Odysight.ai Inc. (ODYS) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
14201 N. HAYDEN ROAD, SUITE A-1 SCOTTSDALE, AZ 85260 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| Industry (SIC) | 3827 - Optical Instruments and Lenses (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 3/31/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 3/31/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 8,945 | 10,099 | 8,581 | 3,373 | 3,245 | 26 | |||
| Cash and cash equivalents | 8,945 | 10,099 | 8,581 | 3,373 | 3,245 | 26 | |||
| Restricted cash and investments | |||||||||
| Receivables | 1,372 | 60 | 8 | 64 | 95 | ||||
| Inventory, net of allowances, customer advances and progress billings | 504 | 630 | 167 | 244 | 900 | ||||
| Inventory | 504 | 630 | 167 | 244 | 900 | ||||
| Deposits current assets | 8,096 | 3,047 | 11,013 | ||||||
| Other current assets | 432 | 281 | 443 | 348 | 78 | ||||
| Total current assets: | 19,349 | 14,117 | 20,212 | 4,029 | 4,318 | 26 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 1,380 | 307 | 482 | 107 | 53 | ✕ | |||
| Property, plant and equipment | 477 | 648 | 781 | 269 | 59 | ||||
| Contract with customer, asset, after allowance for credit loss | 1,256 | 1,495 | 1,675 | 1,130 | |||||
| Other noncurrent assets | 96 | ||||||||
| Other undisclosed noncurrent assets | 271 | 328 | 396 | 360 | 327 | ||||
| Total noncurrent assets: | 3,480 | 2,778 | 3,334 | 1,866 | 439 | ||||
| TOTAL ASSETS: | 22,829 | 16,895 | 23,546 | 5,895 | 4,757 | 26 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 1,044 | 876 | 668 | 643 | 884 | ||||
| Employee-related liabilities | ✕ | ✕ | ✕ | 355 | 369 | 297 | |||
| Accounts payable | 287 | 297 | 103 | 79 | 35 | ||||
| Accrued liabilities | 757 | 579 | 210 | 195 | 552 | ||||
| Deferred revenue | 527 | 1,426 | 346 | 502 | ✕ | ||||
| Debt | 24 | 170 | |||||||
| Due to related parties | ✕ | ✕ | 58 | 39 | 500 | 28 | |||
| Other undisclosed current liabilities | 511 | 199 | 256 | 129 | |||||
| Total current liabilities: | 2,082 | 2,559 | 1,309 | 772 | 1,910 | 198 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation: | 203 | 47 | 29 | ||||||
| Liabilities, other than long-term debt | 2,679 | 2,282 | 2,074 | 779 | |||||
| Deferred revenue | 1,795 | 2,218 | 2,074 | 779 | ✕ | ||||
| Other liabilities | 28 | ||||||||
| Operating lease, liability | 856 | 64 | 203 | 47 | 29 | ✕ | |||
| Other undisclosed noncurrent liabilities | 261 | 268 | 344 | 333 | 296 | ||||
| Total noncurrent liabilities: | 2,940 | 2,550 | 2,621 | 1,159 | 325 | ||||
| Total liabilities: | 5,022 | 5,109 | 3,930 | 1,931 | 2,235 | 198 | |||
| Equity | |||||||||
| Equity, attributable to parent | 17,807 | 11,786 | 19,616 | 3,964 | 2,522 | (172) | |||
| Common stock | 10 | 7 | 7 | 37 | 27 | 3 | |||
| Additional paid in capital | 52,004 | 36,541 | 34,903 | 10,234 | 4,135 | 71 | |||
| Accumulated deficit | (34,207) | (24,762) | (15,294) | (6,307) | (1,640) | (245) | |||
| Total equity: | 17,807 | 11,786 | 19,616 | 3,964 | 2,522 | (172) | |||
| TOTAL LIABILITIES AND EQUITY: | 22,829 | 16,895 | 23,546 | 5,895 | 4,757 | 26 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 3/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 3,033 | 665 | 387 | 491 | 309 | |||
| Cost of revenue | (2,524) | (1,631) | (1,108) | (994) | (542) | |||
| Gross profit: | 509 | (966) | (721) | (503) | (233) | |||
| Operating expenses | (11,142) | (8,473) | (8,391) | (4,203) | (1,574) | (91) | ||
| Operating loss: | (10,633) | (9,439) | (9,112) | (4,706) | (1,807) | (91) | ||
| Nonoperating income (expense) | 200 | 30 | 8 | (8) | ||||
| Other nonoperating income | 200 | 30 | 8 | |||||
| Interest and debt expense | (20) | (8) | ||||||
| Loss from continuing operations before equity method investments, income taxes: | (10,433) | (9,409) | (9,104) | (4,706) | (1,827) | (108) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | 988 | (59) | 117 | 41 | 3,654 | |||
| Income (loss) from continuing operations before income taxes: | (9,445) | (9,468) | (8,987) | (4,665) | 1,827 | (108) | ||
| Income tax expense (benefit) | (2) | 2 | ||||||
| Income (loss) from continuing operations: | (9,445) | (9,468) | (8,987) | (4,667) | 1,829 | (108) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (8,987) | (4,667) | 1,829 | (108) | |
| Net income (loss): | (9,445) | (9,468) | (8,987) | (4,667) | 1,829 | (108) | ||
| Other undisclosed net income (loss) attributable to parent | (3,658) | 8 | ||||||
| Net loss available to common stockholders, diluted: | (9,445) | (9,468) | (8,987) | (4,667) | (1,829) | (100) | ||
Comprehensive Income ($ in thousands)
| 3/31/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 3/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (9,445) | (9,468) | (8,987) | (4,667) | 1,829 | (108) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (9,445) | (9,468) | (8,987) | (4,667) | 1,829 | (108) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.