Core Insights - Odysight.ai Inc. has reported financial results for the nine months ending September 30, 2025, indicating a transformative phase with a focus on growth and market adoption of its visual sensing and AI analytics technologies [1][3]. Financial Performance - Revenues for the first nine months of 2025 were approximately $2.6 million, a slight decrease from $2.7 million in the same period of 2024 [7][8]. - The cash balance as of September 30, 2025, was approximately $29.8 million, significantly up from $13.6 million a year earlier [12]. - The backlog stood at approximately $14.2 million as of September 30, 2025, with monetization expected to continue through 2026 and beyond [2][9]. Business Developments - The company has successfully transitioned from the medical device market to aerospace, transportation, and industrial sectors, with commercial aerospace revenues booked in 2025 [4]. - Key achievements include the first operational footprint in Europe with the Italian Air Force and the delivery of a vision-based monitoring system for the Heron TP UAV [4]. - Odysight.ai has signed a strategic partnership to integrate its predictive health monitoring system across various sectors, including defense and heavy vehicles [4]. Operational Highlights - The gross profit for the nine months ended September 30, 2025, was $0.7 million, reflecting a gross margin of approximately 27%, compared to a gross margin of 26% in the previous year [10]. - Operating expenses increased to $14.4 million, up from $9.4 million in the same period of 2024, primarily due to expansion efforts and marketing activities [11]. - The net loss for the nine months was $12.8 million, compared to a net loss of $8.2 million in the prior year [12].

Core Insights - Odysight.ai Inc. reported financial results for the first half of 2025, showing significant revenue growth and strategic advancements in partnerships and technology deployment [1][4][3]. Financial Performance - Revenues for the six months ended June 30, 2025, were approximately $2.4 million, an increase from $1.4 million for the same period in 2024, primarily due to a $1.7 million contract with a Fortune 500 medical company [4]. - The cost of revenues increased to $1.8 million from $1.1 million, attributed to the same Fortune 500 contract and inventory impairment [5]. - Gross profit was $0.7 million with a gross margin of approximately 28%, compared to a gross profit of $0.3 million and a margin of 21% in the previous year [6]. - Operating expenses rose to $9.7 million from $6.0 million, driven by operational expansion and one-time uplisting expenses, resulting in a net loss of $8.3 million compared to $5.3 million in the prior year [9]. - As of June 30, 2025, the company had a net cash position of approximately $33.2 million, significantly up from $13.6 million a year earlier [10]. Strategic Developments - The company deepened partnerships with tier-one customers and advanced its predictive maintenance system, particularly in the aerospace and defense sectors [3]. - Notable achievements include the deployment of its system on the Heron TP UAV for the Israeli Ministry of Defense and a strategic partnership with a multinational technology group [7]. - The backlog as of June 30, 2025, was approximately $14.4 million, indicating strong future revenue potential [4][8]. Market Position and Future Outlook - Odysight.ai is positioned as a leader in the predictive maintenance and condition-based monitoring markets, leveraging its unique video sensor-based solutions across various industries [13]. - The company aims to expand its technology applications beyond aviation, with ongoing collaborations in defense, mining, agriculture, and transportation sectors [3][7].

As filed with the Securities and Exchange Commission on January 24, 2025 Registration No. 333-283773 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 Odysight.ai Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) Nevada 7370 47-4257143 (I.R.S. Employer Identification No.) Sui ...

As filed with the Securities and Exchange Commission on June 24, 2024 Registration No. 333-273285 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 AMENDMENT No. 5 to FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Odysight.ai Inc. (Exact Name of Registrant as Specified in its Charter) (State or Other Jurisdiction of Incorporation or Organization) (Primary Standard Industrial Classification Code Number) Nevada 7370 47-4257143 (I.R.S. Employer Identification No.) Suite ...

As filed with the Securities and Exchange Commission on July 17, 2023 Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Odysight.ai Inc. (Exact Name of Registrant as Specified in its Charter) (State or Other Jurisdiction of Incorporation or Organization) (Primary Standard Industrial Classification Code Number) Nevada 7370 47-4257143 (I.R.S. Employer Identification No.) Suites 7A and 3B, Industrial Pa ...