MLRT
MetAlert, Inc.0.0003
+0.0000+0%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
15.64KP/E (TTM)
-Basic EPS (TTM)
-0.02Dividend Yield
0%Recent Filings
10-Q
Q2 FY2025 results
MetAlert's Q2 revenues fell 28% y/y to $32K while services held steady, but product sales halved to $8K amid tariff uncertainty and government delays; gross margin slipped to 65% from 67%. Operating loss widened slightly to $94K, with net loss at $169K driven by higher interest and debt discount amortization. Cash dwindled to $7K after $176K YTD operating burn, offset by $130K financing including $55K preferred stock; heavy debt load exceeds $5M. Stockholders' deficit grew to $4.8M. Diluted EPS reconciles at $(0.00). Customer concentration persists. Debt overhang looms large.
10-Q
Q1 FY2025 results
MetAlert's Q1 revenue dipped 16% y/y to $40,768, with product sales down sharply to $14,369 while service income rose 13% to $26,399; gross margin shrank to 45% from 89% amid higher COGS. Operating loss narrowed to $(139,537) from $(176,007) as opex fell 28%, yet net loss hit $(235,364) or $(0.01) per share—consistent with 36.2M diluted shares—driven by higher interest and debt discount amortization exceeding 20% of operating loss. Cash burned $97K in operations, ending at $40,641 after $85K financing inflows; debt tops $5.2M including convertibles, amid $4.6M stockholders' deficit. No free cash flow disclosed. Customer concentration lingers.
10-K
FY2024 results
MetAlert posted FY2024 revenue of $181K, down 27% y/y from $248K, yet slashed net loss 30% to $828K via 29% operating expense cuts and 71% lower COGS after inventory write-offs. Subscriptions surged 54% while SmartSole DTC orders jumped 234% and international sales rose 26%, fueling gross margins from 9% to 64%—Q4 momentum built on cost discipline. Cash dwindled to $54K against $4.6M liabilities; funded via $290K debt, $200K preferred stock. No quarterly breakdowns disclosed. Going concern in doubt. Substantial doubt shadows funding needs.
10-Q
Q3 FY2024 results
MetAlert's Q3 revenues fell 39% y/y to $52K while gross margins exploded to 37% from near-zero, thanks to a service mix shift and production delays on SmartSoles and GunAlert v2 cleared in early October. Operating loss narrowed to $134K from $253K y/y, fueled by 44% lower wages and 61% cheaper professional fees, yet net loss widened to $198K as interest and debt discount amortization bit. Cash drained to $29K after $336K YTD operating burn, offset by $302K financing; debt totals ~$4.8M including convertibles and $150K CARE loan at 3.75%. Stock comp drove the net-operating gap. Customer concentration lingers.
8-K
Secures $345K note with royalties
MetAlert inked a securities purchase agreement effective August 5, 2024, with Carl LaRue for a $345,000 convertible note (including $45,000 OID), funded in six $50,000 tranches through January 2025 at 5% interest. It pledges Gun Alert inventory as security, pays $5 per unit royalties until LaRue recoups $345,000 plus six months, and grants warrants for 20% of compensation shares issued. Funding bolsters liquidity, but ties payouts to sales.
IPO
Website
Employees
Sector
Industry
ALRTF
ALR Technologies SG LTD.
0.02-0.00
CMTL
Comtech Telecommunications Corp
3.11+0.11
GCTK
GlucoTrack, Inc.
5.18+0.03
GNSS
Genasys Inc.
2.17+0.04
MIND
MIND Technology, Inc.
7.94-0.15
MOBX
Mobix Labs, Inc.
0.47-0.02
MSI
Motorola Solutions, Inc.
363.83-1.01
MTSR
Metsera, Inc.
70.50-0.25
SSTI
SoundThinking, Inc.
7.93+0.23
TRCK
Track Group, Inc.
0.30+0.00