{
  "docId": "019dd923-622c-750b-8b98-b3c9cb9378c3",
  "docSlug": "8ac2fd285d6b",
  "documentTitle": "Axon Enterprise (formerly TASER) (AAXN)",
  "authorId": "54_Spruce_Point_Capital",
  "authorName": null,
  "documentKindSlug": "activist-deck",
  "documentKindLabel": "Activist deck",
  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2019-06-19 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.3333334,
  "pageNumber": 34,
  "pageCount": 72,
  "prevPage": 33,
  "nextPage": 35,
  "slideType": "expose_contradiction",
  "function": "expose_contradiction",
  "density": "dense",
  "nDataPoints": 0,
  "notes": "Uses red arrows to highlight specific text in email screenshots.",
  "elementsJson": [
    "headline_text",
    "paragraph",
    "screenshot",
    "footnote"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-622c-750b-8b98-b3c9cb9378c3/34",
  "deckHref": "/decks/019dd923-622c-750b-8b98-b3c9cb9378c3",
  "deckJsonHref": "/decks/019dd923-622c-750b-8b98-b3c9cb9378c3.json",
  "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-b3c9cb9378c3#slide-34",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "These facts call into question what is its real “stand-alone” value as claimed by Axon for revenue recognition purposes, when its utility is constrained.",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd953-1ac2-71b6-bf45-e7236e1e0fd9",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.25,
        "w": 0.7,
        "x": 0.15,
        "y": 0.38
      },
      "kind": "image",
      "text": "Email screenshot 1",
      "attrs": null,
      "subkind": "screenshot",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "117e334f-7097-4d61-a893-60a1995a700e",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.7,
        "x": 0.15,
        "y": 0.75
      },
      "kind": "image",
      "text": "Email screenshot 2",
      "attrs": null,
      "subkind": "screenshot",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "cb902ecf-a92a-4546-ba19-04584ef62b93",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.18,
        "w": 0.96,
        "x": 0.02,
        "y": 0.17
      },
      "kind": "paragraph",
      "text": "When asked about the Body Cam's functionality, Axon's technical support representative says that Evidence SYNC software is necessary to connect Axon devices via a USB connection.(1) Axon software is necessary to operate the device in real-time, and to connect it with another cloud or software provider, the user has to go offline and use the Axon Sync software to download the content to the computer, for upload to a competitors solution. Therefore, the Axon device has constrained operability with other solutions. These facts call into question what is its real \"stand-alone\" value as claimed by Axon for revenue recognition purposes, when its utility is constrained. We spoke with a top 10 customer and former Taser product sales executive. Both agreed it would be unlikely to purchase the hardware without the software.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "2974f06f-9026-4e57-9d20-37fa7fd74145",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "quote",
      "text": "You are required to use the Evidence SYNC software which reads the Axon devices via a USB connection. — Justin Taylor, Technical Support Representative",
      "attrs": null,
      "subkind": null,
      "toolName": "Authority citation",
      "toolSlug": "authority-citation",
      "confidence": null,
      "componentId": "019dd953-1ac2-71b6-bf45-e9b0b67e5942",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.15,
        "x": 0.02,
        "y": 0.95
      },
      "kind": "source-note",
      "text": "1. Axon Evidence Sync",
      "attrs": {
        "numbered": true
      },
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "417ce959-eb93-402b-8adf-f0162c3aa167",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.12,
        "w": 0.68,
        "x": 0.28,
        "y": 0.02
      },
      "kind": "title",
      "text": "Documentary Proof That Axon's Body Camera Has Limited \"Stand-Alone\" Value",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "1f575bf1-0e75-483e-aeaa-39cf8ac15478",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [
    {
      "name": "ceo-quote-contradiction",
      "slug": null,
      "matchId": "6a073d82-b634-49c9-94f8-9c0cba9774b6",
      "evidence": "Contradicts company claims of 'stand-alone' value using direct support emails.",
      "confidence": 0.9
    }
  ],
  "arcBeats": [
    {
      "to": 40,
      "from": 21,
      "beatId": "ea2ca066-8305-4a4e-90dd-d5c3eaba328f",
      "arcName": "Overcoming the Monster",
      "arcSlug": "overcoming-monster",
      "beatName": "The Struggle",
      "beatSlug": null,
      "evidence": "The report details the struggles facing Axon Enterprises, including poor accounting practices, dependence on China, and allegations of police briberies",
      "position": 2,
      "confidence": 0.8,
      "parentBeatName": null,
      "parentBeatSlug": null
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}