Odysight Ai Inc's Business Segments

Odysight.ai Inc., a Nevada corporation, and its subsidiaries—Odysight.ai Ltd., Odysight.Ai EU S.r.l., and D. VIEW Ltd.—operate collectively as the Company. The Company reports financial and operational data based on a fiscal year ending December 31. Odysight.ai develops vision-based sensor products, integrating artificial intelligence and machine learning technologies. Its objectives include scaling operations, achieving market acceptance, and promoting large-scale adoption of its products while maintaining product quality, performance, and cost-effectiveness in accordance with technical and quality specifications. The Company faces operational risks such as sales cycle variability, supply chain challenges, regulatory compliance across multiple jurisdictions, intellectual property management, reliance on third parties and a limited customer base, cybersecurity threats, and geopolitical instability, particularly in the Middle East. Odysight.ai invests in research and development for new technologies and may pursue acquisitions of complementary businesses. As a publicly listed company on the Nasdaq Capital Market, it acknowledges the associated challenges. The Company uses non-GAAP financial measures, including backlog, to supplement GAAP figures. Forward-looking statements address expectations and risks related to its business and industry environment.

The Company operates a single reportable segment focused on vision-based platform solutions. The chief executive officer, serving as the chief operating decision maker, manages this segment, evaluates its performance, and allocates resources. Segment performance is assessed based on profit or loss to compare budgeted and actual results. Key expense categories reviewed include revenues, cost of sales, research and development expenses, sales and marketing, general and administrative expenses, share-based compensation, inventory impairment, depreciation, net finance income, and net loss for the years ended December 31, 2025 and 2024.