Boxlight Q4 revenue up 11% to $26.6M but net loss of $9.7M and EBITDA falls to -$4.9M

Boxlight Corp

Q4 revenue $26.6M (+11% YoY); gross margin dropped 711 bps to 23.5%.
Net loss $(9.7)M ($(9.96)/share) vs $(16.7)M prior year (incl $12.3M accelerated amort).
Adjusted EBITDA $(4.9)M, down $3.2M from $(1.7)M in Q4'24.
Cash $9.4M, working cap $26.6M, stockholder equity only $1.3M.
Launched FrontRow Symphony platform Jan 2026; Eleventh Amendment with WhiteHawk Capital in late Q4.

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