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Liberty Defense Holdings
(OTC:SCAN)
Liberty Defense Holdings (SCAN) vs. S&P 500 (SPY)
Liberty Defense Holdings Business Overview & Revenue Model
Liberty Defense Holdings Financial Statement Overview
| Breakdown | |||||
| TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 0.00 | 1.49M | 0.00 | 0.00 | 0.00 | 0.00 | Gross Profit |
| 0.00 | -1.22M | 0.00 | 0.00 | 0.00 | 0.00 | EBIT |
| -13.95M | -9.11M | -12.13M | -9.72M | -2.45M | -7.17M | EBITDA |
| -12.16M | -8.56M | -11.01M | -9.55M | -686.76K | -7.02M | Net Income Common Stockholders |
| -15.49M | -9.37M | -12.16M | -12.39M | -2.55M | -11.59M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 963.00 | 963.00 | 677.47K | 1.34M | 24.04K | 578.76K | Total Assets |
| 5.83M | 5.83M | 6.23M | 6.50M | 442.58K | 1.25M | Total Debt |
| 1.45M | 1.45M | 667.12K | 802.94K | 2.58M | 371.70K | Net Debt |
| 1.45M | 1.45M | -10.36K | -538.64K | 2.56M | -207.07K | Total Liabilities |
| 6.60M | 6.60M | 2.14M | 1.56M | 3.00M | 1.10M | Stockholders Equity |
| -764.46K | -764.46K | 4.09M | 4.94M | -2.56M | 147.67K |
| Cash Flow | Free Cash Flow | ||||
| -7.59M | -5.76M | -9.78M | -7.49M | -2.62M | -7.66M | Operating Cash Flow |
| -7.13M | -5.54M | -8.86M | -7.21M | -2.62M | -7.59M | Investing Cash Flow |
| -768.38K | -221.09K | -925.48K | -571.83K | -6.27K | -67.45K | Financing Cash Flow |
| 5.60M | 5.07M | 9.30M | 9.27M | 2.10M | 4.41M |
Liberty Defense Holdings Technical Analysis
Liberty Defense Holdings Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
63 Neutral | $4.14B | 11.23 | 5.47% | 215.40% | 4.10% | -8.63% | |
53 Neutral | $32.46M | ― | 216.65% | ― | 113.56% | 34.41% | |
51 Neutral | C$2.01M | ― | -46.19% | ― | -30.18% | -34.62% | |
45 Neutral | C$1.55M | ― | -158.04% | ― | 49.97% | 67.56% | |
36 Underperform | C$18.58M | ― | -504.69% | ― | ― | -133.58% |
Liberty Defense Holdings Corporate Events
Liberty Defense Holdings announced that Palm Springs International Airport has chosen its HEXWAVE system for employee screening, aligning with a recent TSA mandate requiring physical screening for airport workers. This selection highlights HEXWAVE’s advanced capabilities in detecting a wide range of threats, including those not detectable by standard metal detectors, enhancing security compliance at airports. Liberty Defense’s partnership with Veterans High Risk Security Solutions aims to capitalize on the growing demand for effective screening solutions across various airport sizes, positioning HEXWAVE as a leading choice for meeting TSA requirements nationwide.
Liberty Defense Holdings announced that it has received a formal waiver authorization approval from the FCC for its High-Definition Advanced Imaging Technology (HD-AIT) upgrade kit. This milestone supports the company’s efforts to commercialize its ultra-wideband imaging technology, potentially upgrading existing body scanners at US airports. This development aligns with ongoing support from the Transportation Security Administration and represents a significant step in enhancing security screening as passenger traffic increases.
Liberty Defense Holdings has appointed Bryan Cunningham as its new President, bringing his extensive experience in security and technology to the role. Cunningham’s background includes significant contributions to national security and technology firms, which positions him to enhance Liberty’s mission of advancing security through cutting-edge AI and detection technology. His appointment is expected to strengthen the company’s leadership and further its commitment to providing effective and non-intrusive security solutions.
Liberty Defense Holdings has successfully raised $2.97 million through the accelerated exercise of warrants, which were part of a private placement completed in December 2024. This move, resulting in the issuance of over 5.4 million common shares, strengthens the company’s financial position and supports its long-term strategic goals. The funds will be utilized to advance Liberty’s technology pipeline and improve performance across its offerings, bolstering its capacity to meet market demand and enhance its position in the security solutions industry.
Liberty Defense Holdings has announced that its HEXWAVE system was chosen for a critical trial with a major US strategic ally in the Middle East. This trial, co-sponsored by the Irregular Warfare Technical Support Directorate, aims to evaluate the system’s capabilities in detecting explosive threats, potentially impacting border security, checkpoints, and military applications. This move underscores Liberty’s commitment to expanding its technological reach and playing a significant role in international security solutions. Additionally, the company has granted 1,400,000 stock options to its directors and officers, further investing in its long-term growth and stability.
Liberty Defense Holdings is consolidating its common shares at a ratio of ten pre-consolidation shares for every one post-consolidation share, effective November 26, 2024. This move is aimed at increasing the company’s flexibility in seeking additional financing opportunities. Existing shareholders will receive new share certificates, while the company’s name and number of outstanding shares will remain largely unchanged.
Liberty Defense Holdings is implementing a transformation plan to streamline operations and attract investors amidst challenging capital market conditions. The company aims to scale its HEXWAVE technology and expand its role in the global security market, leveraging increased demand for security screening solutions.