ROC — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-08-13

• On June 23, 2026, we entered into a Purchase Agreement to acquire 100% of the equity interests of Zuccaro Technical Consulting LLC (“ZTC”), a provider of digital forensics services that complements our ROC Evidence product line. Consideration consists of $500,000 in cash payable at closing, subject …

• Execution of Indemnification Agreements by Directors and Executive Officers of the Company

• On August 11, 2026, each of the Company's directors and executive officers entered into an indemnification agreement with the Company (each, an "Indemnification Agreement"). Each Indemnification Agreement provides that the Company will indemnify the director or officer party thereto against expenses…

• Each Indemnification Agreement also provides for the advancement of expenses to the director or officer in connection with a covered proceeding, subject to the terms of the agreement. The Company's indemnification obligations under each Indemnification Agreement are not exclusive of any other indemn…

• Comparison of the three and six months ended June 30, 2026 and 2025

Text removed vs the prior filing · source: 10-Q · 2026-05-15

• Comparison of the three months ended March 31, 2026 and 2025

• We define Product Revenue as the aggregate revenue recognized from our four commercial software product lines: ROC SDK, ROC Watch, ROC ABIS, and ROC Enroll. Product Revenue is derived directly from amounts presented in our consolidated statements of operations and excludes revenue from research and …

• Revenue decreased by $624,880, or 20%, for the three months ended March 31, 2026, compared to the three months ended March 31, 2025.

• Product revenues declined by $113,968, or 5%, compared to the prior year quarter, primarily reflecting lower revenues from ROC SDK and ROC Enroll, partially offset by growth in ROC Watch and ROC ABIS. R&D contract revenue decreased by $510,912, or 69%, primarily attributable to the completion of a s…

• The pace of new contract awards and customer order placement during the quarter was also affected by lingering effects of the U.S. federal government funding lapse that occurred during the period from October 1, 2025 through November 12, 2025. Although the funding lapse ended prior to the start of t…

Text added vs the prior filing · source: 10-Q · 2026-08-13

• In March 2026, Eye Corp IT Solutions LLC filed a claim in the High Court of England and Wales (Case No. CL-2026-000062) that named Rank One Computing Corporation and certain other defendants. For a description of our material pending legal proceedings, see Note 7, Commitments and Contingencies, to o…

• Other than as described in Note 7, we are not currently a party to any legal proceedings the outcome of which we believe would have a material adverse effect on our business, financial condition or results of operations. From time to time, we may become involved in legal proceedings and claims arisi…

Text removed vs the prior filing · source: 10-Q · 2026-05-15

• In March 2026, Eye Corp IT Solutions LLC filed a claim in the High Court of England and Wales (Case No. CL-2026-000062) that named Rank One Computing Corporation and certain other defendants. The claim generally seeks damages and other relief related to commercial dealings with the plaintiff. The Co…

• The Company is currently not involved in any other litigation. Other than as discussed above, there is no action, suit, proceeding, inquiry or investigation before or by any court, public board, government agency, self-regulatory organization or body pending or, to the knowledge of the executive off…

• From time to time, we may become involved in legal proceedings and claims that arise in the ordinary course of business. The outcome of litigation is inherently uncertain. An unfavorable resolution of one or more proceedings could materially impact our future business, operating results, or financia…

Text added vs the prior filing · source: 10-Q · 2026-08-13

• There have been no material changes to the risk factors disclosed in Part I, Item 1A of our Annual Report on Form 10-K for the year ended December 31, 2025, other than as set forth below.

• Our pending acquisition of Zuccaro Technical Consulting, LLC ("ZTC") may not be completed or may be delayed, and we will incur significant costs whether or not the acquisition is completed.

• On June 23, 2026 we entered into a Purchase Agreement to acquire ZTC. Closing is subject to conditions we do not fully control, including receipt of required regulatory approvals and third-party consents, execution of employment agreements with key personnel, and completion of an audit of ZTC's 2024…

• The ZTC acquisition may not deliver the benefits we expect, will dilute our existing stockholders, and will reduce our reported operating results.

• We have limited experience acquiring and integrating other businesses. Although members of our management team may have participated in acquisitions at other organizations, we have not previously completed one as a company. Integrating ZTC will require significant management attention and resources …

Text removed vs the prior filing · source: 10-Q · 2026-05-15

• In addition to the information set forth in this quarterly report, you should carefully consider the risk factors disclosed under the heading “Risk Factors” in Part I, Item 1A of the Annual Report. There have been no material changes to our risk factors from those included in the Annual Report.