secwatch.observer — SEC 8-K summary
======================================

Issuer:     Boxlight Corp (BOXL)
CIK:        0001624512
Form:       8-K
Filed at:   2025-05-14T23:59:59+00:00
Accession:  0001628280-25-025558
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Boxlight Q1 revenue falls 39.5% to $22.4M; net loss narrows to $3.2M
--------------------------------------------------------------------

- Revenue of $22.4M, down 39.5% YoY, driven by lower global demand and competitive pricing for interactive flat panels.
- Net loss of $3.2M ($1.41 per share) improved from $7.1M loss ($3.81 per share) in Q1 2024.
- Gross margin rose to 35.9% from 34.5% on favorable product mix.
- Adjusted EBITDA was ($25K) vs $0.2M in prior year; cash balance $8.1M; working capital $1.6M.
- Credit agreement non-compliance cured via $1.3M payment in April/May 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1624512/000162828025025558/0001628280-25-025558-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1624512/000162828025025558/boxl-earnings8kxq12025.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-025558

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