Rekor Systems Files 2024 10-K
Ticker: REKR · Form: 10-K · Filed: Mar 31, 2025 · CIK: 1697851
| Field | Detail |
|---|---|
| Company | Rekor Systems, Inc. (REKR) |
| Form Type | 10-K |
| Filed Date | Mar 31, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-K, financials, acquisition
TL;DR
Rekor Systems dropped its 2024 10-K. Check financials.
AI Summary
Rekor Systems, Inc. filed its 2024 10-K on March 31, 2025, reporting its financial performance for the fiscal year ending December 31, 2024. The company, formerly Novume Solutions, Inc., is involved in communications equipment and is headquartered in Columbia, Maryland. The filing details its business operations, financial statements, and risk factors.
Why It Matters
This filing provides investors and stakeholders with a comprehensive overview of Rekor Systems' financial health and strategic direction for the past fiscal year, influencing investment decisions.
Risk Assessment
Risk Level: medium — The filing details significant financial figures and operational aspects that could impact the company's future performance and stock value.
Key Numbers
- 104 — Public Document Count (Indicates the volume of documents associated with the filing.)
- 300,000,000 — Authorized Shares (Represents the total number of shares the company is authorized to issue.)
- 104,700,593 — Common Stock Outstanding (Shows the number of shares currently held by investors.)
- 69,273,334 — Common Stock Outstanding (Previous Year) (Provides a year-over-year comparison of outstanding shares.)
Key Players & Entities
- Rekor Systems, Inc. (company) — Filer of the 10-K
- Novume Solutions, Inc. (company) — Former name of Rekor Systems, Inc.
- 2024-12-31 (date) — Fiscal year end
- 2025-03-31 (date) — Filing date
- 7172 Columbia Gateway Drive, Suite 400, Columbia, MD 21046 (location) — Business and mailing address
- January 24, 2017 (date) — Acquisition date of Firestorm
- January 24, 2022 (date) — Expiration date of Firestorm Warrants
FAQ
What was Rekor Systems' revenue for the fiscal year ending December 31, 2024?
The provided text does not explicitly state the revenue for the fiscal year ending December 31, 2024. It lists figures like '1,012' and '2,149' which are not clearly defined as revenue in this snippet.
When did Rekor Systems acquire Firestorm?
Rekor Systems acquired Firestorm on January 24, 2017.
What was the exercise price of the Firestorm Warrants?
The Firestorm Warrants had two exercise prices: $2.5744 per share and $3.6083 per share.
When did the Firestorm Warrants expire?
The Firestorm Warrants expired on January 24, 2022.
What is Rekor Systems' primary business sector?
Rekor Systems, Inc. is classified under 'Communications Equipment, NEC' with SIC code 3669.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on March 31, 2025 regarding Rekor Systems, Inc. (REKR).