GFLT
GenFlat Holdings, Inc.10.42
+0.00+0%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
112.35MP/E (TTM)
-Basic EPS (TTM)
-0.32Dividend Yield
0%Recent Filings
10-Q
Q2 FY2026 results
GenFlat Holdings narrowed Q2 FY2026 operating loss to $424,796 from $844,391 y/y, thanks to slashed G&A from lower stock-based comp, while cost of revenue dropped 59% to $21,846 on rental inventory depreciation. Six-month revenue slipped 22% y/y to $6,120, yet operating loss shrank 65% to $925,210 versus prior year, with gross loss improving 62% as R&D vanished. Cash burned $464K in operations but financing delivered $432K, leaving $17K on hand amid $847K total debt—mostly related-party notes at 2.5-9%, some maturing 2026. Losses reconcile; EPS checks against 10.8M shares. Subsequent $6.5M public offering bolsters liquidity. Commercial traction lags.
8-K
Closed $7M offering, nets $6.46M
GenFlat Holdings closed its public offering on February 4, 2026, selling 2,333,333 shares at $3.00 each to Craig-Hallum for $7.0 million gross, netting $6.46 million after fees. Funds target working capital and repaying $550,000 in short-term loans. It issued the underwriter a warrant for 116,666 shares at $3.45, exercisable from August 2026 to 2031. Cash bolsters early-stage operations, yet dilutes shareholders.
8-K
Exec agreements amended
GenFlat Holdings amended employment agreements on December 30, 2025, for President Garrett Hall and new CCO Matthew Albanese and CFO William Benz, effective post-public offering. Hall's salary jumps from $150,000 to $275,000; others start at $275,000, with 3% sales commissions, bonuses up to $137,500, and equity grants—330,000 RSUs each for Hall and Albanese, 100,000 options for Benz—vesting by February 2026. Leadership bolsters shipping expertise. All get six months' severance without cause.
10-Q
Q1 FY2026 results
GenFlat Holdings posted Q1 FY2026 revenue of $6,120, down 22% y/y from $7,894, yet slashed operating loss to $500K from $1.8M through 71% lower G&A—mainly stock-based comp dropping from $1.5M. Gross loss narrowed to $15K from $45K as rental inventory depreciation fell to $18.7K. Diluted EPS improved to $(0.05) from $(0.17) on 10.7M shares, consistent with net loss. Cash burned $228K from operations, offset by $210K related-party notes (total debt $268K at 2.5-9%, maturities to 2027); ended with $32K cash. Losses persist. Related-party debt dominates funding.
8-K
Exec hires, resignation, board expansion
GenFlat Holdings inked new employment deals on September 24, 2025, for CEO Drew Hall at $275,000 base post-IPO (up from $180,000) and President Garrett Hall at $275,000 (up from $150,000), both with up to $137,500 bonuses tied to objectives. COO Joseph Maggio resigned immediately, while the board named Matthew Albanese as Chief Commercial Officer and William Benz as CFO, effective post-IPO, alongside four new directors with logistics and finance expertise to expand the board to five. These shifts, including bylaws tweaks and a fresh code of ethics, signal gearing up for public markets. Leadership turnover brings risks.
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