Flux Power Holdings, Inc. (FLUX) financial statements (2023 and earlier)

Company profile

Business Address 2685 S. MELROSE DRIVE
VISTA, CA 92081
State of Incorp. NV
Fiscal Year End June 30
SIC 369 - Miscellaneous Electrical Machinery, Equipment, and Supplies (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

12/31/2021
TTM
6/30/2021
6/30/2020
6/30/2019
6/30/2018
6/30/2017
6/30/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments7,8554,7137261022,706121127
Cash and cash equivalents7,8554,7137261022,706121127
Receivables5,1846,0973,0692,4169468082
Inventory, net of allowances, customer advances and progress billings19,58310,5135,2563,8131,5121,566202
Inventory19,58310,5135,2563,8131,5121,566202
Other current assets868417787371926942
Other undisclosed current assets      44
Total current assets:33,49021,7409,8386,7025,2561,836497
Noncurrent Assets
Operating lease, right-of-use asset2,8213,0353,435
Property, plant and equipment1,6271,356528346875946
Other noncurrent assets89131174158262616
Total noncurrent assets:4,5374,5224,1375041138562
TOTAL ASSETS:38,02726,26213,9757,2065,3691,921559
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities11,4759,7606,0983,9121,822865861
Accounts payable9,2397,1754,6482,483417367526
Accrued liabilities2,2332,5831,400858474259335
Interest and dividends payable3250571931239 
Deferred revenue140244
Debt3,500 7,3756,43410,380 196
Due to related parties    500  
Other undisclosed current liabilities4696062,320   160
Total current liabilities:15,58410,39015,79710,34612,7028651,217
Noncurrent Liabilities
Long-term debt and lease obligation2,6212,8664,59829 5,1851,200
Long-term debt, excluding current maturities  1,297  5,1851,200
Capital lease obligations29   
Operating lease, liability2,6212,8663,301
Liabilities, other than long-term debt     500 
Due to related parties     500 
Other undisclosed noncurrent liabilities(2,621)(2,866)(3,301) 102120 
Total noncurrent liabilities:2,6212,8664,598291025,8051,200
Total liabilities:18,20513,25620,39510,37512,8046,6702,417
Stockholders' equity
Stockholders' equity attributable to parent19,82213,006(6,420)(3,169)(7,435)(4,749)(1,858)
Common stock1614753125209
Additional paid in capital95,21779,19746,98535,90219,19614,92313,195
Accumulated deficit(75,411)(66,205)(53,412)(39,076)(26,662)(19,697)(15,262)
Total stockholders' equity:19,82213,006(6,420)(3,169)(7,435)(4,749)(1,858)
TOTAL LIABILITIES AND EQUITY:38,02726,26213,9757,2065,3691,921559

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

12/31/2021
TTM
6/30/2021
6/30/2020
6/30/2019
6/30/2018
6/30/2017
6/30/2016
Revenues29,25026,25716,8429,3174,118902558
Revenue, net 902558
Cost of revenue(23,442)(20,467)(14,656)(8,768)(4,913)(1,622)(1,098)
Cost of goods and services sold(46)195(317)  (1,622)(1,098)
Gross profit:5,8085,7902,186549(795)(720)(540)
Operating expenses(21,665)(19,268)(14,734)(11,800)(5,418)(3,456)(3,570)
Operating loss:(15,857)(13,478)(12,548)(11,251)(6,213)(4,176)(4,110)
Nonoperating income1,3071,307   1411
Investment income, nonoperating     1411
Other nonoperating income1,3071,307     
Interest and debt expense(102)(622) (699) (44)(266)
Net loss:(14,652)(12,793)(12,548)(11,950)(6,213)(4,206)(4,365)
Other undisclosed net loss attributable to parent  (1,788)(464)(752)(229)(206)
Net loss available to common stockholders, diluted:(14,652)(12,793)(14,336)(12,414)(6,965)(4,435)(4,571)

Comprehensive Income ($ in thousands)

12/31/2021
TTM
6/30/2021
6/30/2020
6/30/2019
6/30/2018
6/30/2017
6/30/2016
Net loss:(14,652)(12,793)(12,548)(11,950)(6,213)(4,206)(4,365)
Comprehensive loss, net of tax, attributable to parent:(14,652)(12,793)(12,548)(11,950)(6,213)(4,206)(4,365)

Statements sources

The financial statements are based on the company's filings with the 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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