secwatch.observer — SEC 8-K summary
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Issuer:     Boxlight Corp (BOXL)
CIK:        0001624512
Form:       8-K
Filed at:   2024-03-13T23:59:59+00:00
Accession:  0001628280-24-010885
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1624512/000162828024010885/0001628280-24-010885-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1624512/000162828024010885/boxl-20240313.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-010885

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer