Highest-materiality recent filing
Outdoor Holding Q4 revenue up 10% to $13.9M; adj EBITDA $7.7M vs $2.9M YoY
Q4 net loss $(1.5)M improved from $(78.3)M; operating expenses fell to $15.1M from $38.0M.
OHC reports Q3 net income $1.46M; revenue up 7% to $13.39M; second consecutive profitable quarter
Net income from continuing ops $1.46M vs net loss of $21.18M prior year; diluted EPS $0.01 vs ($0.18).
Outdoor Holding settles SEC investigation without monetary penalty; agrees to cease-and-desist
SEC settlement imposes no civil penalty; company agrees to cease-and-desist from future securities law violations.
Outdoor Holding Q2 fiscal 2026 net income $1.4M, first quarterly profit after several losses
Net revenue flat at $11.98M; gross margin improved to 87.1% from 86.9%.
Outdoor Holding posts pro forma after $75M ammunition unit sale to Olin; cash up $42.9M
Sale of ammunition manufacturing business to Olin Winchester closed Apr 18, 2025 for $75M gross; pro forma cash increased $42.9M to $74.9M as of Dec 31, 2024
Outdoor Holding issues warrant for 13M shares; $39M note extinguished in settlement step
On Sept 17, 2025, independent directors approved prepayment option to settle $39M unsecured promissory note (4.62% interest) by issuing a warrant for 13M common shares.
Regained compliance with Nasdaq Listing Rule 5620(a) after annual meeting held Aug 29, 2025.
OHC Q1 FY2026: Revenue down 3% to $11.9M, net loss narrows to $5.9M; ammo division sold
Net revenues $11.9M vs $12.3M YoY; gross margin expanded to 87.2% from 85.8%.
Outdoor Holding settles litigation, appoints Steven Urvan as CEO and Chairman
Settlement effective May 30, 2025; litigation dismissed with prejudice between Outdoor Holding, Speedlight, Steven Urvan, and Legacy Directors.
Outdoor Holding settles litigation; appoints Urvan CEO/Chairman, issues $51M notes and warrants
Settlement with Urvan: $12M Note 1 + $39M Note 2 (unsecured) plus warrants for 7M shares (Warrant) and option for 13M more (Additional Warrant).
Steve Urvan becomes CEO and Chairman effective May 30; founder Jared Smith resigns with $625K severance and full equity vesting.
AMMO, Inc. changes name to Outdoor Holding Company after ammunition business divestiture
Name change to Outdoor Holding Company effective April 21, 2025 via certificate of amendment filed with Delaware Secretary of State.
AMMO completes $75M sale of ammunition manufacturing assets to Olin Winchester
Sale of ammunition manufacturing assets to Olin Winchester for $75M gross; closed April 18, 2025.
AMMO receives Nasdaq delisting notice for missing annual meeting; Executive Chairman resigns
Received Nasdaq deficiency notice for not holding annual meeting within 12 months of fiscal year end March 31, 2024.
AMMO receives Nasdaq deficiency for late 10-Q; restates FY 2018-2020 results
Nasdaq notice on Feb 19, 2025 for failure to timely file Q3 10-Q (quarter ended Dec 31, 2024).
Sale includes 185,000 sq ft production facility and ballistic range in Manitowoc, WI; expected close Q2 2025.
AMMO receives Nasdaq deficiency notice for late Q3 10-Q amid independent investigation
Received Nasdaq deficiency notice on Nov 20, 2024 for failing to timely file Q3 10-Q.
Auditor PKF requested non-reliance on FY2021-2024 financial statements and audit reports.
Paul Kasowski appointed CFO effective Sep 20, 2024; base salary $325K, annual 100K share equity award, bonus up to 100% of base.
AMMO Q1 FY2025 net loss widens to $7.1M; revenue down 9.6% to $31.0M
Net loss ($7.1M) vs ($1.1M) prior year; diluted EPS ($0.07) vs ($0.02). Adjusted EPS $0.01 vs $0.05.
AMMO settles Triton litigation for $8M cash and cancellation of 2.86M shares
Settlement resolves case Triton Value Partners v. TVP Investments in Cobb County Superior Court.
AMMO reports FY2024 net loss $15.6M, revenue down 24%; Q4 revenue $40.4M, down 7.5%
Full-year net revenues $145.1M, down 24.2% YoY; net loss ($15.6M) vs ($4.6M) prior year.
AMMO reports Q3 FY2024 revenue $36M, net loss narrows to $1.6M; adjusted EPS $0.04 flat YoY
Net revenue $36.0M vs $38.7M prior year; gross margin 30.3% vs 32.4%.
AMMO, Inc. enters $20M revolving credit agreement with Sunflower Bank
Borrowers include AMMO, AMMO Technologies, Enlight Group II, and AMMO Munitions.
AMMO Q2 FY2024 revenue $34.4M, net loss ($7.5M) vs ($0.8M) YoY; adjusted EPS $0.00
Net loss ($7.5M) vs ($0.8M) prior year; diluted EPS ($0.07) vs ($0.01).
AMMO reports Q1 net loss of $1.1M, revenue down 44% to $34.3M, gross margin improves to 40.9%
Net loss of $1.1M ($0.02 diluted EPS) vs net income of $3.3M ($0.02 EPS) in prior year period; adjusted EPS of $0.05 vs $0.07.
AMMO appoints Jared Smith as CEO, Fred Wagenhals becomes Executive Chairman
Jared Smith named CEO effective July 24, 2023; previously President/COO since Jan 2023.
AMMO reports FY2023 revenue down 20% to $191.4M, net loss of $4.6M vs prior year profit
Net loss of $4.6M (diluted EPS -$0.07) vs net income of $33.2M ($0.27) in FY2022.
AMMO acknowledges lawsuit from director Urvan over GunBroker.com acquisition
Director Steve Urvan filed suit in Delaware Court of Chancery on April 28, 2023.
AMMO reports Q3 revenue down 40% to $38.7M, net loss of $4.1M; cuts FY2023 guidance
Net revenues $38.7M, down 40% YoY; net loss of $4.1M vs prior-year net income of $9.1M.
AMMO hires Jared Smith as COO/President effective Jan 3; Goodmanson resigns
Rob Goodmanson resigned as President (eff. Dec 31); will remain on board through Jan 5, 2023 annual meeting.
AMMO reports Q2 FY2023 net loss; revenue down 21% YoY; lowers full-year guidance
Net revenues $48.3M, down 21% YoY; net loss ($0.8M) vs income $14.1M; diluted EPS ($0.01).
New Chief Executive Officer Biographical Information and Arrangements The Settlement Agreement provides that the Board will direct its Compensation Committee to develop a compensation plan for Urvan that contemplates a base salary of $1.00 for the first year of his employment as Chief Executive Officer.
The information set forth in Item 1.01 regarding the resignation of Mr. Smith and the appointment of Urvan is incorporated by reference into this Item 5.02.
Fred W. Wagenhals delivered notice to the Board of Directors of the Company (the “ Board ”) of his resignation from his position as the Executive Chairman of the Company and as Chairman of the Board, effective immediately.
On March 30, 2025, Jessica M. Lockett notified the Board of Directors (the “ Board ”) of AMMO, Inc. (the “ Company ”) of her resignation from her position as a member of the Board and all committees thereof, effective immediately.
the Board of Directors (“Board”) of Ammo, Inc (“Company”) named Mr. Paul Kasowski the Company’s new Chief Financial Officer, effective September 20, 2024.
On September 19, 2024, the Company received a notice of resignation from its Chief Financial Officer, Rob Wiley, effective September 20, 2024.
On the Effective Date, Mr. Wagenhals departed as CEO, effective immediately, and the Board appointed Mr. Wagenhals the Company’s Executive Chairman
On July 24, 2023 (the “Effective Date”), the Board appointed Mr. Smith as CEO and as a member of the Board (the “Smith Appointment”).
Rob Goodmanson resigned as President of the Company effective December 31, 2022.
On December 15, 2022, Ammo, Inc. (the “Company”) appointed Mr. Jared R. Smith, age 44, as Chief Operating Officer and President of the Company effective January 3, 2023.
Effective November 3, 2022, Christos Tsentas and Wayne Walker have been appointed as members of the Board.
Effective November 3, 2022, Christos Tsentas and Wayne Walker have been appointed as members of the Board.
Max materiality 0.90 · Median 0.65 · Most common event other_material