EPS · actual vs est
Revenue · actual vs est
Summary
Generated 2026-03-31
Management highlights
2025 was a year of deliberate transformation. Focused on high-quality recurring revenue, implemented AI-driven cost structure, built AI-native Sky platform from the ground up, and balanced short-term impact with long-term scalability. Product delivers value with Bond plus Cortex replacing multi-click workflows, Skyview providing real-time insights, One Map Engine and Experience Engine as single source for data and actions, and zero-touch deployment. Strategic transformation built on four pillars: prioritizing subscription revenue, AI-driven cost structure, building AI-native platform, and balancing short-term and long-term.
Segment performance
Total revenue was $4.6 million, down 36% year over year. Subscription revenue now represents 98% of total revenue. Cost of revenues dropped 55% from $1.3 million to $578,000. Growth profit was $4 million at 87% growth margin.
Guidance
Expect AI-driven acceleration to deliver double-digit growth in 2026. Agentic AI platform Bond plus Cortex is in market and generating enterprise interest. Expect large enterprise wins and strong pipeline conversion. Strategic partnerships, particularly in vertical AI, creating new distribution channels. Committed to sustainable, high-quality revenue growth from subscription expansion. Sky 2.0 to be released in June 2026 with new clients and existing clients upgrading, unlocking next phase of enterprise adoption.
Q&A highlights
Q: Are you in danger of being delisted?
A: Received delisting notice from NASDAQ but have extension until September and plan to be compliant before then.
Q: What can investors look forward to?
A: Expect double-digit growth, landing new customers and logos, with five large clients renewing in Q4 and 20-plus in pipeline.
Q: How to set apart from other AI companies?
A: Vertically integrated solution tied to campus environment with bond and cortex designed for security and privacy needed by clients.
Q: Contextualize double-digit growth target relative to customer pipeline?
A: Deals are multi-year commitments, starting point exists with opportunity for growth across different functions of customers
Key numbers
Reported versus consensus
Earnings calendar feed
| Metric | Reported | Consensus | Delta | Prior year |
|---|---|---|---|---|
| EPS | $-0.20 | $-0.19 | -5.3% | — |
| Revenue | $1.0M | $1.1M | -7.1% | — |
Transcript
March 31, 2026Full transcript unavailable for redistribution
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Prior quarters
This page presents the stored structured earnings-call summary and deterministic earnings calendar values. How this is generated. For informational purposes only; not investment advice.