Odysight.ai Inc. ODYS
production and marketing of innovative visual monitoring artificial intelligence, or AI, solutions that deploy small visual sensors to
monitor critical safety components in hard-to-reach locations and harsh environments, across various PdM, and CBM use cases applied both
for the civil and defense sectors. We aim to be the industry benchmark for real-time, visual-based machine and infrastructure health monitoring
and predictive maintenance analysis through AI and machine learning data analytics.
Valuation FY2025 figures against the last close
Where the revenue comes from as reported in the latest 10-K
Revenue by geography
- United States
- Israel
- Other
| Region | FY2025 | FY2024 |
|---|---|---|
| United States | $1.9M | $3.0M |
| Israel | $1.1M | $911.0K |
| Other | $9.0K | $39.0K |
As the company reported it, from the “SCHEDULE OF REVENUES WITHIN GEOGRAPHIC AREAS (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.0M | $4.0M | $3.0M | $665.0K | $387.0K | $491.0K | $309.0K | $391.0K | — | — |
| Cost of revenue | $2.1M | $2.8M | $2.5M | $1.6M | $1.1M | $994.0K | $542.0K | $221.0K | — | — |
| Gross profit | $871.0K | $1.2M | $509.0K | -$966.0K | -$721.0K | -$503.0K | -$233.0K | $170.0K | — | — |
| R&D | $9.6M | $6.9M | $5.6M | $4.2M | $2.0M | $725.0K | $274.0K | $183.0K | — | — |
| SG&A | $7.0M | $5.6M | $4.4M | $3.6M | $5.5M | $3.0M | $1.1M | $240.0K | $3.7K | $4.3K |
| Total operating expenses | — | — | — | — | — | — | — | $91.5K | $23.4K | $33.4K |
| Operating income | -$18.1M | -$12.5M | -$10.6M | -$9.4M | -$9.1M | -$4.7M | -$1.8M | -$523.0K | — | — |
| Interest expense | — | — | — | — | — | — | — | $8.0K | $4.6K | $2.8K |
| Pre-tax income | $17.0M | $11.8M | -$9.4M | -$9.5M | -$9.0M | -$4.7M | -$1.8M | -$523.0K | — | — |
| Income tax | $0 | — | — | — | $229.0K | $2.0K | $2.0K | $1.0K | — | — |
| Net income | -$17.0M | -$11.8M | -$9.4M | -$9.5M | -$9.0M | -$4.7M | -$1.8M | -$524.0K | -$28.0K | $13.8K |
| EPS, basic | -1.07 | -1.03 | -0.98 | -1.33 | -1.44 | — | — | — | — | — |
| EPS, diluted | -1.07 | -1.03 | -0.98 | -1.33 | -1.44 | -1.32 | -0.11 | -0.03 | -0.01 | 0.01 |
| Shares, diluted (wtd. avg.) | 15,900 | 11,445 | 9.7M | 7,122 | 6.2M | — | — | — | — | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $25.7M | $18.2M | $8.9M | $10.1M | $8.6M | $3.4M | $3.2M | $26.3K | $10.2K | $2.7K |
| Receivables | $278.0K | $1.5M | $1.4M | $60.0K | $8.0K | $17.0K | $22.0K | $90.0K | — | — |
| Inventory | $50.0K | $203.0K | $504.0K | $630.0K | $167.0K | $244.0K | $900.0K | $81.0K | — | — |
| Total current assets | $27.5M | $20.8M | $19.3M | $14.1M | $20.2M | $4.0M | $4.3M | $233.0K | — | — |
| Property, plant and equipment | $346.0K | $407.0K | $477.0K | $648.0K | $781.0K | $269.0K | $59.0K | $13.0K | — | — |
| Total assets | $29.0M | $23.7M | $22.8M | $16.9M | $23.5M | $5.9M | $4.8M | $516.0K | $10.2K | $2.7K |
| Accounts payable | $480.0K | $442.0K | $287.0K | $297.0K | $103.0K | $79.0K | $35.0K | $19.0K | $27.9K | $23.3K |
| Short-term debt | — | — | — | — | — | — | — | — | — | $20.0K |
| Total current liabilities | $3.0M | $3.3M | $2.1M | $2.6M | $1.3M | $772.0K | $1.9M | $182.0K | $82.5K | $47.0K |
| Total liabilities | $3.6M | $5.4M | $5.0M | $5.1M | $3.9M | $1.9M | $2.2M | $634.0K | — | — |
| Retained earnings | -$63.0M | -$46.0M | -$34.2M | -$24.8M | -$15.3M | -$6.3M | -$1.6M | -$245.0K | -$145.5K | -$117.5K |
| Total equity | $25.4M | $18.2M | $17.8M | $11.8M | $19.6M | $4.0M | $2.5M | -$118.0K | -$117.0K | -$44.3K |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$13.7M | -$8.2M | -$10.0M | -$6.1M | -$5.9M | -$4.2M | -$1.8M | -$454.0K | -$23.5K | -$5.5K |
| Depreciation and amortisation | $117.0K | $123.0K | $284.0K | $251.0K | $114.0K | $66.0K | $6.0K | $5.0K | — | — |
| Stock-based compensation | $3.1M | $2.4M | $1.7M | $1.6M | $2.0M | $1.1M | $27.0K | $25.0K | — | — |
| Capital expenditure | $56.0K | $53.0K | $113.0K | $118.0K | $595.0K | $276.0K | $52.0K | — | — | — |
| Investing cash flow | $254.0K | $7.6M | -$5.1M | $7.9M | -$11.6M | -$276.0K | -$55.0K | $4.0K | — | — |
| Financing cash flow | $21.1M | $9.8M | $13.8M | — | $22.6M | $4.5M | $5.1M | $450.0K | $31.0K | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001493152-26-011691.
Plot the figures US dollars
- Buybacks
- Goodwill
- Total current assets
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Buybacks | — | — | — | — | — | — | — | — | — | — |
| Goodwill | — | — | — | — | — | — | — | — | — | — |
| Total current assets | — | — | $233.0K | $4.3M | $4.0M | $20.2M | $14.1M | $19.3M | $20.8M | $27.5M |
Recent filings and events
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Material agreement terminated An agreement that mattered has ended. Often the other half of a deal that fell through. Item 1.02
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Material agreement signed Item 1.01
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Results announced Item 2.02
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Regulation FD disclosure Item 7.01
- Other event Item 8.01
- Unregistered share sale Shares issued outside a registered offering. Dilution, and for a small company often the way it is funded. Item 3.02
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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