Flux Power Holdings, Inc. Files 10-Q for Period Ending December 31, 2023

TL;DR

<b>Flux Power Holdings, Inc. has filed its Q2 2024 10-Q report, detailing financial performance up to December 31, 2023.</b>

AI Summary

Flux Power Holdings, Inc. (FLUX) filed a Quarterly Report (10-Q) with the SEC on February 8, 2024. Flux Power Holdings, Inc. filed a 10-Q for the period ending December 31, 2023. The filing covers the second quarter of fiscal year 2024. The company's fiscal year ends on June 30. The filing was made on February 8, 2024. The company's principal business address is in Vista, California.

Why It Matters

For investors and stakeholders tracking Flux Power Holdings, Inc., this filing contains several important signals. This 10-Q filing provides investors with the latest quarterly financial data, crucial for assessing the company's performance and making informed investment decisions. Understanding the details within this report allows for a timely evaluation of Flux Power's financial health, operational progress, and potential risks and opportunities.

Risk Assessment

Risk Level: medium — Flux Power Holdings, Inc. shows moderate risk based on this filing. The company's financial performance and future prospects are subject to market conditions and operational execution, as indicated by the filing of a 10-Q which typically contains detailed financial statements and risk factors.

Analyst Insight

Review the detailed financial statements and risk factors within the 10-Q filing to assess Flux Power's current financial health and future outlook.

Key Numbers

• 2023-12-31 — Period of Report (10-Q filing)
• 2024-02-08 — Filed As Of Date (10-Q filing)
• 0630 — Fiscal Year End (Company data)
• 2023-07-01 — Quarter Start Date (Q2 2024)
• 2023-12-31 — Quarter End Date (Q2 2024)

Key Players & Entities

• Flux Power Holdings, Inc. (company) — Filer
• 2023-12-31 (date) — Period of report
• 2024-02-08 (date) — Filed as of date
• 2685 S. MELROSE DRIVE (address) — Business address street 1
• VISTA (location) — Business address city
• CA (location) — Business address state
• 92081 (postal_code) — Business address zip
• Lone Pine Holdings, Inc (company) — Former company name

FAQ

Key Dates

• 2024-02-08: 10-Q Filing — Submission of quarterly financial report
• 2023-12-31: Quarter End Date — End of reporting period for the 10-Q
• 2023-07-01: Quarter Start Date — Beginning of reporting period for the 10-Q
• 2024-01-31: Subsequent Event Date — Date related to credit facility and LOC updates

Key Financial Figures

• $0.001 — ch registered Common Stock, par value $0.001 per share FLUX Nasdaq Capital Mark

Filing Documents

• form10-q.htm (10-Q) — 783KB
• ex31-1.htm (EX-31.1) — 11KB
• ex31-2.htm (EX-31.2) — 11KB
• ex32-1.htm (EX-32.1) — 5KB
• ex32-2.htm (EX-32.2) — 5KB
• 0001493152-24-005464.txt (&nbsp;) — 4563KB
• flux-20231231.xsd (EX-101.SCH) — 34KB
• flux-20231231_cal.xml (EX-101.CAL) — 42KB
• flux-20231231_def.xml (EX-101.DEF) — 162KB
• flux-20231231_lab.xml (EX-101.LAB) — 361KB
• flux-20231231_pre.xml (EX-101.PRE) — 286KB
• form10-q_htm.xml (XML) — 606KB

- Financial Information

PART I - Financial Information ITEM 1. CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (unaudited) 5 ITEM 2.

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS 21 ITEM 3.

QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK 27 ITEM 4.

CONTROLS AND PROCEDURES

CONTROLS AND PROCEDURES 27

- Other Information

PART II - Other Information ITEM 1.

LEGAL PROCEEDINGS

LEGAL PROCEEDINGS 29 ITEM 1A.

RISK FACTORS

RISK FACTORS 29 ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS 29 ITEM 3. DEFAULTS UPON SENIOR SECURITIES 29 ITEM 4. MINE SAFETY DISCLOSURES 29 ITEM 5. OTHER INFORMATION 29 ITEM 6. EXHIBITS 30

SIGNATURES

SIGNATURES 31 2 SPECIAL NOTE REGARDING FORWARD LOOKING STATEMENTS This report contains forward-looking statements. The forward-looking statements are contained principally in the section captioned "Risk Factors," and "Management's Discussion and Analysis of Financial Condition and Results of Operations." These to be materially different from any future results, performances or achievements expressed or implied by the forward-looking statements. These risks and uncertainties include, but are not limited to, the factors described in the section captioned "Risk Factors" in our Annual Report on Form 10-K for the fiscal year ended June 30, 2023 filed with the SEC on September 21, 2023. In some cases, you can identify forward-looking statements by terms such as "anticipates," "believes," "could," "estimates," "expects," "intends," "may," "plans," "potential," "predicts," "projects," "should," "would," and similar expressions intended to identify forward-looking statements. Forward-looking statements reflect our current views with respect to future events and are based on assumptions and subject to risks and uncertainties. You should read these factors and the other cautionary statements made in this report and in the documents we incorporate by reference into this report as being applicable to all related forward-looking statements wherever they appear in this report or the documents we incorporate by reference into this report. If one or more of these factors materialize, or if any underlying assumptions prove incorrect, our actual results, performance or achievements may vary materially from any future results, performance or achievements expressed or implied by these forward-looking statements. Given these uncertainties, you should not place undue reliance on these forward-looking statements. These forward-looking statemen

View Full Filing

View this 10-Q filing on SEC EDGAR