secwatch.observer — SEC 8-K summary
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Issuer:     Flux Power Holdings, Inc. (FLUX)
CIK:        0001083743
Form:       8-K
Filed at:   2025-03-20T23:59:59+00:00
Accession:  0001493152-25-011029
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Flux Power reports Q1 revenue up 9%, Q2 down 8%; CEO change; backlog $19.5M
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- Q1 FY2025 revenue $16.1M (+9% YoY), gross margin 32% vs 29%; net loss $1.7M vs $2.2M loss.
- Q2 FY2025 revenue $16.8M (-8% YoY), gross margin 33% vs 30%; net loss $1.9M vs $0.9M loss.
- CEO Krishna Vanka replaces retiring Ron Dutt; Kelly Frey appointed Chief Revenue Officer.
- Open order backlog $19.5M as of Feb 28, 2025; new private label battery program with top forklift OEM.
- Adjusted EBITDA losses: Q1 -$0.6M, Q2 -$1.0M; cash $0.9M at Dec 31, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1083743/000149315225011029/0001493152-25-011029-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1083743/000149315225011029/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-011029

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