earnings
confidence high
sentiment neutral
materiality 0.60
Lifeloc Q1 net loss narrows to $153K; SpinDetect mold milestone achieved
Lifeloc Technologies, Inc
2026-Q1 EPS reported
-$0.06
revenue$2,293,812
- Net revenue $2.294M (+1% YoY), net loss $153K ($0.06/diluted share) vs $293K loss in Q1 2025.
- Gross margin improved to 43% from 40%; R&D spend >18% of revenue.
- Completed production mold for SpinDetect drug analyzer; first article disks delivered in April.
- Closed $500K loan from Chairman and CFO at 10.5% interest, interest-only in 2026, 5-year term.
item 2.02item 9.01