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ODYS

Odysight.ai Inc.

ODYS

Odysight.ai Inc. NASDAQ
$3.46 9.49% (+0.30)

Market Cap $56.58 M
52w High $10.80
52w Low $2.60
Dividend Yield 0%
P/E -3.15
Volume 4.64K
Outstanding Shares 16.35M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $149K $4.73M $-4.416M -2.964K% $-0.27 $-4.677M
Q2-2025 $362K $4.571M $-4.075M -1.126K% $-0.25 $-4.407M
Q1-2025 $2.065M $5.098M $-4.265M -206.538% $-0.29 $-4.533M
Q4-2024 $1.304M $4.224M $-3.556M -272.699% $-0.29 $-3.732M
Q3-2024 $1.292M $3.421M $-2.867M -221.904% $-0.23 $-2.988M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $29.482M $32.915M $3.801M $29.114M
Q2-2025 $32.91M $36.559M $3.955M $32.604M
Q1-2025 $36.881M $39.843M $4.078M $35.765M
Q4-2024 $18.164M $23.679M $5.435M $18.244M
Q3-2024 $20.906M $26.173M $5.259M $20.914M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-4.416M $-3.418M $-11K $1K $-3.425M $-3.429M
Q2-2025 $-4.075M $-4.17M $-3K $34K $-3.969M $-4.173M
Q1-2025 $-4.265M $-2.233M $283K $21.022M $19.043M $-2.26M
Q4-2024 $-3.556M $-2.695M $-325K $-32K $-3.06M $-2.71M
Q3-2024 $-2.867M $-2.199M $-8K $9.85M $7.672M $-2.207M

Five-Year Company Overview

Income Statement

Income Statement Odysight.ai is still very much a pre‑revenue company. Over the last several years it has reported essentially no sales and ongoing, though relatively small, operating losses. Earnings per share have been negative throughout, reflecting a business that is investing ahead of meaningful commercial traction. This pattern fits an early‑stage technology company that is still in the commercialization and pilot phase rather than one with a mature, recurring revenue base. The key financial question is how quickly the company can convert its technology and pilot projects into stable, paying customer relationships to offset its ongoing costs.


Balance Sheet

Balance Sheet The balance sheet is very light: the company holds only a modest amount of total assets, most of which is cash or near‑cash, and it carries no financial debt. That is a positive in terms of low leverage and limited interest burden, but the small absolute cash balance suggests a narrow financial cushion. Equity is essentially what funds the business, so operations depend on shareholder capital and, potentially, future raises. The structure is clean and simple, but the scale is small, making the business sensitive to any delays in commercial progress or additional financing needs.


Cash Flow

Cash Flow Cash flow from operations has been consistently negative but modest in size, in line with the ongoing losses and lack of revenue. Free cash flow is also negative, though there is little to no spending on physical assets, which indicates a relatively asset‑light model focused more on people, software, and development than on heavy equipment. While the burn rate appears lean, the limited cash base means there is not a large buffer if commercialization takes longer than expected. The company’s ability to manage its burn and access new capital will be critical until revenue ramps.


Competitive Edge

Competitive Edge Competitively, Odysight.ai occupies a focused niche within predictive maintenance: visual, camera‑based monitoring of hard‑to‑reach and harsh environments. Its technology has been validated in demanding use cases such as aerospace and defense, which helps build credibility. A sizable patent portfolio, specialized micro‑camera hardware, and tightly integrated AI software form a meaningful barrier to direct imitation. At the same time, the company is still small and emerging, competing in markets where large industrial and sensor players already operate. Its success will depend on winning and expanding strategic partnerships, proving reliability at scale, and differentiating clearly against more traditional vibration- and temperature‑based monitoring solutions.


Innovation and R&D

Innovation and R&D Innovation is the company’s core strength. Its “Camera‑as‑a‑Sensor” concept, derived from advanced medical imaging, enables visual data collection where other sensors struggle. The TruVision platform and related software tools turn this data into real‑time maintenance insights, and the firm continues to invest in AI and machine learning to improve detection and prediction accuracy. Odysight.ai is also pushing into new verticals such as transportation, energy, and elevators, often through joint projects with established partners. The main tension is that sustained R&D and product development are vital to maintain its technological edge, but they also require funding in the absence of meaningful revenue.


Summary

Overall, Odysight.ai looks like a highly specialized, early‑stage technology company with promising, differentiated IP but very limited financial scale and no established revenue base yet. The business is lean, carries no debt, and focuses its spending on development rather than heavy assets, which is typical for a young software‑and‑hardware platform company. Its camera‑based predictive maintenance approach, patent portfolio, and reference projects with demanding customers are clear strengths. On the other hand, ongoing losses, a small cash cushion, and a lack of commercial scale create significant execution and funding risk. The company’s future will likely hinge on how quickly it can convert pilots and partnerships into recurring contracts, manage its cash burn, and continue advancing its technology without overextending its limited resources.