{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-25-004192","form_type":"8-K","ticker":"FLUX","cik":"0001083743","company_name":"Flux Power Holdings, Inc.","filed_at":"2025-01-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:02.890610+00:00","generated_at":"2026-05-27T05:08:24.912951+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 FY2024 revenue down 8.5% to $60.8M, restates financials, CEO to retire","bullets":["Revenue $60.8M (-8.5% YoY); net loss $8.3M vs $7.7M; adjusted EBITDA loss improved to $4.0M from $4.7M.","Restatement completed: cumulative $5.2M non-cash adjustments for excess inventory, warranty, reclassifications; no cash impact.","CEO Ron Dutt to retire after 12 years; search for successor ongoing. CFO Kevin Royal and CRO Kelly Frey appointed.","Gross margin improved to 28% (from 24%) but revenue fell; backlog $17.5M as of Dec 31, 2024.","Cash $0.6M; Gibraltar credit facility amended, waivers obtained; going concern risk noted."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-25-004192","json":"https://secwatch.observer/filing/0001493152-25-004192.json","markdown":"https://secwatch.observer/filing/0001493152-25-004192.md","text":"https://secwatch.observer/filing/0001493152-25-004192.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1083743/000149315225004192/0001493152-25-004192-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1083743/000149315225004192/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-27T05:08:24.912951+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}