Core Insights - Xtract One Technologies' Gateway system has been selected by Manor Independent School District to enhance security measures across its campuses [1][2][3] - The deployment is part of a broader multi-tier safety initiative that began in Fall 2024, aimed at improving long-term security processes [2][3] - The Gateway system is designed to detect weapons among everyday items, addressing key safety concerns for the district [2][3] Company Overview - Xtract One Technologies specializes in AI-driven threat detection and security solutions, focusing on unobtrusive weapons detection systems [5] - The company's Gateway solutions are tailored for various environments, including schools, hospitals, and stadiums, ensuring high security while maintaining a seamless experience for users [5] Deployment Details - The initial deployment includes seven Gateway systems at four high schools, with plans to expand to all 15 campuses in the district [2] - An additional 11 systems are planned for future deployment, solidifying the Gateway as a permanent part of the district's security strategy [2] Technology Features - The Gateway system utilizes advanced sensors to differentiate between everyday items and potential threats, allowing for faster screening processes [3] - It can streamline access up to four times faster than traditional methods while ensuring individual privacy and safety standards [3]

Summary of Xtract One Technologies Conference Call Company Overview - **Company**: Xtract One Technologies Incorporated - **Industry**: Physical Security Technology - **Market Size**: $135 billion globally for physical security solutions [9][19] Core Points and Arguments - **Digital Transformation in Security**: The company aims to disrupt the physical security industry by leveraging software, AI, and sensor technologies to provide proactive security solutions, moving away from outdated methods like metal detectors [2][3][5] - **Growing Threats**: There is an increasing global threat of weapons proliferation, with reports of workplace violence rising significantly, highlighting the need for advanced security solutions [4][20] - **Innovative Technology**: Xtract One's technology allows individuals to pass through security without removing personal items while effectively detecting weapons, thus enhancing user experience and safety [6][12][14] - **Revenue Growth**: The company has experienced strong revenue growth, moving from a couple hundred thousand dollars in 2021 to tens of millions, with a healthy backlog indicating future growth [16][22][35] - **SaaS Business Model**: The company operates on a subscription-based model, providing predictable and recurring revenues [9][33] Market Segments and Products - **Target Markets**: The primary markets include schools, hospitals, manufacturing, distribution, and arenas/stadiums [19][36] - **Product Offerings**: - **SmartGateway**: Designed for arenas, stadiums, and hospitals, effectively detecting small weapons [16][19] - **Xtract One Gateway**: Tailored for schools and office environments, facilitating smooth entry without delays [17][18] Competitive Advantage - **Unique Detection Capabilities**: The technology can differentiate between weapons and everyday items, maintaining a low false alert rate while ensuring high ingress speed [25][29] - **Customer Validation**: The technology has been validated by high-security organizations, enhancing credibility [8][24] Financial Indicators - **Backlog Growth**: The backlog of orders is a strong indicator of future revenue, with many customers on a subscription basis [33][38] - **Market Penetration**: The company has only scratched the surface of its market potential, indicating significant room for growth [24][26] Additional Insights - **Customer Experience**: The technology not only improves security but also enhances the overall experience for users, as evidenced by increased employee satisfaction in hospitals and faster entry times at venues [10][15] - **International Expansion**: The company is seeing interest from international markets, particularly in regions where knife threats are prevalent [20][19] Conclusion - **Investment Opportunity**: Xtract One Technologies presents a compelling investment opportunity due to its innovative solutions, strong market demand, and significant growth potential in a large and expanding market [26][24]

Xtract One Gateway Deployment to Improve School Security Screenings with Non-intrusive Technology for the 2025-2026 School Year TORONTO, Aug. 05, 2025 (GLOBE NEWSWIRE) -- Xtract One Technologies (TSX: XTRA)(OTCQX: XTRAF)(FRA: 0PL) ("Xtract One" or the "Company") today announced its Xtract One Gateway ("Gateway") system has been chosen by Volusia County Schools in Volusia County, Florida, to increase protective measures for the district's school security screening process. In partnership with systems integra ...

Core Insights - Xtract One Technologies has been selected by Mecklenburg County Public Schools to implement its Gateway system for enhanced school security [1][2][4] - The Gateway system is designed to efficiently screen for weapons while allowing students to carry personal items without the need for divesting [3][4] - The partnership aims to improve safety and provide a deterrent against contraband and weapons in schools [4] Company Overview - Xtract One Technologies specializes in AI-driven threat detection and security solutions, focusing on unobtrusive weapons detection systems [6] - The company's Gateway solutions are tailored for various environments, including schools, hospitals, and stadiums, ensuring high security while maintaining a seamless experience for users [6] Industry Context - The implementation of advanced security systems like Xtract One's Gateway reflects a growing trend in educational institutions to enhance safety measures amid rising concerns about school security [2][4] - The Gateway system addresses previous challenges faced by schools in effectively screening personal items, thus streamlining security processes [2][3]

Core Viewpoint - Xtract One Technologies Inc. reported a decrease in revenue for the third quarter of fiscal 2025 but maintains a strong backlog and positive outlook for future growth, driven by new product launches and significant orders [3][4]. Financial Performance - Consolidated revenue for the three months ended April 30, 2025, was $3.5 million, down from $4.7 million in the same period last year, attributed to delayed deployments [4][7]. - Gross profit for the quarter was $2.0 million, resulting in a gross profit margin of 57%, compared to a gross profit of $2.7 million and a margin of 58% in the prior-year period [4][7]. - Comprehensive loss for the quarter was $3.3 million, an increase from a loss of $2.7 million in the same period of fiscal 2024, reflecting reduced gross profit offset by lower operating costs [5][7]. Backlog and Orders - The total contractual backlog at the end of the third quarter was $15.4 million, up from $13.8 million in the prior-year period, excluding an additional $21.1 million of agreements pending installation [7]. - The company has $6.7 million in orders for its new Xtract One Gateway product, which is set to start shipping in July [3][7]. Operational Developments - Recent wins include contracts with the Colorado Rockies and an international entertainment giant, positioning the company favorably for the upcoming quarters [3][7]. - The company has conducted numerous demonstrations and trials across various sectors, including education, healthcare, and manufacturing [7]. Cash Flow and Financial Position - Cash and cash equivalents decreased to $1.9 million as of April 30, 2025, down from $8.6 million at the end of the previous fiscal year [16][17]. - The company reported a net loss of $8.4 million for the nine months ended April 30, 2025, compared to a loss of $8.7 million for the same period in 2024 [17].

"I'm pleased to say that market response to the demonstrations of Xtract One Gateway has been strong. Shipments are set to begin shortly, and demand continues to rise, as we work on additional contracts following customer engagement," stated Peter Evans, Chief Executive Officer of Xtract One. "We've shown our unique threat detection capabilities to dozens of companies and are excited to see this product put to use in the very near future, in multiple applications and markets. After experiencing Xtract One G ...