VISL on OTC

XG Technology

Logo: xG Technology, Inc., Public domain, via Wikimedia Commons5

American technology company

Vislink Technologies, Inc. is an American technology company that specializes in the collection, delivery, management and distribution of high quality live video and data.3 From Wikipedia, CC BY-SA 4.0

Price unavailable

Last updated Oct 19, 2026.

Overview

2002Founded1

Compare with AmpliTech Group, Inc., GEORGE RISK INDUSTRIES, INC. or Track Group, Inc., or pick any stock.

  • TickerVISL on OTC1
  • Industrytelecommunications1
  • HeadquartersSarasota1
  • Websitewww.xgtechnology.com
  • Legal formDelaware corporation1
  • Incorporated inDE6
  • Business address350 Clark Drive, Suite 125, Mt. Olive, Nj 078286
  • Filer categoryNon-accelerated filer, Smaller reporting company6
  • LEI549300QXCON16MHSX9194
  • StatusActive4
  • LEI statusLapsed (not renewed)4
  • Registered addressC/O Corporate Agents, Inc., 19808 Wilmington, United States4
  • Registered withDivision of Corporations, Department of State, 35624494

See how the biggest companies compare on our leaderboards

Vislink Technologies, Inc. is an American technology company that specializes in the collection, delivery, management and distribution of high quality live video and data. Founded as xG Technology in Sarasota, Florida in 2002, the company had acquired both Vislink and Integrated Microwave Technologies by 2017. In February 2019, xG Technology formally changed its name to Vislink Technologies. The company is headquartered in Hackettstown, New Jersey and has regional offices in Billerica, Massachusetts and Anaheim, California, as well as global offices in the United Kingdom, Dubai and Singapore. Vislink is a publicly traded company listed on the NASDAQ Capital Market.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2024

-77.6%Operating margin7
-73.9%Net margin7
0.9%Revenue growth, 20247
-119.1%Return on equity7
-$7.4MFree cash flow7

Where the money goes

Where each dollar of revenue went, fiscal 2024

  • Cost of revenue75¢$20.8M
  • Research and development16¢$4.6M
  • Other costs8¢$2.2M
  • Income tax1¢$145.0K

Out of $27.7M in revenue.7 The company lost money this year.

Financial statements

Revenue891011127$27.7M in 2024−28% since 2018
0$10.0M$20.0M$30.0M$40.0M2018: $38.3M$38.3M20182019: $28.9M$28.9M2019−24%2020: $22.9M$22.9M2020−21%2021: $33.9M$33.9M2021+48%2022: $28.1M$28.1M2022−17%2023: $27.5M$27.5M2023−2%2024: $27.7M$27.7M2024+1%
Operating income891011127-$21.5M in 2024+49% since 2018
-$30.0M-$20.0M-$10.0M02018: -$14.4M-$14.4M20182019: -$17.2M-$17.2M2019+19%2020: -$17.9M-$17.9M2020+4%2021: -$17.7M-$17.7M2021−1%2022: -$14.1M-$14.1M2022−21%2023: -$10.6M-$10.6M2023−25%2024: -$21.5M-$21.5M2024+103%
Net income891011127-$20.5M in 2024+38% since 2018
-$30.0M-$20.0M-$10.0M02018: -$14.9M-$14.9M20182019: -$18.0M-$18.0M2019+21%2020: -$17.6M-$17.6M2020−3%2021: -$16.4M-$16.4M2021−7%2022: -$13.5M-$13.5M2022−17%2023: -$9.1M-$9.1M2023−33%2024: -$20.5M-$20.5M2024+125%
Fiscal year2018201920202021202220232024
Revenue$38.3M8$28.9M9$22.9M10$33.9M11$28.1M12$27.5M7$27.7M7
Cost of revenue$13.9M7$20.8M7
Research and development$7.9M8$3.2M9$2.7M10$3.1M11$4.1M12$3.5M7$4.6M7
Operating expenses$51.6M11$42.2M12$24.2M7$28.5M7
Operating income-$14.4M8-$17.2M9-$17.9M10-$17.7M11-$14.1M12-$10.6M7-$21.5M7
Interest$2.7M16
Income before tax-$16.4M11-$13.8M12-$9.3M7-$20.6M7
Income tax$6.0K8$14.0K9$9.0K10$7.0K11-$190.0K12-$218.0K7-$145.0K7
Net income-$14.9M8-$18.0M9-$17.6M10-$16.4M11-$13.5M12-$9.1M7-$20.5M7
Earnings per share-$0.3811-$5.8112-$3.837-$8.357
Earnings per share (diluted)-$5.8112-$3.837-$8.357
Shares (weighted, basic)43.5M shares112.3M shares122.4M shares72.5M shares7
Shares (weighted, diluted)2.3M shares122.4M shares72.5M shares7

Compare XG Technology with another company

Leadership

Who has led XG Technology, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. George Frederick Schmitt2015–2018
  2. Roger G. Branton2019
  3. Carleton M. Miller2020–now

President

  1. Ross James Woodyatt2013–2017
  2. James M. Walton2017–2018

Chief financial officer

  1. Roger G. Branton2013–2019
  2. Michael C. Bond2020–2023
  3. Paul Norridge2023–2024
  4. Christopher Kent Desalvo2024–now
20052010201520202025
Board members and other officers (14)

Former names

  • xG TECHNOLOGY, INC.Dec 26, 2012 to Mar 5, 20196

Timeline

  1. Jan 24, 2020New chief executive Carleton M. Miller becomes CEO17
  2. May 30, 2019New chief executive Roger G. Branton becomes CEO18
  3. Jun 29, 2015New chief executive George Frederick Schmitt becomes CEO19
  4. 2002Founded Founded1

Filings

129 filings to the SEC since October 2021: 10 annual reports, 10 quarterly reports, 32 major events, 39 insider forms, 9 large holders, 6 private raises, 23 other. The latest 20:

  1. Jun 20, 2025SCHEDULE 13D/A EDGAR
  2. May 19, 20254 OWNERSHIP DOCUMENT EDGAR
  3. May 12, 202515-12G EDGAR
  4. May 12, 2025SCHEDULE 13D/A EDGAR
  5. May 9, 202510-K/A EDGAR
  6. May 8, 20254 OWNERSHIP DOCUMENT EDGAR
  7. May 2, 20258-K EDGAR
  8. May 2, 202510-K EDGAR
  9. May 1, 20254 EDGAR
  10. Apr 28, 20254 OWNERSHIP DOCUMENT EDGAR
  11. Apr 15, 20254 OWNERSHIP DOCUMENT EDGAR
  12. Apr 10, 20254 OWNERSHIP DOCUMENT EDGAR
  13. Apr 7, 20254 OWNERSHIP DOCUMENT EDGAR
  14. Apr 2, 20254 OWNERSHIP DOCUMENT EDGAR
  15. Mar 31, 2025EFFECT EDGAR
  16. Mar 31, 2025EFFECT EDGAR
  17. Mar 31, 2025NT 10-K EDGAR
  18. Mar 31, 2025S-8 POS EDGAR
  19. Mar 31, 2025POS AM EDGAR
  20. Mar 31, 2025POS AM EDGAR

The 129 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

43 open-market trades by officers, directors and large owners since October 2021: 43 buys and 0 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
May 15, 2025Hale Capital Management, LP10% ownerBuy20,500$2.51$51.5KForm 4
May 8, 2025Hale Fund Partners, LLC10% ownerBuy10,500$2.45$25.7KForm 4
May 7, 2025Hale Fund Partners, LLC10% ownerBuy2,000$2.50$5.0KForm 4
May 6, 2025Hale Fund Partners, LLC10% ownerBuy5,909$2.34$13.8KForm 4
Apr 29, 2025Hale Fund Management, LLC10% ownerBuy1,000$2.40$2.4KForm 4
Apr 25, 2025Hale Fund Partners, LLC10% ownerBuy700$2.35$1.6KForm 4
Apr 24, 2025Hale Fund Partners, LLC10% ownerBuy1,100$2.30$2.5KForm 4
Apr 15, 2025Hale Fund Management, LLC10% ownerBuy2,500$2.41$6.0KForm 4
Apr 11, 2025Hale Fund Management, LLC10% ownerBuy528$2.45$1.3KForm 4
Apr 9, 2025Hale Fund Management, LLC10% ownerBuy434$2.52$1.1KForm 4
Apr 8, 2025Hale Fund Management, LLC10% ownerBuy300$2.53$759Form 4
Apr 7, 2025Hale Fund Management, LLC10% ownerBuy2,006$2.48$5.0KForm 4
Apr 3, 2025Hale Fund Management, LLC10% ownerBuy2$9.99$20Form 4
Mar 31, 2025Hale Capital Partners, LP10% ownerBuy2,735$2.51$6.9KForm 4
Mar 24, 2025Hale Fund Management, LLC10% ownerBuy163$2.59$422Form 4
Mar 13, 2025Hale Fund Partners, LLC10% ownerBuy400$2.54$1.0KForm 4
Mar 12, 2025Hale Fund Partners, LLC10% ownerBuy185$2,554.00$472.5KForm 4
Mar 11, 2025Hale Fund Partners, LLC10% ownerBuy2,112$2.51$5.3KForm 4
Mar 10, 2025Hale Fund Partners, LLC10% ownerBuy5,280$2.50$13.2KForm 4
Mar 7, 2025Hale Fund Partners, LLC10% ownerBuy6,492$2.47$16.0KForm 4

All 43 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Money raised

Private offerings the company reported to the SEC on Form D.

  1. Aug 29, 2024Filed a private offering of securities Form D: named in the filing: Susan Swenson, Ralph Faison, Jude Panetta, Michael Bond, Carleton Miller, Brian Krolicki Form D
  2. Jun 17, 2024Filed a private offering of securities Form D: named in the filing: Brian Krolicki, Ralph Faison, Michael Bond, Carleton Miller, Jude Panetta, Susan Swenson Form D
  3. Feb 12, 2024Filed a private offering of securities Form D: named in the filing: Jude Panetta, Carleton Miller, Brian Krolicki, Ralph Faison, Michael Bond, Susan Swenson Form D
  4. Jan 19, 2024Filed a private offering of securities Form D: named in the filing: Carleton Miller, Susan Swenson, Michael Bond, Brian Krolicki, Jude Panetta, Ralph Faison Form D
  5. Jan 4, 2024Filed a private offering of securities Form D: named in the filing: Brian Krolicki, Christopher DeSalvo, Ralph Faison, Susan Swenson, Jude Panetta, Carleton Miller Form D
  6. Jan 1, 2024Filed a private offering of securities Form D: named in the filing: Ralph Faison, Jude Panetta, Susan Swenson, Carleton Miller, Brian Krolicki, Christopher DeSalvo Form D

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
  15. 15
  16. 16
  17. 17
  18. 18
  19. 19
  20. 20
  21. 21
  22. 22
  23. 23
  24. 24
  25. 25
  26. 26
  27. 27
  28. 28
  29. 29
  30. 30
  31. 31
  32. 32
  33. 33
  34. 34
  35. 35
  36. 36
  37. 37
  38. 38
  39. 39
  40. 40
  41. 41
  42. 42
  43. 43