---
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"
generated_at: "2026-06-02T04:48:35.497650+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Flux Power reports Q3 FY2024 revenue down 4% YoY, net loss widens to $2.6M

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-018477
- JSON: https://secwatch.observer/filing/0001493152-24-018477.json
- Plain text: https://secwatch.observer/filing/0001493152-24-018477.txt

## Key facts
- Earnings Releases
  Flux Power Holdings, Inc. reported fiscal third quarter ended March 31, 2024 results: revenue $14.5 million.
  - Period: fiscal third quarter ended March 31, 2024
  - Revenue: $14.5 million
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1083743/000149315224018477/0001493152-24-018477-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.