Sign in

ASNS on OTC

ACTELIS NETWORKS INC

ACTELIS NETWORKS INC is an American communications equipment company based in Fremont.1 Its shares trade on OTC under the symbol ASNS.1

Price unavailable

Last updated Oct 21, 2026.

Overview

Compare with UTStarcom, Maris Tech Ltd. or Knightscope, Inc., or pick any stock.

  • TickerASNS on OTC1
  • IndustryCommunications Equipment, NEC1
  • HeadquartersFremont, California1
  • Incorporated inDE2
  • Business address4039 Clipper Court, Fremont, Ca 945382
  • Filer category, Emerging growth company2
  • Legal formCorporation

See how the biggest companies compare on our leaderboards

2024, our IoT customers in the aggregate accounted for approximately 73% and 72% of our revenues, respectively.3 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

33.2%Gross margin4
-195.7%Operating margin4
-225.0%Net margin4
-52.7%Revenue growth, 20254
-172.2%Return on equity4
0.03×Debt to equity4
-$7.7MFree cash flow4

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Regions

North America brought in 63% of the revenue ACTELIS NETWORKS INC broke down this way in fiscal 2025.

  1. North America$2.3M463%down 62% from 2024
  2. Europe Middle East And Africa$1.1M431%down 23% from 2024
  3. Asia Pacific$228.0K46%up 12% from 2024
Regions by year
Regions20242025
North America$6.1M$2.3M
Europe Middle East And Africa$1.5M$1.1M
Asia Pacific$204.0K$228.0K

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue48¢$2.5M
  • Research and development52¢$2.6M

Out of $3.7M in revenue.4 The company lost money this year.

Financial statements

Revenue5674$3.7M in 2025−57% since 2021
0$2.5M$5.0M$7.5M$10.0M2021: $8.5M$8.5M20212022: $8.8M$8.8M2022+3%2023: $5.6M$5.6M2023−37%2024: $7.8M$7.8M2024+38%2025: $3.7M$3.7M2025−53%
Gross profit5674$1.2M in 2025−69% since 2021
0$2.0M$4.0M$6.0M2021: $4.0M$4.0M20212022: $4.1M$4.1M2022+4%2023: $1.9M$1.9M2023−54%2024: $4.3M$4.3M2024+125%2025: $1.2M$1.2M2025−71%
Operating income5674-$7.2M in 2025+286% since 2021
-$8.0M-$6.0M-$4.0M-$2.0M02021: -$1.9M-$1.9M20212022: -$6.1M-$6.1M2022+228%2023: -$7.4M-$7.4M2023+21%2024: -$3.8M-$3.8M2024−49%2025: -$7.2M-$7.2M2025+91%
Net income5674-$8.3M in 2025+57% since 2021
-$15.0M-$10.0M-$5.0M02021: -$5.3M-$5.3M20212022: -$11.0M-$11.0M2022+109%2023: -$6.3M-$6.3M2023−43%2024: -$4.4M-$4.4M2024−30%2025: -$8.3M-$8.3M2025+89%

Every line of the income statement as filed: the last 2 fiscal years, latest first.4

Period ending2025-12-312024-12-31
REVENUES$3.7M$7.8M
COST OF REVENUES$2.5M$3.5M
GROSS PROFIT$1.2M$4.3M
Research and development expenses$2.6M$2.4M
Sales and marketing expenses$2.9M$2.6M
General and administrative expenses$2.9M$3.2M
Other Income-$163.0K
TOTAL OPERATING EXPENSES$8.4M$8.0M
OPERATING LOSS-$7.2M-$3.8M
Interest expenses-$251.0K-$618.0K
Other financial (expense) income, net-$825.0K$2.0K
NET COMPREHENSIVE LOSS FOR THE YEAR-$8.3M-$4.4M
Net loss per share attributable to common shareholders basic (in Dollars per share)-$5.68-$8.50
Net loss per share attributable to common shareholders diluted (in Dollars per share)-$5.68-$8.50
Weighted average number of common stocks used in computing net loss per share basic (in Shares)1.5M shares514.6K shares
Weighted average number of common stocks used in computing net loss per share diluted (in Shares)1.5M shares514.6K shares

Compare ACTELIS NETWORKS INC with another company

Corporate structure

ACTELIS NETWORKS INC sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of ACTELIS NETWORKS INC

  • ACTELIS NETWORKS INC Fremont, California

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What ACTELIS NETWORKS INC reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$9.8M4 Dec 31, 2025$9.8M4 Dec 31, 2024+0.1%
Accumulated depreciation$9.7M4 Dec 31, 2025$9.7M4 Dec 31, 2024+0.2%
Property and equipment, net$26.0K4 Dec 31, 2025$38.0K4 Dec 31, 2024−31.6%
Operating-lease assets (leased space)$69.0K4 Dec 31, 2025$410.0K4 Dec 31, 2024−83.2%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$4.1M4 Dec 31, 2025$2.0M4 Dec 31, 2024+106.3%
Long-term investments$91.0K4 Dec 31, 2025$86.0K4 Dec 31, 2024+5.8%

Inventory

ItemLatestA year beforeChange
Inventory, total$2.5M4 Dec 31, 2025$2.4M4 Dec 31, 2024+1.0%
Raw materials$1.7M4 Dec 31, 2025$1.5M4 Dec 31, 2024+11.4%
Finished goods$766.0K4 Dec 31, 2025$915.0K4 Dec 31, 2024−16.3%

Properties, in its own words

We had leased a facility in Fremont, California, which consisted of approximately 3,000 square feet of office, lab and warehouse space through October 2025. We vacated the Fremont facility on November 6, 2025 and moved our business location to a Regus/HQ.com hosted facility in Sunnyvale, and established a service agreement with a Loveland, CO based company to host our inventory, testing lab and provide services as needed for customer success. Our occupation of the Sunnyvale facility runs on a monthly basis, with an initial one-year commitment which runs through October 2026. Our inventory hosting services in Loveland will run on a continuous basis until terminated.

The lease in Petach Tikva, Israel terminated December 31, 2025 and we signed a new amendment with the same landlord in the same building for a different suite and warehouse approximately 50% smaller for through December 2027. This downsizing effort was done in an effort to refit our lease to conform to our current needs and for cost savings purposes.

The rest of Item 2

We believe our facilities are sufficient to meet our current needs and that suitable space will be available as and when needed. We do not own any real property.

Item 2 of the 10-K filed Mar 18, 2026.3

Leadership

Who has led ACTELIS NETWORKS INC, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Tuvia Barlev2022–2025
  2. Yoav Efron2025–now

Chair

  1. Tuvia Barlev2022–2024

Chief financial officer

  1. Yoav Efron2022–now
2025
Board members and other officers (16)

Timeline

  1. Oct 15, 20268-K Regulation FD disclosure; Other events29
  2. Aug 25, 20268-K Shareholder vote30
  3. Aug 13, 20268-K Results of operations; Regulation FD disclosure31
  4. Jul 29, 20268-K Other events32
  5. Jul 13, 20268-K Listing notice or transfer33
  6. Jul 1, 20268-K Regulation FD disclosure34
  7. Jul 1, 20268-K Entered a material agreement; Unregistered sale of shares35
  8. May 14, 20268-K Results of operations; Regulation FD disclosure36
  9. Apr 24, 20268-K Regulation FD disclosure37
  10. Apr 13, 20268-K Shareholder vote38
  11. Apr 9, 20268-K Listing notice or transfer; Regulation FD disclosure39
  12. Mar 24, 20268-K Regulation FD disclosure40
  13. Nov 6, 2025New chief executive Yoav Efron becomes CEO10
  14. May 17, 2022New chief executive Tuvia Barlev becomes CEO11

Calendar

Coming up

  1. Around Nov 12, 2026Next results, estimated About a quarter after its last report. The company hasn't announced the date.

When it reported results

  1. Aug 13, 2026Reported quarterly or annual results31
  2. May 14, 2026Reported quarterly or annual results36
  3. Mar 18, 2026Reported quarterly or annual results41
  4. Nov 14, 2025Reported quarterly or annual results42
  5. Aug 14, 2025Reported quarterly or annual results43
  6. May 13, 2025Reported quarterly or annual results44
  7. Mar 24, 2025Reported quarterly or annual results45
  8. Nov 14, 2024Reported quarterly or annual results46

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

332 filings to the SEC since October 2021: 4 annual reports, 14 quarterly reports, 120 major events, 62 insider forms, 16 large holders, 4 private raises, 112 other. The latest 20:

  1. Oct 15, 20268-K CURRENT REPORT EDGAR
  2. Aug 25, 20268-K CURRENT REPORT EDGAR
  3. Aug 13, 20268-K CURRENT REPORT EDGAR
  4. Aug 13, 202610-Q QUARTERLY REPORT EDGAR
  5. Jul 29, 20268-K CURRENT REPORT EDGAR
  6. Jul 27, 20264 EDGAR
  7. Jul 16, 2026DEFA14A DEFINITIVE ADDITIONAL MATERIALS EDGAR
  8. Jul 16, 2026DEF 14A PROXY STATEMENT EDGAR
  9. Jul 14, 202625-NSE EDGAR
  10. Jul 13, 20268-K CURRENT REPORT EDGAR
  11. Jul 13, 20263 EDGAR
  12. Jul 9, 2026SCHEDULE 13G EDGAR
  13. Jul 8, 2026424B3 PROSPECTUS SUPPLEMENT EDGAR
  14. Jul 7, 2026EFFECT EDGAR
  15. Jul 6, 2026PRE 14A PRELIMINARY PROXY STATEMENT EDGAR
  16. Jul 2, 2026EFFECT EDGAR
  17. Jul 1, 2026S-1 REGISTRATION STATEMENT EDGAR
  18. Jul 1, 2026POS AM POST-EFFECTIVE AMENDMENT NO. 1 TO FORM S-1 EDGAR
  19. Jul 1, 20268-K CURRENT REPORT EDGAR
  20. Jul 1, 20268-K CURRENT REPORT EDGAR

The 332 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

8 open-market trades by officers, directors and large owners since October 2021: 0 buys and 8 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Jul 24, 2026White Lion Capital LLC10% ownerSale130,112$0.07$9.1KForm 4
Jul 23, 2026White Lion Capital LLC10% ownerSale80,449$0.07$5.6KForm 4
May 18, 2026Barlev TuviaCEOSale13,801$0.08$1.1KForm 4
Apr 1, 2024Barlev TuviaCEOSale8,965$1.11$10.0KForm 4
Apr 1, 2024Barlev TuviaCEOSale0Form 4
Sep 29, 2023Winkler-Solomon MichalVice President MarketingSale205$1.11$228Form 4
May 17, 2023Barlev TuviaCEOSale2,107$3.32$7.0KForm 4
May 17, 2023Niv IsraelDirectorSale422$3.32$1.4KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025Tuvia Barlev,64$298.2K$629.0K53
2025Yoav Efron57$193.5K$286.1K53
2025Yaron Altit,56$134.8K$231.9K53
2024Chief Executive Officer and Chairman$298.2K$323.3K53
2024Deputy ChiefExecutive Officer and Chief Financial Officer$188.1K$207.1K53
2024Executive Vice PresidentInternational Sales$125.5K$191.4K53

Money raised

Private offerings the company reported to the SEC on Form D.

  1. Sep 29, 2025Raised $850,000 in a private offering of equity Form D: 1 investor so far Form D
  2. Sep 29, 2025Filed a private offering of equity Form D: $30 million offered in all Form D
  3. Sep 3, 2025Raised $2.5 million in a private offering of equity Form D: 1 investor so far Form D
  4. Jun 30, 2025Raised $1 million in a private offering of equity Form D: 3 investors so far Form D

SEC filer profile

How ACTELIS NETWORKS INC is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARACTELIS NETWORKS INC1
  • CIK0001141284
  • Employer ID (EIN)52-21603093
  • Filer statusNon-accelerated filer an emerging growth company; a smaller reporting company; not a shell company3
  • Incorporated inDelaware3
  • Fiscal year endsDecember 311
  • Industry code (SIC)3669 Communications Equipment, NEC1
  • SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance1
  • Business address4039 Clipper Court, Fremont, CA 945381
  • Phone510-545-10401
  • Shares outstanding28,837,580 as of Aug 11, 20269
  • Public float$5.7M as of Jun 30, 20253
  • AuditorKesselman & Kesselman, Tel Aviv, Israel PCAOB ID 1309; no auditor attestation of internal control over financial reporting3
  • On EDGAR sinceApr 29, 20021
  • Filings346 in all: 8-K (117), 4 (42), 3 (20), CORRESP (19), 10-Q (14), UPLOAD (13), EFFECT (12), D (11)1
    All 40 form types

    S-1/A (10), S-1 (9), 424B3 (8), DEF 14A (7), SCHEDULE 13G (7), SCHEDULE 13G/A (7), PRE 14A (6), 10-K (4), REGDEX (4), 424B5 (3), 8-K/A (3), DEFA14A (3), REGDEX/A (3), 424B4 (2), DRS (2), DRSLTR (2), S-3 (2), S-8 (2), 25-NSE (1), 8-A12B (1), CERT (1), DEF 14C (1), DEFR14A (1), DRS/A (1), FWP (1), NT 10-Q (1), NT 10-Q/A (1), POS AM (1), PRE 14C (1), S-3/A (1), SC 13G (1), SC 13G/A (1)

  • Latest filingsAnnual report (10-K) Mar 18, 2026
    Quarterly report (10-Q) Aug 13, 2026
    Proxy statement (DEF 14A) Jul 16, 2026
    Latest 8-K (8-K) Oct 15, 2026

Securities registered for trading

ClassSymbolExchange
Common stock, par value $0.0001 per shareASNSNasdaq

From the cover page of the 10-K filed Mar 18, 2026 (Section 12(b) of the Exchange Act).3

Risk factors and legal proceedings

The risks ACTELIS NETWORKS INC names in Item 1A of its 10-K filed Mar 18, 2026: 55 risks under these headings, as written.3

  • Risks Related to Our Business
  • Risks Related to Protecting Our Technology and Intellectual Property
  • Risks Related to Managing Our Business Operations in Israel
  • Risks Related to our Common Stock
  • We have a history of net losses, may incur substantial net losses in the future, and may not achieve or sustain profitability or growth in future periods. If we cannot achieve and sustain profitability, our business, financial condition, and operating results will be adversely affected.
  • There is no guaranty that we will be able to generate the revenue necessary to support our cost structure or obtain the level of financing necessary for our operations.
  • Our financial condition raises substantial doubt as to our ability to continue as a going concern
  • Our shares of common stock could be delisted from the Nasdaq Capital Market if we fail to regain compliance with the Nasdaq’s stockholders’ equity continued listing standards. Our ability to publicly or privately sell equity securities and the liquidity of our shares of common stock could be adversely affected if we are delisted from the Nasdaq Capital Market.
  • Unfavorable global economic or political conditions could adversely affect our business, financial condition or results of operations.
  • Prolonged inflation rates could negatively impact our revenues and profitability if increases in the prices of our products or a decrease in customer spending results in lower sales which would adversely affect our business, results of operations and financial condition.
  • We may need to raise additional capital to meet our business requirements in the future, and such capital raising may be costly or difficult to obtain and could dilute our stockholders’ ownership interests.
  • Our indebtedness could adversely affect our ability to raise additional capital to fund operations, limit our ability to react to changes in the economy or our industry and prevent us from meeting our financial obligations.
The other 47 risks
  • To support our business growth, in the past years we increased our focus on serving certain IoT verticals, while continuing to serve our existing Telco customers. This change in our strategy may make it more difficult to evaluate our business growth and future prospects, and may increase the risk that we will not be successful in our plans.
  • We may have ineffective sales and marketing efforts.
  • We outsource our product manufacturing and are dependent on our key manufacturers, and on our component and OEM suppliers. We are susceptible to problems, and have encountered problems in the past, in connection with procurement, decreasing quality, reliability, and protectability.
  • Demand for our products and solutions may not grow or may decline.
  • Our gross margins may not increase or may deteriorate.
  • Changes in the price and availability of our raw materials and shipping could be detrimental to our profitability.
  • Expanding our operations and marketing efforts to meet expected growth may impact profitability if actual growth is less than expected.
  • If our internal company cyber-security measures are breached or fail and unauthorized access is obtained to our IT environment, we may incur significant losses of data, which we may not be able to recover and may experience a delay in our ability to conduct our day-to-day business.
  • We provide cyber security features as part of our products that may not completely prevent information security breaches, and our products are installed in live customer environments and may be compromised by cyber-attacks and damage customer assets.
  • We depend on key information systems and third-party service providers.
  • We depend on our management team and other key employees, and the loss of one or more of these employees or an inability to attract and retain highly skilled employees could adversely affect our business.
  • We may face the effects of increased competition and rapid technological changes.
  • We are dependent on skilled human capital.
  • Our results of operations are likely to fluctuate from quarter to quarter and year to year, which could adversely affect the trading price of our common stock.
  • The loss of one or more of our significant customers, or any other reduction in the amount of revenue we derive from any such customer, would adversely affect our business, financial condition, results of operations and growth prospects.
  • Our business, operating results and growth rates may be adversely affected by current or future unfavorable economic and market conditions and adverse developments with respect to financial institutions and associated liquidity risk.
  • The effects of health pandemics, such as the global COVID-19 pandemic could have an adverse impact on our business, financial condition and results of operations.
  • Our performance is affected by general economic and political conditions and taxation policies.
  • We may be adversely affected by the political and economic situation in the U.S., Europe and a number of countries in Asia.
  • Our business could be adversely impacted by changes in laws, regulations and tariffs related to government contracts.
  • We are subject to laws and regulations worldwide, changes to which could increase our costs and individually or in the aggregate adversely affect our business.
  • Scrutiny of sustainability and environmental, social, and governance (“ESG”) initiatives could increase our costs or otherwise adversely impact our business.
  • Claims by others that we infringe their intellectual property could force us to incur significant costs or revise the way we conduct our business.
  • Our patents and proprietary technology may be challenged or disputed.
  • Any failure to protect our intellectual property rights could impair our ability to protect our proprietary technology and our brand.
  • The lives of our patents may not be sufficient to effectively protect our products and business.
  • We may not be able to adequately defend against piracy of intellectual property in foreign jurisdictions.
  • Geo-Political conditions in the Middle East and in Israel, where our research and development facilities are located, may harm our operations.
  • Actelis Israel received Israeli government grants for certain of our research and development activities, the terms of which require us to pay royalties and satisfy specified conditions in order to manufacture products and transfer technologies outside of Israel. If we fail to satisfy these conditions, we may be required to pay penalties and refund grants previously received.
  • There are costs and difficulties inherent in managing cross-border business operations.
  • Employment and other material contracts we have with our Israeli employees are governed by Israeli laws. Our inability to enforce or obtain a remedy under these agreements could adversely affect our business and financial condition.
  • We may be adversely affected by fluctuations in the currency exchange rate of the Israeli Shekel.
  • Unanticipated changes in our effective tax rate and additional tax liabilities, including those resulting from our international operations or the implementation of new tax rules, could harm our future results.
  • The requirements of being a public company may strain our resources, divert management’s attention, and affect our ability to attract and retain executive management and qualified board members.
  • We are an “emerging growth company,” and our compliance with the reduced reporting and disclosure requirements applicable to “emerging growth companies” may make our common stock less attractive to investors.
  • If we fail to maintain an effective system of internal control over financial reporting, we may not be able to accurately report our financial results or prevent fraud. As a result, our shareholders could lose confidence in our financial and other public reporting, which would harm our business and the trading price of our common stock.
  • If we fail to maintain an effective system of internal control over financial reporting, we may not be able to accurately report our financial results or prevent fraud. As a result, stockholders could lose confidence in our financial and other public reporting, which would harm our business and the trading price of our common stock.
  • Our disclosure controls and procedures may not prevent or detect all errors or acts of fraud.
  • An active trading market may not develop for our securities.
  • Our issuance of additional capital stock in connection with financings, acquisitions, investments, our 2015 Equity Incentive Plan, or otherwise will dilute all other stockholders.
  • We do not intend to pay dividends on our common stock and, consequently, the ability of common stockholders to achieve a return on investment will depend on appreciation, if any, in the price of our common stock.
  • Future sales of our common stock, or the perception that future sales may occur, may cause the market price of our common stock to decline, even if our business is doing well.
  • The market price of our common stock may be volatile and may decline regardless of our operating performance, and you may lose all or part of your investments.
  • A possible “short squeeze” due to a sudden increase in demand of our common stock that largely exceeds supply may lead to price volatility in our common stock.
  • If securities or industry analysts do not publish research, or publish inaccurate or unfavorable research, about our business, our stock price and trading volume could decline.
  • Provisions in our charter documents and under Delaware law could make an acquisition of our company more difficult, limit attempts by our stockholders to replace or remove our current board of directors and limit the market price of our common stock.
  • Our Charter provides that derivative actions brought on our behalf, actions against our directors, officers, employees or agent for breach of fiduciary duty and certain other actions may be brought only in the Court of Chancery in the State of Delaware and the stockholders shall be deemed to have consented to this choice of forum provision, which may have the effect of discouraging lawsuits against our directors, officers, other employees or agents.

Legal proceedings

We are not currently a party to any material legal proceedings.

The opening of Item 3, Legal Proceedings.3

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
  15. 15
  16. 16
  17. 17
  18. 18
  19. 19
  20. 20
  21. 21
  22. 22
  23. 23
  24. 24
  25. 25
  26. 26
  27. 27
  28. 28
  29. 29
  30. 30
  31. 31
  32. 32
    SEC EDGAROther events
  33. 33
  34. 34
  35. 35
  36. 36
  37. 37
  38. 38
  39. 39
  40. 40
  41. 41
  42. 42
  43. 43
  44. 44
  45. 45
  46. 46
  47. 47
  48. 48
  49. 49
  50. 50
  51. 51
  52. 52
  53. 53