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Xtract One Technologies Inc. (XTRAF)

Xtract One Technologies Inc. is a global leader in the creation, advancement, and deployment of cutting-edge threat detection systems. The company's operations are divided into two distinct divisions: Patriot and Xtract. The Patriot segment concentrates on developing and commercializing an artificial intelligence (AI)-driven platform for threat detection, while the Xtract segment is dedicated to delivering diverse AI solutions. Among its innovative products is the PATSCAN VRS Video Recognition Software, which integrates digital cameras with artificial intelligence to automatically identify visible weapon threats, physical altercations, and potential health and safety concerns. Another key offering is the PATSCAN Multi-Sensor Gateway, an autonomous detection system designed to uncover concealed weapons, such as firearms or knives, on individuals as they enter secure private or public venues, including educational institutions, sports arenas, concert halls, and retail centers. Furthermore, Xtract One also produces the PATSCAN Cognitive Microwave Radar (CMR), a sophisticated system that utilizes microwave radar technology in conjunction with specialized machine learning and AI software to locate hidden guns and knives. The company, headquartered in Toronto, Canada, was established in 2016. It operated under the name Patriot One Technologies Inc. until December 2022, when it officially rebranded to Xtract One Technologies Inc.

Industry: Software - Application

Xtract One Technologies Inc. logo

Xtract One Technologies Inc.

OTC:XTRAFTechnology
+5.33%$0.3341
Mkt Cap$84.38M
Float223.56M
O/S252.58M
Inst Own-
SI0.6%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$19.99M
Net Income-$4.85M
Total Assets$26.2M
Free Cash Flow-$2.72M
Debt & Equity
Debt 5%
Equity 95%
Total Debt$626K
Total Equity$13M
Shares Outstanding
Short Interest
Split History

No splits on record

Nothing in XTRAF's public trading history: no forward or reverse split has affected the share count.

Balance Sheet Details
Assets$26.2M
Liabilities$13.2M
Accounts Receivable$3.11M
Accounts Payable$2.78M
Inventory$3.07M
PP&E (Net)$2.63M
Goodwill$0
Intangible Assets$2.57M
Income Statement
PeriodFY 2026FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015FY 2014FY 2013FY 2012FY 2011
CurrencyUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSD
Period Ending2026-07-312025-07-312024-07-312023-07-312022-07-312021-07-312020-07-312019-07-312018-07-312017-07-312016-05-312015-05-312014-05-312013-05-312012-05-312011-05-31
Revenue$19.99M$9.82M$11.66M$2.93M$2.58M$771K$1.48M$0$0$0$0$0$0$0$0$0
YoY Growth103.5%-15.8%297.9%13.6%234.5%-47.8%----------
Cost of Revenue$9.55M$4.47M$4.35M$1.23M$198K$20K$138K$354K$24K$66K$158$0$0$0$0$0
Gross Profit$10.43M$5.35M$7.31M$1.7M$2.38M$751K$1.34M-$354K-$24K-$66K-$158$0$0$0$0$0
Gross Margin52.2%54.5%62.7%57.9%92.3%97.4%90.6%---------
Research and Development$4.2M$4.34M$5.89M$4.42M$3.18M$1.97M$3.86M$1.98M$3.39M$850K$429K$0$0$0$2K$612
Selling, General, and Administrative$11.12M$9.31M$8.88M$8.2M$8.13M$6.62M$12.32M$10.21M$5.13M$2.79M$46K$152K$733K$295K$211K$85K
Other$145K$228K$629K-$247K-$358K$0-$175K$0$0$0$0$0$4K$0$0$0
Total Operating Expenses$15.47M$13.88M$15.4M$14.32M$12.44M$9.88M$17.85M$12.54M$8.54M$3.64M$46K$181K$733K$295K$213K$85K
Operating Income (EBIT)-$5.03M-$8.53M-$8.09M-$11.76M-$28.46M$9.11M$16.67M-$12.54M-$8.54M-$1.77M-$38K-$145K$104K-$295K-$213K-$85K
Operating Margin-25.2%-86.9%-69.4%-401.4%-1103.1%1181.1%1129.3%---------
Interest Expense$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Interest Income$195K$128K$203K$115K$22K$18K$343K$614K$0$0$0$0$0$47$0$0
Other Income (Expense)$188K$110K$203K$117K$147K-$2.82M-$34.82M$26K-$24K-$1.87M-$987K-$71K-$1.67M$47$0-$1K
Income Before Tax (EBT)-$4.85M-$8.42M-$7.89M-$11.65M-$28.31M-$11.93M-$18.15M-$12.51M-$8.54M-$5.52M-$54K-$216K-$1.57M-$295K-$213K-$87K
Income Tax Expense$0$0$0$0$0-$121K-$237K-$86K$0-$1.77M$8K$0$0$0-$8K$8K
Net Income-$4.85M-$8.42M-$7.89M-$11.65M-$28.31M-$11.81M-$17.91M-$12.43M-$8.54M-$5.52M-$54K-$216K-$1.57M-$295K-$206K-$94K
Net Income Margin-24.3%-85.7%-67.6%-397.4%-1097.4%-1530.8%-1213.1%---------
Supplementary Data
EPS-0.03-0.05-0.05-0.09-0.26-0.11-0.17-0.13-0.13-0.17-0.07-0.30-2.70-0.66-0.78-1.39
Diluted EPS-0.03-0.05-0.05-0.09-0.26-0.11-0.17-0.13-0.13-0.17-0.07-0.30-2.70-0.66-0.78-1.39
Weighted Average OS254.60M220.86M203.82M176.66M155.74M150.73M148.67M130.72M89.22M46.15M1.13M1.02M814,134625,952368,34995,301
EBITDA-$3.27M-$6.87M-$6.39M-$10.15M-$8.71M-$7.82M-$14.7M-$12.18M-$8.52M$0-$38K-$145K$104K-$295K-$159K-$84K
EBITDA Margin-16.4%-70.0%-54.8%-346.5%-337.6%-1013.6%-995.5%---------
Balance Sheet
PeriodFY 2026FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015FY 2014FY 2013FY 2012FY 2011
CurrencyUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSD
Period Ending2026-07-312025-07-312024-07-312023-07-312022-07-312021-07-312020-07-312019-07-312018-07-312017-07-312016-05-312015-05-312014-05-312013-05-312012-05-312011-05-31
Assets
Current Assets
Cash and Cash Equivalents$12.28M$5.78M$6.15M$5.94M$4.47M$6.88M$15.97M$36.1M$12.53M$3.7M$133K$73K$189K$192K$322K$59K
Short-Term Investments$49K$49K$0$0$0$0$2.87M$0$10.74M$0$0$0$0$0$0$0
Cash and Short-Term Investments$12.33M$5.83M$6.15M$5.94M$4.47M$6.88M$18.84M$36.1M$23.26M$3.7M$133K$73K$189K$192K$322K$59K
Accounts Receivable$3.11M$1.13M$2.75M$366K$1.35M$2.32M$1.16M$1.08M$0$129K$5K$2K$9K$4K$15K$11K
Inventory$3.07M$2.01M$2.63M$1.14M$788K$1.04M$1.08M$704K$146K$117K$0$0$0$0$0$0
Other Current Assets$2M$1.65M$265K$238K$0$0$0$0$0$413K$0$0$0$0$0$0
Total Current Assets$20.51M$10.62M$12.47M$8.41M$7.09M$10.5M$21.76M$38.37M$24.04M$4.4M$144K$81K$202K$199K$338K$96K
Long-Term Assets
Property, Plant & Equipment Net$2.63M$2.34M$1.77M$1.68M$1.47M$1.72M$1.79M$1.16M$403K$0$599$788$986$183K$130K$89K
Goodwill$0$0$0$0$0$18.24M$18.24M$1.85M$0$0$0$0$0$0$0$0
Intangible Assets$2.57M$3.21M$3.18M$3.45M$4.03M$4.6M$5.27M$5.64M$35K$0$0$0$0$0$0$0
Long-Term Investments$0$0$0$0$281K$156K$0$2.41M$0$0$0$0$0$0$0$0
Deferred Tax Assets$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Other Long-Term Assets$492K$427K$354K$0$1$1$0$0-$35K$413K$0$0$0$0$0$9K
Total Long-Term Assets$5.69M$5.98M$5.31M$5.13M$5.78M$24.72M$25.29M$11.06M$403K$413K$599$788$986$183K$130K$97K
Other Assets$0$0$0$0$0$0$0$0$0-$413K$0$0$0$0$0$0
Total Assets$26.2M$16.6M$17.78M$13.54M$12.87M$35.21M$47.06M$49.43M$24.44M$4.4M$144K$82K$203K$382K$468K$194K
Liabilities
Current Liabilities
Accounts Payable$2.78M$1.8M$2.85M$1.8M$1.88M$902K$1.67M$1.35M$532K$396K$85K$366K$287K$12K$50K$30K
Short-Term Debt$204K$179K$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Current Income Tax Payable$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Current Unearned Revenue$5.25M$4.35M$2.45M$984K$140K$220K$305K$0$0$0$0$0$0$0$0$0
Other Current Liabilities$406K$346K$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Total Current Liabilities$8.64M$6.68M$5.44M$2.95M$2.25M$1.34M$2.28M$1.38M$540K$474K$86K$441K$346K$43K$57K$31K
Long-Term Liabilities
Long-Term Debt$0$623K$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Long-Term Unearned Revenue$4.13M$1.72M$2.25M$293K$0$0$0$0$0$0$0$0$0$0$0$0
Long-Term Deferred Tax Liabilities$0$0$0-$293K$0$0$0$0$0$0$0$0$0$0$0$8K
Other Long-Term Liabilities$0-$623K$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Total Long-Term Liabilities$4.55M$2.34M$2.39M$89K$254K$483K$424K$0$0$0$0$0$0$0$0$8K
Other Liabilities$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Total Liabilities$13.2M$9.02M$7.82M$3.03M$2.5M$1.82M$2.7M$1.38M$540K$474K$86K$441K$346K$43K$57K$38K
Stockholders' Equity
Preferred Stock$0$0$0$0$1$0$1$0$1$0$0$0$0$0$0$0
Common Stock$116.3M$106.5M$102.91M$96.82M$85.4M$81.69M$81.69M$68.61M$35.09M$5.07M$2.3M$1.77M$1.76M$707K$591K$0
Retained Earnings-$117.99M-$112.32M-$104.48M-$96.59M-$84.94M-$56.63M-$44.83M-$26.92M-$14.49M-$5.95M-$2.25M-$2.28M-$2.07M-$541K-$301K-$95K
Comprehensive Income & Other$421K$251K$0$0$0$0$0$0$0$3.3M$0$155K$161K$173K$120K$0
Other Stockholders' Equity$14.68M$13.39M$11.52M$10.28M$9.92M$8.33M$7.49M$6.36M$3.3M$4.81M$7K$155K$161K$173K$120K$250K
Total Equity$13M$7.58M$9.96M$10.51M$10.37M$33.39M$44.35M$48.05M$23.9M$3.93M$58K-$359K-$143K$339K$411K$155K
Minority Interest$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Total Liabilities and Equity$26.2M$16.6M$17.78M$13.54M$12.87M$35.21M$47.06M$49.43M$24.44M$4.4M$144K$82K$203K$382K$468K$194K
Supplementary Data
Total Debt$626K$1.42M$272K$254K$483K$703K$722K$0$0$0$0$0$0$0$0$0
Net Debt-$11.65M-$4.35M-$5.88M-$5.68M-$3.99M-$6.18M-$15.25M-$36.1M-$12.53M-$3.7M-$133K-$73K-$189K-$192K-$322K-$59K
Cash Flow Statement
PeriodFY 2026FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015FY 2014FY 2013FY 2012FY 2011
CurrencyUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSD
Period Ending2026-07-312025-07-312024-07-312023-07-312022-07-312021-07-312020-07-312019-07-312018-07-312017-07-312016-05-312015-05-312014-05-312013-05-312012-05-312011-05-31
Operating Activities
Net Income-$4.85M-$8.42M-$7.89M-$11.65M-$28.31M-$11.81M-$17.91M-$12.43M-$8.54M-$5.52M-$54K-$216K-$1.57M-$295K-$206K-$94K
Depreciation & Amortization$1.76M$1.66M$1.5M$1.23M$1.15M$1.29M$1.68M$354K$24K$3.64M$158$197$247$308$385$214
Deferred Income Tax$0$0$0$374K$18.48M$2.84M$2.11M-$86K$0$0$0$0$856K$0-$8K$8K
Stock-Based Compensation$0$0$739K$678K$758K$841K$1.56M$2.2M$868K$917K$0$0$72K$105K$78K$48K
Changes in Working Capital:
  Accounts Receivable-$1.86M$1.64M-$2.15M$747K$971K-$1.16M$285K-$698K-$215K-$101K$891$0$0$0$0$0
  Inventory-$2.26M-$478K-$3.22M-$1.57M-$375K$28K-$556K-$558K-$29K-$117K$0$0$0$0$0$0
  Accounts Payable$993K-$693K$760K-$71K$979K-$772K$121K$698K$66K$0$11K$77K$274K-$6K-$1K$0
  Other Working Capital$2.76M$635K$5M$588K-$303K$343K$118K-$304K-$240K-$83K-$47K$22K$31K$21K$0$0
Total Working Capital Change-$362K$1.1M-$369K-$303K$1.27M-$1.57M-$32K-$862K-$417K-$200K-$37K$100K$306K$15K$20K-$8K
Other Non-Cash Items$995K$1.02M$209K$16K$47K$67K$69K$588K$1.16M-$1.79M-$17K$0$852K$0$0$0
Net Cash from Operating-$2.45M-$4.64M-$5.81M-$9.65M-$6.61M-$8.34M-$12.52M-$10.24M-$8.07M-$2.94M-$107K-$116K-$340K-$175K-$115K-$46K
Investing Activities
Capital Expenditures-$272K-$652K-$1K-$23K-$68K-$404K-$810K-$5.85M-$427K$0$0$0-$645K-$48K-$17K-$89K
Acquisitions$0$116K$0$0$0$15K-$7.09M-$3M$0$2K$0$0$0$0$0$0
Purchases of Investments$0$0$0$0$0$0-$2.27M$4.77M-$10.74M$0$0$0$0$0$0$0
Sales of Investments$0$0$0$283K$0$0$2.27M$10.74M$0$0$0$0$0$0$0$0
Other Investing Activities$0$0-$305K$283K$0$15K$79K-$4.77M-$10.78M$2K$1K$0$0$0$0$0
Net Cash from Investing-$272K-$536K-$306K$260K-$68K-$388K-$7.82M$1.89M-$11.16M$2K$1K$0-$645K-$48K-$17K-$89K
Financing Activities
Debt Repaid--$272K$259K$262K$367K$415K---------
Common Stock Issuance$9.1M$5.1M$6.6M$11.11M$4.53M$0$630K$31.91M$28.06M$3.5M$29K$0$1.01M$75K$392K$174K
Common Stock Repurchases$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Dividends Paid$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Other Financing Activities-$202K-$202K$0$0$0$0$0$0$0$3M$6K$0-$26K$19K$3K$20K
Net Cash from Financing$8.89M$4.89M$6.33M$10.85M$4.27M-$367K$215K$31.91M$28.06M$6.5M$35K$0$982K$94K$395K$194K
Forex Effect$48K-$30K$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Net Change in Cash$6.22M-$310K$215K$1.46M-$2.41M-$9.09M-$20.12M$23.57M$8.83M$3.56M-$71K-$116K-$3K-$130K$263K$59K
Supplementary Data
Operating Cash Flow-$2.45M-$4.64M-$5.81M-$9.65M-$6.61M-$8.34M-$12.52M-$10.24M-$8.07M-$2.94M-$107K-$116K-$340K-$175K-$115K-$46K
Capital Expenditure-$272K-$135K-$306K-$23K-$68K-$404K-$810K-$5.85M-$427K$0$0$0-$645K-$48K-$17K-$89K
Free Cash Flow-$2.72M-$4.77M-$6.11M-$9.67M-$6.68M-$8.74M-$13.33M-$16.08M-$8.5M-$2.94M-$107K-$116K-$985K-$223K-$132K-$135K
Cash at Beginning$5.72M$6.09M$5.94M$4.47M$6.88M$15.97M$36.1M$12.53M$3.7M$139K$73K$189K$192K$322K$59K$0
Cash at End$11.94M$5.78M$6.15M$5.94M$4.47M$6.88M$15.97M$36.1M$12.53M$3.7M$1K$73K$189K$192K$322K$59K