---
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"
generated_at: "2026-05-27T05:08:24.912951+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Flux Power FY2024 revenue down 8.5% to $60.8M, restates financials, CEO to retire

## Summary
- 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.

## SEC filing metadata
- 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
- 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/1083743/000149315225004192/0001493152-25-004192-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1083743/000149315225004192/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-004192
- JSON: https://secwatch.observer/filing/0001493152-25-004192.json
- Plain text: https://secwatch.observer/filing/0001493152-25-004192.txt

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