Welcome to our dedicated page for Rekor Systems SEC filings (Ticker: REKR), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Rekor Systems, Inc. filings document an operating company that develops roadway intelligence systems and has common stock registered under the symbol REKR on Nasdaq. Its reports include Form 8-K disclosures for operating results, Regulation FD updates, material definitive agreements, capital-raising transactions involving common stock and warrants, and Nasdaq listing-compliance matters.
Proxy and governance filings describe board elections, auditor ratification, say-on-pay votes, director changes, executive employment arrangements and related compensation matters. The filing record also provides formal disclosure around financial-condition updates, non-GAAP reconciliations furnished with earnings releases, public-company governance matters and the company’s equity capital structure.
Nalepa Joseph reported acquisition or exercise transactions in this Form 4 filing.
Rekor Systems, Inc. reported that its CFO, Joseph Nalepa, received an equity award recorded as 100,000 shares of Common Stock at $0.00 per share, representing a grant of 100,000 Restricted Stock Units (RSUs). These RSUs will vest in three equal installments over an 18‑month period, with one‑third vesting on November 11, 2026, one‑third on May 11, 2027, and one‑third on November 11, 2027. Following this grant, Nalepa beneficially owns 184,731 shares of Common Stock. The footnotes also state that his holdings include 6,666 RSUs that vest in equal installments on September 2, 2026 and September 2, 2027.
Rekor Systems, Inc. reported first-quarter 2026 revenue of $10.3 million, up from $9.2 million a year earlier, driven mainly by urban mobility and public safety contracts. The company still posted a net loss of $9.4 million and used $3.7 million of cash in operating activities, though this was an improvement versus the prior year.
At March 31, 2026, Rekor had $12.6 million in cash, cash equivalents and restricted cash, total assets of $78.5 million, and a working capital deficit of about $3.7 million. Management states that existing cash is insufficient to fund the current level of operations and discloses that these conditions raise substantial doubt about the company’s ability to continue as a going concern over the next twelve months without additional financing or expense reductions.
Rekor Systems reported Q1 2026 revenue of $10.3 million, up 12% from Q1 2025, driven by data-as-a-service and roadway intelligence growth. Gross margin improved to 53%, compared with 48% a year earlier, reflecting a higher mix of software and data revenue.
Loss from operations narrowed to $8.8 million from $10.1 million, while net loss improved to $9.4 million from $10.9 million. Adjusted EBITDA loss was about $6.5 million, better than the $7.4 million loss in Q1 2025. Cash and equivalents were $12.2 million as of March 31, 2026, down from $16.6 million at year-end, reflecting seasonal patterns and restructuring costs.
The company reduced headcount by about 16% (45 positions) from the end of 2025, with most savings expected in Q2 2026. Rekor is evaluating refinancing its Prime Revenue Sharing Notes to lower its cost of capital and plans to bring its GoSecure™ evidence-authentication product to market in Q3 2026.
Rekor Systems, Inc. received a Nasdaq notice on April 27, 2026 that its common stock no longer meets the $1.00 per share minimum bid price required by Nasdaq Listing Rule 5550(a)(2), based on 30 consecutive business days from March 13 through April 24, 2026.
The stock will continue trading on The Nasdaq Capital Market under the symbol REKR while the company has until October 26, 2026, a 180-day compliance period, to regain compliance by achieving a closing bid of at least $1.00 for ten consecutive business days. Rekor may use options such as a reverse stock split and, if needed, seek a second 180-day compliance period or appeal any delisting determination to a Nasdaq Hearings Panel.
Rekor Systems, Inc. reported that CEO and Executive Chairman Robert Alan Berman acquired 1,000,000 shares of Common Stock through a grant of Restricted Stock Units (RSUs) on April 21, 2026. The RSUs were fully vested upon issuance under his Amended and Restated Employment Agreement dated March 24, 2026, with no cash price per share. Following this compensation award, he directly holds 2,685,219 shares of Rekor common stock.
Rekor Systems, Inc. has called its 2026 Annual Meeting of Stockholders for May 15, 2026, at 10:30 a.m. Eastern, to be held both at its Columbia, Maryland headquarters and via live webcast. Stockholders will vote on electing six directors, ratifying CBIZ CPAs P.C. as independent public accountant for the year ending December 31, 2026, and approving on an advisory basis the compensation of named executive officers.
Stockholders of record at the close of business on March 25, 2026, when 136,578,177 common shares were outstanding, are entitled to one vote per share. The Board recommends voting for all director nominees, for ratification of CBIZ CPAs P.C., and for the say-on-pay resolution.
Rekor Systems, Inc. reported full-year 2025 results showing modest revenue growth and sharply lower losses. Revenue rose to $48.5 million from $46.0 million, up 5%, driven primarily by its Public Safety product line, where revenue increased to $17.4 million from $14.8 million on stronger perpetual license sales.
Cost of revenue excluding depreciation and amortization fell to $21.4 million from $23.3 million, lifting Adjusted Gross Profit to $27.1 million from $22.7 million and expanding Adjusted Gross Margin to 55.9% from 49.3%. Loss from operations improved significantly to $(28.9) million from $(54.3) million, helped by lower payroll-related costs and reduced asset impairment charges.
Net loss narrowed to $(31.5) million from $(61.4) million, while Adjusted EBITDA loss improved by 38% to $(18.1) million from $(29.1) million as the company emphasized cost containment and a more product-focused operating model. Cash and cash equivalents increased to $16.6 million at December 31, 2025 from $5.0 million a year earlier, and total stockholders’ equity rose to $42.9 million from $34.1 million.
Rekor Systems, Inc. is a Delaware-based roadway intelligence company focused on AI-driven solutions for public safety, urban mobility, and transportation management. Its core platforms include Rekor One®, Rekor Command® for transportation management, Rekor Discover® for traffic analytics and planning, and Rekor Scout® for public safety and license plate recognition, supported by proprietary edge hardware such as Edge Max™, Edge Pro™, and Edge Flex™.
The company emphasizes a recurring revenue model through software and data subscriptions, supplemented by hardware and traffic engineering services. Rekor reported a net loss of $31,460,000 for the year ended December 31, 2025, and held federal net operating loss carryforwards of about $229,894,000. As of March 25, 2026, Rekor had 136,578,177 shares of common stock outstanding and approximately $125 million in aggregate market value of non-affiliate common stock as of June 30, 2025. The filing highlights significant investment in research and development, acquisitions, and a subscription-centric growth strategy, alongside detailed risk factors around continued losses, competition, cybersecurity, regulation, and dependence on government and commercial adoption.
Rekor Systems, Inc. reported a board change and new executive employment agreements. Professor Sanjay Sarma resigned as a director effective March 25, 2026, and will continue supporting technology and innovation as Chairman of the Board of Managers of wholly owned subsidiary Rekor Labs, LLC.
The company entered into an amended and restated employment agreement with President and CEO Robert A. Berman, running through June 30, 2028, with automatic renewals, a base salary of $395,000 and eligibility for performance bonuses. Within 30 days of the effective date, he will receive a fully vested one-time grant of 1,000,000 shares of common stock.
CFO Joseph Nalepa entered into an employment agreement effective as of his November 17, 2025 appointment, with an initial term through June 30, 2028, a base salary of $260,000, an initial bonus opportunity of $75,000 tied to timely completion of 2025 reporting, and future discretionary bonus opportunities. Both executives receive 12 months of base-salary severance if terminated without Cause or for Good Reason, and enhanced lump-sum payments of three times (CEO) or two times (CFO) base salary if terminated within 120 days after a Change in Control.
Rekor Systems CFO Joseph Nalepa reported a routine tax-related share disposition. On March 15, 2026, 1,155 shares of common stock were withheld at $1.01 per share to cover taxes tied to the vesting of 3,333 restricted stock units (RSUs).
After this withholding, Nalepa directly held 84,731 Rekor shares. He also has 6,666 additional RSUs scheduled to vest in equal installments on September 2, 2026 and September 2, 2027, indicating ongoing equity-based compensation rather than an open-market sale.