Vislink Technologies, Inc. (NASDAQ:VISL) Q4 2022 Earnings Call Transcript

Mike Bond: A question from Byron asks, since Q1 is almost complete, can we give guidance? Byron, we don’t give guidance as a rule, but we are, as Mickey mentioned, very encouraged by the uptick in interest for our new products, our new services. We think this is a prelude to what we think 2023 will look like, which we think is going to be very positive; but again, we don’t give guidance. We’ve not given guidance in the past and we’re not giving guidance for this quarter.

Mickey Miller: Okay, so I’m just scrolling to the bottom to see if we have any additional new questions. I think, do you see current developments on AI as an opportunity for the company? I think everybody’s heard about ChatGPT 4 and the capabilities that can bring. Certainly that capability, or other AI, like the AI that we’re doing in our current products, ultimately video-centric networks and all networks will be automated. The first part of that is digitize it, so when you look at the journey that we’ve been on in the video world, SDI was the standard not so long ago, and that was effectively an analog standard digitized but not IP based. Now everything is moving to IP-based, and once you’re on an IP-based solution, then it’s very easy to digitize things and automate things, so that’s what we’re working on.

We’re working on IP-based COFDM. Obviously our bonded solutions are IP-based, our 5G four live solutions are IP-based, and our AI solutions are IP-based, so as everything converges on internet protocol, we’ll be able to automate and digitize, and that’s really where the magic of what we bring in terms of the software that’s delivered over our hardware solutions brings opportunity for our customers to do so much more, so much more efficiently, so it’s either about creating amazing content but doing it at a lower price point so that efficiencies in the system are there, creating automation to be able to identify what the ideal highlights are. There’s so many ways that AI is going to impact our industry both on the public safety side as well as on the sports and entertainment side, live production side, and we’re going to be at the forefront of it.

Mickey Miller: So I think that’s all the questions we have. Again, we will be connecting with our investor base more consistently now with Matt Glover and Tom Colton from Gateway Group leading us on the IR side. If you have any questions, please shoot it to our VISL at gatewayir.com, and we’ll continue to focus on the basics of taking this opportunity, the funnel that we have, increasing that funnel as well as converting that funnel to orders and targeting our software services business and our growth engine around public safety and sports and entertainment. Thanks everyone.

Mike Bond: Thank you.

Operator: The conference has now concluded. Thank you for attending today’s presentation. You may now disconnect.