Boxlight Corp
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $109.2M | $135.9M | $176.7M | $221.8M | $185.2M |
| Cost of revenue | $75.6M | $89.0M | $113.4M | $156.9M | $138.7M |
| Gross profit | $33.6M | $46.9M | $63.3M | $64.9M | $46.5M |
| Research and development | $4.3M | $4.1M | $3.2M | $2.5M | $1.8M |
| Operating expenses | $50.0M | $66.4M | $89.6M | $61.8M | $49.1M |
| Operating income | -$16.4M | -$19.5M | -$26.3M | $3.0M | -$2.6M |
| Interest expense | — | — | $10.8M | $9.9M | $3.4M |
| Pretax income | -$24.7M | -$30.2M | -$37.3M | -$3.7M | -$10.5M |
| Income tax expense | -$920,000 | -$1.9M | $1.9M | $49,000 | $3.3M |
| Net income | -$23.8M | -$28.3M | -$39.2M | -$3.7M | -$13.8M |
| Balance Sheet | |||||
| Cash and equivalents | $9.4M | $8.0M | $17.3M | $14.6M | $17.9M |
| Current assets | $69.5M | $78.4M | $103.6M | $111.2M | $108.5M |
| Total assets | $97.5M | $115.3M | $161.8M | $195.4M | $201.4M |
| Current liabilities | $42.9M | $77.0M | $49.4M | $48.5M | $54.7M |
| Total liabilities | $96.3M | $99.7M | $116.5M | $115.0M | $119.6M |
| Total debt | $32.2M | $37.6M | $43.3M | $50.0M | $59.5M |
| Stockholders' equity | $1.3M | -$12.9M | $16.8M | $51.9M | $53.3M |
| Cash Flow Statement | |||||
| Cash from operations | -$3.3M | -$439,000 | $11.6M | $1.2M | -$2.3M |
| Depreciation and amortization | $10.3M | $20.5M | $8.9M | $9.1M | $7.2M |
| Stock-based compensation | $269,000 | $1.4M | $3.1M | $3.3M | $4.1M |
| Capital expenditure | $102,000 | $506,000 | — | — | — |
| Free cash flow | -$3.4M | -$945,000 | — | — | — |
| Impairments | $0 | $0 | $25.2M | $0 | $0 |
Shares outstanding 4.0M · Free float 72.9%
Annual filing data through FY ended December 31, 2025; float as of July 14, 2026.