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Flux Power Holdings, Inc. (NASDAQ: FLUX) reported its financial results for the fiscal third quarter ended March 31, 2024. Revenue decreased by 4% to $14.5 million, gross profit was down 7% to $4.4 million, and adjusted EBITDA loss was $1.4 million. The CEO highlighted growth in manufacturing, initiatives to improve gross margins, and a backlog of $18.5 million with over $100 million in potential orders. Key appointments include a new CFO and a board director. Cash was $1.3 million on March 31, 2024, with an available credit facility of up to $20 million. The company addressed an EBITDA covenant default and is working towards filing the 10-Q by May 13, 2024. Continued focus on sales, marketing, and expanding product lines to drive growth.