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Lifeloc Technologies reported a net loss of $2.5 million for FY 2025, a significant increase from a $1.1 million loss in FY 2024. Total revenues grew 6% to $9.0 million, driven by product sales of $9.0 million, while royalties increased to $52K and rental income decreased to $17K. Gross profit improved 6% to $3.6 million, maintaining a 40% gross margin. However, operating expenses of $4.9 million resulted in an operating loss of $1.2 million. The company's cash position declined to $746K, with net cash used in operating activities of $499K. Key developments include progress on the SpinDetect™ platform with expected commercial launch in 2026 and the termination of the ELST merger agreement in February 2026.
EPS
-$0.90
Revenue
$9.0M
Net Income
-$2.5M
Gross Margin
40.0%
Gross Profit
$3.6M
Operating Income
-$1.2M
operating margin
-13.6%