Rekor Systems, Inc. financials
Source: EDGAR filings · Built 2026-06-02T03:55:32Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -23.87M | -35.15M | -34.72M | -42.60M | -22.41M | -16.10M |
| EBITDA | -22.63M | -44.83M | -34.22M | -79.36M | -28.75M | -9.89M |
| Working Capital | 1.64M | 1.71M | 8.10M | -6.17M | 16.86M | 18.20M |
| Net Debt | 13.17M | 28.42M | 27.94M | 16.38M | -14.43M | -18.17M |
| Gross Margin | — | — | — | — | — | 61.74% |
| Operating Margin | -59.62% | -118.02% | -120.56% | -430.64% | -275.02% | -128.31% |
| Net Margin | -64.93% | -133.42% | -130.78% | -417.24% | -231.38% | -153.58% |
| Return on Equity (ROE) | -73.38% | -179.87% | -136.90% | -168.46% | -26.49% | -56.30% |
| Return on Assets (ROA) | -36.84% | -74.46% | -49.58% | -99.14% | -21.28% | -35.10% |
| Current Ratio | 1.06× | 1.09× | 1.47× | 0.60× | 2.22× | 4.08× |
| Debt-to-Equity | 0.69× | 0.98× | 1.30× | 0.37× | 0.11× | 0.10× |
| Effective Tax Rate | -0.13% | -0.07% | -0.07% | 1.17% | 12.29% | -0.17% |
| Cash Conversion Ratio | 0.65× | 0.53× | 0.71× | 0.48× | 0.67× | 1.06× |
| Accruals Ratio | -0.13× | -0.35× | -0.14× | -0.52× | -0.07× | 0.02× |
| SBC % of Revenue | 6.00% | 10.49% | 12.46% | 33.21% | 33.77% | 8.62% |
| CapEx Coverage | -5.82× | -12.13× | -15.61× | -13.25× | -4.12× | -14.53× |
| Free Cash Flow Per Share | $-0.20 | $-0.41 | $-0.55 | $-0.86 | $-0.54 | $-0.67 |
Valuation Metrics
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenues | — | — | — | — | — | 9.23M |
| Cost of Revenue | — | — | — | — | — | 3.53M |
| Gross Profit | — | — | — | — | — | 5.70M |
| Research and Development Expense | 14.60M | 18.77M | 18.27M | 18.62M | 8.29M | 3.19M |
| Operating Expenses | 55.96M | 77.01M | 60.55M | 94.81M | 38.86M | 17.56M |
| Operating Income (Loss) | -28.89M | -54.32M | -42.12M | -85.78M | -31.83M | -11.85M |
| Income Tax Expense (Benefit) | 42.00K | 45.00K | 32.00K | -987.00K | -3.82M | 23.00K |
| Net Income (Loss) Attributable to Parent | -31.46M | -61.41M | -45.69M | -83.11M | -26.78M | -14.18M |
| Earnings Per Share, Basic | $-0.26 | $-0.71 | $-0.72 | $-1.67 | $-0.66 | — |
| Weighted Average Number of Shares Outstanding, Basic | 119.67M | 86.72M | 63.17M | 49.81M | 41.16M | — |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 16.57M | 5.01M | 15.38M | 1.92M | 25.80M | 20.59M |
| Assets, Current | 30.73M | 19.93M | 25.34M | 9.28M | 30.68M | 24.12M |
| Assets | 85.39M | 82.47M | 92.15M | 83.84M | 125.88M | 40.40M |
| Long-term Debt | 15.00M | 15.88M | 26.02M | — | — | 1.97M |
| Liabilities, Current | 29.09M | 18.22M | 17.24M | 15.44M | 13.82M | 5.92M |
| Long-term Debt, Excluding Current Maturities | — | — | — | — | — | 469.00K |
| Liabilities | 42.52M | 48.33M | 58.78M | 34.50M | 24.79M | 8.54M |
| Stockholders' Equity Attributable to Parent | 42.87M | 34.14M | 33.37M | 49.34M | 101.09M | 25.19M |
| Common Stock, Shares, Outstanding | 136.48M | 104.54M | 69.18M | 54.41M | 43.99M | 33.01M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -20.37M | -32.47M | -32.63M | -39.61M | -18.03M | -15.06M |
| Net Cash Provided by (Used in) Investing Activities | -2.17M | -9.03M | 270.00K | -8.39M | -47.37M | 4.59M |
| Payments for Repurchase of Common Stock | 189.00K | 189.00K | 105.00K | 98.00K | 319.00K | 0 |
| Net Cash Provided by (Used in) Financing Activities | 34.08M | 31.11M | 45.60M | 23.87M | 70.99M | 29.62M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -4.39M | -501.00K | -23.37M | -16.85M | -8.66M | -5.98M |
| EBITDA | -7.36M | -5.45M | -2.42M | -6.17M | -8.58M | -16.06M |
| Working Capital | -3.73M | 1.64M | 6.96M | 6.16M | 3.07M | 1.71M |
| Net Debt | 17.25M | 13.17M | 26.75M | 25.11M | 27.70M | 28.42M |
| Operating Margin | -85.91% | -55.47% | -27.97% | -62.59% | -110.23% | -139.17% |
| Net Margin | -91.21% | -61.26% | -29.23% | -70.05% | -118.22% | -153.31% |
| Return on Equity (ROE) | -27.16% | -18.15% | -11.37% | -24.46% | -32.60% | -59.62% |
| Return on Assets (ROA) | -11.92% | -9.11% | -5.12% | -10.81% | -13.63% | -24.68% |
| Current Ratio | 0.87× | 1.06× | 1.45× | 1.40× | 1.18× | 1.09× |
| Debt-to-Equity | 0.85× | 0.69× | 0.82× | 0.85× | 0.95× | 0.98× |
| Cash Conversion Ratio | 0.40× | -0.03× | 4.96× | 1.82× | 0.74× | 0.24× |
| Accruals Ratio | -0.07× | -0.09× | 0.20× | 0.09× | -0.04× | -0.19× |
| SBC % of Revenue | 8.98% | 1.87% | 18.81% | 16.93% | 14.89% | 10.54% |
| CapEx Coverage | -5.82× | 0.30× | -7.38× | -14.07× | -13.81× | -4.63× |
| Free Cash Flow Per Share | $-0.03 | $-0.00 | $-0.17 | $-0.14 | $-0.08 | $-0.06 |
Valuation Metrics
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Research and Development Expense | 3.49M | 3.31M | 3.66M | 3.65M | 3.98M | 4.03M |
| Operating Expenses | 14.20M | 14.56M | 12.97M | 13.85M | 14.58M | 25.38M |
| Operating Income (Loss) | -8.82M | -7.04M | -3.97M | -7.74M | -10.14M | -18.48M |
| Income Tax Expense (Benefit) | 0 | 42.00K | 0 | 0 | 0 | 45.00K |
| Net Income (Loss) Attributable to Parent | -9.36M | -7.78M | -4.15M | -8.66M | -10.87M | -20.36M |
| Earnings Per Share, Basic | $-0.07 | $-0.06 | $-0.03 | $-0.07 | $-0.10 | $-0.22 |
| Weighted Average Number of Shares Outstanding, Basic | 136.65M | 119.67M | 125.64M | 117.44M | 106.82M | 86.72M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 12.18M | 16.57M | 3.16M | 4.83M | 3.85M | 5.01M |
| Assets, Current | 25.73M | 30.73M | 22.46M | 21.38M | 19.95M | 19.93M |
| Assets | 78.50M | 85.39M | 80.98M | 80.07M | 79.80M | 82.47M |
| Long-term Debt | 15.02M | 15.00M | 14.97M | 14.94M | 15.91M | 15.88M |
| Liabilities, Current | 29.46M | 29.09M | 15.50M | 15.22M | 16.88M | 18.22M |
| Liabilities | 44.03M | 42.52M | 44.49M | 44.67M | 46.44M | 48.33M |
| Stockholders' Equity Attributable to Parent | 34.47M | 42.87M | 36.48M | 35.40M | 33.36M | 34.14M |
| Common Stock, Shares, Outstanding | 137.61M | 136.48M | 126.69M | 122.24M | 110.91M | 104.54M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -3.75M | 210.00K | -20.58M | -15.73M | -8.08M | -4.92M |
| Net Cash Provided by (Used in) Investing Activities | -278.00K | -191.00K | -1.98M | -630.00K | -252.00K | -469.00K |
| Payments for Repurchase of Common Stock | 2.00K | 27.00K | 162.00K | 162.00K | 93.00K | 0 |
| Net Cash Provided by (Used in) Financing Activities | -241.00K | 13.43M | 20.64M | 16.20M | 7.31M | -252.00K |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (REKR CIK 0001697851),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.