Lifeloc Technologies, INC 10-K annual reports

Lifeloc Technologies, Inc. reported a significantly increased net loss for fiscal year 2025, driven by strategic investments in its SpinDetect platform and higher interest expenses, despite a modest revenue increase.

Lifeloc Technologies experienced a net loss in fiscal year 2024, primarily due to decreased product sales and increased research and development expenses related to the SpinDx project.

Lifeloc Technologies achieved profitability in 2023, marking a significant turnaround from the previous year's losses, driven by increased product sales and strategic investments in research and development.