Datable Technology Corporation announced that it signed an agreement for a one-year contract renewal (the "Agreement") on August 5, 2022, covering the period ending on July 8, 2023. Datable now has over $4 million in revenue under contracts for 2022 and future periods, of which approximately $3.5 million is expected to be recognized as revenue in 2022. This includes over $3.7 million in contracted revenues and close to $400,000 in expected program fees from customers.

Datable expects gross margin to be between 40% and 50% in 2022, depending on the product mix.