Boxlight Corp
Business
Boxlight Corp is a technology company that develops, sells, and services interactive solutions for education, corporate, and government markets. It offers interactive flat-panel displays, LED video walls, classroom audio systems, STEM products, and integrated software suites for learning and collaboration. The company operates through multiple brands including Mimio, Clevertouch, and FrontRow, serving more than 70 countries through approximately 1,000 global reseller partners.
Summary from 10-K filed 2026-04-15
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Revenues, net | 109 | 136 | 177 | 222 | 185 | |
| Cost of revenues | 76 | 89 | 113 | 157 | 139 | |
| Gross profit | 34 | 47 | 63 | 65 | 47 | |
| General and administrative | 35 | 42 | 61 | 59 | 47 | |
| Depreciation and amortization | 10 | 21 | — | — | — | |
| Research and development | 4 | 4 | 3 | 2 | 2 | |
| Total operating expense | 50 | 66 | 90 | 62 | 49 | |
| Loss from operations | −16 | −19 | −26 | 3 | −3 | |
| Interest expense, net | −10 | −10 | −11 | — | — | |
| Other income (expense), net | 1 | −727,000 | −417,000 | −267,000 | −20,000 | |
| Loss on warrant issuance | −578,000 | 0 | — | — | — | |
| Change in fair value of common warrants | 1 | 0 | — | — | — | |
| Total other expense | −8 | −11 | −11 | −7 | −8 | |
| Loss before income taxes | −25 | −30 | −37 | −4 | −10 | |
| Income tax benefit | 920,000 | 2 | −2 | −49,000 | −3 | |
| Net loss | −24 | −28 | −39 | −4 | — | |
| Fixed dividends - Series B Preferred | −1 | −1 | −1 | −1 | −1 | |
| Net loss attributable to common stockholders - basic | −25 | −30 | −40 | −5 | −15 | |
| Net loss attributable to common stockholders - diluted | −25 | −30 | −40 | −5 | — | |
| Foreign currency translation adjustment | 2 | −1 | 2 | −5 | −1 | |
| Total comprehensive loss | −21 | −29 | −37 | −8 | −15 | |
| Net loss per common share basic (in dollars per share) | −39.74 | −90.69 | −21.38 | −0.58 | −0.23 | |
| Net loss per common share diluted (in dollars per share) | −39.74 | −90.69 | −21.38 | −0.58 | −0.23 | |
| Weighted average number of common shares outstanding basic (in shares) | 631,091 | 326,439 | 2 | 9 | 59 | |
| Weighted average number of common shares outstanding diluted (in shares) | 631,091 | 326,439 | 2 | 9 | 59 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 9 | 8 | 17 | 15 | 18 | |
| Accounts receivable trade, net of allowances of $1,055 and $394, respectively | 15 | 18 | 33 | 31 | 30 | |
| Inventories, net of reserves | 38 | 43 | 44 | 58 | 52 | |
| Prepaid expenses and other current assets | 7 | 9 | 10 | 7 | 9 | |
| Total current assets | 69 | 78 | 104 | 111 | 109 | |
| Property and equipment, net of accumulated depreciation | 2 | 2 | 2 | 2 | 1 | |
| Operating lease right of use asset | 7 | 8 | 9 | 4 | — | |
| Intangible assets, net of accumulated amortization | 17 | 26 | 46 | 53 | 66 | |
| Deferred tax assets, net | 1 | 0 | — | — | — | |
| Other assets | 734,000 | 790,000 | 906,000 | 397,000 | 248,000 | |
| Total assets | 98 | 115 | 162 | 195 | 201 | |
| Accounts payable and accrued expenses | 26 | 24 | 33 | 37 | 34 | |
| Short-term debt | 1 | 37 | 1 | 845,000 | 10 | |
| Operating lease liabilities, current | 2 | 2 | 2 | 2 | — | |
| Deferred revenues, current | 9 | 9 | 9 | 8 | 8 | |
| Other short-term liabilities | 4 | 5 | 5 | 386,000 | 667,000 | |
| Total current liabilities | 43 | 77 | 49 | 48 | 55 | |
| Deferred revenues, non-current | 15 | 15 | 16 | 16 | 14 | |
| Long-term debt | 33 | 0 | 39 | 44 | 42 | |
| Deferred tax liabilities, net | 0 | 901,000 | 4 | 5 | 8 | |
| Operating lease liabilities, non-current | 6 | 6 | 7 | 2 | — | |
| Other long-term liabilities | 60,000 | 165,000 | 0 | — | — | |
| Total liabilities | 96 | 100 | 117 | 115 | 120 | |
| Total mezzanine equity | 0 | 29 | 29 | 29 | 29 | |
| Common stock, $0.0001 par value, 4,166,667 and 625,000 shares authorized; 1,370,010 and 328,436 Class A shares issued and outstanding at December 31, 2025 and 2024, respectively | 0 | 0 | 0 | 1,000 | 6,000 | |
| Additional paid-in capital | 155 | 119 | 120 | 118 | 111 | |
| Accumulated deficit | −156 | −133 | −104 | −65 | −61 | |
| Accumulated other comprehensive income | 3 | 227,000 | 1 | −914,000 | 4 | |
| Total stockholders equity (deficit) | 1 | −13 | 17 | 52 | 53 | |
| Total liabilities and stockholders equity | 98 | 115 | 162 | 195 | 201 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Amortization of debt discount and issuance cost | 3 | 3 | 2 | 2 | — | |
| Bad debt expense | 23,000 | 213,000 | 9,000 | 266,000 | 425,000 | |
| Paid-in-kind interest on short-term debt | 150,000 | 240,000 | 0 | — | — | |
| Changes in deferred tax assets and liabilities | −2 | −3 | −347,000 | −4 | 788,000 | |
| Change in allowance for sales returns and volume rebate | −1 | −181,000 | 1 | 316,000 | 1 | |
| Change in inventory reserve | −1 | 631,000 | 2 | −68,000 | 250,000 | |
| Stock compensation expense | 269,000 | 1 | 3 | 3 | 4 | |
| Depreciation and amortization | 10 | 21 | 9 | 9 | — | |
| Loss on disposal of asset | 0 | 156,000 | 0 | — | — | |
| Change in right of use assets and lease liabilities | −344,000 | −24,000 | 249,000 | 8,000 | — | |
| Accounts receivable trade | 3 | 14 | 763,000 | −4 | −6 | |
| Inventories | 8 | −145,000 | 13 | −10 | −21 | |
| Prepaid expenses and other current assets | 2 | −861,000 | −2 | 2 | −2 | |
| Other assets | 70,000 | 111,000 | −498,000 | −161,000 | −158,000 | |
| Other short-term liabilities | −930,000 | 2 | 1 | 256,000 | 344,000 | |
| Other long-term liabilities | 0 | 165,000 | 0 | −312,000 | −1 | |
| Deferred revenues | −1 | −633,000 | 290,000 | 4 | 4 | |
| Other liabilities | 60,000 | 0 | — | — | — | |
| Net cash used in operating activities | −3 | −439,000 | 12 | 1 | −2 | |
| Purchases of furniture and fixtures, net | −102,000 | −506,000 | — | — | — | |
| Net cash used in investing activities | −102,000 | −506,000 | −1 | −1 | −34 | |
| Proceeds from issuances of short-term debt | 3 | 4 | 3 | 0 | 54 | |
| Principal payments on long-term debt | −6 | −6 | −7 | −11 | — | |
| Principal payments on short-term debt | −3 | −4 | −3 | 0 | −67 | |
| Payments of fixed dividends to Series B Preferred stockholders | 0 | −1 | −1 | −1 | −1 | |
| Proceeds from issuance of common stock and prefunded warrants, net of issuance costs | 6 | 0 | — | — | — | |
| Proceeds from exercise of warrants | 2 | 0 | — | — | — | |
| Proceeds from At-the-Market offering program | 658,000 | 0 | — | — | — | |
| Net cash provided by (used in) financing activities | 3 | −7 | −8 | −5 | 41 | |
| Effect of foreign currency exchange rates | 1 | −1 | 413,000 | 2 | −332,000 | |
| Net increase (decrease) in cash and cash equivalents | 1 | −9 | 3 | −3 | 4 | |
| Cash paid for income taxes | 1 | 3 | 3 | 2 | 1 | |
| Cash paid for interest | 6 | 7 | 8 | 8 | 1 | |
| Addition of operating lease liabilities | 125,000 | 681,000 | 6 | 0 | — | |
| Related party inventory financing | 4 | 0 | — | — | — | |
| Reclassification of warrant liabilities | 2 | 0 | — | — | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Boxlight Corp's CIK number?
Boxlight Corp's SEC CIK number is 0001624512 (1624512). 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 Boxlight Corp's SEC filings?
All of Boxlight 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 Boxlight Corp last report earnings?
Boxlight Corp (BOXL) most recently filed an earnings 8-K with the SEC on May 15, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001628280-26-035636). This is Boxlight Corp's most recent earnings filing of record — not a forecast of its next earnings date.
What is Boxlight Corp's most recent earnings 8-K?
Boxlight Corp's latest earnings 8-K (Item 2.02) was filed May 15, 2026 under accession 0001628280-26-035636. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Boxlight Corp's latest earnings 8-K →
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