Odysight.ai Inc. Segments Disclosure
NOTE 16 — SEGMENT REPORTING
Segment information is prepared on the same basis that the chief executive officer, who is the Company’s chief operating decision maker, manages the business, makes business decisions and assesses performance. The Company has one reportable segment specializing in vision-based platform solutions as described in Note 1.
The chief executive officer assesses performance for this segment and decides how to allocate resources. The measure of segment assets is reported on the balance sheet as total assets. The chief executive officer performs the assessment of segment performance by using the reported measure of segment profit or loss to monitor budget versus actual results.
The table below summarizes the significant expense categories regularly reviewed by the CODM for the years ended December 31, 2025 and 2024:
| Year ended December 31, | ||||||||
| 2025 | 2024 | |||||||
| USD in thousands | ||||||||
| Revenues | 3,015 | 3,964 | ||||||
| Cost of Sales (*) | 1,934 | 2,730 | ||||||
| Research and Development expenses (*) | 8,646 | 6,160 | ||||||
| Sales and marketing (*) | 1,967 | 951 | ||||||
| General and Administrative expenses (*) | 5,205 | 4,121 | ||||||
| Other segment items: | ||||||||
| Share-based compensation | 3,078 | 2,386 | ||||||
| Inventory impairment | 203 | |||||||
| Depreciation | 117 | 123 | ||||||
| Finance income, net | 1,100 | 740 | ||||||
| Net loss | 17,035 | 11,767 | ||||||
| (*) | Excluding share-based payments, inventory impairment, depreciation expense and finance income, net. |
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Mar 19, 2026 | Showing above |
| 2024 | Mar 26, 2025 | |
About Segments Disclosures
Segment disclosures break a company into its reportable operating units, revealing revenue, profit, and asset allocation that consolidated financial statements obscure. Under ASC 280, segments must match how the chief operating decision maker views the business, providing a window into internal management structure and resource allocation priorities.
Key signals: compare segment margins to identify which units drive profitability and which destroy value. Watch for changes in the number of reportable segments — segment aggregation or disaggregation often coincides with strategic shifts or attempts to obscure declining performance. Intersegment elimination patterns reveal internal pricing practices. The reconciliation between segment totals and consolidated figures exposes corporate overhead allocation and unallocated items. Geographic revenue concentration highlights regulatory and currency exposure. Compare segment-level capital expenditure against segment revenue to assess where management is investing for future growth versus harvesting existing assets.