Flux Power Holdings, Inc. (FLUX) Form 8-K — Nov 3, 2026
Flux Power reported fiscal Q1 2027 revenue of $6.8 million, down nearly 49% from $13.2 million a year ago, with a net loss of $3.2 million ($0.15 per share) and negative adjusted EBITDA of $2.6 million. The balance sheet is under severe strain: stockholders' equity turned negative at -$431,000 and cash stood at just $0.4 million as of September 30, 2026, prompting the company to say it is evaluating financing alternatives and strategic partnerships. The release also discloses an event of default under its Gibraltar Business Capital credit facility and flags Nasdaq continued-listing compliance risk.
Key figures
- Revenue
- 6758000
- Guidance
- 2027 fiscal second quarter revenue of $7 million to $8 million
- Total Debt
- Line of credit $6,285,000 plus total liabilities of $23,974,000
- Revenue Yoy
- -48.7% ($6.8M vs $13.2M prior-year quarter)
- Total Assets
- 23543000
- Cash Position
- 409000
- Shares Outstanding
- 21636790
- Gross margin
- 24.8%
- Gross profit
- 1673000
- Non gaap net loss
- -2996000
- Operating expenses
- 4632000
- Operating expense yoy change
- -22%
AI analysis
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