Business Context and Reporting Period
Duos Technologies Group, Inc. (DUOT) filed a Form 8-K on February 26, 2026, reporting preliminary unaudited financial results for the year ended December 31, 2025. The company is incorporated in Florida and trades on The Nasdaq Stock Market LLC. These figures were disclosed in a Preliminary Prospectus Supplement filed on the report date and a subsequent Prospectus Supplement on March 2, 2026.
Key Financial Metrics
| Metric | Value |
|---|---|
| Total Revenues | $28,156,000 |
| Total Cost of Revenues | $(20,242,000) |
| Gross Margin | $7,914,000 |
| Total Operating Expenses | $(17,350,000) |
| Loss from Operations | $(9,436,000) |
| Net Loss | $(9,508,000) |
| Net Loss Per Share (Basic & Diluted) | $(0.62) |
| Weighted Average Shares | 15,284,000 |
| Cash and Cash Equivalents | $15,472,000 |
| Total Assets | $70,725,000 |
| Debt | $0 |
| Working Capital | $11,016,000 |
| Total Stockholders' Equity | $48,763,000 |
Material Changes and Comparisons
The filing provides preliminary results for the full year 2025 but does not include comparative financial data for the prior year (2024) or specific percentage changes versus the prior period. Consequently, material changes in revenue, profit, or margins cannot be quantified from this document alone.
Outlook, Risks, and Unusual Items
Forward-Looking Statements: The report includes a cautionary note regarding forward-looking statements, including projections on industry growth rates, company growth rates, and future cash flow positions. The company notes that actual results may differ materially due to various risks and uncertainties.
Audit Status: Final results for the year ended December 31, 2025, remain subject to audit. The financial information is based on currently available data.
Regulatory Disclosure: The information is furnished under Item 7.01 (Regulation FD) and is not deemed "filed" for the purposes of the Securities Exchange Act of 1934.
Investor Verification Checklist
- Verify the final audited financial statements for the year ended December 31, 2025, to confirm the preliminary figures.
- Review the Preliminary Prospectus Supplement (filed Feb 26, 2026) and Prospectus Supplement (filed March 2, 2026) for additional context on the capital raising or transaction triggering this disclosure.
- Compare the reported 2025 results against the company's 2024 audited annual report (10-K) to assess year-over-year performance trends.
- Monitor the company's cash burn rate given the reported net loss of $9.5 million against a cash balance of $15.5 million.