Nico Sacchetti's questions to DUOS TECHNOLOGIES GROUP (DUOT) leadership • Q2 2025
Question
Nico Sacchetti inquired about Duos Technologies' fully diluted share count, the per-share impact of non-cash stock compensation, and the potential for non-GAAP reporting. He also asked about the company's current cash position, the status of its ATM program, the detailed unit economics of its edge data centers (EDCs), and the long-term deployment roadmap and associated capital requirements.
Answer
CFO Adrian Goldfarb provided the fully diluted share count (25 million), confirmed the ATM program was terminated, and stated the current cash balance is just under $40 million. He noted non-cash compensation is about $1 million per quarter and that one-time bonuses related to the APR deal will not recur. CEO Charles Ferry detailed the EDC unit economics, citing a $1.2-$1.4 million installation cost per pod, generating $350k-$500k in annual revenue. He outlined the plan to install 15 EDCs in 2025, 65 by the end of 2026, and ultimately 150, stating that current capital is sufficient to execute the plan through 2026 without further equity raises.