The company is characterized by a balanced mix of project-based revenue and steady recurring revenue from software and data subscriptions, with multi-year government contracts providing a stable revenue foundation while subscription services offer scalability and predictable cash flows. Commercial revenue, which is recurring or repeating, represented 60% of total revenue in 2025, compared with 32% in 2024.
Cyborg Score Rationale
The company's commercial business grew meaningfully year over year, driven by expansion in insurance analytics and enterprise data solutions. However, for full year 2025, operating loss was $6.9 million, reflecting lower revenue due to program timing and continued investment in personnel, product development and commercial expansion. Strong government contracts provide stability against losses.
Top Insights
Commercial revenue shifted from 32% in 2024 to 60% of total revenue in 2025, signaling successful transition to recurring revenue model
Insurance business started 2025 with strong growth, with year-to-date awards surpassing $1.1 million from new client subscriptions and multiple renewals (March 2025)
Selected with CACI, Inc. by the National Geospatial-Intelligence Agency as qualified vendor for program with total project value up to $290 million over five years
Offers InsitePro insurance underwriting software and NEXTView data solution for airborne safety
Named Competitors
ArcGIS — GIS mapping and spatial analytics
Google Earth — 3D mapping and geospatial visualization
MAXAR Solutions — Geospatial intelligence and satellite imagery
Recent Developments
(March 2025) Insurance business awards surpass $1.1 million with new strategic partnerships
(2025) Commercial revenue grew to 60% of total revenue from 32% in 2024
(2025) Net loss of $6.7 million due to Indonesia program timing and continued investments
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