Flux Power Holdings Inc. (FLUX) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
2685 S. MELROSE DRIVE VISTA, CA 92081 |
| State of Incorp. | NV |
| Fiscal Year End | June 30 |
| Industry (SIC) | 369 - Miscellaneous Electrical Machinery, Equipment, and Supplies (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 3/31/2024 Q3 | 12/31/2023 Q2 | 9/30/2023 Q1 | 6/30/2023 Q4 | 3/31/2023 Q3 | 12/31/2022 Q2 | 9/30/2022 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 1,584 | 1,139 | 2,379 | 790 | 157 | 306 | |||
| Cash and cash equivalents | 1,584 | 1,139 | 2,379 | 790 | 157 | 306 | |||
| Receivables | 12,579 | 10,699 | 8,649 | 9,853 | 10,467 | 11,596 | |||
| Inventory, net of allowances, customer advances and progress billings | 18,283 | 19,495 | 18,996 | 20,959 | 19,507 | 18,878 | |||
| Inventory | 18,283 | 19,495 | 18,996 | 20,959 | 19,507 | 18,878 | |||
| Other current assets | 942 | 1,053 | 918 | 775 | 884 | 1,308 | |||
| Total current assets: | 33,388 | 32,386 | 30,942 | 32,377 | 31,015 | 32,088 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 2,482 | 2,670 | 2,854 | 3,035 | 2,601 | 2,558 | |||
| Property, plant and equipment | 1,680 | 1,747 | 1,789 | 1,724 | 1,561 | 1,758 | |||
| Other noncurrent assets | 119 | 119 | 120 | 119 | 115 | 42 | |||
| Total noncurrent assets: | 4,281 | 4,536 | 4,763 | 4,878 | 4,277 | 4,358 | |||
| TOTAL ASSETS: | 37,669 | 36,922 | 35,705 | 37,255 | 35,292 | 36,446 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 13,311 | 13,847 | 12,916 | 13,431 | 15,095 | 16,560 | |||
| Interest and dividends payable | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 2 | ||
| Employee-related liabilities | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 825 | ||
| Accounts payable | 10,021 | 10,065 | 9,735 | 10,827 | 12,797 | 13,505 | |||
| Accrued liabilities | 3,290 | 3,782 | 3,181 | 2,604 | 2,298 | 2,228 | |||
| Deferred revenue | 310 | 336 | 131 | 81 | 347 | ||||
| Debt | 13,725 | 12,133 | 10,055 | 10,631 | 6,875 | 5,651 | |||
| Other undisclosed current liabilities | 1,051 | 786 | 728 | 754 | 572 | (279) | |||
| Total current liabilities: | 28,397 | 27,102 | 23,830 | 24,816 | 22,623 | 22,279 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 191 | 229 | 273 | 311 | 172 | 2,222 | |||
| Finance lease, liability | 191 | 229 | 273 | 311 | 172 | ||||
| Liabilities, other than long-term debt | 1,698 | 1,880 | 2,055 | 2,223 | 2,079 | ||||
| Operating lease, liability | 1,698 | 1,880 | 2,055 | 2,223 | 2,079 | 2,222 | |||
| Other undisclosed noncurrent liabilities | (2,167) | ||||||||
| Total noncurrent liabilities: | 1,889 | 2,109 | 2,328 | 2,534 | 2,251 | 2,277 | |||
| Total liabilities: | 30,286 | 29,211 | 26,158 | 27,350 | 24,874 | 24,556 | |||
| Equity | |||||||||
| Equity, attributable to parent | 7,383 | 7,711 | 9,547 | 9,905 | 10,418 | 11,890 | |||
| Common stock | 17 | 16 | 16 | 16 | 16 | 16 | |||
| Additional paid in capital | 98,847 | 98,362 | 98,086 | 96,968 | 96,036 | 95,827 | |||
| Accumulated deficit | (91,481) | (90,667) | (88,555) | (87,079) | (85,634) | (83,953) | |||
| Total equity: | 7,383 | 7,711 | 9,547 | 9,905 | 10,418 | 11,890 | |||
| TOTAL LIABILITIES AND EQUITY: | 37,669 | 36,922 | 35,705 | 37,255 | 35,292 | 36,446 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 3/31/2024 Q3 | 12/31/2023 Q2 | 9/30/2023 Q1 | 6/30/2023 Q4 | 3/31/2023 Q3 | 12/31/2022 Q2 | 9/30/2022 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 18,344 | 14,797 | 16,252 | 15,087 | 17,158 | 17,840 | ||
| Cost of revenue | (12,676) | (10,486) | (11,927) | (10,368) | (13,050) | (13,892) | ||
| Gross profit: | 5,668 | 4,311 | 4,325 | 4,719 | 4,108 | 3,948 | ||
| Operating expenses | (6,033) | (6,020) | (5,433) | (5,906) | (5,412) | (5,759) | ||
| Operating loss: | (365) | (1,709) | (1,108) | (1,187) | (1,304) | (1,811) | ||
| Interest and debt expense | (368) | (258) | (385) | (328) | ||||
| Loss from continuing operations: | (365) | (1,709) | (1,476) | (1,445) | (1,689) | (2,139) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | (2,139) | |
| Net loss: | (365) | (1,709) | (1,476) | (1,445) | (1,689) | (2,139) | ||
| Other undisclosed net income (loss) attributable to parent | (449) | (403) | 8 | |||||
| Net loss available to common stockholders, diluted: | (814) | (2,112) | (1,476) | (1,445) | (1,681) | (2,139) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 3/31/2024 Q3 | 12/31/2023 Q2 | 9/30/2023 Q1 | 6/30/2023 Q4 | 3/31/2023 Q3 | 12/31/2022 Q2 | 9/30/2022 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (365) | (1,709) | (1,476) | (1,445) | (1,689) | (2,139) | ||
| Comprehensive loss, net of tax, attributable to parent: | (365) | (1,709) | (1,476) | (1,445) | (1,689) | (2,139) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.