---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-049914"
form_type: "8-K"
ticker: "BOXL"
cik: "0001624512"
company_name: "Boxlight Corp"
filed_at: "2025-11-06T23:59:59+00:00"
generated_at: "2026-05-16T23:43:05.472899+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Boxlight Q3 revenue down 19% to $29.3M; net loss widens to $6.2M; not in compliance with debt covenants

## Summary
- Revenue $29.3M, down 19.2% YoY; gross margin fell to 29.1% from 33.8% due to tariffs and pricing pressure.
- Net loss $6.2M ($1.88 basic loss per share) vs $3.1M loss in Q3 2024; adjusted EBITDA negative $0.4M vs positive $2.2M.
- Not in compliance with borrowing base and senior leverage ratio covenants under credit agreement at July, August, and September 30, 2025.
- Raised $3.6M from stock offering and $1.9M from warrant exercises; ended quarter with $11.8M cash and $36.7M debt.
- Regained Nasdaq listing compliance on October 8, 2025; launched CL Totem digital signage in North America.

## SEC filing metadata
- accession: 0001628280-25-049914
- form_type: 8-K
- ticker: BOXL
- cik: 0001624512
- company_name: Boxlight Corp
- filed_at: 2025-11-06T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1624512/000162828025049914/0001628280-25-049914-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1624512/000162828025049914/boxl-20251106.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-049914
- JSON: https://secwatch.observer/filing/0001628280-25-049914.json
- Plain text: https://secwatch.observer/filing/0001628280-25-049914.txt

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