FLUX: the balance sheet

MyFinsight

For the quarter ending 2025-12-31, FLUX has $30,112K in assets. $22,576K in debts.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Balance Sheets	2025-12-31	2025-09-30	2025-06-30
Cash	928	1,588	1,334
Accounts receivable, net of allowance for credit losses of 44,000 and 68,000 at december 31, 2025 and june 30, 2025, respectively	8,506	7,497	11,374
Inventories, net	15,705	15,726	17,231
Other current assets	2,486	2,146	1,865
Total current assets	27,625	26,957	31,804
Right of use assets, net	973	1,125	1,275
Property, plant and equipment, gross	-	-	5,223
Less accumulated depreciation	-	-	3,669
Property, plant and equipment, net	1,419	1,505	1,554
Other assets	95	108	119
Total assets	30,112	29,695	34,752

Accounts payable	10,194	13,739	16,295
Accrued expenses	6,019	7,504	7,058
Line of credit	4,740	9,935	13,627
Subordinated debt	-	-	1,000
Deferred revenue	141	129	459
Customer deposits	56	38	38
Finance leases payable, current portion	122	90	80
Office leases payable, current portion	814	651	815
Accrued interest	40	83	246
Total current liabilities	22,126	32,169	39,618
Finance leases payable, less current portion	26	36	32
Office leases payable, less current portion	101	470	506
Deferred revenue, less current portion	323	340	-
Total liabilities	22,576	33,015	40,156
Common stock, 0.001 par value 75,000,000 shares authorized 21,340,135 and 16,835,698 shares issued and outstanding at december 31, 2025 and june 30, 2025, respectively	21	17	17
Additional paid-in capital	115,862	105,611	100,965
Accumulated deficit	-108,347	-108,948	-106,386
Total stockholders equity (deficit)	7,536	-3,320	-5,404
Total liabilities and stockholders equity (deficit)	30,112	29,695	34,752

Unit: Thousand (K) dollars