0001437749-26-004337
SEC filingEmerson Radio Corp. (MSN) reported Q3 2026 results for the period ending December 31, 2025, with revenue of $1.9M, reflecting ongoing challenges in its consumer electronics business. The company posted an operating loss of -$826K, driven by cost of sales at $1.7M and SG&A expenses of $1.0M, totaling $2.7M in costs exceeding revenue. Interest income of $132K partially offset losses, resulting in a pre-tax loss of -$694K and net loss of -$694K, with no tax provision. Basic and diluted loss per share was -$0, based on 21.0M shares. Balance sheet remains strong with total assets of $20.1M, including $4.2M cash, $9.1M short-term investments, and $19.6M current assets, against $1.5M total liabilities, yielding $18.6M shareholders' equity. Cash flow showed net operating cash use of -$2.8M due to inventory buildup of -$495K and income taxes payable reduction of -$668K, offset by $5.8M investing inflow from short-term investment sales netting $14.9M proceeds minus $9.1M purchases, driving a $3.0M cash increase. No prior period comparisons disclosed. Liquidity supports operations amid revenue pressures.
Emerson Radio Corp. reported Q3 2026 results ending December 31, 2025, with revenue of $1.9M. Cost of sales was $1.7M and selling, general, and administrative expenses totaled $1.0M, resulting in total costs of $2.7M and an operating loss of -$826K. Interest income, net of $132K reduced the pre-tax loss to -$694K. With no provision for income taxes, net loss was -$694K. Basic and diluted loss per share was -$0, based on 21.0M weighted average shares. Total assets stood at $20.1M, with strong liquidity from $4.2M cash and $9.1M short-term investments. Shareholders' equity was $18.6M against $1.5M liabilities. No prior quarter or year comparisons provided in the filing. Cash increased by $3.0M, ending at $4.2M.
Revenue for the quarter was $1.9M. No segment breakdown, product details, geographic mix, or growth drivers disclosed in the XBRL data or document content. Licensing receivable was $42K, but no further revenue composition provided.
Gross profit, calculated as revenue of $1.9M minus cost of sales $1.7M, was $0.2M, implying a gross margin of approximately 10.5%. Operating margin was negative at -43.5% due to operating loss of -$826K on $1.9M revenue. SG&A expenses of $1.0M represented over 52% of revenue. No prior period margin trends or cost structure changes disclosed.
Net cash used in operating activities was -$2.8M, driven by net loss -$694K, inventory increase -$495K, and income taxes payable decrease -$668K, partially offset by accounts payable increase $360K and non-cash lease expense $106K. Investing activities provided $5.8M from short-term investment sales of $14.9M net of $9.1M purchases. Financing activities used -$1K. Balance sheet shows $19.6M current assets, $1.3M current liabilities, low debt with minimal lease liabilities, and no significant debt disclosed. Liquidity position strong with $13.3M in cash and equivalents plus short-term investments.
No management guidance, strategic priorities, or risk factors explicitly disclosed in the provided filing content.