Rekor Systems, Inc. financial data

Symbol
REKR on Nasdaq
Industry
Communications Equipment, NEC
Location
7172 Columbia Gateway Drive, Suite 400, Columbia, Maryland
State of incorporation
Delaware
Fiscal year end
December 31
Former names
Novume Solutions, Inc. (to 4/18/2019)
Latest financial report
Q1 2024 - May 15, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 122 % +11%
Quick Ratio 18.9 % +22.5%
Debt-to-equity 114 % +91.3%
Return On Equity -119 % +8.65%
Return On Assets -55.6 % +31.8%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 85.3M shares +39.6%
Common Stock, Shares, Outstanding 85.3M shares +39.8%
Entity Public Float 85.8M USD +15.3%
Common Stock, Value, Issued 8K USD +33.3%
Weighted Average Number of Shares Outstanding, Basic 79.6M shares +45.5%

Income Statement

Label TTM Value / Value Unit Change %
Research and Development Expense 18.3M USD -6%
Selling and Marketing Expense 7.87M USD -11.2%
General and Administrative Expense 27.5M USD +3.75%
Operating Income (Loss) -42.3M USD +50.6%
Nonoperating Income (Expense) -9.24M USD -788%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -45.7M USD +45.9%
Income Tax Expense (Benefit) 32K USD
Net Income (Loss) Attributable to Parent -51.6M USD +38%
Earnings Per Share, Basic -0.72 USD/shares +55.3%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 11.9M USD -1.53%
Accounts Receivable, after Allowance for Credit Loss, Current 7.54M USD +75.5%
Inventory, Net 3.75M USD +86.2%
Other Assets, Current 1.63M USD -1.27%
Assets, Current 25.6M USD +19.8%
Property, Plant and Equipment, Net 13.9M USD -13.3%
Operating Lease, Right-of-Use Asset 9.63M USD +1.32%
Intangible Assets, Net (Excluding Goodwill) 28.2M USD +39%
Goodwill 24.2M USD +17.3%
Assets 107M USD +14.3%
Accounts Payable, Current 6.91M USD +12.1%
Contract with Customer, Liability, Current 4.64M USD +9.16%
Liabilities, Current 20.3M USD +41.6%
Contract with Customer, Liability, Noncurrent 1.41M USD +5.13%
Deferred Income Tax Liabilities, Net 65K USD +25%
Operating Lease, Liability, Noncurrent 13.2M USD -4.7%
Other Liabilities, Noncurrent 587K USD -71.3%
Liabilities 52.2M USD +24.9%
Accumulated Other Comprehensive Income (Loss), Net of Tax 386K USD +6333%
Retained Earnings (Accumulated Deficit) -217M USD -31.2%
Stockholders' Equity Attributable to Parent 55M USD +5.74%
Liabilities and Equity 107M USD +14.3%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -7.89M USD +15.7%
Net Cash Provided by (Used in) Financing Activities 13.6M USD -34.3%
Net Cash Provided by (Used in) Investing Activities -9.13M USD -1154%
Common Stock, Shares Authorized 300M shares +200%
Common Stock, Shares, Issued 85.5M shares +39.9%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -3.45M USD -133%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 12.3M USD -1.42%
Interest Paid, Excluding Capitalized Interest, Operating Activities 868K USD +573%
Deferred Tax Assets, Valuation Allowance 46.5M USD +30.7%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 53.2M USD +31.2%
Operating Lease, Liability 14.7M USD -3.92%
Depreciation 974K USD +6.57%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -48M USD -400%
Lessee, Operating Lease, Liability, to be Paid 21M USD -8.19%
Property, Plant and Equipment, Gross 19.7M USD -1.85%
Operating Lease, Liability, Current 1.38M USD +28.2%
Lessee, Operating Lease, Liability, to be Paid, Year Two 2.53M USD +8.31%
Lessee, Operating Lease, Liability, to be Paid, Year One 2.52M USD +5.49%
Operating Lease, Weighted Average Discount Rate, Percent 0.09 pure 0%
Deferred Income Tax Expense (Benefit) 13K USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 6.28M USD -16.8%
Lessee, Operating Lease, Liability, to be Paid, Year Three 2.41M USD +4.33%
Deferred Tax Assets, Operating Loss Carryforwards 40.4M USD +37.3%
Preferred Stock, Shares Issued 0 shares
Deferred Federal Income Tax Expense (Benefit) 13K USD
Preferred Stock, Shares Authorized 2M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 2.35M USD +3.43%
Operating Lease, Payments 594K USD +2600%
Additional Paid in Capital 273M USD +25.1%
Preferred Stock, Shares Outstanding 0 shares
Current State and Local Tax Expense (Benefit) 19K USD
Amortization of Intangible Assets 4.19M USD +1.7%
Depreciation, Depletion and Amortization 8.27M USD +17.9%
Deferred Tax Assets, Net of Valuation Allowance 6.64M USD +34.9%
Share-based Payment Arrangement, Expense 4.35M USD -34.2%
Interest Expense 3.89M USD +403%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%