secwatch.observer — SEC 8-K summary
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Issuer:     Boxlight Corp (BOXL)
CIK:        0001624512
Form:       8-K
Filed at:   2024-08-07T23:59:59+00:00
Accession:  0001628280-24-035609
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Boxlight Q2 2024 revenue down 18.1% to $38.5M; net loss widens to $1.5M
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- Revenue $38.5M vs $47.1M in Q2 2023; gross margin slipped to 37.7% from 37.9%.
- Net loss $1.5M ($0.18 per share) vs $0.8M ($0.12) a year ago.
- Adjusted EBITDA fell to $3.7M from $5.4M; cash $7.5M, debt $40.3M.
- Cut >$5M annual opex; launched UNITY, TimeSign, and STEM Robo 3D printer.
- Recognized by TIME as one of World's Top 250 EdTech Companies (28th).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1624512/000162828024035609/0001628280-24-035609-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1624512/000162828024035609/boxl-20240807.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-035609

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