10-Q · May 14, 2026
Actelis Networks, Inc. reported revenues of $958,000 for Q1 2026, a significant increase of 33% compared to $721,000 in Q1 2025. However, the company reported a higher net loss of approximately $2.5 million, up from a…
Earnings analysis · 10-Q
ASNS earnings analysis
Filed August 13, 2026 · Our reading of the company's report
The latest report
The provided 10-Q text does not include the income statement, balance sheet, cash flow statement, segment disclosures, or MD&A, so current-quarter revenue, margins, EPS, cash flow, and working-capital trends cannot be…
Read full summary
The provided 10-Q text does not include the income statement, balance sheet, cash flow statement, segment disclosures, or MD&A, so current-quarter revenue, margins, EPS, cash flow, and working-capital trends cannot be quantified from the filing extract. The most material disclosed developments are the Nasdaq delisting and move to the OTCQB on April 24, 2026, significant Israel-related operating risk, and a 9,850,000-security financing amendment. No quantitative guidance was provided.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
What stood out
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Controls Remained Effective
Management concluded that disclosure controls and internal control over financial reporting were effective as of June 30, 2026, with no changes during the quarter that materially affected those controls.
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War-Related Support Received
The company reported approximately $100,000 of Israeli government war-related support funding, while stating that operations had not experienced material disruption as of the filing date.
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Financing Registration Completed
The July 1, 2026 White Lion amendment involved 9,850,000 commitment securities, and the related resale registration statement was declared effective by the SEC on July 7, 2026.
What to watch
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Nasdaq Delisting and OTCQB Liquidity
The company’s stock began trading on the OTCQB on April 24, 2026 after Nasdaq denied continued listing on April 8, 2026. Management states OTCQB is significantly more limited and may reduce liquidity, institutional interest, business opportunities, and analyst coverage.
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Israel Geopolitical and Personnel Risk
The company has 37 full-time employees, including 29 located in Israel, and 1 employee had been called for military service as of the filing date. Escalation of regional hostilities or additional call-ups could materially affect operations.
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Potential Equity Dilution
The July 1, 2026 White Lion amendment issued 9,850,000 securities, consisting of 3,000,000 common shares, 3,850,000 pre-funded warrants, and 3,000,000 common warrants, creating potential dilution for existing holders.
Management's outlook
No quantitative revenue or EPS outlook was disclosed in the provided 10-Q text. The filing does not provide explicit guidance; outlook may be addressed in the earnings release or call.
Earlier filings 4
10-K · March 18, 2026
Actelis positions itself as a niche provider of cyber-hardened, hybrid fiber/copper/coax networking with an AI-driven SaaS layer (MetaShield) aimed at IoT, ITS, federal/military and MDU markets. The company cites…
10-Q · November 14, 2025
Actelis reported Q3 revenue of $643,000 and GAAP net loss per share of $(0.17); revenue and gross profit plunged versus prior-year quarter (Q3 2024 revenue $2,541,000; gross profit $1,743,000) while operating loss…
10-Q · August 14, 2025
Actelis Networks reported Q2 revenue of $941,000 and GAAP net loss per share of $(0.21). Revenue improved sequentially (Q1 $721,000 -> Q2 $941,000) but fell sharply year-over-year (Q2 2024 $3,431,000). The company…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.