Welcome to our dedicated page for Guerrilla RF SEC filings (Ticker: GUER), 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.
This page provides access to Guerrilla RF, Inc. (OTCQX: GUER) SEC filings, offering detailed insight into the company’s financial condition, operations, and material events. As a reporting company, Guerrilla RF files annual reports on Form 10-K, quarterly reports on Form 10-Q, and current reports on Form 8-K with the U.S. Securities and Exchange Commission.
In its periodic reports, Guerrilla RF discloses product revenue, gross profit, operating expenses by function (research and development, sales and marketing, general and administrative), operating loss, net loss, cash flows, and balance sheet information. These filings also describe non-GAAP measures such as contribution margin, EBITDA, and Adjusted EBITDA, with reconciliations to the most directly comparable GAAP measures, and discuss key metrics including product backlog, number of products released, total products in production, and products that have exceeded specified lifetime revenue thresholds.
Current reports on Form 8-K capture significant corporate events, such as earnings releases and material definitive agreements. For example, Guerrilla RF has filed 8-Ks related to quarterly financial results and amendments to its primary loan agreement, including changes to principal repayment schedules and maturities. These documents provide context on the company’s capital structure, debt arrangements, and management’s view of financing developments.
On Stock Titan, SEC filings for GUER are updated as new documents are posted to the EDGAR system. AI-powered summaries can help explain the contents of lengthy filings, highlight important changes in financial metrics, and point out notable disclosures about liquidity, indebtedness, equity issuances, and other key topics. Users can review Forms 10-K, 10-Q, 8-K, and related exhibits, as well as monitor filing activity over time to better understand Guerrilla RF’s business and regulatory reporting history.
Guerrilla RF, Inc. is asking stockholders to vote at its June 3, 2026 virtual annual meeting on electing two Class II directors and ratifying Forvis Mazars, LLP as independent auditor for 2026. Only holders of 10,642,735 common shares and 22,000 preferred shares as of April 6, 2026 may vote.
The board is staggered into three classes and has nine members, with Ryan Pratt serving as both CEO and Chairman and James (Jed) Dunn as lead independent director. The proxy outlines director independence, committee structures, executive and director pay, equity plans, major shareholders, and recent related-party financings, including the 2024 private placements and amendments to the Salem loan facility.
Guerrilla RF, Inc. is a fabless semiconductor company focused on high‑performance RF integrated circuits for wireless infrastructure, automotive, and a range of catalog markets such as satellite navigation, cellular repeaters, and defense communications. It designs in‑house but outsources wafer fabrication, assembly, and test to partners in Taiwan, Singapore, Malaysia, and the U.S.
For the year ended December 31, 2025, the company recorded an operating loss of $4.7 million and a net loss of $7.0 million, compared with a net loss of $10.8 million in 2024. As of that date it had an accumulated deficit of $60.8 million and cash of $4.2 million, and management expects continued net losses and negative cash flow in the near term even though operating results turned modestly positive in late 2025.
R&D spending was $8.6 million in 2025, supporting 20 new products and bringing its catalog to 183 products. The business is highly concentrated: one major distributor accounted for 65% of 2025 revenue and the top three end customers represented 36%. The filing highlights risks around the need for additional capital, restrictive terms tied to a 2024 Series A preferred financing with North Run, prior internal control weaknesses now remediated, supply‑chain dependence on a small number of foundries and assemblers, intense industry competition, and exposure to macroeconomic and geopolitical volatility.
Guerrilla RF, Inc. reported a major financial inflection point for Q4 and full year 2025, highlighted by record quarterly revenue of $6.7 million, up 53% year over year. The company achieved operating profitability and generated positive operating cash flow in the fourth quarter.
Disciplined cost controls drove leverage: research and development expenses fell about 24% for the quarter and 12% for the year versus 2024, while administration expenses declined 43% for the quarter and 19% for the year. Total operating expenses fell by $1.4 million compared to Q4 2024 and by $2.1 million for the full year.
As of December 31, 2025, the company held $4.2 million in cash. Operationally, Guerrilla RF ended 2025 with 183 total production-released products and 83 products with lifetime revenue above $100,000. Product backlog was $6.3 million, up from $5.4 million a year earlier, supporting management’s goal of achieving full-year profitability in 2026.
Guerrilla RF, Inc. entered into Amendment No. 3 to its Amended and Restated Loan Agreement with its primary lender, Salem Investment Partners V, Limited Partnership, on December 30, 2025. In light of what it describes as improved operating performance and progress on strategic and financial initiatives during 2025, the lender agreed to extend the loan term by 12 months and revise the principal repayment schedule to payments of $200,000 on 12/31/2026, $1.5 million on 12/31/2027, $1.5 million on 12/31/2028, and $1.3 million on 12/31/2029. The amendment also adds a 1% fee of $45,000 payable to Salem at loan maturity. Management characterizes this amendment as a constructive development that reflects disciplined execution of its business plan and proactive balance sheet management.
Guerrilla RF, Inc. (GUER) reported an insider equity update for its Chief Operating Officer on a Form 4. Following the reported transactions, the officer directly owns 19,380 shares of common stock. In derivative securities, the officer holds 25,000 stock options granted on 11/17/2025 at an exercise price of $3.05 per share, expiring on 11/17/2035. Each restricted stock unit (RSU) represents one share of common stock, including 4,167 RSUs that vest on 1/1/2026 and 11,793 RSUs that vest in two tranches on 1/1/2026 and 1/1/2027, all subject to continued service. The filing also notes fully vested stock options covering 24,590 and 1,774 underlying common shares with expirations in 2029 and 2030.
Guerrilla RF, Inc. (GUER) reported an insider equity award for its Chief Financial Officer on 11/17/2025. The CFO received 24,590 restricted stock units (RSUs), each representing a right to one share of common stock upon vesting, and 46,534 stock options with an exercise price of $3.05 per share.
The RSUs vest in stages from 1/8/2026 through 1/8/2029, and the options vest on a similar schedule over the same period, in each case conditioned on the executive’s continued service. The options expire on 11/17/2035, while the RSUs have no stated expiration date.
Guerrilla RF, Inc. reported an equity award for its Chief Business Officer on a Form 4. On 11/17/2025, the officer received a stock option for 25,000 shares of common stock with an exercise price of $3.05 per share, expiring on 11/17/2035. Following the reported transactions, the officer beneficially owns 14,229 shares of common stock directly and has an indirect interest in 4,804 shares held by Ninth Technology, LLC. The officer also holds several equity-based awards, including restricted stock units covering 4,167 and 11,793 shares of common stock that vest on specified future dates, and other previously granted stock options, some of which have already vested and others that vest over time, all subject to continued service.
Guerrilla RF, Inc. (GUER) reported an insider equity award for its Chief Executive Officer, who is also a director. On 11/17/2025, the reporting person received stock options to purchase 50,000 shares of common stock directly and options on 330 shares held indirectly by a spouse, all with an exercise price of $3.05 per share and an expiration date of 11/17/2035. These options vest over several years beginning in 2026, with portions vesting on 5/21/2026 and then monthly through 4/21/2029, and a final tranche on 5/21/2029, subject to continued service. The filing also shows existing holdings of common stock, restricted stock units, options, and warrants held directly, by a spouse, and by several trusts for the benefit of the reporting person’s children.
Guerrilla RF, Inc. filed its Q3 2025 report showing higher sales and a much smaller loss. Revenue reached $6,288,310 for the quarter, up from $4,523,700 a year ago. Gross profit was $4,245,037. Operating loss narrowed to $198,361 from $2,609,801, and net loss improved to $644,972 from $7,201,565.
Cash was $4,019,417 as of September 30, 2025. Working capital was $1,9 million. Total liabilities were $16,220,915. The company reported warrant liabilities of $842,348 at quarter-end. Shares outstanding were 10,577,505 as of November 6, 2025; this is a baseline figure, not the amount being offered.
Management highlighted cost reduction measures and expects these actions to improve cash use and margins. The Spectrum loan facility had $1.1 million drawn, and the Salem loan facility principal was $4.5 million at a 12% rate. Series A convertible preferred stock remained at 22,000 shares outstanding.
Guerrilla RF, Inc. (GUER) furnished an 8-K announcing its Q3 2025 results release. The company reported that it issued an earnings release for the quarter ended September 30, 2025, with the full release provided as Exhibit 99.1.
The materials include forward-looking statements with cautionary language and are being furnished, not filed, under the Exchange Act. The exhibit may be incorporated by reference only if specifically referenced in a subsequent filing.