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. > Interesting Article

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Comment by JVJ24601on Aug 24, 2023 8:55am

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Post# 35603414

RE:Interesting Article

@roadrunner71.

Thanks for the Simply Wall Street article. (https://simplywall.st/stocks/ca/capital-goods/tsx-xtra/xtract-one-technologies-shares/news/were-keeping-an-eye-on-xtract-one-technologies-tsextra-cash)

it would do some good for people here to read it. 5 months gone, and going into month 6 from their supposed "cash runway of approximately 7 months from April 2023" per the article. And ramping up operating cost.

Love this statement "Looking at the factors mentioned in this short report, we do think that its cash burn is a bit risky, and it does make us slightly nervous about the stock. Taking a deeper dive, we've spotted 4 warning signs for Xtract One Technologies you should be aware of, and 2 of them are concerning."

How many warning signs are needed?