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.

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Xtract One Technologies Inc. > Its all so quiet shhhh shhhh its all so calm shhh shhh

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Post by beastcoastOGon Oct 20, 2022 5:58pm

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Post# 35037620

Its all so quiet shhhh shhhh its all so calm shhh shhh

Did Andydaswede break into Bjorg song?

But hey guys, is this what the silence is all about ? As in the $ 0. being in the wrong place yet again ?

Revenue was $0.8 million for the fourth quarter ended July 31, 2022 as compared to $0.3 million for the same period in 2021.
Net loss from operations increased from $3.1 million in the fourth quarter ended July 31, 2021 to $31.2 million in the fourth quarter ended July 31, 2022. The increase in net loss pertains primarily to the non-cash goodwill impairment. Excluding the goodwill impairment, the adjusted loss from operations was $5.6 million for the three months ended July 31, 2022.