Nextech3D.ai Signs Three-Year Enterprise 3D Modeling and Augmented Reality E-Commerce Contract Valued at Approximately $175,000

Executive Summary

• Nextech3D.ai signed a three‑year subscription agreement for its ARitize3D platform valued at approximately $175,000.
• The contract covers 2,500 SKUs, providing 3D product modeling, AR e‑commerce visualization, hosting and integration services.
• Payments are structured at roughly $58,000 per year over the term, with gross profit margins estimated at ~95% for these services.

Key Details

• Contract Value: ~ $175,000 total for a three‑year period.
• Scope of Services: 3D product modeling, AR visualization, platform hosting, and e‑commerce integration for ~2,500 SKUs.
• Payment Schedule: Approximately $58,000 payable each year (annual installments).
• Margin Expectation: Management estimates gross profit margins of about 95% on ARitize3D services, subject to variation by production scope and SKU volume.
• Revenue Recognition: Revenue from the agreement will be recognized in accordance with the company’s existing revenue recognition policies.
• Strategic Context: While the primary focus remains AI‑powered event technology (Eventdex, Map D, Krafty Labs), the ARitize3D subscription adds a recurring revenue stream to the 3D modeling and AR e‑commerce segment.

Notable Quotes

“This agreement reflects continued demand for 3D product visualization and augmented reality technologies in the global e‑commerce sector,” said Evan Gappelberg, CEO.
“While our primary focus remains on scaling our AI‑powered event technology platforms, our 3D modeling and AR e‑commerce solutions continue to generate additional revenue through subscription‑based platform services.”

Materiality Assessment

• Non-Material – Positive – The agreement provides modest incremental revenue and demonstrates market traction for the ARitize3D platform but is not expected to materially impact overall financial results.