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)

9/30/2023
Q1
6/30/2023
Q4
3/31/2023
Q3
12/31/2022
Q2
9/30/2022
Q1
6/30/2022
Q4
3/31/2022
Q3
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments2,3797901573064853,804
Cash and cash equivalents2,3797901573064853,804
Receivables8,6499,85310,46711,5968,6099,508
Inventory, net of allowances, customer advances and progress billings18,99620,95919,50718,87816,26220,934
Inventory18,99620,95919,50718,87816,26220,934
Other current assets9187758841,3081,261577
Total current assets:30,94232,37731,01532,08826,61734,823
Noncurrent Assets
Operating lease, right-of-use asset2,8543,0352,6012,5582,5972,711
Property, plant and equipment1,7891,7241,5611,7581,5781,588
Other noncurrent assets120119115428989
Total noncurrent assets:4,7634,8784,2774,3584,2644,388
TOTAL ASSETS:35,70537,25535,29236,44630,88139,211
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities12,91613,43115,09516,5609,62216,289
Interest and dividends payable212
Employee-related liabilities825767784
Accounts payable9,73510,82712,79713,5056,64513,361
Accrued liabilities3,1812,6042,2982,2282,2092,142
Deferred revenue131 81347163313
Debt10,05510,6316,8755,6514,8893,500
Other undisclosed current liabilities728754572(279)(88)392
Total current liabilities:23,83024,81622,62322,27914,58620,494
Noncurrent Liabilities
Long-term debt and lease obligation2733111722,2222,3612,493
Finance lease, liability273311172   
Liabilities, other than long-term debt2,0552,2232,079   
Operating lease, liability2,0552,2232,0792,2222,3612,493
Other undisclosed noncurrent liabilities    (2,167)(2,361)(2,493)
Total noncurrent liabilities:2,3282,5342,2512,277 2,493
Total liabilities:26,15827,35024,87424,55616,94722,987
Equity
Equity, attributable to parent9,5479,90510,41811,89013,93416,224
Common stock161616161616
Additional paid in capital98,08696,96896,03695,82795,73295,369
Accumulated deficit(88,555)(87,079)(85,634)(83,953)(81,814)(79,161)
Total equity:9,5479,90510,41811,89013,93416,224
TOTAL LIABILITIES AND EQUITY:35,70537,25535,29236,44630,88139,211

Income Statement (P&L) ($ in thousands)

9/30/2023
Q1
6/30/2023
Q4
3/31/2023
Q3
12/31/2022
Q2
9/30/2022
Q1
6/30/2022
Q4
3/31/2022
Q3
Revenues16,25215,08717,15817,84015,19513,177
Cost of revenue(11,927)(10,368)(13,050)(13,892)(12,196)(11,257)
Gross profit:4,3254,7194,1083,9482,9991,920
Operating expenses(5,433)(5,906)(5,412)(5,759)(5,486)(5,617)
Operating loss:(1,108)(1,187)(1,304)(1,811)(2,487)(3,697)
Interest and debt expense (368)(258)(385)(328)(166)(52)
Loss from continuing operations:(1,476)(1,445)(1,689)(2,139)(2,653)(3,749)
Loss before gain (loss) on sale of properties:(2,139)(2,653)(3,749)
Net loss:(1,476)(1,445)(1,689)(2,139)(2,653)(3,749)
Other undisclosed net income (loss) attributable to parent  8   
Net loss available to common stockholders, diluted:(1,476)(1,445)(1,681)(2,139)(2,653)(3,749)

Comprehensive Income ($ in thousands)

9/30/2023
Q1
6/30/2023
Q4
3/31/2023
Q3
12/31/2022
Q2
9/30/2022
Q1
6/30/2022
Q4
3/31/2022
Q3
Net loss:(1,476)(1,445)(1,689)(2,139)(2,653)(3,749)
Comprehensive loss, net of tax, attributable to parent:(1,476)(1,445)(1,689)(2,139)(2,653)(3,749)

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.

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