---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-010885"
form_type: "8-K"
ticker: "BOXL"
cik: "0001624512"
company_name: "Boxlight Corp"
filed_at: "2024-03-13T23:59:59+00:00"
generated_at: "2026-06-04T22:19:59.336525+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Boxlight Q4 2023 revenue down 9.3% to $38.8M, net loss $17.7M with $12M impairment

## Summary
- Q4 revenue $38.8M (-9.3% YoY); gross margin 31.7% (-190 bps) from non-recurring charges.
- Net loss $17.7M inclusive of $12.0M impairment charges; EPS ($1.87) vs ($0.25) prior year.
- Full-year revenue $176.7M (-20.3% YoY); net loss $39.2M; EPS ($4.28).
- Adjusted EBITDA Q4 loss ($1.1M); guides Q1 2024 revenue $34M, adj EBITDA loss ($3.0M).
- Cash $17.3M, debt $40.2M; new CEO Dale Strang leading restructuring.

## SEC filing metadata
- accession: 0001628280-24-010885
- form_type: 8-K
- ticker: BOXL
- cik: 0001624512
- company_name: Boxlight Corp
- filed_at: 2024-03-13T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1624512/000162828024010885/0001628280-24-010885-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1624512/000162828024010885/boxl-20240313.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-010885
- JSON: https://secwatch.observer/filing/0001628280-24-010885.json
- Plain text: https://secwatch.observer/filing/0001628280-24-010885.txt

## Key facts
- Earnings Releases
  Boxlight Corp reported the fourth quarter ended December 31, 2023 results: revenue $38.8 million, net income $17.7 million, EPS ($1.87).
  - Period: the fourth quarter ended December 31, 2023
  - Revenue: $38.8 million
  - Net income: $17.7 million
  - EPS: ($1.87)
  - Result: reported results
  source text: solutions, today announced the Company’s financial results for the fourth quarter and full year ended December 31, 2023. Financial and Operational Highlights: • Revenue was $38.8 million for the quarter, a decrease of 9.3% from the prior year quarter • Gross profit margin in Q4'23 decreased by 190 basis points to 31.7% due to non-recurring charges • Net loss was
  evidence_url: https://www.sec.gov/Archives/edgar/data/1624512/000162828024010885/0001628280-24-010885-index.htm
- Earnings Releases
  Boxlight Corp reported the full year ended December 31, 2023 results: revenue $176.7 million, net income $39.2 million, EPS ($4.28).
  - Period: the full year ended December 31, 2023
  - Revenue: $176.7 million
  - Net income: $39.2 million
  - EPS: ($4.28)
  - Result: reported results
  source text: with prior period acquisitions. Financial Results for the Year Ended December 31, 2023 (FY'23) vs. the Year Ended December 31, 2022 (FY'22) Total revenues for FY'23 were $176.7 million as compared to $221.8 million for FY'22, resulting in a 20.3% decrease. The decrease in revenues was primarily due to lower sales volume across all markets. FY'23 gross profit
  evidence_url: https://www.sec.gov/Archives/edgar/data/1624512/000162828024010885/0001628280-24-010885-index.htm

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