{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-015053","form_type":"8-K","ticker":"FLUX","cik":"0001083743","company_name":"Flux Power Holdings, Inc.","filed_at":"2026-04-03T23:59:59+00:00","discovered_at":"2026-05-14T18:02:31.926599+00:00","generated_at":"2026-05-15T07:33:14.923559+00:00","sec_items":["8.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Flux Power Holdings reports EBITDA covenant breach under loan agreement; $6.5M outstanding","bullets":["Failed to meet minimum EBITDA covenant for trailing three months ended March 31, 2026 under Loan Agreement with Gibraltar Business Capital (GBC).","Event of Default triggered; outstanding balance was approximately $6.5 million as of March 31, 2026.","Negotiating amendment or waiver with GBC; line-of-credit access continues but GBC may limit it at any time.","No assurance of favorable amendment; GBC could accelerate all obligations and demand immediate payment."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-015053","json":"https://secwatch.observer/filing/0001493152-26-015053.json","markdown":"https://secwatch.observer/filing/0001493152-26-015053.md","text":"https://secwatch.observer/filing/0001493152-26-015053.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1083743/000149315226015053/0001493152-26-015053-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1083743/000149315226015053/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T07:33:14.923559+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"}