Flux Power Holdings Files 8-K on Financials
Ticker: FLUX · Form: 8-K · Filed: Feb 14, 2025 · CIK: 1083743
| Field | Detail |
|---|---|
| Company | Flux Power Holdings, INC. (FLUX) |
| Form Type | 8-K |
| Filed Date | Feb 14, 2025 |
| Risk Level | low |
| Pages | 5 |
| Reading Time | 6 min |
| Key Dollar Amounts | $0.001, $1,000,000, $500,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: financial-reporting, 8-k
TL;DR
Flux Power Holdings dropped an 8-K on Feb 14th detailing their financials. Check it out.
AI Summary
Flux Power Holdings, Inc. filed an 8-K on February 14, 2025, reporting on its results of operations and financial condition. The filing includes financial statements and exhibits, with the company's principal executive offices located at 2685 S. Melrose Drive, Vista, California.
Why It Matters
This 8-K filing provides investors with updated financial information and operational results for Flux Power Holdings, Inc.
Risk Assessment
Risk Level: low — This filing is a routine disclosure of financial information and does not indicate any immediate or significant risks.
Key Players & Entities
- Flux Power Holdings, Inc. (company) — Registrant
- February 14, 2025 (date) — Date of earliest event reported
- 2685 S. Melrose Drive, Vista, California (location) — Principal executive offices
- Nevada (jurisdiction) — State of incorporation
- 001-31543 (identifier) — Commission File Number
FAQ
What is the primary purpose of this 8-K filing?
The primary purpose of this 8-K filing is to report on Flux Power Holdings, Inc.'s Results of Operations and Financial Condition, and to include Financial Statements and Exhibits.
When was the earliest event reported in this filing?
The earliest event reported in this filing was on February 14, 2025.
Where are Flux Power Holdings, Inc.'s principal executive offices located?
Flux Power Holdings, Inc.'s principal executive offices are located at 2685 S. Melrose Drive, Vista, California, 92081.
In which state was Flux Power Holdings, Inc. incorporated?
Flux Power Holdings, Inc. was incorporated in Nevada.
What is the Commission File Number for Flux Power Holdings, Inc.?
The Commission File Number for Flux Power Holdings, Inc. is 001-31543.
Filing Stats: 1,387 words · 6 min read · ~5 pages · Grade level 16.8 · Accepted 2025-02-14 17:05:11
Key Financial Figures
- $0.001 — nge on which registered Common Stock, $0.001 par value FLUX Nasdaq Capital Marke
- $1,000,000 — n increase in net loss of approximately $1,000,000 and $500,000 for the three and six mont
- $500,000 — et loss of approximately $1,000,000 and $500,000 for the three and six months ended Dece
Filing Documents
- form8-k.htm (8-K) — 45KB
- 0001493152-25-006952.txt ( ) — 215KB
- flux-20250214.xsd (EX-101.SCH) — 3KB
- flux-20250214_lab.xml (EX-101.LAB) — 33KB
- flux-20250214_pre.xml (EX-101.PRE) — 22KB
- form8-k_htm.xml (XML) — 3KB
02
Item 2.02 Results of Operations and Financial Condition. On February 14, 2025, Flux Power Holdings, Inc. (the "Company") disclosed on a Form 12b-25 (the "Form 12b-25") filed with the Securities and Exchange Commission (the "SEC") that it will be unable to file its Quarterly Report on Form 10-Q for the quarter ended December 31 2025 (the "December Form 10-Q") within the prescribed time period without unreasonable effort or expense due to (i) the delay in filing its Annual Report on Form 10-K for the fiscal year ended June 30, 2024 (the "Form 10-K") resulting from the late completion of its audited financial statements for the fiscal year ended June 30, 2024, restatements of its audited consolidated financial statements for the fiscal years ended June 30, 2023 and 2022, and related restatements of unaudited consolidated interim financial statements within the fiscal years ended June 30, 2024, 2023 and 2022 ("Restated Financial Statements"), (ii) the pending completion of the unaudited financial statements for the quarterly period ended September 30, 2024 and filing of its Quarterly Report on Form 10-Q for the period ended September 30, 2024 (the "September Form 10-Q"), and (iii) the recent engagement with a new independent registered public accounting firm for the fiscal year ending June 30, 2025. The Company completed the restatement process and filed the Form 10-K with the SEC on January 29, 2025. The Form 10-K included the audited financial statements for the fiscal year ended June 30, 2024 and the Restated Financial Statements, which restatements resulted from errors relating primarily to inventory, untimely account reconciliation, exclusion of certain product warranty-related expenses within the proper periods, and incorrect presentation of non-cash debt issuance costs on the statement of cash flows as disclosed in the Form 10-K. The foregoing has caused a delay in the Company's preparation and completion of its unaudited financial statements necessary to pr
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits Exhibit Exhibit Description 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 2
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Flux Power Holdings, Inc. a Nevada corporation By: /s/ Ronald F. Dutt Ronald F. Dutt, Chief Executive Officer Dated: February 14, 2025 3