Odysight.ai Inc.
Business
Odysight.ai Inc. develops and commercializes vision-based AI solutions for real-time machine and infrastructure health monitoring. It offers the Odysight TruVision system comprising micro cameras, an AI/ML processing unit, embedded software, video analytics algorithms, cloud-based analytics and technician user tools for predictive maintenance and condition-based monitoring. Its business focuses on deploying integrated PdM and CBM solutions across aerospace, defense, medical and Industry 4.0 use cases, with modular hardware and subscription-based software services. Sales are targeted primarily to aerospace and industrial OEMs, government and maintenance organizations in Israel, the U.S., Europe and other international markets via direct OEM relationships, strategic partners, proof-of-concept demonstrations and third-party representatives.
Summary from filing dated 2025-03-26
Financials
Consolidated Statement of Income
| 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 |
|---|---|---|---|---|---|---|
| REVENUES | 3 | 4 | 3 | 665,000 | 387,000 | |
| COST OF REVENUES | 2 | 3 | 3 | 2 | 1 | |
| GROSS PROFIT | 871,000 | 1 | 509,000 | −966,000 | −721,000 | |
| RESEARCH AND DEVELOPMENT EXPENSES | 10 | 7 | 6 | 4 | 2 | |
| SALES AND MARKETING EXPENSES | 2 | 1 | 1 | 699,000 | 908,000 | |
| GENERAL AND ADMINISTRATIVE EXPENSES | 7 | 6 | 4 | 4 | 5 | |
| OPERATING LOSS | −18 | −13 | −11 | −9 | −9 | |
| FINANCING INCOME, NET | 1 | 740,000 | 988,000 | −59,000 | 117,000 | |
| NET LOSS | −17 | −12 | −9 | −9 | −9 | |
| Net loss per share basic | −1.07 | −1.03 | −0.98 | −1.33 | −1.44 | |
| Net loss per share diluted | −1.07 | −1.03 | −0.98 | −1.33 | — | |
| Weighted average common shares basic | 15,900 | 11,445 | 10 | 7,122 | 6 | |
| Weighted average common shares diluted | 15,900 | 11,445 | 10 | 7,122 | — |
Consolidated Balance Sheet
| 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 and cash equivalents | 26 | 18 | 9 | 10 | 9 | |
| Restricted cash | 333,000 | — | — | — | — | |
| Restricted deposit | — | 322,000 | — | — | — | |
| Accounts receivable | 278,000 | 2 | 1 | 60,000 | 8,000 | |
| Inventory | 50,000 | 203,000 | 504,000 | 630,000 | 167,000 | |
| Other current assets | 1 | 588,000 | 432,000 | 281,000 | 443,000 | |
| Total current assets | 28 | 21 | 19 | 14 | 20 | |
| Contract fulfillment assets | — | 1 | 1 | 1 | 2 | |
| Property and equipment, net | 346,000 | 407,000 | 477,000 | 648,000 | 781,000 | |
| Operating lease right-of-use assets | 739,000 | 1 | 1 | 307,000 | 482,000 | |
| Severance pay asset | 296,000 | 259,000 | 271,000 | 328,000 | 396,000 | |
| Other non-current assets | 96,000 | 96,000 | 96,000 | — | — | |
| Total non-current assets | 1 | 3 | 3 | 3 | 3 | |
| TOTAL ASSETS | 29 | 24 | 23 | 17 | 24 | |
| Accounts payable | 480,000 | 442,000 | 287,000 | 297,000 | 103,000 | |
| Contract liabilities - short term | 165,000 | 702,000 | 527,000 | 1 | 346,000 | |
| Operating lease liabilities - short term | 511,000 | 539,000 | 470,000 | 199,000 | 256,000 | |
| Accrued compensation expenses | 1 | 1 | 546,000 | 365,000 | 355,000 | |
| Total current liabilities | 3 | 3 | 2 | 3 | 1 | |
| Contract liabilities - long term | — | 1 | 2 | 2 | 2 | |
| Operating lease liabilities - long term | 259,000 | 508,000 | 856,000 | 64,000 | 203,000 | |
| Liability for severance pay | 296,000 | 259,000 | 261,000 | 268,000 | 344,000 | |
| Total non-current liabilities | 555,000 | 2 | 3 | 3 | 3 | |
| TOTAL LIABILITIES | 4 | 5 | 5 | 5 | 4 | |
| Common stock, $0.001 par value; 300,000,000 shares authorized as of December 31, 2025 and December 31, 2024, 16,357,327 and 12,612,517 shares issued and outstanding as of December 31, 2025 and December 31, 2024 | 17,000 | 13,000 | 10,000 | 7,000 | 7,000 | |
| Additional paid-in capital | 88 | 64 | 52 | 37 | 35 | |
| Accumulated deficit | −63 | −46 | −34 | −25 | −15 | |
| TOTAL SHAREHOLDERS EQUITY | 25 | 18 | 18 | 12 | 20 | |
| TOTAL LIABILITIES AND SHAREHOLDERS EQUITY | 29 | 24 | 23 | 17 | 24 |
Consolidated Statement of Cash Flows
| 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 |
|---|---|---|---|---|---|---|
| Depreciation | 117,000 | 123,000 | 284,000 | 251,000 | 114,000 | |
| Stock based compensation | 3 | 2 | 2 | 2 | 2 | |
| Loss from exchange differences | 23,000 | 19,000 | −159,000 | 269,000 | −130,000 | |
| Interest income in respect of deposits | 12,000 | 72,000 | −49,000 | −34,000 | −13,000 | |
| Decrease (Increase) in accounts receivable | 1 | −138,000 | −1 | −52,000 | 9,000 | |
| Decrease in inventory | 153,000 | 301,000 | 126,000 | −463,000 | 77,000 | |
| Decrease in operating lease liability | −510,000 | −379,000 | −391,000 | −233,000 | 20,000 | |
| Decrease in right-of-use asset | 499,000 | 379,000 | 381,000 | 261,000 | −43,000 | |
| Increase in other current and non-current assets | −535,000 | −156,000 | −247,000 | 162,000 | — | |
| Severance pay asset and liability | — | 10,000 | — | — | — | |
| Increase accounts payable | 56,000 | 155,000 | −10,000 | 194,000 | 24,000 | |
| Decrease in contract fulfillment assets | 1 | 239,000 | 239,000 | 180,000 | −545,000 | |
| Decrease in current and non-current contract liabilities | −2 | −247,000 | −1 | 1 | 2 | |
| Increase in accrued compensation expenses | 113,000 | 578,000 | 181,000 | 10,000 | −14,000 | |
| Increase (decrease) in related parties | −5,000 | 79,000 | −17,000 | 19,000 | 86,000 | |
| Increase (decrease) in other current and non-current liabilities | −36,000 | 129,000 | 18,000 | 4,000 | 65,000 | |
| Net cash flows used in operating activities | −14 | −8 | −10 | −6 | −6 | |
| Purchase of property and equipment | −56,000 | −53,000 | −113,000 | −118,000 | −595,000 | |
| Withdrawal of short terms deposits | 310,000 | 8 | 22 | 15 | — | |
| Investment in short terms deposits and restricted deposit | — | −310,000 | −27 | — | — | |
| Net cash flows provided by investing activities | 254,000 | 8 | −5 | 8 | −12 | |
| Proceeds from issuance of shares, net of issuance cost | 21 | 10 | — | — | — | |
| Proceeds from options exercise | 272,000 | — | — | — | — | |
| Net cash flows provided by financing activities | 21 | 10 | 14 | — | 23 | |
| INCREASE IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH | 8 | 9 | −1 | 2 | 5 | |
| EFFECT FROM EXCHANGE DIFFERENCES ON CASH AND CASH EQUIVALENTS AND RESTRICTED CASH | 156,000 | −19,000 | 159,000 | −269,000 | 130,000 | |
| Right-of-use assets obtained in exchange for operating lease liabilities | 206,000 | 167,000 | 2 | 155,000 | 524,000 | |
| Termination of right-of-use assets in exchange for cancellation of operating lease obligations | −81,000 | −55,000 | −52,000 | — | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Odysight.ai Inc.'s CIK number?
Odysight.ai Inc.'s SEC CIK number is 0001577445 (1577445). 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 Odysight.ai Inc.'s SEC filings?
All of Odysight.ai 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 Odysight.ai Inc. last report earnings?
Odysight.ai Inc. (ODYS) most recently filed an earnings 8-K with the SEC on May 14, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001493152-26-023116). This is Odysight.ai Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Odysight.ai Inc.'s most recent earnings 8-K?
Odysight.ai Inc.'s latest earnings 8-K (Item 2.02) was filed May 14, 2026 under accession 0001493152-26-023116. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Odysight.ai Inc.'s latest earnings 8-K →
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