Mike Distiller

Mike Distiller inquired about the significant increase in corporate expenses, specifically the jump from approximately $430,000 to $980,000, and also commented on Senstar Technologies' pursuit of AI development for product improvement and partnerships in securing data centers and power generation facilities.

Answer

CFO Alicia Kelly clarified that the corporate expenses increased from $470,000 to $890,000 due to an abnormal cost associated with consulting fees. CEO Fabien Haubert elaborated on three ways AI impacts the company: enhancing sensor data analysis for detection and false alarm reduction, improving internal processes, and driving demand for security solutions in new data centers and power generation facilities.

Mike Distiller inquired about the significant increase in corporate expenses and the company's strategy regarding AI development, particularly its role in sales, partnerships, and integration with facility construction and energy protection.

Answer

Alicia Kelly, Chief Financial Officer, attributed the corporate expense increase primarily to exceptional consulting fees. Fabien Haubert, Chief Executive Officer, detailed Senstar's three-pronged approach to AI: enhancing sensor data for improved detection and situational awareness, optimizing internal processes, and addressing the security needs of new data centers and power generation facilities driven by AI expansion.