Flux Power Holdings, Inc.
Business
Flux Power Holdings, Inc. designs, develops, manufactures, and sells lithium-ion energy storage solutions for material handling equipment and airport ground support equipment. The company offers modular, scalable battery packs paired with proprietary wireless battery management systems and telemetry solutions branded SkyBMS. Products serve industrial and commercial customers including OEMs, dealers, distributors, and end users across North America, competing against both legacy lead-acid manufacturers and newer lithium-ion entrants.
Summary from 10-K filed 2025-09-17
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 |
|---|---|---|---|---|---|---|
| Revenues | 66 | 61 | 66 | 42 | 26 | |
| Cost of sales | 45 | 44 | 51 | 37 | 20 | |
| Gross profit | 22 | 17 | 16 | 6 | 6 | |
| Selling and administrative | 22 | 19 | 18 | 16 | 13 | |
| Research and development | 4 | 5 | 5 | 6 | 7 | |
| Total operating expenses | 27 | 24 | 22 | 22 | 19 | |
| Operating loss | −5 | −7 | −6 | −16 | −13 | |
| Interest income (expense), net | −2 | −2 | −1 | −252,000 | — | |
| Net loss | −7 | −8 | −8 | −16 | −13 | |
| Net loss per share - basic | −0.4 | −0.5 | −0.48 | −1.07 | −1.08 | |
| Net loss per share - diluted | −0.4 | −0.5 | −0.48 | −1.07 | — | |
| Weighted average number of common shares outstanding - basic | 17 | 17 | 16 | 15 | 12 | |
| Weighted average number of common shares outstanding - diluted | 17 | 17 | 16 | 15 | — |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-06-30 | FY 2025 2025-03-31 | FY 2024 2024-06-30 | FY 2024 2024-03-31 | FY 2023 2023-12-31 |
|---|---|---|---|---|---|---|
| Cash | 1 | — | 600,000 | 1 | 2 | |
| Accounts receivable, net of allowance for credit losses of $68,000 and $55,000 at June 30, 2025 and 2024, respectively | 11 | — | 10 | 10 | 13 | |
| Inventories, net | 17 | — | 17 | 17 | 16 | |
| Other current assets | 2 | — | 945,000 | — | — | |
| Total current assets | 32 | — | 28 | 30 | 31 | |
| Right of use assets, net | 1 | — | 2 | 2 | 2 | |
| Property, plant and equipment, net | 2 | — | 2 | 2 | 2 | |
| Other assets | 119,000 | — | 118,000 | 118,000 | 119,000 | |
| Total assets | 35 | — | 32 | 34 | 35 | |
| Accounts payable | 16 | — | 11 | 11 | 10 | |
| Accrued expenses | 7 | — | 4 | 4 | 3 | |
| Line of credit | 14 | — | 14 | 14 | 14 | |
| Subordinated debt | 1 | — | — | — | — | |
| Deferred revenue | 459,000 | — | 485,000 | 343,000 | 310,000 | |
| Customer deposits | 38,000 | — | 18,000 | 18,000 | 232,000 | |
| Finance leases payable, current portion | 80,000 | — | 156,000 | 153,000 | 150,000 | |
| Office leases payable, current portion | 815,000 | — | 734,000 | 712,000 | 689,000 | |
| Accrued interest | 246,000 | — | 126,000 | 136,000 | 130,000 | |
| Total current liabilities | 40 | — | 31 | 30 | 29 | |
| Finance leases payable, less current portion | 32,000 | — | 112,000 | 153,000 | 191,000 | |
| Office leases payable, less current portion | 506,000 | — | 1 | 2 | 2 | |
| Total liabilities | 40 | — | 32 | 32 | 31 | |
| Commitments and contingencies (Note 12) | — | — | — | — | — | |
| Preferred stock, $0.001 par value; 500,000 shares authorized; none issued and outstanding | — | — | — | — | — | |
| Common stock, $0.001 par value; 75,000,000 and 30,000,000 authorized at June 30, 2025 and 2024, respectively; 16,835,698 and 16,682,465 shares issued and outstanding at June 30, 2025 and 2024, respectively | 17,000 | — | 17,000 | 17,000 | 17,000 | |
| Additional paid-in capital | 101 | — | 100 | 100 | 99 | |
| Accumulated deficit | −106 | 4 | −100 | −97 | −94 | |
| Total stockholders equity (deficit) | −5 | — | 194,000 | 2 | 4 | |
| Total liabilities and stockholders equity (deficit) | 35 | — | 32 | 34 | 35 |
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 |
|---|---|---|---|---|---|---|
| Depreciation and amortization | 1 | 1 | — | — | — | |
| Stock-based compensation | 979,000 | 2 | 798,000 | 711,000 | 797,000 | |
| Amortization of debt issuance costs | 164,000 | 230,000 | 482,000 | — | 547,000 | |
| Non-cash lease expense | 667,000 | 606,000 | 512,000 | 438,000 | 400,000 | |
| Inventory write downs | 534,000 | 490,000 | 690,000 | 665,000 | −195,000 | |
| Accounts receivable | −2 | −973,000 | −191,000 | −3 | −3 | |
| Inventories | −788,000 | −1 | −2 | −6 | −5 | |
| Other assets | −1 | −163,000 | −170,000 | −549,000 | — | |
| Accounts payable | 5 | 2 | 3 | −530,000 | 3 | |
| Accrued expenses | 3 | 745,000 | 972,000 | −374,000 | 1 | |
| Accrued interest | 120,000 | 124,000 | −32,000 | 139,000 | −38,000 | |
| Office leases payable | −734,000 | −644,000 | 1,000 | −1,000 | — | |
| Deferred revenue | −26,000 | 354,000 | −518,000 | −436,000 | −1 | |
| Customer deposits | 20,000 | −64,000 | −93,000 | 4,000 | — | |
| Net cash provided by (used in) operating activities | 600,000 | −5 | −4 | −24 | −18 | |
| Purchases of equipment | −653,000 | −853,000 | −1 | −797,000 | −1 | |
| Net cash used in investing activities | −653,000 | −853,000 | −1 | −797,000 | −1 | |
| Proceeds from employee stock purchase plan exercises | 97,000 | 141,000 | — | — | — | |
| Proceeds from subordinated debt borrowing | 1 | — | — | — | — | |
| Proceeds from revolving line of credit | 64 | 67 | 63 | 8 | 700,000 | |
| Payment of revolving line of credit | −65 | −63 | −58 | −4 | — | |
| Payment of finance leases | −156,000 | −148,000 | −87,000 | — | −28,000 | |
| Net cash provided by financing activities | 734,000 | 4 | 6 | 20 | 23 | |
| Net change in cash | 691,000 | −2 | 2 | −4 | 4 | |
| Common stock issued for vested RSUs | 161,000 | 538,000 | 417,000 | 21,000 | — | |
| Warrants issued in connection with borrowing agreements, recorded as debt issuance cost | — | 92,000 | — | 253,000 | — | |
| Interest paid | 1 | 1 | 1 | 151,000 | 59,000 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Flux Power Holdings, Inc.'s CIK number?
Flux Power Holdings, Inc.'s SEC CIK number is 0001083743 (1083743). 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 Flux Power Holdings, Inc.'s SEC filings?
All of Flux Power Holdings, Inc.'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 Flux Power Holdings, Inc. last report earnings?
Flux Power Holdings, Inc. (FLUX) most recently filed an earnings 8-K with the SEC on May 7, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001493152-26-021717). This is Flux Power Holdings, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Flux Power Holdings, Inc.'s most recent earnings 8-K?
Flux Power Holdings, Inc.'s latest earnings 8-K (Item 2.02) was filed May 7, 2026 under accession 0001493152-26-021717. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Flux Power Holdings, Inc.'s latest earnings 8-K →
Look up any company's CIK number →