PRO DEX INC — fact timeline

PRO DEX INC reported the third quarter and nine months ended March 31, 2026 results: revenue $19.9 million, net income $3.9 million, EPS $1.20 per diluted share.

“2026 with the Securities and Exchange Commission today. Quarter Ended March 31, 2026 Net sales for the three months ended March 31, 2026, increased $2.5 million, or 15%, to $19.9 million from $17.4 million for the three months ended March 31, 2025, primarily due to an increase in shipments in the amount of $4.7 million of our largest customer’s next generation”

PRO DEX INC amended revolving credit of $11,000,000 with UMB Bank, N.A. at the greater of (a) 4% or (b) the Adjusted SOFR Rate maturing December 29, 2027.

“of $7,525,000, Term Note B in the original principal amount of $1,000,000, Term Note C in the original principal amount of $5,000,000, and a Revolving Note in the amount of $11,000,000. The Amended Credit Agreement also extended the maturity date of the Revolving Note from December 29, 2026 to December 29, 2027 pursuant to a Third Amended and Restated Revolving”

PRO DEX INC incurred term loan of $6,650,000 with UMB Bank, N.A. at the greater of (a) 4.5% or (b) the Adjusted SOFR Rate maturing February 1, 2031.

“nd Restated Credit and Security Agreement (the “Amended Credit Agreement”) with UMB Bank, N.A. (“UMB”), which among other things provided for financing to fund the cash portion of the purchase price for the Acquisition by issuing Term Note D in”

PRO DEX INC entered into Second Amended and Restated Credit and Security Agreement with UMB Bank, N.A. valued at Term Note D in the principal amount of $6,650,000 issued to fund cash portion of acquisition (effective 2026-02-09).

“On February 9, 2026 (the “Credit Amendment Date”), the Company entered into a Second Amended and Restated Credit and Security Agreement (the “Amended Credit Agreement”) with UMB Bank, N.A. (“UMB”), which among other things provided for financing to fund the cash portion of the purchase price for the Acquisition by issuing Term Note D in the principal amount of $6,650,000.”

PRO DEX INC entered into Membership Interest Purchase Agreement with Advanced-Precision Machining Holding Company, Inc. valued at aggregate purchase price of approximately $8,650,000 (effective 2026-02-09).

“The Acquisition was made pursuant to a Membership Interest Purchase Agreement, dated February 9, 2026 (the “Purchase Agreement”), by and among the Company as purchaser, Advanced-Precision Machining Holding Company, Inc., a California corporation,”

PRO DEX INC completed an acquisition involving Advanced Precision Machining LLC for approximately $8,650,000 (closed 2026-02-09).

“each an individual, as the owners of Seller (“Owners” and, together with Seller, the “Seller Parties”). The aggregate purchase price for the Acquisition was approximately $8,650,000, of which approximately $6,650,000 was paid by the Company in cash at closing and $2,000,000 of which is to be paid by the Company under the terms of a 63-month subordinated”

PRO DEX INC engaged Baker Tilly US, LLP as its auditor.

“the Audit Committee of the Company’s Board of Directors approved the appointment of Baker Tilly, as the successor to Moss Adams, as the Company’s independent registered public accounting firm.”

Moss Adams LLP resigned as auditor of PRO DEX INC.

“Moss Adams has resigned as the auditors of the Company and the Audit Committee of the Company’s Board of Directors approved the appointment of Baker Tilly, as the successor to Moss Adams, as the Company’s independent registered public accounting firm.”

PRO DEX INC amended revolving credit of increase the Company’s revolving line of credit (the “Revolving Loan”) with MBT from $7,000,000 to $11,000,000 with UMB Bank, N.A. D/B/A Minnesota Bank and Trust, a division of UMB Bank, N.A., successor-in-interest to Minnesota Bank and Trust, a division of HTLF Bank at at an annual rate equal to the greater of (a) 4.0% or (b) SOFR for a one-month p maturing December 29, 2026.

“On April 8, 2025, Pro-Dex, Inc. (the “Company”) entered into Amendment No. 6 to Amended and Restated Credit Agreement (the “Amendment”) with UMB Bank, N.A. D/B/A Minnesota Bank and Trust, a division of UMB Bank, N.A., successor-in-interest to Minnesota Bank and Trust, a division of HTLF Bank (“MBT”), which amends the Company’s Amended and Restated Credit Agreement with MBT (as amended, the “Credit Agreement”), as well as an Amended and Restated Revolving Credit Note with MBT (the “Revolving Note” and, together with the Amendment, the “Credit Agreement Amendments”). The Credit Agreement Amendments, among other things, increase the Company’s revolving line of credit (the “Revolving Loan”) with MBT from $7,000,000 to $11,000,000.”

PRO DEX INC reported nine months ended March 31, 2024 results: revenue $38.8 million, net income $540,000, or $0.15 per diluted share, EPS $0.15 per diluted share.

“Net sales for the nine months ended March 31, 2024, increased $3.4 million, or 10%, to $38.8 million from $35.4 million for the nine months ended March 31, 2023”

PRO DEX INC reported third quarter ended March 31, 2024 results: revenue $14.3 million, net income $655,000, or $0.19 per diluted share, EPS $0.19 per diluted share.

“Net sales for the three months ended March 31, 2024, increased $1.2 million, or 9%, to $14.3 million from $13.1 million for the three months ended March 31, 2023”

PRO DEX INC reported six months ended December 31, 2023 results: revenue $24.5 million, net income Net loss for the six months ended December 31, 2023, was $115,000, EPS $0.03 per diluted share.

“fair value, and the valuation can be highly volatile. Six Months Ended December 31, 2023 Net sales for the six months ended December 31, 2023, increased $2.2 million, or 10%, to $24.5 million from $22.4 million for the six mo nths ended December 31, 2022, due primarily to increased repair revenue from the orthopedic surgical handpiece that we sell to our”

PRO DEX INC reported fiscal 2024 second quarter ended December 31, 2023 results: revenue $12.6 million, net income $500,000, EPS $0.14 per diluted share.

“Net sales for the three months ended December 31, 2023, increased $1.3 million, or 12%, to $12.6 million from $11.3 million for the three months ended December 31, 2022”

PRO DEX INC amended credit facility with Minnesota Bank and Trust, a division of HTLF Bank maturing December 29, 2025.

“The Amendment extends the maturity date of the Company’s Amended and Restated Revolving Credit Note (the “Revolving Note”) and the Supplemental Revolving Note (the “Supplemental Note”) with MBT from December 29, 2024, to December 29, 2025.”

PRO DEX INC amended Amendment No. 3 to Amended and Restated Credit Agreement with Minnesota Bank and Trust, a division of HTLF Bank valued at $2,500,000 drawn on Revolving Note; maturity extended to December 29, 2025 (effective 2023-12-29).

“On December 29, 2023 (the “Amendment Date”), Pro-Dex, Inc. (the “Company”) entered into Amendment No. 3 to Amended and Restated Credit Agreement (the “Amendment”) with Minnesota Bank and Trust, a division of HTLF Bank (“MBT”), successor by merger to Minnesota Bank and Trust, which amends the Company’s Amended and Restated Credit Agreement, (as amended, the “Credit Agreement”).”

PRO DEX INC shareholders approved Non-binding advisory vote on compensation of Named Executive Officers at the 2023-12-14 meeting.

“For Against Abstain Broker Non-Votes 2,251,271 11,341 13,351 639,427”

PRO DEX INC shareholders approved Amendment to 2014 Employee Stock Purchase Plan to extend term for additional ten years at the 2023-12-14 meeting.

“For Against Abstain Broker Non-Votes 2,085,460 190,097 406 639,427”

PRO DEX INC shareholders approved Ratification of appointment of Moss Adams, LLP as independent registered public accounting firm for year ending June 30, 2024 at the 2023-12-14 meeting.

“For Against Abstain Broker Non-Votes 1,867,181 1,030,284 17,924 —”

PRO DEX INC shareholders approved Election of Raymond E. Cabillot, Angelita R. Domingo, William J. Farrell III, David C. Hovda, Katina M.K. Philp, Nicholas J. Swenson and Richard L. Van Kirk as directors at the 2023-12-14 meeting.

“Candidate Votes For Withheld Broker Non-Votes Raymond E. Cabillot 2,201,619 74,344 639,427 Angelita R. Domingo 2,263,301 12,662 639,427 William J. Farrell III 1,901,678 374,285 639,427 David C. Hovda 2,243,539 32,424 639,427 Katrina M.K. Philp 2,271,327 4,636 639,427 Nicholas J. Swenson 2,003,924 272,039 639,427 Richard L. Van Kirk 2,261,694 14,269 639,427”

PRO DEX INC reported fiscal 2024 first quarter ended September 30, 2023 results: revenue $11.9 million, net income net loss of $615,000, or $0.17 per diluted share.

“the first quarter of fiscal year 2024 with the Securities and Exchange Commission today. Net sales for the three months ended September 30, 2023, increased $851,000, or 8%, to $11.9 million from $11.1 million for the three months ended September 30, 2022. The increase is driven primarily by $1.8 million in increased repairs of the surgical handpiece we sell to our”

PRO DEX INC reported financial results for the fourth fiscal quarter and fiscal year ended June 30, 2023.

“Pro-Dex, Inc. (the "Company") is issuing a press release announcing its financial performance for the fourth fiscal quarter and fiscal year ended June 30, 2023.”

PRO DEX INC reported nine months ended March 31, 2023 results: revenue $35.4 million, net income $3.3 million, EPS $0.89, per diluted share.

“Net sales for the nine months ended March 31, 2023, increased $6.0 million, or 20%, to $35.4 million from $29.4 million for the nine months ended March 31, 2022, due to increased repair revenue of $4.3 million related to the enhanced repair program described above, as well as an increase of $1.5 million in billable non-recurring engineering projects. Gross profit for the nine months ended March 31, 2023, decreased $299,000, or 3%, compared to the same period in fiscal 2022. The gross profit decline for the nine months ended March 31, 2023, is due in part to the enhanced repair program described above, which includes the advance replacement of many costly components of the handpiece, as well as higher costs across much of our supply chain. Operating expenses (which include selling, general and administrative, and research and development expenses) for the nine months ended March 31, 2023, decreased 9% to $5.2 million from $5.7 million in the prior fiscal year’s corresponding period, mos”

PRO DEX INC reported third quarter ended March 31, 2023 results: revenue $13.1 million, net income $1.3 million, EPS $0.36 per diluted share.

“Net sales for the three months ended March 31, 2023, increased $3.8 million, or 41%, to $13.1 million from $9.3 million for the three months ended March 31, 2022, due primarily to increased repair revenue of $3.2 million related to an enhanced repair program launched this fiscal year to upgrade the handpiece we sell our largest customer to its most current generation. Gross profit for the three months ended March 31, 2023, increased $953,000, or 33%, to $3.8 million from $2.9 million for the same period in fiscal 2022. The gross profit increase is consistent with our increase in net sales and is benefited by our resolution and agreement with our largest customer related to previously upgraded repairs. Additionally, we have continued to experience higher costs across much of our supply chain. Operating expenses (which include selling, general and administrative, and research and development expenses) for the quarter ended March 31, 2023, decreased slightly, by 5%, compared to the same p”

PRO DEX INC reported financial results for six months ended December 31, 2022.

“On February 2, 2023, Pro-Dex, Inc. (the “Company”) is issuing a press release announcing its financial performance for the second quarter and six months ended December 31, 2022.”

PRO DEX INC reported financial results for second quarter ended December 31, 2022.

“On February 2, 2023, Pro-Dex, Inc. (the “Company”) is issuing a press release announcing its financial performance for the second quarter and six months ended December 31, 2022.”

PRO DEX INC incurred revolving credit of $3,000,000 with Minnesota Bank and Trust, a division of HTLF Bank at greater of (a) 5.0% or (b) SOFR for a one-month period from the website of the C maturing December 29, 2024.

“provides for a supplemental line of credit in the amount of $3,000,000 (the “Supplemental Note”)”

PRO DEX INC amended revolving credit of from $2,000,000 to $7,000,000 with Minnesota Bank and Trust, a division of HTLF Bank at greater of (a) 5.0% or (b) SOFR for a one-month period from the website of the C maturing December 29, 2024.

“The Revolving Note has been amended to extend the maturity date of the Company’s existing revolving credit note with MBT from November 5, 2023 to December 29, 2024, to increase the Revolving Note facility from $2,000,000 to $7,000,000, and to increase the interest rate on the Revolving Note”

PRO DEX INC amended Amendment No. 2 to Amended and Restated Credit Agreement with Minnesota Bank and Trust, a division of HTLF Bank valued at $3,000,000 (effective 2022-12-29).

“On December 29, 2022 (the “Amendment Date”), Pro-Dex, Inc. (the “Company”) entered into Amendment No. 2 to Amended and Restated Credit Agreement (the “Amendment”) with Minnesota Bank and Trust, a division of HTLF Bank (“MBT”), successor by merger to Minnesota Bank and Trust, which amends the Company’s Amended and Restated Credit Agreement and Amended and Restated Revolving Credit Note with MBT (as amended, the “Credit Agreement” and “Revolving Note,” respectively) and provides for a supplemental line of credit in the amount of $3,000,000 (the “Supplemental Note”).”

PRO DEX INC shareholders approved Non-binding advisory vote on executive compensation at the 2022-11-17 meeting.

“3. To cast a non-binding advisory vote with regard to the compensation of the Company’s Named Executive Officers (as defined in the Proxy Statement) as set forth in the Proxy Statement. For Against Abstain Broker Non-Votes 2,230,772 23,295 11,742 690,890 On the basis of the foregoing votes, the shareholders approved, on a non-binding advisory basis, the compensation of the Named Executive Officers.”

PRO DEX INC shareholders approved Ratification of appointment of Moss Adams, LLP as independent registered public accounting firm for fiscal year ending June 30, 2023 at the 2022-11-17 meeting.

“2. To ratify the appointment of Moss Adams, LLP as the Company’s independent registered public accounting firm for the year ending June 30, 2023. For Against Abstain Broker Non-Votes 2,947,076 4,934 4,689 — On the basis of the foregoing votes, the proposal was ratified.”

PRO DEX INC shareholders approved Election of Directors at the 2022-11-17 meeting.

“1. To elect Raymond E. Cabillot, Angelita R. Domingo, William J. Farrell III, David C. Hovda, Katina M.K. Philp, Nicholas J. Swenson and Richard L. Van Kirk (the “Candidates”) to serve as members of the board of directors (“Board”) of the Company until their successors are duly elected and qualified. Candidate Votes For Withheld Broker Non-Votes Raymond E. Cabillot 2,161,219 104,590 690,890 Angelita R. Domingo 2,253,541 12,268 690,890 William J. Farrell III 2,255,030 10,779 690,890 David C. Hovda 2,262,099 4,710 690,890 Katrina M.K. Philp 2,260,577 5,232 690,890 Nicholas J. Swenson 2,148,695 117,114 690,890 Richard L. Van Kirk 2,253,776 12,033 690,890 On the basis of the foregoing votes, each of the Candidates was elected.”

PRO DEX INC reported fiscal 2023 first quarter ended September 30, 2022 results: revenue $11.1 million, net income $1.1 million, EPS $0.29 per diluted share.

“first quarter of fiscal year 2023 with the Securities and Exchange Commission today. Net sales for the three months ended September 30, 2022 increased $1.1 million, or 11%, to $11.1 million from $10.0 million for the three months ended September 30, 2021. The increase is driven primarily by $0.8 million in increased repairs of the surgical handpiece we sell to our”

Angelita Domingo was appointed as Director at PRO DEX INC.

“the Board appointed Angelita (“Angel”) Domingo, age 49, as a director in order to fill the newly created vacancy due to the expansion of the size of the Board, effective as of December 20, 2021.”