Boxlight Corporation reported third quarter 2025 revenue of $29.3 million, a decrease of 19.2% compared to the prior year quarter and a 4.9% decrease from the previous quarter. Gross profit margin declined to 29.1% from 33.8% in the same period last year. The company recorded a net loss of $6.2 million, compared to a net loss of $3.1 million in the prior year quarter. Adjusted EBITDA was $(0.4) million, down by $2.6 million year over year. Boxlight ended the quarter with $11.8 million in cash and $1.5 million in working capital, and had $36.7 million in debt, net of debt issuance costs. During the quarter, the company launched CL Totem digital signage in North America, raised $3.6 million from a stock offering, $1.9 million from warrant exercises, and regained compliance with Nasdaq listing requirements. The company was not in compliance with certain financial covenants under its Credit Agreement at the quarter's end.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Boxlight Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-25-049914), on November 06, 2025, and is solely responsible for the information contained therein.
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