Xtract One Technologies Inc. T.XTRA

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

Technology Information Technology Services

Xtract One Technologies Inc. is a Canada-based technology-driven threat detection and security solution provider, leveraging artificial intelligence (AI) to provide secure patron access control experiences. The Company's segments include Platform and Xtract. The Platform segment develops and commercializes a platform of AI-powered threat detection technologies. The Xtract segment develops and commercializes advanced artificial intelligence solutions for customers. Its products include SafeGateway, SmartGateway and Xtract One View. Its Gateway product enables companies to covertly screen for weapons at points of entry without disrupting the flow of traffic. Its AI-based software allows venue and building operators to identify weapons and other threats inside and outside of facilities and receive intelligence for optimizing operations. Xtract One View, the Company's cloud-based platform, provides oversight of its customers entire fleet of Xtract One SmartGateways from one interface.

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Xtract One Technologies Inc.

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Post by BlameOGon Apr 21, 2019 9:02pm

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Post# 29653075

70 million in the bank

70 million in cash on hand.

3PATRIOT ONE TECHNOLOGIES INC.Consolidated Statements of Financial PositionJanuary 31,July 31,20192018Assets(unaudited)(audited)Current assetsCash and cash equivalents65,695,160$ 17,576,735$ Short term investments5,086,63015,060,055Receivables 471,166482,898Prepaid expenses and deposits 655,079403,437Inventory218,861204,16572,126,89633,727,290Property, plant and equipment915,798564,662Goodwill (Note 6)3,718,614-Total assets76,761,308$ 34,291,952

Total assets as of Jan1 2019. plenty of cash to get the ball rolling ZERO debt.

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