Odysight.ai H1 Revenue Down 79% to $502K; Geopolitical Conflict Impacts

Odysight.ai Inc. reported a significant decline in its financial performance for the first half of 2026, with revenue dropping 79.3% to $502k and net loss increasing to $(9,505)k compared to the same period in 2025. The company also experienced increased cash burn from operating activities. These results were partly attributed to delays in customer orders and deliveries caused by the ongoing geopolitical conflict in the Middle East, which management warns could have a material adverse effect. Odysight.ai's accumulated deficit grew to $(72,514)k, and it anticipates needing additional funding to support future operations.