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. > Broken Promises

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Comment by Weighingmachineon Jun 02, 2024 1:40pm

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Post# 36068376

RE:RE:RE:RE:RE:RE:RE:RE:Broken Promises

Have been enjoying the satirical content on this board ;)

60/40 sounds right. But as is also mentioned, there is a deferred component of the "upfront" purchases as well - sort of service and maintenance (software updates, access to an engineer if there are issues etc, I would imagine). Based on other software companies I have worked with, my guess would be that the value split on "upfront" contracts would be something like 80/20 upfront/deferred - but again that is just a guess.

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