Lantronix INC 8-K filings

Lantronix has entered into a sales agreement to sell up to $30 million of its common stock through an at-the-market offering program.

Lantronix announced its third fiscal quarter 2026 financial results, reporting $30.2 million in net revenue and $0.04 in non-GAAP EPS, while increasing its full-year drone revenue expectation to $10-$14 million.

Lantronix reported fiscal second quarter 2026 financial results within guidance, driven by strong Edge AI execution and a significant increase in drone revenue expectations.

Lantronix, Inc. announced an amendment to its Chief Financial Officer Brent Stringham's compensation agreement, increasing his annual base salary to $375,000, effective January 1, 2026.

Lantronix, Inc. announced the results of its 2025 Annual Meeting, where stockholders elected six directors, ratified Baker Tilly US, LLP as auditors, and approved executive compensation and annual frequency for future advisory votes.

Lantronix reported strong fiscal first quarter 2026 financial results, with revenue and non-GAAP EPS at the high end of guidance, driven by growth in drone OEM engagements and new Edge AI solutions.

Lantronix reported Q4 fiscal 2025 net revenue of $28.8 million and non-GAAP EPS of $0.01, highlighting strategic transformation and new design wins.

Lantronix, Inc. and its subsidiaries entered into a new $15 million revolving credit facility with Silicon Valley Bank to refinance existing debt and support working capital.

Lantronix, Inc. announced the expansion of its Board of Directors from five to six members and the appointment of James C. Auker as a new independent non-employee director, effective July 8, 2025.

Lantronix Inc. has entered into a cooperation agreement with an activist investor group, leading to the appointment of James C. Auker to its Board of Directors and a commitment to evaluate strategic alternatives, including a potential sale of the company.

Lantronix expands its board of directors from four to five members, appointing Dr. Sailesh Chittipeddi as an independent director effective May 6, 2025.

Lantronix announces its Q3 fiscal year 2025 results, reporting revenue within its guidance range and highlighting its strategic focus on AI Edge Intelligence despite a complex macroeconomic environment.

Lantronix promotes Kurt Hoff to Chief Revenue Officer and Mathi Gurusamy to Chief Product and Strategy Officer, increasing their annual base salaries to $375,000, effective April 1, 2025.

Eric Bass steps down as Vice President of Engineering and Research & Development at Lantronix, effective February 7, 2025, but will remain with the company in a non-officer role.

Lantronix announces its Q2 Fiscal 2025 results, reporting net revenue of $31.2 million and a strategic focus on Edge AI and key vertical markets.

Philip Brace resigns from Lantronix's Board of Directors to assume the role of CEO at Skyworks Solutions Inc.

Lantronix has appointed Brent Stringham, previously interim CFO and Chief Accounting Officer, as its new Chief Financial Officer, effective January 6, 2025.

Lantronix is set to acquire NetComm's enterprise IoT business for $6.5 million, enhancing its 5G offerings and expanding its customer base.

Lantronix stockholders approved an increase in shares available under the 2020 Performance Incentive Plan and elected five directors at their 2024 Annual Meeting.

Lantronix, Inc. announces that board member Christa Steele will not seek re-election at the upcoming 2024 annual meeting, reducing the board size to five directors.

Lantronix has appointed Brent Stringham as Interim CFO following the resignation of Jeremy Whitaker, while also engaging David McLennan for advisory support during the transition.

Lantronix reported record revenue for both the fourth quarter and full fiscal year 2024, driven by strong growth in its IoT System Solutions and Out-of-Band Management products.

Lantronix has entered into a cooperation agreement with 180 Degree Capital, resulting in the nomination of two new directors to the board and other governance changes.

Lantronix has increased the base salaries of its CFO and VP of Engineering and entered into a new Change in Control Agreement with the CFO.

Lantronix reported record revenue of $41.2 million for the third quarter of fiscal year 2024, marking a 25% increase year-over-year and an 11% sequential increase.

Lantronix's Vice President of Worldwide Sales, Roger Holliday, will step down from his position on February 29, 2024, transitioning to a non-officer role to support the company until September 30, 2024.

Lantronix reported record revenue of $37 million for the second quarter of fiscal year 2024, marking an 18% increase year-over-year and a 12% increase sequentially.

Lantronix has appointed Christa Steele as an independent director, increasing the board size to six members, effective January 24, 2024.