AI-generated analysis. Always verify with the original filing.
Mobix Labs, Inc. reported a net loss of $10.1 million for Q1 2026, driven by an operating loss of $8.8 million. Revenue for the quarter was $1.9 million with a gross profit of $581 thousand, resulting in a gross margin of 30.6%. The company's operating expenses totaled $9.4 million, dominated by selling, general and administrative expenses of $9.0 million. Cash flow from operations was negative $4.8 million, partially offset by $1.8 million in financing activities, leading to a net decrease in cash of $3.0 million. The balance sheet shows total assets of $32.7 million against total liabilities of $28.1 million, with stockholders' equity of $4.7 million. The company's liquidity position remains constrained with $268 thousand in cash and $25.2 million in current liabilities.
EPS
-$0
Revenue
$1.9M
Net Income
-$10.1M
Gross Margin
30.6%
Gross Profit
$581K
Operating Income
-$8.8M
operating margin
-463.2%