Welcome to our dedicated page for Boxlight SEC filings (Ticker: BOXL), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Boxlight Corporation filings document the public-company records of a Nevada-based education technology and interactive solutions issuer. The company’s 8-K reports cover operating and financial results, material agreements, inventory finance arrangements, common stock issuances, Nasdaq listing compliance matters, and governance events affecting board composition and independence.
Proxy materials describe annual meeting voting and governance matters for Boxlight stockholders. Other filings record reporting-status items such as Form 12b-25 notices, while capital-structure disclosures address Class A common stock activity and related financing arrangements.
Boxlight Corporation reported flat quarterly revenue of $22.4 million but a sharply higher net loss of $6.5 million for the three months ended March 31, 2026. Gross profit fell as operating expenses and other costs increased, pushing operating loss to $4.9 million.
The company ended the quarter with cash of $6.9 million, total debt of $34.1 million and a stockholders’ deficit of $2.0 million. Management states that recurring losses, a heavy debt load under the Whitehawk credit agreement and refinancing uncertainty raise substantial doubt about Boxlight’s ability to continue as a going concern. Nasdaq has also notified Boxlight that its equity is below the minimum required for continued listing.
Boxlight Corporation reported flat Q1 2026 revenue of $22.4 million, up 0.1% from a year earlier, but significantly weaker profitability. Gross margin fell to 30.9% from 35.9%, and net loss widened to $6.5 million from $3.2 million. Adjusted EBITDA swung from a $0.6 million gain to a $2.8 million loss.
The company ended March 31, 2026 with $6.9 million in cash, $25.3 million in working capital and $34.1 million in debt. Boxlight was not in compliance with borrowing base and Minimum Consolidated Adjusted EBITDA covenants under its Whitehawk Credit Agreement, and lenders granted a limited forbearance for the March and April 2026 periods. Management highlighted cost-structure actions and the launch of the FrontRow Symphony campus communication platform as strategic steps amid industry pricing pressure and tariff-related cost impacts.
Boxlight Corporation is asking shareholders to approve several major governance and financing actions at its 2026 virtual annual meeting. Investors will vote on electing five directors, ratifying Cherry Bekaert LLP as auditor for 2026, and significantly amending the capital structure.
The board seeks to increase authorized Class A common stock from 4,166,667 to 55,000,000 shares, which would enable conversions of existing preferred stock and warrants and allow future equity raises. A separate proposal asks shareholders to pre-approve potential non‑public issuances under Nasdaq rules tied to a planned equity line of credit of up to $15 million, with shares issued at up to a 5% discount and an investor ownership cap of 9.99%. The proxy notes ongoing net losses and states there is substantial doubt about the Company’s ability to continue as a going concern without new capital.
Boxlight Corporation is asking shareholders to approve four principal items at its 2026 Annual Meeting: election of five directors, ratification of Cherry Bekaert LLP as auditor, an amendment to increase authorized Class A shares from 4,166,667 to 55,000,000, and approval to permit non-public issuances equal to 20% or more of outstanding Class A stock (Nasdaq Rule 5635(d)).
The proxy discloses a planned equity line of credit (ELOC) up to $15.0M with up to a 5% VWAP discount, an investor ownership cap of 9.99%, and an expected maximum issuance of ~50,833,334 shares. A 1-for-6 reverse split reduced authorized Class A shares to 4,166,667; shares outstanding were 4,001,707 as of April 22, 2026. The filing notes substantial doubt about the Company’s ability to continue as a going concern.
Boxlight Corporation received a Nasdaq notice that its stockholders’ equity no longer meets the minimum requirement for continued listing on the Nasdaq Capital Market. Nasdaq Listing Rule 5550(b)(1) requires at least $2,500,000 of stockholders’ equity, while Boxlight reported $1,255,000 in its Form 10-K for the period ending December 31, 2025.
The company’s shares continue to trade on Nasdaq while it works to regain compliance. Boxlight has until June 4, 2026 to submit a plan to Nasdaq, which may grant up to 180 days from the notice date to demonstrate compliance. If its plan is not accepted or it cannot regain compliance in time, the stock could face delisting, though Boxlight would be able to appeal any such decision to a Nasdaq Hearings Panel.
Boxlight Corporation files its 2025 annual report describing a diversified portfolio of interactive displays, audio systems, STEM tools, and education software sold into K‑12, corporate, and government markets worldwide.
The company highlights significant financial pressure: revenue fell to $109.2 million for 2025 from $135.9 million in 2024 and it recorded a $25.1 million net loss attributable to common stockholders. Boxlight carries about $32.2 million of secured debt under a complex Credit Agreement and has required multiple amendments, waivers, and bridge loans after breaching leverage, liquidity, and borrowing base covenants. Management discloses substantial doubt about its ability to continue as a going concern unless it improves cash flow, maintains covenant compliance, secures further relief from its lender, or refinances its obligations.
Boxlight Corporation reported mixed results for Q4 and full year 2025. Fourth quarter revenue rose to $26.6 million, up 11.0% from the prior-year quarter, driven by higher sales in the Americas, while the quarterly net loss narrowed to $(9.7) million from $(16.7) million. However, gross margin in Q4 fell to 23.5% from 30.6%, pressured by pricing competition, higher tariffs, and $1.1 million of non-recurring inventory obsolescence charges.
For 2025, revenue declined 19.6% to $109.2 million as global demand for interactive flat-panel displays weakened and pricing pressure increased. Full-year net loss attributable to common shareholders improved to $(25.1) million from $(29.6) million, but Adjusted EBITDA swung from a $4.3 million profit in 2024 to a $(3.5) million loss in 2025. At year-end, Boxlight held $9.4 million in cash, $26.6 million in working capital, and $34.2 million of debt, and total stockholders’ equity was $1.3 million.
The company amended its credit agreement in December 2025, extending the term loan maturity to April 1, 2027, suspending amortization through June 30, 2026, and adding a minimum Consolidated Adjusted EBITDA covenant starting with the period ending March 31, 2026. Boxlight disclosed that it was not in compliance with a borrowing base covenant after year-end but obtained a waiver on March 27, 2026. An inventory finance arrangement with J.J. Astor & Co. allowed up to $9.0 million of inventory funding; $3.7 million was outstanding at December 31, 2025, and on April 1, 2026, $556,200 of this balance was converted into 600,000 common shares at $0.927 per share, with a cash top-up obligation if sale proceeds are below that amount. Management highlighted ongoing cost-alignment efforts, continued R&D investment, and the launch of the FrontRow Symphony™ communication platform as key elements of its 2026 strategy.
Boxlight Corporation amended its inventory finance agreement with J.J. Astor on April 1, 2026, converting $556,200 of outstanding balance into 600,000 shares of common stock at a conversion price of $0.927 per share. The parties also agreed to a “Proceeds Protection” feature, under which Boxlight must pay J.J. Astor any shortfall in cash within five Trading Days if aggregate sale proceeds from the 600,000 conversion shares are below $556,200. The filing notes that Michael Pope, the company’s chairman and former president and chief executive officer, is chief executive officer of J.J. Astor, and that J.J. Astor is beneficially owned by a private investment fund managed by Mr. Pope.
Boxlight Corporation submitted a Form 12b-25 notifying the SEC that its Annual Report on Form 10-K for the year ended December 31, 2025 will be late. The company says additional time was needed to obtain and compile certain required information and expects to file the Annual Report within the fifteen calendar day extension period.
Boxlight Corporation reported that its previously announced Chief Executive Officer and director, Dale Strang, has resigned. His departure from the Board means a majority of Boxlight’s directors are now independent, which brings the company back into compliance with the Nasdaq requirement for a majority independent board of directors.