Financial Data and Key Metrics Changes - Total revenue for Q4 2024 was $3.4 million, down from $7.1 million in Q3 2024, primarily due to a decline in the live production sector and delayed project execution [11] - Full year revenue for 2024 was $27.7 million, slightly up from $27.5 million in 2023 [11] - Gross profit for Q4 2024 was $300,000, with a gross profit margin of 8.8%, compared to $3.6 million and a 51% margin in Q3 2024 [12] - Full year gross profit was $13.8 million, down from $14.1 million in 2023, with a gross profit margin of 49.7% compared to 51% in the prior year [12] - Total expenses in Q4 2024 were $17.4 million, up from $10.3 million in Q3 2024, and full year expenses were $49.2 million compared to $38.1 million in 2023 [13] - Operating loss for Q4 2024 was $14.1 million, compared to a $3.3 million loss in Q3 2024, and full year operating loss was $21.5 million compared to $10.6 million in 2023 [13] - Net loss attributable to common shareholders in Q4 2024 was $14.3 million or $5.82 per share, compared to a loss of $3 million or $1.22 per share in Q3 2024 [14] - Full year net loss was $20.5 million or $8.35 per share, compared to a loss of $9.1 million or $3.83 per share in the prior year [14] - EBITDA for 2024 was a loss of $19.8 million, compared to a loss of $9 million in 2023 [14] Business Line Data and Key Metrics Changes - The Mill Gov business saw over 70% growth in bookings, highlighted by multimillion-dollar orders for airborne video downlink systems [16] - Recurring revenue through new service level agreements reached over $900,000, validating the strategy for predictable high-margin income streams [17] Market Data and Key Metrics Changes - The company experienced healthy demand in the live production market, serving major global events such as the Super Bowl and the Summer Olympics [18] - The company was awarded the best innovation project at the Broadcast Tech Innovation Awards 2024 for its technology contribution to an autonomous racing project [19] Company Strategy and Development Direction - The company aims to solidify its leadership in live production while expanding its Mill Gov business and accelerating recurring revenues through services, targeting positive cash flow in 2025 [16] - The transformation into a service-centric organization is underway, with a focus on building a global service platform [17] - The company is deepening strategic alliances with OEM partners to ensure technological evolution aligns with market needs [20] Management's Comments on Operating Environment and Future Outlook - Management acknowledged that 2024 did not develop as planned, with a strong first half followed by a slowdown, particularly in the live production market [6] - The company is confident in its unique capabilities around video, RF, and IP technologies, expecting better revenue potential in upcoming quarters [10] - Management expressed optimism about achieving cash flow positivity by the end of 2025 [10] Other Important Information - The company took proactive actions to reduce expenses, including product line rationalization and facility consolidation, expected to yield approximately $10 million in yearly savings [9] - The company voluntarily delisted from NASDAQ to save costs associated with being publicly listed, allowing a focus on business management rather than regulatory requirements [8] Q&A Session Summary Question: What were the main challenges faced in Q4? - Management noted revenue timing challenges, softness in the live production market, and output delays due to facility consolidation as key issues [6] Question: How does the company plan to achieve its financial goals? - The company plans to solidify its leadership in live production, expand the Mill Gov business, and accelerate recurring revenues through services [16] Question: What is the outlook for the Mill Gov business? - The Mill Gov business is experiencing strong momentum with over 70% growth in bookings, particularly in drone applications [16]

Exhibit 99.1 Vislink Reports Fourth Quarter and Full Year 2024 Financial and Operational Results Mt. Olive, NJ — May 2, 2025 — Vislink Technologies, Inc. ("Vislink" or the "Company") (OTCQB: VISL), a global technology leader in the capture, delivery, and management of high-quality live video and associated data in the media and entertainment, law enforcement, and defense markets, today reported results for the fourth quarter and full year ended December 31, 2024. Fourth Quarter 2024 and Recent Company Highl ...

Mt. Olive, NJ, May 02, 2025 (GLOBE NEWSWIRE) -- Vislink Technologies, Inc. (“Vislink” or the “Company”) (OTCQB: VISL), a global technology leader in the capture, delivery, and management of high-quality live video and associated data in the media and entertainment, law enforcement, and defense markets, today reported results for the fourth quarter and full year ended December 31, 2024. Fourth Quarter 2024 and Recent Company Highlights Received multimillion-dollar orders for high-reliability airborne video d ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 or Commission File Number: 001-35988 Vislink Technologies, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Delaware 20-5856795 (I.R.S. Employer Identification No.) 350 Clark Drive, Suite 125, Mt. Olive, NJ 07828 ( ...

Mt. Olive, New Jersey, April 16, 2025 (GLOBE NEWSWIRE) -- Vislink Technologies, Inc. (OTCQB:VISL) a global technology leader in the capture, delivery, and management of high-quality live video and associated data in the broadcast, public safety and defense sectors, announced today that its DragonFly V 5G miniature wireless video camera transmitter won the prestigious TV Tech Best of Show Award at NAB 2025.  Designed specifically for immersive, on-the-move live productions, DragonFly V 5G impressed judges wi ...

Mt. Olive, New Jersey, April 16, 2025 (GLOBE NEWSWIRE) -- Vislink Technologies, Inc. (OTCQB: VISL) a global technology leader in the capture, delivery, and management of high-quality live video and associated data in the broadcast, public safety and defense sectors, announced today that its DragonFly V 5G miniature wireless video camera transmitter won the prestigious TV Tech Best of Show Award at NAB 2025.  Designed specifically for immersive, on-the-move live productions, DragonFly V 5G impressed judges w ...

Mt Olive, New Jersey, USA, April 02, 2025 (GLOBE NEWSWIRE) -- Vislink Technologies, Inc. (OTCQB: VISL) announced today that it has joined Ericsson’s Enterprise Wireless Solutions Industry 4.0 Partner Program. Together, Vislink and Ericsson can now provide next-generation 5G and LTE network solutions for private cellular networks, delivering value by opening up new opportunities for broadcasters, media companies, and enterprise organizations to leverage secure, ultra-low latency video transmission over 5G. V ...

Mt Olive, New Jersey, USA, April 02, 2025 (GLOBE NEWSWIRE) -- Vislink Technologies, Inc. (OTCQB:VISL) announced today that it has joined Ericsson's Enterprise Wireless Solutions Industry 4.0 Partner Program. Together, Vislink and Ericsson can now provide next-generation 5G and LTE network solutions for private cellular networks, delivering value by opening up new opportunities for broadcasters, media companies, and enterprise organizations to leverage secure, ultra-low latency video transmission over 5G. Vi ...

Showcasing proven, agile, and integrated solutions transforming how broadcasters capture and deliver live content. Mt. Olive, New Jersey, March 31, 2025 (GLOBE NEWSWIRE) -- Vislink Technologies, Inc. (OTCQB: VISL) a global technology leader in the capture, delivery, and management of high-quality live video and associated data in the broadcast, public safety and defense sectors, will unveil its latest RF and 5G wireless video camera systems, purpose-built to future-proof broadcasters and content creators. A ...

Core Viewpoint - Vislink Technologies, Inc. will hold a conference call on March 31, 2025, to discuss its financial results for Q4 and the full year ended December 31, 2024 [1]. Group 1: Conference Call Details - The conference call is scheduled for March 31, 2025, at 8:30 a.m. Eastern Time [2]. - Participants can join via a toll-free number or an international number, and a webcast will be available for registration [2]. - A replay of the conference call will be accessible after 11:30 a.m. Eastern Time on the same day through April 14, 2025 [3]. Group 2: Company Overview - Vislink Technologies is a global leader in capturing, delivering, and managing high-quality live video and associated data [3]. - The company has over 50 years of experience in video communications and provides solutions using RF, bonded cellular, 5G, and AI-driven technologies [3]. - Vislink's shares are publicly traded on the OTCQB Capital Market under the ticker symbol "VISL" [3].