Xtract One Technologies Inc. T.XTRA

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

Industrials Aerospace & Defense

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.

TSX:XTRA - Post by User

Xtract One Technologies Inc. > Financials are Up!

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Comment by BaronBuffetton Mar 16, 2021 7:49pm

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Post# 32813536

RE:RE:RE:RE:Financials are Up!

dontfollow wrote: What? They will need to raise cash in the end of summer unless something drastic happens with contracts and sales. Or do you think they will wait until they have 0 in the bank before they issue a raise? Lol

they burn through more than $4 mil each quarter (pre-funding, so much for cutting non-strategiccost eh?), with $2 mil in RnD expenses, and have nothing to show for it. A big fat 0 in sales from PATSCAN platform, while Xtract is self-sustaining. What a sh!tshow

Ok, Karen.

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