ASTROTECH Corp
Business
Astrotech Corporation commercializes proprietary mass spectrometry and gas chromatography technology through six wholly-owned subsidiaries. 1st Detect manufactures explosive and narcotic trace detectors for security; AgLAB develops cannabis analysis instruments; BreathTech creates breath-screening tools; Pro-Control applies technology to industrial process control; EN-SCAN manufactures environmental testing instruments; ATI licenses core intellectual property. The company sells portable analytical instruments for airports, borders, law enforcement, industrial facilities, and environmental applications across the United States, Europe, and Asia.
Summary from 10-K filed 2025-09-26
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-06-30 | FY 2024 2024-06-30 | FY 2023 2023-06-30 | FY 2022 2022-06-30 | FY 2021 2021-06-30 |
|---|---|---|---|---|---|---|
| Revenue | 1 | 2 | 750,000 | 869,000 | 334,000 | |
| Cost of revenue | 574,000 | 913,000 | 444,000 | 677,000 | 298,000 | |
| Gross profit | 475,000 | 751,000 | 306,000 | 192,000 | 36,000 | |
| Selling, general and administrative | 7 | 7 | 6 | 6 | 5 | |
| Research and development | 8 | 7 | 6 | 3 | 3 | |
| Total operating expenses | 15 | 14 | 11 | 9 | 8 | |
| Loss from operations | −15 | −13 | −11 | −9 | −8 | |
| Other income and expense, net | −886,000 | −2 | 1 | 265,000 | 235,000 | |
| Loss from operations before income taxes | −14 | −12 | −10 | −8 | −8 | |
| Income tax expense | −2,000 | −2,000 | 0 | 0 | 0 | |
| Net loss | −14 | −12 | −10 | −8 | −8 | |
| Basic and diluted (in shares) | 2 | 2 | 2 | 2 | 22 | |
| Net loss per common share (in dollars per share) | −8.32 | −7.12 | −5.95 | −5.24 | −0.35 | |
| Net unrealized gain | 313,000 | 276,000 | −254,000 | −1 | −23,000 | |
| Total comprehensive loss | −14 | −11 | −10 | −10 | −8 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-06-30 | FY 2024 2024-06-30 | FY 2023 2023-06-30 | FY 2022 2022-06-30 | FY 2021 2021-08-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 3 | 10 | 14 | 26 | — | |
| Short-term investments | 15 | 21 | 28 | 26 | — | |
| Accounts receivable | 485,000 | 77,000 | 225,000 | 56,000 | — | |
| Raw materials | 2 | 2 | 1 | 864,000 | — | |
| Work-in-process | 425,000 | 66,000 | 243,000 | 136,000 | — | |
| Finished goods | 310,000 | 370,000 | 373,000 | 518,000 | — | |
| Prepaid expenses and other current assets | 353,000 | 261,000 | 365,000 | 748,000 | — | |
| Total current assets | 22 | 35 | 45 | 55 | — | |
| Property, Plant and Equipment, Net | 2 | 3 | 3 | 1 | — | |
| Intangible assets, net | 48,000 | 0 | — | — | — | |
| Operating lease assets | 2 | 119,000 | 262,000 | 162,000 | — | |
| Other assets, net | 346,000 | 30,000 | 30,000 | 11,000 | — | |
| Total assets | 27 | 38 | 48 | 56 | — | |
| Accounts payable | 1 | 373,000 | 546,000 | 169,000 | — | |
| Payroll related accruals | 529,000 | 1 | 633,000 | 816,000 | — | |
| Accrued expenses and other liabilities | 451,000 | 754,000 | 1 | 961,000 | — | |
| Operating and Finance Leases, Liability, Current | 405,000 | 227,000 | 316,000 | 234,000 | — | |
| Total current liabilities | 2 | 3 | 3 | 3 | — | |
| Accrued expenses and other liabilities, net of current portion | 164,000 | 232,000 | 0 | — | — | |
| Operating and Finance Leases, Liability, Noncurrent | 2 | 73,000 | 291,000 | 303,000 | — | |
| Total liabilities | 5 | 3 | 3 | 3 | — | |
| Commitments and contingencies (Note 13) | — | — | — | — | — | |
| Convertible preferred stock, $0.001 par value, 2,500,000 shares authorized; 280,898 shares of Series D issued and outstanding at June 30, 2025 and 2024, respectively | 0 | 0 | 0 | 0 | — | |
| Common stock, $0.001 par value, 250,000,000 shares authorized at June 30, 2025 and 2024 respectively; 1,769,269 and 1,712,045 shares issued at June 30, 2025 and 2024 respectively; 1,758,953 and 1,701,729 shares outstanding at June 30, 2025 and 2024, respectively | 191 | 191 | 191 | 191 | — | |
| Treasury shares, 10,316 shares at June 30, 2025 and 2024, respectively | −119,000 | −119,000 | −119,000 | 0 | — | |
| Additional paid-in capital | 83 | 82 | 81 | 80 | — | |
| Accumulated deficit | −251 | −237 | −225 | −216 | — | |
| Accumulated other comprehensive loss | −864,000 | −1 | −1 | −1 | — | |
| Total stockholders equity | 22 | 35 | 45 | 53 | 3 | |
| Total liabilities and stockholders equity | 27 | 38 | 48 | 56 | — |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-06-30 | FY 2024 2024-06-30 | FY 2023 2023-06-30 | FY 2022 2022-06-30 | FY 2021 2021-06-30 |
|---|---|---|---|---|---|---|
| Stock-based compensation | 830,000 | 1 | 1 | 2 | 626,000 | |
| Depreciation | 962,000 | 731,000 | 366,000 | 148,000 | — | |
| Amortization of operating lease right-of-use assets | 194,000 | 143,000 | 123,000 | 88,000 | — | |
| Interest on financing leases | 5,000 | 13,000 | 15,000 | 13,000 | — | |
| Loss on disposal of asset | 294,000 | 0 | 25,000 | 0 | — | |
| Accounts receivable | −408,000 | 148,000 | −169,000 | −51,000 | 96,000 | |
| Inventory, net | −455,000 | −479,000 | −477,000 | −18,000 | −824,000 | |
| Accounts payable | 693,000 | −173,000 | 377,000 | −227,000 | 157,000 | |
| Other assets and liabilities | −1 | 246,000 | 390,000 | 138,000 | −113,000 | |
| Income taxes payable | 0 | 1,000 | −2,000 | 0 | — | |
| Repayment of financing liability in connection with internal-use software | 0 | −14,000 | — | — | — | |
| Operating lease liabilities | 170,000 | −153,000 | −130,000 | −86,000 | — | |
| Net cash used in operating activities | −13 | −10 | −8 | −7 | −7 | |
| Purchases of property and equipment | −833,000 | −579,000 | −2 | −596,000 | −211,000 | |
| Purchases of intangible assets | −50,000 | 0 | — | — | — | |
| Proceeds from short-term investments | 7 | 7 | 3 | — | — | |
| Net cash provided by (used in) investing activities | 6 | 6 | −4 | −596,000 | −28 | |
| Repayment of financing liability in connection with internal-use software | −91,000 | 0 | — | — | — | |
| Repayments on finance lease liabilities | −94,000 | −181,000 | −157,000 | −95,000 | −12,000 | |
| Net cash used in financing activities | −185,000 | −181,000 | −776,000 | −2 | 68 | |
| Net change in cash and cash equivalents | −7 | −4 | −12 | −9 | 33 | |
| Cash paid for interest | 11,000 | 26,000 | 69,000 | 515,000 | 3,000 | |
| Income taxes paid | 0 | 2,000 | 2,000 | 0 | 0 | |
| Operating right-of-use interest | 10,000 | 0 | — | — | — | |
| Finance lease expenditures incurred but not paid for as of the end of the period | 7,000 | 0 | — | — | — | |
| Acquisition of equipment/ software through financing lease | 0 | 245,000 | 119,000 | 394,000 | 0 | |
| Operating right-of-use assets | 2 | 0 | — | — | — | |
| Operating right-of-use associated liabilities | 3 | 0 | — | — | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is ASTROTECH Corp's CIK number?
ASTROTECH Corp's SEC CIK number is 0001001907 (1001907). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find ASTROTECH Corp's SEC filings?
All of ASTROTECH Corp's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did ASTROTECH Corp last report earnings?
ASTROTECH Corp (ASTC) most recently filed an earnings 8-K with the SEC on May 13, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001437749-26-016540). This is ASTROTECH Corp's most recent earnings filing of record — not a forecast of its next earnings date.
What is ASTROTECH Corp's most recent earnings 8-K?
ASTROTECH Corp's latest earnings 8-K (Item 2.02) was filed May 13, 2026 under accession 0001437749-26-016540. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View ASTROTECH Corp's latest earnings 8-K →
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