BOXL · XBRL financial data

Boxlight financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (BOXL's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue from contracts with customers	54,891	185,177	221,781	176,721	135,893	109,246
Cost of goods and services sold	45,023	138,652	156,913	113,419	88,952	75,617
Gross profit	9,868	46,525	64,868	63,302	46,941	33,629
Research and development	1,419	1,826	2,482	3,155	4,126	4,269
General and administrative	21,157	47,270	59,337	61,252	62,285	35,454
Total operating expenses	22,576	49,096	61,819	89,602	66,411	50,003
Operating income (loss)	(12,708)	(2,571)	3,049	(26,300)	(19,470)	(16,374)
Interest expense	2,815	3,382	9,923	10,840	—	—
Other income (expense)	129	(20)	(267)	(417)	(727)	1,075
Income tax expense (benefit)	(832)	3,310	49	1,866	(1,909)	(920)
Net income (loss)	(16,152)	(13,802)	(3,743)	(39,156)	(28,335)	(23,810)
Earnings per share, basic USD per share	(0.39)	(0.23)	(0.07)	(4.28)	(15.11)	(39.74)
Earnings per share, diluted USD per share	(0.39)	(0.23)	(0.07)	(4.28)	(15.11)	(39.74)
Weighted average shares, basic thousands of shares	42,198	58,849	69,153	9,455	1,959	631
Weighted average shares, diluted thousands of shares	42,198	58,849	69,153	9,455	1,959	631

Fiscal years (BOXL's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	13,460	17,938	14,591	17,253	8,007	9,370
Accounts receivable	20,869	29,573	31,009	29,523	18,325	15,358
Inventory	20,913	51,591	58,211	44,131	43,265	38,126
Prepaid and other current assets	6,161	9,444	7,433	9,471	8,785	6,624
Total current assets	61,403	108,546	111,244	100,378	78,382	69,478
Property and equipment, net	562	1,073	1,733	2,477	2,134	1,770
Right-of-use asset	—	—	4,350	8,846	8,055	7,009
Goodwill	22,742	26,037	25,092	0	0	—
Total assets	139,953	201,436	195,395	158,571	115,305	97,543
Accounts payable	10,704	25,714	30,719	27,448	20,703	—
Accrued liabilities	3,180	6,440	5,306	5,106	3,164	5,454
Current portion of long-term debt	—	9,804	845	1,037	37,148	1,274
Total current liabilities	40,392	54,748	48,475	46,232	77,040	42,852
Long-term debt	—	42,137	43,778	39,134	0	32,877
Lease liability, non-current	—	—	2,457	7,282	6,428	5,650
Total liabilities	66,609	119,626	114,993	113,311	99,692	96,288
Accumulated deficit	(47,498)	(61,300)	(65,043)	(104,275)	(132,610)	(156,420)
Total stockholders' equity	44,467	53,301	51,893	16,751	(12,896)	1,255
Total liabilities and equity	139,953	201,436	195,395	158,571	115,305	97,543
Common shares outstanding (cover page) thousands of shares	56,741	65,522	74,775	9,728	2,228	3,402

Fiscal years (BOXL's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	(16,152)	(13,802)	(3,743)	(39,156)	(28,335)	(23,810)
Stock-based compensation	1,628	4,060	3,313	3,131	1,389	269
Depreciation and amortization	—	—	9,129	8,859	20,529	10,280
Net cash from operating activities	(4,664)	(2,330)	1,190	11,581	(439)	(3,335)
Purchases of property and equipment	—	—	—	—	506	102
Net cash from investing activities	45,318	(34,008)	(1,206)	(1,321)	(506)	(102)
Proceeds from issuing common stock	42,718	428	84	0	—	—
Proceeds from long-term debt	—	58,500	2,500	0	—	—
Repayments of long-term debt	—	—	11,141	6,755	5,622	5,553
Net cash from financing activities	65,578	41,148	(5,126)	(8,011)	(7,140)	3,393
Net change in cash	12,287	4,478	(3,347)	2,662	(9,246)	1,363

SIC 8200 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 8200 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($K)	Revenue, quarter ($K)	Operating cash flow, quarter ($K)	Shares outstanding	Runway	Quarter
Boxlight	4,302	25,918	(2,423)*	667,393	1.8 quarters	Q2 FY26 10-QJun 30, 2026
Ambow Education Holding	4,469	2,393	1,067*	not reported	—	Q2 FY26 10-QJun 30, 2026
Kun Peng International	6.6	31	(12)*	40.0M	0.6 quarters	Q3 FY26 10-QJun 30, 2026
Kidz AI	5,879	482	(849)*	not reported	6.9 quarters	Q2 FY26 10-QJun 30, 2026
PCS Edventures!	2,648	1,741	24	9.7M	—	Q1 FY27 10-QJun 30, 2026
Exousia Bio	0	not reported	0*	52.5M	—	Q3 FY26 10-QFeb 28, 2026
Exceed World	7,593	1,091*	not reported	not reported	—	Q4 FY25 10-KSep 30, 2025

Not investment advice. Not affiliated with the U.S. SEC.