Financial Data and Key Metrics Changes - For the second quarter, the company reported revenues of $150,000, driven by sales in the industrial verticals [21] - R&D and SG&A expenses for the second quarter were $14.1 million, with cash expenses at $11 million after backing out non-cash charges [21] - Year-over-year, expenses have been reduced by 44%, and the company expects to sustain current spending levels through the rest of the year [21][22] - The company finished the quarter with $91.4 million in cash and cash equivalents, with additional availability under current facilities [23][25] - Average daily trading volume has more than doubled to over 5.2 million shares during the second quarter compared to 2.6 million in the same period in 2024 [26] Business Line Data and Key Metrics Changes - The automotive vertical is expected to be the primary driver for high-volume recurring business, with a focus on cost competitiveness to drive adoption [18] - In the industrial vertical, the company is finalizing several engagements and has introduced an aftermarket product that can be retrofitted into existing forklift fleets [9][10] - The defense vertical presents significant opportunities, with plans to demonstrate an autonomous swarming drone system in the first half of next year [12][13] Market Data and Key Metrics Changes - Increased trading activity and institutional interest in LiDAR and automotive technology have been noted, with blue-chip institutions focusing on these sectors [15][16] - The company is well-positioned with its manufacturing partner in France, minimizing exposure to China-based manufacturing amid dynamic global tariffs [18][19] Company Strategy and Development Direction - The company aims to accelerate the global adoption of autonomous technologies across automotive, industrial, and military segments [14] - The go-to-market strategy focuses on OEMs with mass market product plans, emphasizing scalable and cost-competitive LiDAR products [8] - Partnerships with established prime defense contractors are targeted to enhance revenue growth in the defense sector [19] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the engagement with automotive OEMs and the potential for increased revenue from industrial and defense sectors [6][15] - The company is focused on developing advanced LiDAR sensors and sensor fusion technology to deliver actionable perception software [13][19] - Management highlighted the importance of cost competitiveness in driving higher LiDAR adoption among OEMs [18] Other Important Information - The company has raised approximately $35 million net from the ATM during the second quarter, bolstering its balance sheet [23][25] - The recent investment commitment of over $90 million from a single investor has significantly increased trading activity and visibility among institutional investors [26][27] Q&A Session Summary Question: Can you expand on specific use cases or customer types showing traction in the industrial pipeline? - The company is targeting AGV AMRs in logistics, focusing on higher safety levels and retrofittable solutions to existing installations [31][32] - Revenue is expected to materialize in the second half of this year and continue into 2026 [35] Question: Are there any specific programs or agencies in the defense vertical that you are aiming to engage with? - The company is actively working on partnerships and expects to demonstrate drone technology in the first half of next year [36][38] Question: How do you plan to compete with existing players in the industrial sector? - The company competes on technology, offering silicon-based sensors that provide a cost advantage and are designed for harsh environments [59][60] - The full software stack accompanying the sensors allows for tailored solutions to OEM needs, enhancing competitive positioning [62] Question: What is the status of the industrial OEM evaluating your technology? - There is no delay in decision-making; customers are in various levels of evaluation regarding integration into their systems [54][56] Question: What happened to the seven RFQs mentioned previously? - The RFQs are being reformulated by OEMs, and the quality of these RFQs has improved, indicating potential for real programs and revenue [80][84]

Financial Data and Key Metrics Changes - The company reported consolidated revenue of $14.1 million for Q2 2025, a 6.9% increase from $13.2 million in the same quarter last year [14][15] - Consolidated gross margin expanded to 31.3% in Q2 2025 from 25.2% in the prior year quarter, while the OSS segment margin improved to 41.3% from 24.9% [15][16] - The company expects full-year revenue of approximately $59 million to $61 million for 2025, representing over 20% year-over-year growth for the OSS segment [13][19] Business Line Data and Key Metrics Changes - The OSS segment generated bookings totaling $25.4 million in the first half of the year, with a book-to-bill ratio of 2.3 [4] - The Bresner segment is expected to achieve higher sales and profitability in 2025 compared to last year's results, with recent bookings aligning with targets [7] - The OSS segment's gross margin is expected to be in the 40% range for the full year 2025, up from prior guidance of mid to upper 30s [16][19] Market Data and Key Metrics Changes - The company is seeing signs of stabilization in European markets served by the Bresner operating unit, with recent bookings and revenue in line with targets [7] - The market for composable infrastructure is projected to grow significantly, from $5.87 billion in 2024 to $28.44 billion by 2031 [9] Company Strategy and Development Direction - The company is focused on leveraging high-performance edge compute solutions to meet growing demands in AI, machine learning, and sensor fusion [2] - A multi-year strategic plan has been launched to rebuild the go-to-market approach and expand the sales pipeline [2][3] - The introduction of the Ponto platform aims to address the growing composable infrastructure market and enhance the company's position in commercial data centers [9][10] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to capitalize on multi-year growth opportunities driven by AI and machine learning [7] - The company anticipates further commercial and defense announcements in the coming months, supported by strong demand for enterprise-class compute solutions [6] - Management remains cautious about the Bresner segment's growth outlook while optimistic about the OSS segment's potential [25][26] Other Important Information - The company has recognized lifetime contracted revenue of over $50 million on the PA platform, with expectations of approximately $4 million in cumulative sales between 2026 and 2029 [5][6] - R&D investments have been increased in 2025 to capitalize on emerging opportunities [8] Q&A Session Summary Question: What is the outlook for the Bresner segment? - Management noted that the Bresner segment is expected to perform well, with market recovery in Europe providing opportunities for growth [24][25] Question: How does the company view the data center market and AI partnerships? - The company is adjusting product lines to meet the demand for higher wattage GPUs and is actively engaging with AI software vendors for partnerships [28][31] Question: What is the expected growth rate for OSS and Bresner segments in 2026? - The OSS segment is expected to grow at about 20% to 25% annually, while the Bresner segment is modeled for growth in the range of 7% to 9% [41] Question: How is the company managing supply chain challenges? - Management indicated that they are working closely with suppliers to mitigate lead time risks and ensure production ramp-up in the second half of the year [34] Question: What is the current status of government and commercial bookings? - The company reported a stronger mix of defense bookings in the first half of the year, with expectations for continued alignment with bid and proposal activities [53][54]

Group 1 - One Stop Systems, Inc. (OSS) shares increased by 10.5% to $5.6 in the last trading session, with a notable trading volume, and have gained 13.2% over the past four weeks [1] - The company is experiencing growing demand for its high-performance edge compute solutions, driven by advancements in AI, machine learning, autonomy, and sensor fusion [1] - The consensus EPS estimate for OSS is a quarterly loss of $0.05 per share, reflecting a year-over-year change of +44.4%, with expected revenues of $13.3 million, up 0.8% from the previous year [2] Group 2 - The consensus EPS estimate for OSS has remained unchanged over the last 30 days, indicating that stock price movements may not continue without trends in earnings estimate revisions [3] - OSS is ranked 3 (Hold) by Zacks, while Rockwell Automation (ROK), another company in the same industry, has a Zacks Rank of 2 (Buy) [3][4] - Rockwell Automation's consensus EPS estimate has changed by +0.3% to $2.68, representing a year-over-year change of -1.1% [4]

Core Viewpoint - SaverOne has been granted a new patent, enhancing its technological leadership in mobile device detection and classification within vehicles, which is crucial for improving transportation safety [1][3] Group 1: Patent and Intellectual Property - The new patent, numbered 12,326,512, focuses on classifying mobile device usage in vehicles using sensor fusion technology [1] - With this patent, SaverOne's intellectual property portfolio now consists of 23 patents, including 14 granted patents and 9 pending applications across key markets such as the US, Europe, Israel, China, and the UK [2] Group 2: Technology and Safety Solutions - SaverOne's technology aims to prevent driver distraction by recognizing the driver's area in the vehicle and restricting access to distracting applications while allowing essential functions [4] - The annual cost of road accidents in the US is approximately $870 billion, with a quarter of these accidents linked to mobile phone usage while driving [4] Group 3: Market Focus and Strategy - The primary target markets for SaverOne include commercial and private vehicle fleets, vehicle manufacturers, and insurance companies, with an initial focus on the Israeli, European, and US markets [5] - The company plans to provide its technology for both aftermarket installations and original equipment manufacturer (OEM) integrations during vehicle manufacturing [6] Group 4: Future Developments - SaverOne is also developing a Vulnerable Road User (VRU) solution to enhance Advanced Driver Assistance Systems (ADAS) by improving detection capabilities in challenging conditions [7][8] - The company’s initial product line aims to prevent accidents caused by mobile phone distractions, while also working on systems for early detection of vulnerable road users [10]

Core Viewpoint - SaverOne has signed a preliminary agreement with a leading European automotive-technology provider to integrate its Vulnerable Road User (VRU) detection solution into an Advanced Driver Assistance Systems (ADAS) platform, enhancing road safety through improved detection capabilities [1][2][3] Group 1: Collaboration and Technology Integration - The collaboration marks a significant milestone for SaverOne's VRU solution, focusing on sensor fusion to improve detection of VRUs like pedestrians in Non-Line-of-Sight (NLoS) scenarios [2] - The integrated system will utilize SaverOne's Radio Frequency (RF) detection technology to create a detailed environmental model, enhancing situational awareness for safer vehicle decisions [2][3] - The new sensor fusion concept aims to provide non-line-of-sight detection of vulnerable road users, a feature currently unavailable in the market [3] Group 2: Company Overview and Market Focus - SaverOne is developing a VRU solution that enhances ADAS performance, particularly in adverse weather and low visibility conditions, by identifying VRUs through their cellphone signals [4] - The company targets commercial and private vehicle fleets, including public transportation, and aims to reduce costs associated with road accidents, which in the US alone amount to approximately $870 billion annually [5][6] - SaverOne's strategy includes providing technology for both aftermarket installations and direct integration with OEM vehicle manufacturers [7][8]

Financial Data and Key Metrics Changes - For Q1 2025, consolidated revenue was reported at $12.3 million, reflecting a 3.1% year-over-year decrease due to lower revenue in both OSS and Bresner segments [17][19] - Consolidated gross margin increased to 32.6% from 29.4% in the prior year, driven by a more profitable mix of revenue in the OSS segment [17][18] - OSS segment gross margin improved to 45.5% compared to 34.2% a year ago, primarily due to higher margin products shipped [18] - The company reported a GAAP net loss of $2 million or $0.09 per share, compared to a net loss of $1.3 million or $0.06 per share in the prior year [19][20] Business Line Data and Key Metrics Changes - OSS segment bookings showed a strong performance with a book-to-bill ratio of 2.0 for the quarter, contributing to a trailing twelve-month book-to-bill ratio of 1.33 [10][16] - Bresner segment gross profit margin was reported at 23.1%, a decrease of 2.6 percentage points from the same period last year, primarily due to product mix [19] Market Data and Key Metrics Changes - The company noted that while the German and EU economies faced challenges in 2023 and 2024, stability is beginning to return to the region [11] - The company is exploring partnerships with international firms and seeking U.S.-based manufacturing options to leverage excess capacity and technical capabilities [12][14] Company Strategy and Development Direction - The company is focusing on strategic growth opportunities in high-performance edge compute solutions to meet demands in AI, machine learning, and sensor fusion [6][15] - The sales strategy includes identifying applications early in the engineering cycle, a land and expand strategy, and leveraging integrated compute and storage architecture capabilities [7][9] - The company aims to build predictable and recurring revenue streams through a growing number of platforms and program opportunities across commercial and defense markets [10] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving 2025 annual guidance, expecting revenue and profitability to improve significantly in the second half of the year [5][21] - The company is well-positioned to capitalize on multiyear growth opportunities driven by the increasing adoption of AI and related technologies [15] - Management acknowledged delays in certain programs due to government budget issues but remains optimistic about underlying demand trends [14][56] Other Important Information - The company announced a record contract award of $6.5 million with a defense prime contractor and several other significant contracts in the OSS segment [4][11] - The company is actively pursuing opportunities to displace lower-cost Asian manufacturers in the U.S. markets due to tariffs providing a competitive advantage [12] Q&A Session Summary Question: Visibility on $30 million of core OSS revenue - Management indicated a mix of existing contracts and new business contributing to the expected revenue [23] Question: Delivery timeline for the $6.5 million contract - All deliveries are expected to be completed within 2025, with some spread across Q2, Q3, and Q4 [24] Question: Pipeline opportunities of size around $20 million - Management noted a variety of opportunities in the pipeline, with expectations for larger program values in the future [25] Question: $200 million Army situational awareness opportunity - The system is under evaluation by the Army, and if adopted, could lead to significant revenue over several years [26][28] Question: Timeline for data center opportunities - Existing products are expected to generate revenue in the second half of the year, with active engagements ongoing [39] Question: Impact of government discretionary budgets - Current budgets are under a continuing resolution, causing some delays in program awards, but the 2026 budget cycle is accelerating [45] Question: Customer-funded development opportunities - An example was provided where a $1 million customer-funded program led to $40 million in revenue over several years [46] Question: Gross margins for OSS segment - Expected gross margins in the mid to upper 30% range, with product margins in the low to high 30s and customer-funded development in the 15% to 20% range [49]