-+ 0.00%
-+ 0.00%
-+ 0.00%

Odysight.ai FY26 operating loss widens 10% to $9.87 million; revenue drops 79% to $502,000 in six months ended June 30

PUBT·08/13/2026 13:25:48
Listen to the news
Odysight.ai FY26 operating loss widens 10% to $9.87 million; revenue drops 79% to $502,000 in six months ended June 30
  • Odysight.ai posted a six-month operating loss of USD 9.87 million, widening 10% from the prior-year period.
  • Six-month revenue fell 79% to USD 502,000, reflecting no contribution from a Fortune 500 medical-company arrangement and a USD 1.69 million liability derecognition.
  • Sales and marketing expense climbed 84% to USD 1.88 million as global selling expanded, while R&D edged down 1% to USD 4.8 million.
  • Operating cash outflow increased to USD 8.71 million from the prior-year period; cash and cash equivalents plus short-term deposits totaled USD 17.6 million at June 30, 2026.
  • Backlog rose to about USD 14.1 million from end-2025; an at-the-market program allows up to USD 20 million of stock sales, with none sold.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Odysight.ai Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-037618), on August 13, 2026, and is solely responsible for the information contained therein.