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DUOS TECHNOLOGIES GROUP, INC.
DUOTCIK 0001396536NasdaqNon-AcceleratedSmaller ReportingServices-Prepackaged SoftwareFloridaFY ends Dec 31
Period
FY 2025
Revenue
$27.02M
Net Income
$-9.84M
Total Assets
$63.41M
Equity
$48.55M
Shares Out
29.32M
Op. Cash Flow
$-13.75M
Business
Duos Technologies Group, Inc. designs, develops, and deploys modular Edge Data Centers and AI-driven digital infrastructure solutions for distributed computing workloads. The company offers edge computing platforms for low-latency processing, manufacturer-agnostic infrastructure sourcing and supply-chain services, legacy machine vision and inspection technologies, and energy consulting through wholly owned subsidiaries. Primary markets include education, healthcare, enterprise, public sector, and service providers across Tier 2–4 and underserved regions.
Summary from 10-K filed 2026-03-31
Financials
Consolidated Statement of Income
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Total Revenues | 27 | 7 | 7 | 15 | 8 | |
| Total Cost of Revenues | 19 | 7 | 6 | 10 | 6 | |
| GROSS MARGIN | 8 | 469,215 | 1 | 5 | 2 | |
| Sales and marketing | 1 | 2 | 1 | 1 | — | |
| Research and development | 846,850 | 2 | 2 | 2 | 3 | |
| General and administration | 16 | 8 | 9 | 9 | 6 | |
| Total Operating Expenses | 18 | 11 | 13 | 12 | 9 | |
| LOSS FROM OPERATIONS | −10 | −11 | −11 | −7 | −7 | |
| Interest expense | −439,261 | −286,114 | −7,159 | — | — | |
| Change in fair value of warrant liabilities | — | 245,980 | — | — | — | |
| Gain (Loss) on extinguishment of debt | −95,718 | 379,626 | — | — | — | |
| Interest income on lease receivable | 8,466 | — | — | — | — | |
| Interest income | 446,941 | 37,224 | — | — | — | |
| Other Income (Expenses), net | 7,419 | −157,647 | 212,007 | 9,557 | 1 | |
| Total Other Income (Expenses), net | −72,153 | 219,069 | 204,848 | 366 | 1 | |
| NET LOSS | −10 | −11 | −11 | −7 | −6 | |
| Basic Net Loss Per Share | −0.64 | −1.39 | −1.56 | −1.11 | −1.63 | |
| Diluted Net Loss Per Share | −0.64 | −1.39 | −1.56 | −1.11 | −1.63 | |
| Weighted Average Shares-Basic | 15 | 8 | 7 | 6 | 4 | |
| Weighted Average Shares-Diluted | 15 | 8 | 7 | 6 | 4 |
Consolidated Balance Sheet
As of · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash | 15 | 6 | 2 | 1 | 893,720 | |
| Accounts receivable, net | 730,211 | 109,007 | 1 | 3 | 2 | |
| Accounts receivable, net - related parties | 5 | 294,434 | — | — | — | |
| Lease receivable | 35,361 | — | — | — | — | |
| Contract assets | 741,722 | 635,774 | 641,947 | 425,722 | 3,449 | |
| Inventory | 306,759 | 605,356 | 2 | 1 | 298,338 | |
| Prepaid expenses and other current assets | 489,071 | 176,338 | 184,478 | 441,320 | 354,613 | |
| Total Current Assets | 23 | 8 | 6 | 7 | 3 | |
| Inventory - non current, net | 391,770 | 196,315 | — | — | — | |
| Lease receivable, less current portion | 227,629 | — | — | — | — | |
| Property and equipment, net | 28 | 3 | 726,507 | 629,490 | 603,253 | |
| Operating lease right of use asset - Office Lease, net | 4 | 4 | 4 | 5 | 5 | |
| Financing lease right of use asset - Edge Data Centers, net | — | 2 | — | — | — | |
| Operating lease right of use asset - Land, net | 357,561 | — | — | — | — | |
| Security deposit | 450,000 | 500,000 | 550,000 | 600,000 | 600,000 | |
| Equity Investment - Sawgrass APR Holdings LLC | 7 | 7 | — | — | — | |
| Intangible Asset, net | — | 10 | — | — | — | |
| Note Receivable, net | — | — | — | — | — | |
| Patents and trademarks, net | 186,073 | 127,300 | 129,140 | 69,733 | 66,482 | |
| Software development costs, net | 95,275 | 403,383 | 652,838 | 265,208 | — | |
| Total Other Assets | 8 | 17 | 935,728 | 334,941 | 66,482 | |
| TOTAL ASSETS | 63 | 35 | 13 | 13 | 9 | |
| Accounts payable | 5 | 969,822 | 595,634 | 2 | 1 | |
| Notes payable - financing agreements | 2,041 | 17,072 | 41,976 | — | — | |
| Accrued expenses | 306,205 | 373,251 | 164,113 | 453,023 | 618,093 | |
| Operating lease obligation - Office Lease -current portion | 818,519 | 798,556 | 779,087 | 696,869 | 315,302 | |
| Financing lease obligations - Edge Data Centers - current portion | — | 367,451 | — | — | — | |
| Operating lease obligation- Land - current portion | 53,000 | — | — | — | — | |
| Notes payable, net of discount - related parties | — | 2 | — | — | — | |
| Contract liabilities, current - Technology Systems | 134,331 | 403,634 | — | — | — | |
| Contract liabilities, current - Technology Solutions | 1 | — | — | — | — | |
| Contract liabilities, current - CN Digital Agreement | — | 2 | — | — | — | |
| Contract liabilities, current - Services and consulting | 169,369 | 592,400 | — | — | — | |
| Contract liabilities, current - related parties | 4 | 9 | — | — | — | |
| Total Current Liabilities | 11 | 16 | 3 | 4 | 4 | |
| Contract liabilities, less current portion - CN Digital Agreement | — | 7 | — | — | — | |
| Contract liabilities, less current portion - related parties | — | 4 | — | — | — | |
| Operating lease obligation - Office Lease, less current portion | 3 | 4 | 4 | 5 | 5 | |
| Operating lease obligation - Land, less current portion | 311,457 | — | — | — | — | |
| Financing lease obligations - Edge Data Centers, less current portion | — | 2 | — | — | — | |
| Total Liabilities | 15 | 33 | 7 | 9 | 9 | |
| Common stock: $0.001 par value; 500,000,000 shares authorized, 20,449,462 and 8,922,576 shares issued, 20,448,138 and 8,921,252 shares outstanding at December 31, 2025 and December 31, 2024, respectively | 20,449 | 8,921 | 7,306 | 7,156 | 4,111 | |
| Additional paid-in-capital | 133 | 77 | 69 | — | 46 | |
| Accumulated deficit | −84 | −74 | −64 | −52 | −45 | |
| Sub-total | 49 | 2 | 6 | 4 | — | |
| Less: Treasury stock (1,324 shares of common stock at December 31, 2025 and December 31, 2024) | −157,452 | −157,452 | −157,452 | −157,452 | −157,452 | |
| Total Stockholders' Equity | 49 | 2 | 5 | 4 | 781,485 | |
| Total Liabilities and Stockholders' Equity | 63 | 35 | 13 | 13 | 9 |
Consolidated Statement of Cash Flows
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Impairment of property, plant & equipment | 72,872 | — | — | — | — | |
| Depreciation and amortization | 2 | 2 | — | — | — | |
| Inventory write-off | 25,000 | 126,703 | — | — | — | |
| Insurance premium credit | −36,040 | — | — | — | — | |
| Stock based compensation | 4 | 108,981 | 710,047 | 819,191 | 262,411 | |
| Stock issued for services | 566,398 | 165,000 | 143,065 | — | — | |
| Amortization of debt discount related to warrant liabilities | 345,886 | 184,002 | — | — | — | |
| Amortization of operating lease right of use asset - Office Lease | 377,680 | 344,757 | 316,776 | — | — | |
| Amortization of right of use asset - land | 6,962 | — | — | — | — | |
| Amortization of lease right of use asset - Edge Data Centers | 150,821 | 50,820 | — | — | — | |
| Provision for credit losses, accounts receivable | — | 76,037 | — | — | — | |
| Provision for credit losses, note receivable | — | 161,250 | — | — | — | |
| Accounts receivable | −621,204 | 982,985 | 2 | −2 | −611,023 | |
| Accounts receivable-related parties | −5 | — | — | — | — | |
| Lease receivable | 19,782 | — | — | — | — | |
| Note receivable | — | −7,500 | −153,750 | — | — | |
| Contract assets | −105,948 | 6,173 | −216,225 | −422,273 | 99,009 | |
| Inventory | 28,534 | 52,700 | −97,804 | −1 | −185,915 | |
| Prepaid expenses and other current assets | 164,994 | 414,091 | 744,771 | — | — | |
| Accounts payable | 4 | 374,188 | −2 | — | — | |
| Security deposit | 50,000 | 50,000 | 50,000 | — | −600,000 | |
| Accrued expenses | −67,049 | 209,138 | −289,209 | −165,069 | −408,692 | |
| Operating lease obligation - Office Lease | −394,598 | −342,206 | −232,007 | 184,728 | −127,816 | |
| Operating lease obligation - land | −66 | — | — | — | — | |
| Financing lease obligations - Edge Data Centers | −12,358 | 22,055 | — | — | — | |
| Contract liabilities, Services and Consulting | −423,031 | −661,048 | — | — | — | |
| Contract liabilities, Technology Systems | −269,302 | 4 | — | — | — | |
| Contract liabilities, CN Digital Agreement | −1 | −623,173 | — | — | — | |
| Contract liabilities, Technology solutions | 1 | — | — | — | — | |
| Contract liabilities, related parties | −9 | — | — | — | — | |
| Net cash used in operating activities | −14 | −3 | −9 | −8 | −7 | |
| Purchase of patents/trademarks | −71,572 | −9,535 | −69,327 | −18,190 | −7,435 | |
| Purchase of property and equipment | −24 | −2 | −496,686 | −344,915 | −545,505 | |
| Net cash used in investing activities | −24 | −2 | −1 | −644,888 | −552,940 | |
| Repayments on financing agreements | −456,718 | −430,855 | −520,529 | — | — | |
| Proceeds from notes payable, related parties | — | 2 | — | — | — | |
| Repayments of lease financing | −2 | — | — | — | — | |
| Repayments of notes payable, related parties | −2 | — | — | — | — | |
| Proceeds from warrant exercises | — | 899,521 | — | — | — | |
| Proceeds from common stock issued | 54 | 4 | — | 9 | — | |
| Proceeds from exercise of stock options | 865,948 | — | — | — | — | |
| Stock issuance costs | −4 | −220,183 | −25,797 | −942,926 | — | |
| Proceeds from shares issued under Employee Stock Purchase Plan | 254,001 | 166,265 | — | — | — | |
| Proceeds from preferred stock issued | — | 3 | 12 | — | — | |
| Net cash provided by financing activities | 47 | 9 | 11 | 9 | 4 | |
| Net increase (decrease) in cash | 9 | 4 | — | — | — | |
| Interest paid | 282,826 | 3,865 | 7,159 | 9,292 | — | |
| Taxes paid | 91,457 | 20,126 | 29,085 | 1,264 | — | |
| Debt discount for warrant liability | — | 625,606 | — | — | — | |
| Notes issued for financing of insurance premiums | 477,727 | 434,882 | 487,929 | 353,244 | 363,005 | |
| Transfer of inventory to property and equipment | 49,609 | 545,091 | — | — | — | |
| Intangible asset acquired with contract liability | — | 11 | — | — | — | |
| Non-cash intangible write-off | 8 | — | — | — | — | |
| Equity Investment - Sawgrass APR Holdings LLC | — | 7 | — | — | — | |
| Right of use asset and liability for Edge Data Centers | — | 2 | — | — | — | |
| Transfer of property and equipment to lease receivable | 282,772 | — | — | — | — | |
| Non-cash financing activity: Warrants issued as part of equity raise | 836,989 | — | — | — | — | |
| Conversion of Series E Preferred Stock to common stock | 1 | — | — | — | — | |
| Transfer of finance lease asset to property and equipment | 2 | — | — | — | — | |
| Right of use asset and liability for land lease | 364,523 | — | — | — | — |
Filings
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Frequently asked questions
What is DUOS TECHNOLOGIES GROUP, INC.'s CIK number?
DUOS TECHNOLOGIES GROUP, INC.'s SEC CIK number is 0001396536 (1396536). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find DUOS TECHNOLOGIES GROUP, INC.'s SEC filings?
All of DUOS TECHNOLOGIES GROUP, INC.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did DUOS TECHNOLOGIES GROUP, INC. last report earnings?
DUOS TECHNOLOGIES GROUP, INC. (DUOT) most recently filed an earnings 8-K with the SEC on May 19, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001079973-26-000696). This is DUOS TECHNOLOGIES GROUP, INC.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is DUOS TECHNOLOGIES GROUP, INC.'s most recent earnings 8-K?
DUOS TECHNOLOGIES GROUP, INC.'s latest earnings 8-K (Item 2.02) was filed May 19, 2026 under accession 0001079973-26-000696. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View DUOS TECHNOLOGIES GROUP, INC.'s latest earnings 8-K →
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