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DUOT on Nasdaq

DUOS TECHNOLOGIES GROUP, INC.

DUOS TECHNOLOGIES GROUP, INC. is an American prepackaged software services company based in Jacksonville.1 Its shares trade on Nasdaq under the symbol DUOT.1

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Last updated Oct 21, 2026.

Overview

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  • TickerDUOT on Nasdaq1
  • IndustryServices-Prepackaged Software1
  • HeadquartersJacksonville, Florida1
  • Incorporated inFL2
  • Business address6651 Gate Parkway, 4Th Floor, Jacksonville, Fl 322562
  • Filer categoryNon-accelerated filer, Smaller reporting company2
  • Legal formCorporation

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The Company vigorously defends its intellectual property where it believes infringements have occurred.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

29.2%Gross margin4
-36.1%Operating margin4
-36.4%Net margin4
271.2%Revenue growth, 20254
-20.3%Return on equity4
-$37.4MFree cash flow4

What sells

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

Products and services

Services and consulting - related parties brought in 82% of the revenue DUOS TECHNOLOGIES GROUP, INC. broke down this way in fiscal 2025.

  1. Services and consulting - related parties$22.4M482%up 2326% from 2024
  2. Services and consulting$3.9M414%down 5% from 2024
  3. Technology Service$373.3K41%down 83% from 2024
  4. Turnkey Projects$373.3K41%down 83% from 2024
  5. Technology Solutions$349.2K41%
  6. Hosting Revenue$56.0K40%
Products and services by year
Products and services20242025
Services and consulting - related parties$921.6K$22.4M
Services and consulting$4.1M$3.9M
Technology Service$2.3M$373.3K
Turnkey Projects$2.3M$373.3K
Technology Solutions$349.2K
Hosting Revenue$56.0K

Business segments

Asset Management brought in 45% of the revenue DUOS TECHNOLOGIES GROUP, INC. broke down this way in fiscal 2025.

  1. Asset Management$22.4M445%up 2326% from 2024
  2. Asset Management Services$22.4M445%up 2326% from 2024
  3. Technologies$4.3M49%down 33% from 2024
  4. Technology Solutions$349.2K41%
  5. Data Center Hosting and Related Services$56.0K40%
Business segments by year
Business segments20242025
Asset Management$921.6K$22.4M
Asset Management Services$921.6K$22.4M
Technologies$6.4M$4.3M
Technology Solutions$349.2K
Data Center Hosting and Related Services$56.0K

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue71¢$19.1M
  • Research and development3¢$846.9K
  • Other costs26¢$7.0M

Out of $27.0M in revenue.4 The company lost money this year.

Financial statements

Revenue567894$27.0M in 2025+98% since 2019
0$10.0M$20.0M$30.0M2019: $13.6M$13.6M20192020: $8.0M$8.0M2020−41%2021: $8.3M$8.3M2021+3%2022: $15.0M$15.0M2022+82%2023: $7.5M$7.5M2023−50%2024: $7.3M$7.3M2024−3%2025: $27.0M$27.0M2025+271%
Gross profit567894$7.9M in 2025+22% since 2019
0$2.0M$4.0M$6.0M$8.0M2019: $6.5M$6.5M20192020: $235.8K$235.8K2020−96%2021: $2.0M$2.0M2021+765%2022: $4.7M$4.7M2022+133%2023: $1.3M$1.3M2023−72%2024: $469.2K$469.2K2024−64%2025: $7.9M$7.9M2025+1579%
Operating income567894-$9.8M in 2025+306% since 2019
-$15.0M-$10.0M-$5.0M02019: -$2.4M-$2.4M20192020: -$6.6M-$6.6M2020+176%2021: -$7.5M-$7.5M2021+12%2022: -$6.9M-$6.9M2022−8%2023: -$11.4M-$11.4M2023+67%2024: -$11.0M-$11.0M2024−4%2025: -$9.8M-$9.8M2025−11%
Net income567894-$9.8M in 2025+298% since 2019
-$15.0M-$10.0M-$5.0M02019: -$2.5M-$2.5M20192020: -$6.7M-$6.7M2020+173%2021: -$6.0M-$6.0M2021−11%2022: -$6.9M-$6.9M2022+14%2023: -$11.2M-$11.2M2023+64%2024: -$10.8M-$10.8M2024−4%2025: -$9.8M-$9.8M2025−9%

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

Period ending2025-12-312024-12-31
Total Revenues$27.0M$7.3M
Total Cost of Revenues$19.1M$6.8M
GROSS MARGIN$7.9M$469.2K
Sales and marketing$1.2M$2.1M
Research and development$846.9K$1.5M
General and administration$15.6M$7.8M
Total Operating Expenses$17.6M$11.5M
LOSS FROM OPERATIONS-$9.8M-$11.0M
Interest expense-$439.3K-$286.1K
Change in fair value of warrant liabilities$246.0K
Gain (Loss) on extinguishment of debt-$95.7K$379.6K
Interest income on lease receivable$8.5K
Interest income$446.9K$37.2K
Other Income (Expenses), net$7.4K-$157.6K
Total Other Income (Expenses), net-$72.2K$219.1K
NET LOSS-$9.8M-$10.8M
Basic Net Loss Per Share-$0.64-$1.39
Diluted Net Loss Per Share-$0.64-$1.39
Weighted Average Shares-Basic15.3M shares7.7M shares
Weighted Average Shares-Diluted15.3M shares7.7M shares

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Corporate structure

DUOS TECHNOLOGIES GROUP, 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 DUOS TECHNOLOGIES GROUP, INC.

  • Alyeska Investment Group, L.P. Filed SCHEDULE 13G/A on DUOS TECHNOLOGIES GROUP, INC., latest Aug 14, 2026 (2 filings since May 15, 2026)
  • Bleichroeder LP Filed SCHEDULE 13G/A on DUOS TECHNOLOGIES GROUP, INC., latest Aug 13, 2026 (5 filings since Feb 14, 2022)
  • BlackRock Filed SCHEDULE 13G on DUOS TECHNOLOGIES GROUP, INC., latest Jul 29, 2026
  • Shay Capital LLC Filed SCHEDULE 13G on DUOS TECHNOLOGIES GROUP, INC., latest May 18, 2026
  • Laurence W. Lytton Filed SCHEDULE 13G/A on DUOS TECHNOLOGIES GROUP, INC., latest Feb 13, 2025 (5 filings since Feb 15, 2022)
  • BARD ASSOCIATES INC Filed SCHEDULE 13G/A on DUOS TECHNOLOGIES GROUP, INC., latest Feb 12, 2025 (4 filings since Feb 14, 2022)
  • Norman H. Pessin Filed SC 13D/A on DUOS TECHNOLOGIES GROUP, INC., latest Oct 7, 2022 (3 filings since Oct 5, 2021)
  • DUOS TECHNOLOGIES GROUP, INC. Jacksonville, Florida

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

What it owns

What DUOS TECHNOLOGIES GROUP, 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
Computer equipment and software$796.8K4 Dec 31, 2025$796.8K4 Dec 31, 20240%
Property and equipment, before depreciation$29.8M4 Dec 31, 2025$4.5M4 Dec 31, 2024+566.3%
Accumulated depreciation$2.1M4 Dec 31, 2025$1.7M4 Dec 31, 2024+23.6%
Property and equipment, net$27.7M4 Dec 31, 2025$2.8M4 Dec 31, 2024+900.7%
Operating-lease assets (leased space)$3.7M4 Dec 31, 2025$4.0M4 Dec 31, 2024−9.4%

Investments

ItemLatestA year beforeChange
Stakes in other companies (equity method)$7.2M4 Dec 31, 2025$7.2M4 Dec 31, 20240%

Intangibles and goodwill

ItemLatestA year beforeChange
Intangible assets, net (excluding goodwill)$186.1K4 Dec 31, 2025$127.3K4 Dec 31, 2024+46.2%
Finite-lived intangibles, gross$11.2M9 Dec 31, 2024$326.1K7 Dec 31, 2022+3322.2%
Accumulated amortization$1.6M9 Dec 31, 2024$256.4K7 Dec 31, 2022+512.0%
Finite-lived intangibles, net$9.6M9 Dec 31, 2024$265.2K7 Dec 31, 2022+3516.8%

Inventory

ItemLatestA year beforeChange
Inventory, total$306.8K4 Dec 31, 2025$605.4K4 Dec 31, 2024−49.3%

Properties, in its own words

On July 26, 2021, the Company entered a new operating lease agreement of office and warehouse combination space of 40,000 square feet with the lease commencing on November 1, 2021 and ending May 31, 2032, This additional space allows for resource growth and engineering efforts for operations before deploying to the field. The rent for the first twelve months of the term was calculated as rentable base space on 30,000 square feet. The rent is subject to an annual escalation of 2.5%, beginning December 1, 2022. The Company made a security deposit payment in the amount of $600,000 on July 26, 2021. The Company has applied the FASB issued ASU No. 2016-02 Leases (Topic 842) (“ASU 2016-02”) in the fourth quarter of 2021.

The Company now has a total of office and warehouse space of 40,000 square feet.

The rest of Item 2

Rental expense for the office lease during 2025 and 2024 was $781,638 and $781,638, respectively.

We lease land at multiple locations to support the deployment and operation of our edge data centers, which are used to provide data infrastructure and colocation services to our customers. These ground leases are a critical component of our operating infrastructure, as they host revenue-generating assets, including modular data center units and related power and connectivity equipment.

Our ground leases generally have initial terms ranging from 5 to 10 years and may include renewal options, escalation provisions, and other customary terms. Certain leases are structured to align with the expected useful life of the underlying EDC assets and the duration of associated customer contracts.

We believe our existing facilities are adequate to meet our current operational needs. We continually evaluate our real estate footprint to support future growth and may enter into additional ground leases in connection with new EDC deployments.

Item 2 of the 10-K filed Mar 31, 2026.3

Leadership

Who has led DUOS TECHNOLOGIES GROUP, INC., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Gianni B. Arcaini2015–2020
  2. Charles Parker Ferry2020–2026
  3. Frank Douglas Recker2026–now

Chair

  1. Gianni B. Arcaini2015–2020

President

  1. Dom Lesme2011
  2. Frank Douglas Recker2025–now

Chief financial officer

  1. Adrian Graham Goldfarb2015–2022
  2. Andrew Winslow Murphy2022–2024
  3. Leah F. Brown2025–2026
  4. Christopher James Dealmeida2026–now

Chief operating officer

  1. Dom Lesme2011
  2. Christopher T. King2025
  3. Dipan D. Patel2026–now
201520202025
Board members and other officers (14)

Named in SEC Form D filings

People the company listed in its private-offering notices.

  • DirectorKenneth A. Lonegro named Nov 16, 202335

Former names

  • DUOS TECHNOLOGY GROUP, INC.Jul 13, 2015 to Aug 19, 20152
  • INFORMATION SYSTEMS ASSOCIATES, INC.Apr 27, 2007 to Jun 29, 20152

Timeline

  1. Oct 13, 20268-K Executive or director change36
  2. Oct 5, 20268-K Entered a material agreement; Completed an acquisition or sale37
  3. Sep 23, 2026New chief executive Frank Douglas Recker becomes CEO12
  4. Sep 17, 20268-K Executive or director change38
  5. Aug 26, 20268-K Executive or director change39
  6. Aug 19, 20268-K Results of operations; Regulation FD disclosure40
  7. Aug 18, 20268-K Executive or director change41
  8. Aug 17, 20268-K Regulation FD disclosure42
  9. Aug 11, 20268-K Entered a material agreement; Completed an acquisition or sale; Regulation FD disclosure43
  10. Jul 20, 20268-K Entered a material agreement44
  11. Jun 17, 20268-K Entered a material agreement; Other events45
  12. Jun 11, 20268-K Other events46
  13. Jun 9, 20268-K Executive or director change47
  14. Sep 1, 2020New chief executive Charles Parker Ferry becomes CEO13
  15. Aug 28, 2015New chief executive Gianni B. Arcaini becomes CEO14

Calendar

Coming up

  1. Nov 11, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported ($0.06) a share, on Nov 12, 2025.48

When it reported results

  1. Aug 19, 2026Reported quarterly or annual results40
  2. May 19, 2026Reported quarterly or annual results49
  3. Apr 2, 2026Reported quarterly or annual results50
  4. Mar 4, 2026Reported quarterly or annual results51
  5. Nov 14, 2025Reported quarterly or annual results52
  6. Aug 18, 2025Reported quarterly or annual results53
  7. May 19, 2025Reported quarterly or annual results54
  8. Apr 2, 2025Reported quarterly or annual results55

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

Filings

366 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 88 major events, 156 insider forms, 21 large holders, 7 private raises, 74 other. The latest 20:

  1. Oct 15, 20264/A EDGAR
  2. Oct 15, 20264/A EDGAR
  3. Oct 15, 20264 EDGAR
  4. Oct 13, 20263 EDGAR
  5. Oct 13, 20268-K EDGAR
  6. Oct 9, 20264 EDGAR
  7. Oct 9, 20264 EDGAR
  8. Oct 9, 20264 EDGAR
  9. Oct 9, 20264 EDGAR
  10. Oct 9, 20264 EDGAR
  11. Oct 9, 20264 EDGAR
  12. Oct 5, 20268-K EDGAR
  13. Sep 23, 20264 EDGAR
  14. Sep 22, 20264 EDGAR
  15. Sep 17, 20268-K EDGAR
  16. Aug 26, 20268-K EDGAR
  17. Aug 26, 20263 EDGAR
  18. Aug 19, 202610-Q QUARTERLY REPORT EDGAR
  19. Aug 19, 20268-K EDGAR
  20. Aug 18, 20268-K EDGAR

The 366 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

16 open-market trades by officers, directors and large owners since October 2021: 14 buys and 2 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Sep 22, 2026Recker Frank DouglasChief Executive OfficerBuy9,250$9.14$84.5KForm 4
Sep 18, 2026Nixon James CraigDirectorBuy5,764$8.55$49.3KForm 4
May 23, 2025Goldfarb Adrian GrahamInterim CFOSale9,285$7.77$72.1KForm 4
May 20, 2025Goldfarb Adrian GrahamInterim CFOSale1,300$7.85$10.2KForm 4
May 21, 2024Ferry Charles ParkerDirectorBuy3,773$2.70$10.2KForm 4
Sep 30, 2022Pessin Brian L.10% ownerBuy333,334$3.00$1.0MForm 4
Sep 30, 2022PESSIN SANDRA F10% ownerBuy333,334$3.00$1.0MForm 4
Jul 1, 2022EHRMAN KENNETH SBuy1$3.75$4Form 4
Jun 30, 2022EHRMAN KENNETH SBuy807$3.75$3.0KForm 4
Jun 29, 2022EHRMAN KENNETH SBuy2,796$3.74$10.5KForm 4
Jun 28, 2022EHRMAN KENNETH SBuy10,000$3.71$37.1KForm 4
Jun 16, 2022EHRMAN KENNETH SBuy898$3.75$3.4KForm 4
May 20, 2022Ferry Charles ParkerDirectorBuy2,325$3.57$8.3KForm 4
May 19, 2022Ferry Charles ParkerDirectorBuy675$3.51$2.4KForm 4
Feb 4, 2022Bleichroeder LP10% ownerBuy375,000$4.00$1.5MForm 4
Feb 4, 2022Pessin Brian L.10% ownerBuy300,000$4.00$1.2MForm 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
2025Charles P. Ferry,$400.0K$4.1M63
2025Adrian G. Goldfarb,$325.0K$3.1M63
2025Christopher T. King,$325.0K$1.3M63
2025Leah F. Brown,$188.3K$411.8K63
2024Former Chief Operating Officer (COO)$231.4K$289.1K63
2024Chief Executive Officer (CEO)$276.3K63
2024Chief Financial Officer (CFO)$236.2K63
2024Former Chief Financial Officer (CFO)$82.3K63

Money raised

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

  1. Jul 22, 2024Raised $2.2 million in a private offering of debt Form D: 2 investors so far Form D
  2. Mar 22, 2024Raised $3 million in a private offering of equity Form D: 10 investors so far Form D
  3. Nov 10, 2023Raised $2.5 million in a private offering of equity Form D: 2 investors so far Form D
  4. Aug 2, 2023Raised $5 million in a private offering of equity Form D: 2 investors so far Form D
  5. Mar 27, 2023Raised $4 million in a private offering of equity Form D: $30 million offered in all Form D
  6. Sep 30, 2022Raised $4 million in a private offering of equity Form D: 8 investors so far Form D

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 97. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Alyeska Investment Group, L.P.2,000,000$24.0M0.1%+93,341
BlackRock, Inc.1,657,657$19.9M0.0%+1,567,534
Bleichroeder LP1,627,806$19.5M3.5%No change
Royal Bank Of Canada1,330,063$16.0M0.0%−628
Northern Right Capital Management, L.P.1,219,122$14.6M4.3%+141,496
Morgan Stanley1,177,994$14.1M0.0%+116,265
Vanguard Capital Management LLC1,130,835$13.6M0.0%+159,009
Shay Capital LLC931,635$11.2M1.2%+270,535
Geode Capital Management, LLC635,008$7.6M0.0%+476,506
Jane Street Group, LLC613,248$7.4M0.0%+574,342
Cantor Fitzgerald, L. P.600,000$7.2M0.1%New
Private Advisor Group, LLC511,000$6.1M0.0%+84,819
State Street Corp431,478$5.2M0.0%+365,299
UBS Group AG323,188$3.9M0.0%−89,167
Potomac Capital Management, Inc.313,300$3.8M2.8%−10,882
HighMark Wealth Management LLC289,884$3.5M1.2%New
Renaissance Technologies LLC287,200$3.4M0.0%+22,785
Gratia Capital, LLC270,275$3.2M3.7%−309,725
Jpmorgan Chase & Co266,160$3.1M0.0%+212,413
Silvercrest Asset Management Group LLC242,536$2.9M0.0%New
Northern Trust Corp222,541$2.7M0.0%+168,013
Citadel Advisors LLC206,412$2.5M0.0%+49,767
Vanguard Portfolio Management LLC182,369$2.2M0.0%New
Vanguard Fiduciary Trust Co171,220$2.1M0.0%+76,741
Susquehanna International Group, Llp151,961$1.8M0.0%−178,943

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

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

  • Name on EDGARDUOS TECHNOLOGIES GROUP, INC.1
  • CIK0001396536
  • Employer ID (EIN)65-04932173
  • Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; not a shell company3
  • Incorporated inFlorida3
  • Fiscal year endsDecember 311
  • Industry code (SIC)7372 Services-Prepackaged Software1
  • SEC reviewing officeOffice of Technology, Division of Corporation Finance1
  • Business address6651 Gate Parkway, 4Th Floor, Jacksonville, FL 322561
  • Phone904-296-28001
  • Shares outstanding31,472,499 as of Aug 18, 202611
  • Public float$51.1M as of Jun 30, 20253
  • AuditorSALBERG & COMPANY, P.A., Boca Raton, Florida PCAOB ID 106; no auditor attestation of internal control over financial reporting3
  • On EDGAR sinceApr 27, 20071
  • Filings727 in all: 4 (179), 8-K (179), 10-Q (55), SC 13G/A (29), 3 (27), 10-K (18), UPLOAD (18), EFFECT (15)1
    All 54 form types

    NT 10-Q (15), CORRESP (14), S-1/A (13), D (12), DEF 14A (12), 4/A (10), 424B5 (10), S-1 (10), 10-Q/A (8), 424B3 (8), DEFA14A (8), SC 13G (8), S-8 (7), 10-K/A (6), PRE 14A (6), SC 13D/A (6), NT 10-K (5), POS AM (5), SCHEDULE 13G/A (5), SB-2/A (4), S-3 (3), SCHEDULE 13G (3), 3/A (2), DEFR14A (2), RW (2), S-3/A (2), SC 13D (2), 10KSB (1), 10KSB/A (1), 10QSB (1), 10QSB/A (1), 144 (1), 424B1 (1), 424B4 (1), 8-A12B (1), 8-A12G (1), 8-A12G/A (1), 8-K/A (1), CERT (1), D/A (1), NT 10-Q/A (1), PRER14A (1), S-1MEF (1), S-3MEF (1), S-8 POS (1), SB-2 (1)

  • Latest filingsAnnual report (10-K) Mar 31, 2026
    Quarterly report (10-Q) Aug 19, 2026
    Proxy statement (DEF 14A) Apr 15, 2026
    Latest 8-K (8-K) Oct 13, 2026

Securities registered for trading

ClassSymbolExchange
Common Stock, par value $0.001 per shareDUOTNASDAQ

From the cover page of the 10-K filed Mar 31, 2026 (Section 12(b) of the Exchange Act).3

Risk factors and legal proceedings

The risks DUOS TECHNOLOGIES GROUP, INC. names in Item 1A of its 10-K filed Mar 31, 2026: 27 risks under these headings, as written.3

  • Risks Related to Our Company and Business
  • We are shifting our business to focus on data centers and digital infrastructure markets.
  • Our portfolio depends upon local economic conditions and is geographically concentrated in certain locations.
  • We lease the locations on which our data centers are located and the ability to retain these leases, and to find suitable locations for future deployment of data centers and negotiate leases and satisfy all other development issues for these new locations, could be a significant risk for our ongoing operations.
  • We are dependent upon third-party suppliers for power and other services, and we are vulnerable to service failures of our third-party suppliers and to price increases by such suppliers.
  • We depend on third parties to provide network connectivity to the customers in our data centers, and any delays or disruptions in connectivity may adversely affect our business and results of operations.
  • The nature of the technology management platforms utilized by us are complex and highly integrated, and if we fail to successfully manage releases or integrate new solutions, it could harm our revenues, operating income, and reputation.
  • We may be adversely affected by the effects of inflation and supply chain disruption.
  • Our products and services may fail to keep pace with rapidly changing technology and evolving industry standards.
  • The market opportunity for our products and services may not develop in the ways that we anticipate.
  • Our revenues are dependent on general economic conditions and the willingness of enterprises to invest in technology.
  • Our working capital profile may shift over time to require additional investment.
The other 16 risks
  • Some of our competitors are larger and have greater financial and other resources than we do.
  • We have a history of losses and our growth plans may lead to additional losses and negative operating cash flows in the future.
  • We may be unable to protect our intellectual property, which could impair our competitive advantage, reduce our revenue, and increase our costs.
  • We may be required to incur substantial expenses and divert management attention and resources in defending intellectual property litigation against us.
  • We may incur substantial expenses and divert management resources in prosecuting others for their unauthorized use of our intellectual property rights.
  • If we are unable to apply technology effectively in driving value for our clients through technology-based solutions or gain internal efficiencies and effective internal controls through the application of technology and related tools, our operating results, client relationships, growth and compliance programs could be adversely affected.
  • We depend on key personnel who would be difficult to replace, and our business plan will likely be harmed if we lose their services or cannot hire additional qualified personnel.
  • Due to our dependence on a limited number of customers, we are subject to a concentration of credit risk.
  • Our business has been highly dependent on an Asset Management Agreement with New APR Energy.
  • Changes in the Availability of Government Financing May Adversely Affect Our Customer’s Ability to Enter Into Major Capital Projects, such as Data Centers.
  • Risks Related to Our Common Stock
  • You may experience dilution of your ownership interest due to future issuances of our securities.
  • Our Board of Directors may issue and fix the terms of shares of our Preferred Stock without stockholder approval, which could adversely affect the voting power of holders of our Common Stock or any change in control of our Company.
  • We may consider registering additional shares using our S3 shelf registration facility.
  • We do not expect to pay dividends and investors should not buy our common stock expecting to receive dividends.
  • Our operating results are likely to fluctuate from period to period.
  • We are subject to the Florida anti-takeover provisions, which may prevent you from exercising a vote on business combinations, mergers or otherwise.

Legal proceedings

From time to time, we may be involved in litigation relating to claims arising out of our operations in the normal course of business. We are currently not involved in any litigation that we believe could have a material adverse effect on our financial condition or results of operations. There is no action, suit, proceeding, inquiry or investigation before or by any court, public board, government agency, self-regulatory organization or body pending or, to the knowledge of the executive officers of our Company or any of our subsidiaries, threatened against or affecting our Company, our common stock, any of our subsidiaries or any of our Company’s or our subsidiaries’ officers or directors in their capacities as such, in which an adverse decision could have a material adverse effect.

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.

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  23. 23
  24. 24
  25. 25
  26. 26
  27. 27
  28. 28
  29. 29
  30. 30
  31. 31
  32. 32
  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
    SEC EDGAROther events
  47. 47
  48. 48
  49. 49
  50. 50
  51. 51
  52. 52
  53. 53
  54. 54
  55. 55
  56. 56
  57. 57
  58. 58
  59. 59
  60. 60
  61. 61
  62. 62
  63. 63