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Xtract One Technologies Inc. T.XTRA

Alternate Symbol(s):  T.XTRA.WT | XTRAF

Xtract One Technologies Inc. is a technology-driven threat detection and security solution company leveraging artificial intelligence (AI) to provide secure patron access control experiences. The Company is engaged in the development and commercialization of an integrated, layered, AI-powered threat detection gateway solution. It operates in two segments: Platform and Xtract segment. The Platform segment develops and commercializes an AI-powered threat detection gateway solution. The Xtract segment develops AI solutions for customers. Xtract One’s Gateway product enables companies to covertly screen for weapons at points of entry without disrupting the flow of traffic. Its AI-based Video Recognition Software allows venue and building operators to identify weapons and other threats inside and outside of facilities and receive valuable intelligence for optimizing operations. It serves various industries, including arenas and stadiums, ticket venues and attractions, and casinos.


TSX:XTRA - Post by User

Post by mrpancakeon Mar 16, 2021 5:03pm
178 Views
Post# 32810188

financial reports just released

financial reports just releasedNo revenue from PAtriot One detection past 6 months ending Jan 31st 2021
Revenue $ -

$3.834 MILLION loss from expected "sale" of SoTech... still listed as asset
$7 MILLION balance sheet as Intangible assets- small amount  of that amortized 
$25,582,433 goodwill  mainly from  Xtract purchase still fully listed as an asset
$3 MILLION+ loss quarter ending January 31st 2020  actually $3.1MM

How much cash will be left? $16MM?  $14MM+ 
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