Exyn Technologies (EXYN) investor relations material

Company overview and business model

• Specializes in fully autonomous robotics and AI for GPS-denied, hazardous environments, serving mining, construction, infrastructure, and defense sectors.

• Offers hardware-agnostic autonomy software (ExynAI) and modular mapping payloads (Nexys), enabling real-time 3D mapping and autonomous navigation.

• Revenue streams include hardware-enabled software sales, software licensing, service contracts, and OEM integrations.

• Solutions are validated globally, with deployments in 27 countries and over 1,000 autonomous flights per month.

Financial performance and metrics

• 2025 revenue: $5.8M (up 4.4% YoY); gross profit: $2.1M (up 6.8% YoY); net loss: $12.2M (improved from $12.8M in 2024).

• Q1 2026 revenue: $1.19M (down 2.3% YoY); gross profit: $0.5M (up 16% YoY); net loss: $3.2M (up 25.6% YoY).

• Cash and cash equivalents as of March 31, 2026: $1.1M; total indebtedness: $8.1M.

• Accumulated deficit as of March 31, 2026: $79.2M; company has a history of operating losses and negative cash flows.

• Going concern risk disclosed; current cash not sufficient for next 12 months; additional capital needed.

Use of proceeds and capital allocation

• No proceeds to the company from this offering; all net proceeds go to selling stockholders.

• Company intends to use IPO proceeds (from prior offering) and cash to fund growth strategies and operations over the next year.

• Capital allocation priorities: R&D, scaling sales/marketing, manufacturing, and potential strategic acquisitions.