Liberty Defense Updates Financial Statements with Key Amendments

Liberty Defense Holdings ( (TSE:SCAN) ) has shared an update.

Liberty Defense Holdings Ltd. has filed amended and restated unaudited condensed interim consolidated financial statements and management’s discussion and analysis for the periods ending September 30, 2024, and 2023. These amendments address several corrections, including fair value reallocations and royalty payments, which impact the company’s financial reporting. The adjustments reflect Liberty’s commitment to accurate financial disclosure, potentially affecting stakeholders’ perceptions and the company’s market positioning.

More about Liberty Defense Holdings

Liberty Defense Holdings Ltd. is a leading technology provider specializing in AI-based detection solutions for concealed weapons and threats. The company focuses on offering multi-technology security solutions in high-traffic areas and locations requiring enhanced security, such as airports, stadiums, and schools. Its flagship product, HEXWAVE, utilizes advanced 3D radar imaging technology licensed from MIT to provide discreet and scalable protection. Liberty Defense also includes millimeter wave-based body and shoe scanner technologies in its portfolio.

YTD Price Performance: 87.88%

Average Trading Volume: 84,081

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $47.72M

Learn more about SCAN stock on TipRanks’ Stock Analysis page.