One Stop Systems, Inc. reports developments tied to rugged Enterprise Class compute and storage products for artificial intelligence, machine learning, sensor processing, sensor fusion and autonomy at the edge. The company designs hardware and software platforms intended for harsh operating environments across land, sea and air applications.
Recurring news for OSS includes operating and financial results, shareholder communications, customer awards, purchase orders and product showcases for defense and commercial markets. Company updates frequently reference rugged AI compute payloads, high-speed data acquisition, training and inference workflows, defense platforms such as the U.S. Navy P-8A Poseidon, autonomous systems and relationships with industrial OEM, government and defense-prime customers.
One Stop Systems (OSS), a leader in rugged Enterprise Class compute for AI, machine learning and sensor processing at the edge, has announced its participation in the Planet MicroCap Showcase: VEGAS 2025.
The company will deliver a presentation on April 23, 2025, at 3:30 PM PT at the Paris Hotel & Casino in Las Vegas. The event, organized in partnership with MicroCapClub, offers investors the opportunity to:
- Attend the live presentation via webcast
- Schedule one-on-one meetings with OSS management
- Participate in person at the conference venue
Interested parties can access the live presentation through the event platform, and all presentation webcasts will be available for later viewing under the Agenda section.
One Stop Systems (OSS) has secured a new $500,000 contract from a medical imaging OEM customer for providing 4U short-depth-server (SDS) with Enterprise Class NVIDIA GPUs to support FDA-cleared breast scanning technology. The contract is expected to contribute to revenue throughout 2025.
The company anticipates follow-on orders for next-generation liquid-cooled 3U-SDS, which may become standard on all the OEM's Breast Scanning devices. OSS projects these follow-on orders could generate over $25 million in cumulative sales over the next five years. The technology aims to improve outcomes for more than 40 million women in the U.S. who undergo mammograms annually.
One Stop Systems (OSS) reported Q4 2024 financial results with consolidated revenue of $15.1 million, up 15.1% year-over-year. The company experienced growth in both OSS and Bressner segments, with OSS segment revenue increasing 10% due to higher defense and commercial customer revenue.
Q4 gross margin was 15.7%, down from 33.7% in Q4 2023, primarily due to a $1.2 million contract loss charge. The company reported a net loss of $3.1 million or $(0.15) per share. For full-year 2024, revenue was $54.7 million, down 10.2% from 2023, with a net loss of $13.6 million.
Looking ahead to 2025, OSS expects:
- Consolidated revenue of $59-61 million
- OSS segment growth over 20% year-over-year
- EBITDA break-even for the full year
- Stronger performance in second half of 2025
One Stop Systems (OSS), a leader in rugged Enterprise Class compute for AI, machine learning and sensor processing at the edge, has scheduled its Q4 and full year 2024 financial results release for March 19, 2025, before market opens.
The company will host a conference call and webcast on the same day at 10:00 a.m. ET to discuss the results. A replay will be available from 1:00 p.m. ET until April 2, 2025.
One Stop Systems (Nasdaq: OSS), a leading provider of rugged Enterprise Class compute solutions for AI, machine learning, and sensor processing at the edge, has announced its participation in the upcoming 37th Annual ROTH Conference.
The conference is scheduled for March 17-18, 2025, in Dana Point, CA. Company executives Mike Knowles (President and CEO) and Dan Gabel (CFO) will be available for one-on-one meetings with investors throughout both days of the event. Interested parties can arrange meetings through their ROTH representatives.
One Stop Systems (OSS) has secured two significant contract renewals with the U.S. Department of Defense, totaling $6 million. The first is a $4 million contract for the P-8A Poseidon Aircraft program, including production orders, tech refresh, and a 5-year support extension under a $36 million sole-source supplier agreement. This contract involves providing high-capacity flash storage systems and support services.
The second renewal is a $2 million contract for upgrading PCIe infrastructure supporting sonar sensor processing on the Virginia Class Submarine. This sole-source agreement, ongoing since 2010, will support the program for at least another decade. Prototypes will be delivered in early 2025, with production systems following later in the year.
One Stop Systems (OSS) has secured a new $200,000 order from a leading Asian defense contractor for rugged enterprise-class servers. The hardware will be used in unmanned surface vessels (USV) for autonomous maritime operations. The delivery is scheduled for Q4 2024, with additional similar or larger orders expected in 2025-2026.
The system includes two 3U Short Depth Servers and ethernet switches, designed to process data from over 30 cameras in harsh maritime conditions with ambient temperatures exceeding 40°C. The technology will enable vessels to operate autonomously for defense, public safety, and security missions.
One Stop Systems (OSS) has secured a new order from an award-winning AI infrastructure company valued at $2 million. The initial 100-piece order includes 50 OSS Ponto Reef compute accelerators and 50 OSS Gen5 4UPro Accelerator Systems, with production starting in Q1 2025. The Ponto Reef system is an industry-first PCIe 5.0 expansion system supporting up to 32 PCIe Accelerator Devices in a single chassis, designed for GenAI/ML, HPC, visualization, and data science applications in the Composable Disaggregated Infrastructure (CDI) market.
One Stop Systems (OSS) has appointed Daniel Gabel as CFO, Treasurer, and Secretary, effective November 11, 2024. Gabel succeeds John Morrison, who is retiring after serving since September 2017. Gabel brings over 14 years of defense industry experience, most recently serving as CFO of CAES' Defense System Division. Previously, he spent over 10 years at RTX across various finance roles, including as CFO of SEAKR Engineering. The transition aligns with OSS's strategy to pursue growth in commercial and defense markets.
One Stop Systems reported Q3 2024 results with consolidated revenue of $13.7 million, showing sequential growth from Q2. The OSS segment revenue increased 17.5% year-over-year, while Bressner segment experienced a decline due to European market softness. The company incurred a $6.1 million charge for obsolete inventory, resulting in a net loss of $6.8 million. Despite this, OSS maintained strong cash position of $12.6 million and expects Q4 2024 revenue of approximately $15.0 million, with OSS segment revenue projected over $7.0 million.