Vislink Technology 2025 Annual Report

350 Clark Drive, Suite 125Mt. Olive, NJ 07828Phone: (908) 852-3700Website:https://www.vislink.comEmail:support@vislink.com Outstanding Shares Shell Status Indicate by check mark whether the Company is a shell company (as defined in Rule 405 of the Securities Act of 1933, Rule 12b-2 ofthe Exchange Act of 1934, and Rule 15c2-11 of the Exchange Act of 1934): Yes:☐No:☒ Indicate by check mark whether the Company’s shell status has changed since the previous reporting period: Yes:☐No:☒ Change in ControlIndicate by check mark whether a Change in Control5of the Company has occurred during this reporting period:Yes:☐No:☒ Table of Contents FORWARD-LOOKING INFORMATION This quarterly report (including the section regarding Management’s Discussion and Analysis of Financial Condition and Results ofOperations) (this “Report” or this “Quarterly Report”) contains forward-looking statements regarding the business, financial condition,results of operations, and prospects of Vislink Technologies, Inc. Unless the context otherwise requires, references in this Report to“Vislink,” “VISL,” “the Company,” “we,” “us,” “our,” or similar terms refer to Vislink Technologies, Inc., a Delaware corporation andits subsidiaries. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates,” and similar words andphrases are intended to identify forward-looking statements. However, this report does not include an all-inclusive list of words orphrases identifying forward-looking statements. Also, all information concerning future matters is forward-looking statements. Althoughforward-looking statements in this Report reflect our management’s good faith judgment, such information can only be based on factsand circumstances currently known by us. Forward-looking statements are inherently subject to risks and uncertainties, including those VISLINK TECHNOLOGIES, INC.Quarterly Report Item 1. Name and Address(es) of the Issuer and Its Predecessors (if any) In answering this item, provide the current name of the issuer and names used by predecessor entities, along with the dates of the namechanges. Current name of issuer: Vislink Technologies, Inc.Predecessor name of issuer: xG Technology, Inc., date of name change: February 11, 2019Predecessor name of issuer: xG Technology, Inc., date of name change: November 8, 2006Predecessor name of issuer: JTS Acquisitions, LLC, date of name change: March 26, 2003 Current State and Date of Incorporation or Registration:Delaware, August 26, 2002Standing in this jurisdiction: (e.g., active, default, inactive):Active Prior Incorporation Information for the issuer and any predecessors during the past five years: Not applicable Describe any trading suspension or halt orders issued by the SEC or FINRA concerning the issuer or its predecessors since inception: None None Address of the issuer’s principal executive office: 350 Clark Drive, Suite 125, Mt. Olive, NJ 07828 Address of the issuer’s principal place of business:☒Check if the principal executive office and principal place of business are the same address: Has the issuer or any of its predecessors been in bankruptcy, receivership, or any similar proceeding in the past five years? No:☒Yes:☐If yes, provide additional details below: VISLINK TECHNOLOGIES, INC.Quarterly Report Item 2. Security Information Transfer Agent Name: Continental Stock Transfer & Trust CompanyPhone: (212) 509-4000Email: cstmail@continentalstock.comAddress: 1 State Street, 30thFloor, New York, NY 10004-1561Publicly Quoted or Traded Securities: The goal of this section is to provide a clear understanding of the share information for its publicly quoted or traded equity securities.Use the fields below to provide the information, as applicable, for all outstanding classes of securities that are publiclytraded/quoted. Please provide the above-referenced information for all other publicly quoted or traded securities of the issuer. Not applicable Other Classes of Authorized or Outstanding Equity Securities that Do Not Have a Trading Symbol: The goal of this section is to provide a clear understanding of the share information for its other classes of authorized or outstandingequity securities (e.g., preferred shares that do not have a trading symbol). Use the fields below to provide the information, asapplicable, for all other authorized or outstanding equity securities. Not applicable VISLINK TECHNOLOGIES, INC.Quarterly Report Security Description: The goal of this section is to provide a clear understanding of the material rights and privileges of the securities issued by the Company.Please provide the information below for each class of the Company’s equity securities, as applicable: 1)For common equity, describe any dividend, voting, and preemption rights. The Company is authorized to issue up to 100,000,000 shares of Common Stock, $0.00001 par value per share. Each share ofcommon stock entitles the holder to one vote on ma