Aug. 12 at 10:05 PM
$KSCP 8-K
Second Quarter 2026 Financial Highlights
• Record revenue:
$9.0 million, up 228% from
$2.7 million in the second quarter of 2025, driven by the full-quarter contribution from the Security Force.
• Second consecutive quarter of positive gross margin: Gross margin of
$0.7 million, or approximately 7% of revenue, compared with a gross loss of
$0.9 million in the prior-year period, driven by the immediately accretive Security Force acquisition and service cost reduction initiatives.
• Net loss:
$14.1 million, or
$0.79 per share, compared with a net loss of
$6.3 million, or
$0.90 per share, in the prior-year period.
• Balance sheet: Cash and cash equivalents of
$8.2 million at quarter end, with an improving cash conversion cycle due to the effects of the acquisition
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