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LTRX - Lantronix, Inc.

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Lantronix, Inc.

LTRX

NASDAQ

Lantronix, Inc. provides software as a service (SaaS), engineering services, and hardware for edge computing, the Internet of Things (IoT), and remote environment management (REM) in the Americas, Europe, the Middle East, Africa, and the Asia Pacific Japan. The company's IoT products include IoT Connectivity, which provide wired and wireless connections that enhance the value and utility of modern electronic systems and equipment through secure network connectivity, power for IoT end devices through Power over Ethernet, application hosting, protocol conversion, media conversion, secure access for distributed IoT deployments, and various other functions; IoT Compute, such as application processing delivering compute to meet customer needs for data transformation, computer vision, machine learning, augmented/virtual reality, audio/video aggregation and distribution, and custom applications; and IoT Telematics, which provides power efficient products designed to support communications across interfaces and industrial protocols for vehicle, fleet, and asset tracking and management. It also offers network switches, media converters, power over ethernet, NICS and optical SFPs, system on modules, single board computers, and development kits; and services for mechanical, hardware, and software engineering for camera, audio, and artificial intelligence/machine learning development, as well as xPrintServer. In addition, the company's REM products include out-of-band management, console management, power management, and IP connected keyboard-video-mouse products that offers remote access to IT and networking infrastructure deployed in test labs, data centers, branch offices, remote sites, and server rooms. Further, its SaaS platform enables customers to deploy, monitor, manage, and automate across their global deployments through a single platform login. Lantronix, Inc. was founded in 1989 and is headquartered in Irvine, California.

2.71 USD

0.11 (4.06%)

LTRX Financial Statements

Quarter

2025 Q2

2025 Q1

2024 Q4

2024 Q3

Total Revenue

31.16M

34.42M

49.08M

41.18M

Cost of Revenue

17.88M

19.95M

32.1M

25.99M

Gross Profit

13.28M

14.47M

16.97M

15.19M

Operating Expenses

15.44M

16.6M

15.88M

14.94M

Research and Development

4.98M

4.96M

5.19M

5.19M

Selling, General & Administrative Expenses

8.46M

9.14M

10.69M

9.75M

Selling & Marketing Expenses

494k

466k

768k

543k

General & Administrative Expenses

7.97M

8.68M

9.92M

8.86M

Other Expenses

2M

2.5M

9k

2k

Operating Income

-2.16M

-2.13M

1.09M

255k

Total Other Income/Expenses Net

-118k

-156k

-689k

-519k

Income Before Tax

-2.28M

-2.28M

399k

-264k

Income Tax

94k

218k

13k

159k

Net Income

-2.37M

-2.5M

386k

-423k

Basic EPS

-0.06

-0.07

0.01

-0.01

EPS Diluted

-0.06

-0.07

0.01

-0.01

Basic Average Shares

38.63M

38.02M

37.7M

37.51M

Diluted Average Shares

38.63M

38.02M

38.1M

37.51M

EBITDA

-2.16M

-371k

2.96M

1.79M

Retained Earning Schedule

Quarter

2025 Q2

2025 Q1

2024 Q4

2024 Q3

Retained Earnings (Previous Year)

-225.52M

-223.02M

-223.41M

-222.98M

Net Income

-2.37M

-2.5M

386k

-423k

Stock Repurchases

0

0

0

0

Dividend Paid

0

0

0

0

Retained Earnings

-227.9M

-225.52M

-223.02M

-223.41M

Other Distributions

-2.37M

-2.5M

386k

-423k

PPE Schedule

Quarter

2025 Q2

2025 Q1

2024 Q4

2024 Q3

Gross PPE

12.59M

12.81M

13.58M

14.54M

Annual Depreciation

0

1.79M

1.88M

1.88M

Capital Expenditure

-84k

-157k

-154k

-136k

Net PPE

12.67M

11.17M

11.86M

12.79M

Intangible and Goodwill Schedule

Quarter

2025 Q2

2025 Q1

2024 Q4

2024 Q3

Acquisitions and Adjustments

2.67M

0

0

0

Goodwill (Previous Year)

27.82M

27.82M

27.82M

27.82M

Goodwill

30.49M

27.82M

27.82M

27.82M

All figures are in USD.

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