available on smart speakers, indicating a problem of "feature redundancy" [1] - The Ministry of Industry and Information Technology has introduced standards for interoperability in smart home devices, pushing companies to open their interfaces [1] Group 3: Technological Advancements - Smart home systems are evolving into entities with cognitive capabilities, utilizing vast networks of sensors to monitor various environmental factors and user behaviors [3] - Machine learning algorithms are enabling devices to predict user needs, blurring the lines between tools and companions [3] Group 4: Social Implications - Smart home technology is creating new social dimensions, such as digital legacies and enhanced family interactions through data generation [5] - Emergency response systems, like smart wristbands for elderly individuals, are redefining safety boundaries within homes [5] - Companies are exploring internet-based transformation strategies to enhance marketing and customer engagement through digital platforms [5]

Core Insights - DEEPX, established in 2018 and headquartered in South Korea, focuses on AI and IoT technologies, developing high-performance AI semiconductors and computing solutions to enable smart capabilities in electronic devices [1] - The company has launched a high-performance intelligent recognition solution in collaboration with PaddleOCR 3.0, utilizing its self-developed ultra-low power AI chip DX-M1, which features 25 TOPS computing performance and supports over 30 frames per second for real-time AI processing [1][2] - DEEPX's partnership with Baidu Paddle extends beyond OCR applications to include drones and embodied intelligence, aiming to provide efficient and intelligent DIY visual solutions for various industry applications [3] Product and Technology Highlights - The DX-M1 chip, built on 5nm technology, supports multi-channel video data processing and can handle multiple AI algorithms simultaneously, making it suitable for embedded systems [1] - The PP-OCRv5 model, designed for multi-modal recognition, efficiently supports five language types and complex text scenarios, demonstrating superior performance compared to NVIDIA's GPU in terms of frame rate and power efficiency [2] - DEEPX is also validating its next-generation AI chip DX-M2 based on 2nm technology with the ERNIE-4.5-VL-28B-A3B model, indicating a focus on low-power operation while maintaining high accuracy [3] Strategic Partnerships and Future Directions - The collaboration with Baidu Paddle is seen as a significant turning point for DEEPX's AI semiconductor technology, enhancing its competitiveness in the global AI market [3] - The partnership aims to accelerate the deployment of AI technologies in edge devices, addressing industry demands for efficient and intelligent solutions [3]

Core Insights - One Stop Systems, Inc. reported a consolidated gross margin increase of over 600 basis points year-over-year to 31.3% on consolidated revenue of $14.1 million for the second quarter of 2025 [1][3] - The OSS segment achieved a gross margin of 41.3% on revenue of $5.8 million, with year-to-date bookings of $25.4 million, indicating a strong outlook for revenue growth and profitability in the second half of 2025 [1][2] Financial Performance - Consolidated revenue increased by 6.9% to $14.1 million from $13.2 million in Q2 2024, with OSS segment revenue rising by 4.3% [3][4] - The OSS segment's gross margin improved significantly by 16.4 percentage points to 41.3%, attributed to a more profitable product mix and the absence of prior inventory charges [4][6] - Total operating expenses rose by 11.6% to $6.2 million, mainly due to increased marketing, selling, and R&D costs [5][10] - The company reported a net loss of $2.0 million, or $(0.09) per share, an improvement from a net loss of $2.3 million, or $(0.11) per share, in the prior year [6][11] Market Outlook - The company anticipates consolidated revenue for the full year 2025 to be between $59 million and $61 million, with OSS segment revenue expected to grow over 20% year-over-year [12][14] - The strategic plan focuses on both commercial and defense markets, aiming to establish OSS as a key player in large, multi-year programs, which is expected to enhance predictable, recurring revenue [12][14] Segment Performance - The Bressner segment revenue increased by 8.7% compared to the same period in 2024, contributing to the overall revenue growth [4][8] - Year-to-date, the OSS segment has generated one of the highest levels of bookings in its history, with a book-to-bill ratio of 2.3x, indicating strong demand from defense and commercial customers [2][13]

As filed with the U.S. Securities and Exchange Commission on August 6, 2025. Registration No. 333-288878 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 AMENDMENT NO. 1 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 VEEA INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Delaware 7373 98-1577353 (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification Number) 1 ...

Core Insights - Duos Technologies Group, Inc. through its subsidiary Duos Edge AI is advancing edge computing solutions to enhance K-12 education, healthcare access, and community connectivity in Texas [1][4] - The company hosted staff from Congressman Ronny Jackson's office to showcase its Edge Data Center (EDC) in Amarillo, Texas, highlighting its role in local data processing and real-time data capabilities [1][3] - Duos Edge AI aims to expand its services from the Amarillo hub to other communities, focusing on delivering high-speed data services to support education, telehealth, and economic growth in rural areas [3][4] Company Overview - Duos Edge AI specializes in adaptive Edge Data Center solutions designed to meet the evolving needs of various environments, particularly underserved communities [5] - The company provides high-powered edge computing solutions that minimize latency and optimize performance, with capabilities of over 100 kW per cabinet and rapid deployment within 90 days [5] - Duos Edge AI's mission includes enhancing technology access in education and healthcare sectors, particularly in rural industries [5] Educational Impact - The partnership with Region 16 Education Service Center is seen as transformative for rural school districts, enabling real-time data processing and local AI capabilities [4] - The initiative is recognized for its potential to bridge the digital divide and improve technology access and workforce development in Tier 3 and Tier 4 markets [4] Regional Context - Region 16 Education Service Center serves 60 school districts and three charter schools across a 26,000 square mile area, with an average daily attendance of over 83,000 students [6] - The collaboration aims to enhance educational infrastructure and community connectivity through advanced technology solutions [4][6]

Core Insights - GSI Technology reported significant revenue growth in Q1 of fiscal 2026, driven by increased demand for SRAM in AI applications, achieving $6.3 million in revenue, a 7% sequential increase and a 35% year-over-year increase [10][18] - The company achieved a gross margin of 58.1%, up 200 basis points sequentially and over 1,100 basis points year-over-year, attributed to a favorable product mix and operating leverage [3][32] - Operating expenses decreased by 15% year-over-year to $5.8 million, excluding a prior-year one-time gain [3][33] Financial Performance - Operating loss narrowed to $2.2 million in Q1 2026 from $4.7 million in Q1 2025, while net loss was $2.1 million or $0.08 per diluted share, compared to net income of $1.1 million in the same period last year [4][34] - Cash and cash equivalents stood at $22.7 million as of June 30, 2025, bolstered by $11 million raised under the ATM program [5][35] - Working capital increased to $25.7 million from $16.4 million as of March 31, 2025, and stockholders' equity rose to $37.4 million from $28.2 million [5][35] Customer and Product Insights - SRAM sales to major customers included Cadence Design Systems at $1.5 million (23.9% of revenue), KYEC at $267,000 (4.3% of revenue), and Nokia at $536,000 (8.5% of revenue) [6][29] - Defense and military sales accounted for 19.1% of shipments, down from 31.9% year-over-year, while SigmaQuad product shipments represented 62.5% of shipments, up from 36.3% in the prior year [7][30] Strategic Developments - The company completed the second spin evaluation of the Gemini-II chip, which is now production-ready, and delivered a LiDAR tool to a defense contractor, marking a significant milestone [8][19] - Management is evaluating funding options to expand software and application teams supporting Gemini-II and is actively engaging with Needham and Company for strategic alternatives [9][13] - Guidance for Q2 of fiscal 2026 projects net revenues between $5.9 million and $6.7 million, with gross margin expected in the 56%-58% range [9][37] Supply Chain and Market Outlook - Extended lead times for back-end assembly in Taiwan are causing temporary delays in SRAM order fulfillment, but stable SRAM revenue is anticipated for the remainder of fiscal 2026 as customers adjust [8][12] - The company is developing dynamic low-precision software libraries and AI compiler enhancements to support Gemini-II's position in edge and defense AI markets [13][27]

Financial Data and Key Metrics Changes - The company achieved net revenue of $6.3 million, up 7% sequentially and 35% year over year [4] - Gross margin improved by 200 basis points sequentially and over 1,100 basis points year over year, reaching 58.1% [5][16] - Operating expenses declined by 15% year over year, totaling $5.8 million [5][18] - The net loss for the quarter was $2.1 million, or $0.08 per diluted share, compared to a net income of $1.1 million in the same period last year [19] Business Line Data and Key Metrics Changes - SRAM sales continued to rise, driven by demand from AI chip emulation systems, but faced supply chain constraints impacting 2026 sales [9][10] - Sales to KYEC were $267,000, down from $1 million a year ago, while sales to Cadence Design Systems increased to $1.5 million from zero in the same period last year [15] - Defense and military sales accounted for 19.1% of first-quarter shipments, down from 31.9% a year ago [15] Market Data and Key Metrics Changes - The company is experiencing strong demand for high-performance SRAM chips, particularly from hyperscalers in the AI sector [9] - Extended lead times due to supply chain issues are affecting the ability to fulfill orders, but forecasts from major customers remain solid [10][16] Company Strategy and Development Direction - The company plans to target high-growth opportunities in the satellite and edge computing sectors, leveraging AI capabilities [7] - There is an emphasis on advancing the development of the Gemini II chip and preparing for the next-generation APU, Plateau [8][20] - The company is evaluating strategic options to secure necessary capital for product development [20] Management's Comments on Operating Environment and Future Outlook - Management acknowledged supply chain challenges due to tariffs affecting assembly operations, particularly in Taiwan [24] - The company expects net revenues in the second fiscal quarter to range between $5.9 million and $6.7 million, with gross margins between 56% and 58% [20] Other Important Information - The company ended the first quarter with a cash position of $22.7 million, up from $13.4 million at the end of the previous quarter [19] - The company is actively working with the Board and advisors to evaluate strategic alternatives for efficient scaling [7][20] Q&A Session Summary Question: Can you provide more color on the supply chain issues? - The transition of assembly operations from China to Taiwan due to tariffs has affected capacity and lead times [24][25] Question: Will that end up making customers possibly order earlier? - Yes, customers are being informed to adjust their ordering patterns to avoid delays [26][27] Question: Sales to KYEC seemed weak this quarter. Can you comment on that? - Inventory levels have stabilized, but orders were not fulfilled within lead times due to supply chain issues [30] Question: What type of product are you shipping to Cadence? - The company is shipping emulation systems that support the design of AI chips [31] Question: What are the trading windows for the ATM? - The trading window opens two days after the earnings call and closes on the fifteenth of the last month of the quarter [32]

Financial Data and Key Metrics Changes - Sales increased by 9.9% year on year to approximately $63 million [2] - Gross profit grew by 10.1% year on year to about $35 million, with a gross profit margin of 55.5% [2] - Profit before tax rose by 17% year on year to $26.6 million, while net profit increased by 13.4% year on year to $21.7 million [3] - Diluted EPS was $1.96 per share, with an interim dividend declared at the same payout ratio of 80% as in the past [3] Business Segment Data and Key Metrics Changes - Sales from the Fixed First Connectivity segment decreased by 13% year on year to $7.6 million [4] - Sales from the Mobile First Connectivity segment increased by 14.4% year on year to $36.8 million [4] - Warranty and support services revenue grew by 6.9% year on year to $13.4 million, while software licenses revenue surged by 33.8% year on year to about $5 million [4] Market Data and Key Metrics Changes - Sales in the EMEA region increased by 39.2% year on year to $20.5 million [5] - Asia Pacific sales rose by 44% year on year to $5.9 million, while sales in other regions, mainly Australia, increased by 25% year on year [5] - Sales to North America decreased by 6.4% year on year to $34 million due to uncertainties with trade policies [5] Company Strategy and Development Direction - The company is optimistic about the growth in the EMEA region, which is expected to become a strong growth driver [11] - New product launches are planned, including innovative products that have no similar offerings in the market [13] - The company aims to expand its software offerings and create new subscription packages to enhance its ecosystem [14] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the overall demand for products in North America despite temporary shipment limitations [5] - The company is focusing on building dedicated products for non-US markets to enhance competitiveness [40] - Management emphasized the importance of creating value for customers and the long-term goal of becoming a connectivity company rather than just a networking company [117] Other Important Information - Recurring revenue increased by 12.5% year on year, accounting for 28.1% of total sales [6] - The number of devices with subscriptions increased by almost 18% year on year, with a take-up rate of 36.5% [6] - The company maintains a healthy balance sheet with a net cash balance of $53 million as of June 2025 [10] Q&A Session Summary Question: Can you elaborate on the situation regarding the US markets and shipments? - Management clarified that shipments were temporarily halted due to uncertainties about tariffs but have since fully resumed [20][22] Question: How significant is the new partnership with Iridium compared to Starlink? - Management indicated that while Iridium is trusted by traditional customers, Starlink has stronger momentum, and the revenue from Iridium is expected to be smaller [24][26] Question: What changes have occurred in the product structure, especially with Starlink? - The company now offers a full range of Starlink products and plans to launch a new integrated product called AntennaMax [32][34] Question: What is driving the strong growth in the EMEA region? - The transportation market in Europe is undergoing extensive upgrades, creating demand for connectivity solutions [39][40] Question: What steps have been taken to increase the subscription take-up rate? - Increased awareness among partners and addressing bottlenecks in the purchasing management portal are key strategies [43][44] Question: How does the company view the future of edge computing? - Management sees edge computing as a trend that will expand the ecosystem and enhance product stickiness, but revenue implications are still being explored [101][104] Question: What is the monetization strategy for the SpeedFusion Connect app? - The current focus is on user adoption rather than immediate monetization, with plans to explore charging in the future [115] Question: How does the company plan to position itself in the next 5 to 10 years? - The long-term goal is to become a connectivity company, expanding beyond just networking products [117]

Financial Performance - Revenue increased by 9.9% year-over-year, from $57298 thousand in 2024 to $62943 thousand in 2025[52] - Net profit increased by 13.4% year-over-year, from $19103 thousand in 2024 to $21665 thousand in 2025[52] - Software Licenses revenue saw a significant increase of 33.8% year-over-year, driven by strong growth of software subscriptions[53] - Recurring revenue increased by 12.5% year-over-year, from $15732 thousand in 2024 to $17698 thousand in 2025, accounting for 28.1% of total sales[58, 62] Business Growth and Partnerships - The number of Authorized Peplink & Starlink Solution Providers (ASPs) increased by 33%[22, 23] - The company is collaborating with Starlink, providing access to Starlink's product suite and user base[16] - The company entered into an agreement with Iridium to cross-promote solutions, opening opportunities for technical collaboration and cross-selling[21] Market Trends and Product Development - The company is focusing on edge computing, evolving routers into "intelligent edge nodes" for data processing[32, 33] - The company is developing new FWA-centric products and subscriptions to capitalize on the growing Fixed Wireless Access market[37, 38] Ecosystem and Verticals - The number of devices under subscription increased by 17.7% year-over-year[50] - The subscription take-up rate increased to 36.5% as of June 30, 2025, compared to 34.1% in December 2024[50, 62] - Top verticals by number of deals won include Enterprise (25%), Public Services (18%), and Maritime (10%)[45]

Financial Performance - Q2 2025 - Revenues reached $5 billion with 2% organic growth[10] - Organic orders grew by 3% year-over-year[10] - Adjusted EBIT was $729 million with a 14.6% margin, a decrease of 80 bps year-over-year[10] - Adjusted EPS was $1.06, a 6% increase year-over-year[10] - Free cash flow was $7 million, an increase of $189 million year-over-year[10] Segment Results - Q2 2025 - Imaging revenues were $2.204 billion, with organic revenue growth of 1%[16] - Advanced Visualization Solutions (AVS) revenues were $1.289 billion, with organic revenue growth of 2%[20] - Patient Care Solutions (PCS) revenues were $778 million, with organic revenue flat at 0%[24] - Pharmaceutical Diagnostics (PDx) revenues were $729 million, with organic revenue growth of 5%[29] Outlook and Tariffs - The company is raising its 2025 Adjusted EPS guidance to $4.43 - $4.63[9, 40] - The company expects a net tariff impact of approximately $265 million, or ~$0.45 per share[40] - The company has mitigated approximately 50% of gross tariffs[39] - The company is updating its 2025 organic revenue growth outlook to ~3%[44] - The company is updating its 2025 Adjusted EBIT Margin to 15.2% - 15.4%[44] - The company is updating its 2025 Free Cash Flow to at least $1.4 billion[44]