Bio-Key International Inc. Files 2024 10-K
Ticker: BKYI · Form: 10-K · Filed: Apr 23, 2025 · CIK: 1019034
Sentiment: neutral
Topics: 10-K, annual-report, security, financials
TL;DR
Bio-Key 2024 10-K filed. Security focus, financials detailed. Check for growth.
AI Summary
Bio-Key International Inc. reported its 2024 fiscal year results, emphasizing a defense-in-depth security approach to protect data and infrastructure. The company's filing for the period ending December 31, 2024, details its financial performance and operational strategies. Specific financial figures such as revenue and net income are presented within the comprehensive report.
Why It Matters
This 10-K filing provides investors and stakeholders with a detailed overview of Bio-Key International Inc.'s financial health, operational strategies, and risk factors for the fiscal year 2024.
Risk Assessment
Risk Level: medium — The filing contains standard financial and operational details, but the absence of specific forward-looking statements or significant financial events necessitates a medium risk assessment.
Key Numbers
- 170,000,000 — Total Assets (Indicates the total value of assets held by the company.)
- 3,715,483 — Total Revenue (Represents the total income generated from the company's operations.)
- 1,032,777 — Net Income (Shows the company's profitability after all expenses.)
- 4,342,010 — Accounts Payable (Represents the amount owed to suppliers.)
- 1,194,010 — Deferred Revenue (Indicates revenue that has been received but not yet earned.)
Key Players & Entities
- BIO KEY INTERNATIONAL INC (company) — Filer
- SAC TECHNOLOGIES INC (company) — Former Company Name
- 101 CRAWFORDS CORNER RD (location) — Business and Mail Address
- HOLMDEL, NJ 07733 (location) — Business and Mail Address City, State, Zip
- 7323591100 (phone_number) — Business Phone
FAQ
What is Bio-Key International Inc.'s primary business focus as detailed in the 10-K?
The company focuses on a defense-in-depth approach, leveraging multiple, layered security measures to protect its data, customers' data, infrastructure, and employees.
What was Bio-Key International Inc.'s fiscal year end for this filing?
The fiscal year end for this 10-K filing was December 31, 2024.
What is the company's business address?
The business address is 101 CRAWFORDS CORNER RD, SUITE 4116, HOLMDEL, NJ 07733.
What was the filing date of this 10-K report?
The 10-K report was filed on April 23, 2025.
What is the SIC code for Bio-Key International Inc.?
The Standard Industrial Classification (SIC) code is 7372, which falls under SERVICES-PREPACKAGED SOFTWARE.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on April 23, 2025 regarding BIO KEY INTERNATIONAL INC (BKYI).