Lantronix LTRX
Lantronix reported a net loss of $463,000 for fiscal Q1 2027.
Lantronix (LTRX) filed a 10-Q with the SEC on Nov 9, 2026, 5:06 pm ET. Source: the filing on SEC EDGAR.
Quarterly report, 4 new risk factors
- Form
- 10-Q
- Filed
- Importance
- Major
- Accession
- 0001683168-26-008447
- Revenue of $32.37 million for the three months ended Sep 30, 2026.
- Net loss of $463,000 for the three months ended Sep 30, 2026.
- Diluted EPS of -$0.01 for the three months ended Sep 30, 2026.
- Cash and equivalents of $37.62 million as of Sep 30, 2026.
Written from the 10-Q on EDGAR. AI can make mistakes. Check the filing.
What changed since last quarter
4 new risk factors · 3 removed
Compared with the 10-Q for the period ended Mar 31, 2026.
| This filing | Previous | Change vs prior 10-Q | |
|---|---|---|---|
| Revenue | $32.37M | $31.15M | +3.9% |
| Operating income and margin | −$558K · -1.7% | −$392K · -1.3% | −42%, margin −0.4 pts |
| Net income | −$463K | −$269K | −72% |
| Operating cash flow | −$2.51M | $1.93M | −230% |
| Cash | $37.62M | $60.47M | −38% |
New risk factors (4)
- 1 of this Report, and "Management's Discussion and Analysis of Financial Condition and Results of Operations"
- In addition, potentially shifting legislative, regulatory, and oversight priorities of the U.S. Congress following the November 3, 2026 midterm elections may cause our customers and partners to face operational, financial, and compliance challenges, which could adversely impact the revenue we derive from our current…
- The adverse impact of a possible future pandemic or similar outbreak on our business, results of operations and financial condition may be material.
- SVB now operates as First Citizens Innovation Banking, a division of First Citizens Bank ("FCB"). While we were able to regain full access to our deposits with SVB and have taken steps to diversify our banking relationships since then, our loan agreement with FCB currently requires us to hold 75% of our US cash…
Removed risk factors (3)
- A significant decline in government expenditures generally, or with respect to programs for which we provide products, could lead to delays in negotiations of contracts or increased costs and could adversely affect our business.
- OEMs and original design manufacturers. We acquired Maestro, Intrinsyc, the Transition Networks and Net2Edge businesses of Communication
- While we were able to regain full access to our deposits with SVB and have taken steps to diversify our banking relationships since then, our loan agreement with SVB currently requires us to hold 75% of our US cash balances at SVB. Consequently, any future failure of that bank could simultaneously prevent access to… +2 more paragraphs