{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-018477","form_type":"8-K","ticker":"FLUX","cik":"0001083743","company_name":"Flux Power Holdings, Inc.","filed_at":"2024-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.215811+00:00","generated_at":"2026-06-02T04:48:35.497650+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Flux Power reports Q3 FY2024 revenue down 4% YoY, net loss widens to $2.6M","bullets":["Revenue $14.5M (-4% YoY), gross margin 30% (down 100bps), net loss $2.6M vs $1.4M loss.","Adjusted EBITDA loss widened to $1.4M from $0.7M; cash fell to $1.3M from $2.4M.","Event of default under $16M credit facility (EBITDA covenant), waiver obtained, negotiating modifications.","Going concern uncertainty disclosed; backlog $18.5M as of May 6, 2024.","New CFO Kevin Royal appointed; Mark Leposky joins board; new private label program for OEM."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-018477","json":"https://secwatch.observer/filing/0001493152-24-018477.json","markdown":"https://secwatch.observer/filing/0001493152-24-018477.md","text":"https://secwatch.observer/filing/0001493152-24-018477.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1083743/000149315224018477/0001493152-24-018477-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1083743/000149315224018477/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T04:48:35.497650+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"9ca3aaf1151e5a625ff7cd6853daadd9dc5ff07a","claim":"Flux Power Holdings, Inc. reported fiscal third quarter ended March 31, 2024 results: revenue $14.5 million.","evidence_excerpt":"30, 2023 $ 28,544,000 $ 8,102,000 $ 14,797,000 $ 21,849,000 December 31, 2023 $ 21,849,000 $ 26,552,000 $ 18,344,000 $ 30,057,000 March 31, 2024 $ 30,057,000 $ 4,030,000 $ 14,457,000 $ 19,630,000 CEO Commentary Continued “Looking ahead, we are highly focused on expanding sales and marketing initiatives to secure new customer relationships and support","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1083743/000149315224018477/0001493152-24-018477-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal third quarter ended March 31, 2024"},{"label":"Revenue","value":"$14.5 million"},{"label":"Result","value":"reported results"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}