Recent company developments include reporting 2023 Q2 financial results, completing proof of concept and signing a SaaS contract with a Northeast CNC component manufacturer, onboarding new advisors to accelerate growth in the biotech-pharma Industry 4.0 vertical, and securing contract extensions for bridge monitoring with a major Northeast state's Department of Transportation.

• IIOT-OXYS, Inc. reported 2023 Form 10-Q second quarter results and announced an upcoming investor conference call [N7].
• The company announced successful completion of a proof of concept and signed a SaaS contract with a Northeast CNC component manufacturer [N8].
• IIOT-OXYS onboarded a new advisor to accelerate the biotech-pharma Industry 4.0 business vertical [N8].
• The company won another contract extension from a major Northeast state's Department of Transportation for bridge monitoring [N8].

The company's focus on edge computing with advanced AI algorithms addresses a growing need for real-time, localized data processing in industrial and infrastructure sectors. Its proprietary insights as a service and reconfigurable hardware/software platform offer flexibility to diverse customer needs. Successful contract wins and proof of concept completions demonstrate market interest and potential for scaling. Strategic partnerships and advisor additions in biotech-pharma verticals may open new growth avenues. The company's approach could provide operational improvements and cost savings for customers, supporting adoption [S1][N8].

IIOT-OXYS remains largely pre-revenue with limited ability to raise funds, resulting in ongoing net losses and constrained liquidity. The company has a very small full-time workforce and relies heavily on contractors, which may limit execution capacity. Competition from large cloud-centric companies and specialized startups is intense, with greater resources and market presence. The company's current financial position shows a significant imbalance between current liabilities and assets, indicating liquidity risk. Failure to secure adequate capital could impair operations and growth prospects [S1][S2].

IIOT-OXYS differentiates itself by focusing on edge computing from inception, rather than adapting cloud-centric solutions to edge devices. Its use of open-source tools combined with proprietary algorithms allows rapid development tailored to customer needs. The company's advanced AI algorithms developed independently and with partners provide actionable insights locally, reducing latency and bandwidth needs compared to cloud-only solutions. This approach targets operational efficiency and risk minimization in critical industrial and infrastructure applications. However, the company faces competition from large established cloud providers and specialized startups, and its small scale and limited resources may constrain its ability to compete effectively [S1].

• Liquidity and Going Concern Risk: The company has a current ratio and cash ratio of 0 as of 2026-03-31, with current liabilities significantly exceeding current assets, indicating liquidity constraints and potential going concern issues if additional capital is not obtained.
• Limited Revenue and Funding Constraints: IIOT-OXYS has had limited revenues since inception and faces challenges in raising funds, which restricts its ability to grow and invest in product development and marketing.
• Competitive Pressure: The company competes against large cloud-centric firms transitioning to edge computing and specialized startups with potentially greater resources and market reach.
• Small Workforce and Operational Capacity: With only one full-time employee as of May 2026 and reliance on contractors, the company may face challenges in scaling operations and executing its business plan effectively.

• IIOT-OXYS, Inc. is a Nevada corporation focused on designing, building, testing, and selling edge computing systems for the Industrial Internet of Things (IIoT).
• The company was originally incorporated in 2003 under a different name and changed to IIOT-OXYS, Inc. in 2017 after acquiring OXYS Corporation.
• IIOT-OXYS develops hardware, software, and algorithms that monitor, measure, and predict conditions for energy, structural, agricultural, and medical applications using domain-specific artificial intelligence.
• Their solutions focus on edge computing, processing data locally where it is collected, complemented by advanced cloud-based machine learning and AI algorithms.
• They use off-the-shelf components with reconfigurable hardware architecture and open-source software tools to create proprietary content, reducing development time and cost.
• The company provides advanced algorithms and insights as a service to improve asset reliability, machine uptime, utilization, energy consumption, and quality.
• Their products are minimally invasive, do not interfere with command and control of critical equipment or machine control networks, aiming to minimize risk.
• IIOT-OXYS serves markets including smart manufacturing (medical devices, biotech, pharmaceutical supply chain) and smart infrastructure (e.g., bridge monitoring for local, state, and federal agencies).
• The company has two wholly owned subsidiaries: OXYS Corporation and HereLab, Inc. (the latter is immaterial to operations).
• As of May 11, 2026, IIOT-OXYS had one full-time employee including the CEO; all other services are provided by outside contractors.
• Marketing and sales efforts include leveraging partner channels, direct business development by management, and participation in trade shows and technical meetings.
• Competition includes large cloud-computing centric companies (Siemens, PTC, IBM, GE, Amazon, Google) transitioning to edge computing, and startups focused on edge computing such as FogHorn Systems, Tulip Interfaces, and MachineSense.
• The company does not currently require governmental approvals or is regulated by environmental laws for its products or services.
• Research and development efforts are conducted with partners and have generated significant customer interest across multiple verticals including industrial, automotive, aerospace, agricultural, infrastructure, and power generation.
• Financial snapshot as of 2026-03-31 shows cash and equivalents of $6,838, current assets of $6,838, and current liabilities of $2,660,723, resulting in a current ratio and cash ratio of 0.
• Revenue reported for the period ending 2026-03-31 was $0, with a net loss of $226,162 and basic and diluted EPS of $0.
• The company has reported limited revenues since late 2017 and remains largely pre-revenue with limited ability to grow due to funding constraints.
• Recent developments include reporting 2023 Q2 results and upcoming investor conference call, successful completion of proof of concept and signing SaaS contract with a Northeast CNC component manufacturer, onboarding new advisors to accelerate biotech-pharma Industry 4.0 vertical, and contract extensions for bridge monitoring with a major Northeast state's Department of Transportation.
• The company has disclosed employment agreements with CEO and COO with salary terms linked to cumulative sales milestones and stock incentive plans.
• The company has convertible notes payable and derivative liabilities as part of its capital structure.
• Liquidity and capital resources disclosures indicate reliance on additional borrowings and/or equity sales to meet obligations, with risks related to going concern if adequate capital is not obtained.