Baiyang Wang

[Baiyang Wang @NJCMLAB]

@MinotaurStocks Thank you. I only read transcripts from Seeking Alpha. It was in that transcript.

[Baiyang Wang @NJCMLAB]

@MinotaurStocks Thank you always!

[Baiyang Wang @NJCMLAB]

@MinotaurStocks Thank you for the detailed explanations. ALLT did say 'The (multimillion $ SMART) deals include a long-term recurring maintenance and support component'. The coming Q2 report should clarify SMART growth or lack of. The SMART, being 70% of business, affect short-term stock trend.

[Baiyang Wang @NJCMLAB]

@MinotaurStocks I am lucky to have you as a key source of my investment information. I am Biorexis on Seeking Alpha. ALLT is my largest holding after following Eric Singer into it. I increased this holding dramatically by following Thor25 in Value Investors Club.

[Baiyang Wang @NJCMLAB]

@MinotaurStocks Thank you for the detailed explanations!

[Baiyang Wang @NJCMLAB]

@MinotaurStocks "back half weighting" - How to understand this on the SECaaS revenue? I think that the only way to have less SECaaS revenue in Q1/2026 vs. Q4/2025 is to have less newly added subscriber than lost existing subscriber in Q1.

[Baiyang Wang @NJCMLAB]

@MinotaurStocks The answer to this question about Vodafone is quite puzzling. The new SECaaS with Vodafone is on "new Security platform" vs. one time payment on the "old Security platform"; and now coming to full capacity. How large would be Vodafone ARR?

[Baiyang Wang @NJCMLAB]

@MinotaurStocks @RiderMuman The thesis sounds indeed very exciting, but the $ is relative small. With 47.2 M share outstanding, it takes $4.7 M net income to make $0.1/share per Q. Then we could realistically hope to have ALLT at $10-12 range with PE at 25-30. This maybe be achieved around Q2/2026.

[Baiyang Wang @NJCMLAB]

@MinotaurStocks Without Verizon Business Mobile, the SECaaS would likely be around 5.5 M, so it looks like Verizon Business Mobile contributed about 0.8 M in Q2 in 2 months (formally launched in Mid April). ALLT's share of MyBiz probably on the lower end of your projections ($0.25/month).

[Baiyang Wang @NJCMLAB]

@MinotaurStocks Vondofone's UK full fiber broadband Pro 3 plan launched in June also includes Secure Net Home, which provides hassle-free security and advanced parental controls on up to 128 devices in the home. This looks like from ALLT.

[Baiyang Wang @NJCMLAB]

@MinotaurStocks Very grateful that you are posting again! Always look forward to your comments and information.

[Baiyang Wang @NJCMLAB]

@MinotaurStocks @6df4e6d9972a44f If other CSP offers Allot security, then this feature won't change chum rate as this would not be a differentiator. It is likely Verizon would ask for exclusivity for a period of time. For this exclusivity, Allot might get a bit more than $0.20 profit sharing.

[Baiyang Wang @NJCMLAB]

@MinotaurStocks Thank you!