Encision Reports First Quarter Fiscal Year 2026 Results
Encision Inc. (OTC PINK:ECIA), a medical device company specializing in Active Electrode Monitoring (AEM®) Technology, reported its fiscal 2026 first quarter results ending June 30, 2025. The company posted total net revenue of $1.6 million, comprising $1.49 million in product revenue and $110,000 in service revenue. The quarter resulted in a net loss of $41,000 ($0.00 per share), compared to a net income of $22,000 in the year-ago quarter.
Key financial metrics include a product gross margin of 55%, down from 58% in the previous year's quarter. Operating expenses totaled $898,239, with significant allocations to sales and marketing ($404,601), general and administrative ($328,198), and research and development ($165,440). The company's cash position decreased to $47,918 from $257,433 at the beginning of the fiscal year.
Encision Inc. (OTC PINK:ECIA), azienda di dispositivi medici specializzata nella tecnologia Active Electrode Monitoring (AEM®), ha comunicato i risultati del primo trimestre fiscale 2026, chiuso il 30 giugno 2025. La società ha registrato ricavi netti totali per $1,6 milioni, di cui $1,49 milioni da prodotti e $110.000 da servizi. Il trimestre si è chiuso con una perdita netta di $41.000 (pari a $0,00 per azione), rispetto a un utile netto di $22.000 nello stesso trimestre dell’anno precedente.
I principali indicatori finanziari mostrano un margine lordo sui prodotti del 55%, in calo rispetto al 58% del trimestre dell’anno precedente. Le spese operative sono state pari a $898.239, con voci principali dedicate a vendite e marketing ($404.601), amministrazione generale ($328.198) e ricerca e sviluppo ($165.440). La liquidità disponibile è diminuita a $47.918 dai $257.433 all’inizio dell’esercizio.
Encision Inc. (OTC PINK:ECIA), compañía de dispositivos médicos especializada en la tecnología Active Electrode Monitoring (AEM®), informó sus resultados del primer trimestre fiscal 2026, finalizado el 30 de junio de 2025. La empresa registró ingresos netos totales de $1,6 millones, compuestos por $1,49 millones en ventas de productos y $110.000 en servicios. El trimestre cerró con una pérdida neta de $41.000 ($0,00 por acción), frente a un beneficio neto de $22.000 en el mismo trimestre del año anterior.
Entre los indicadores clave, el margen bruto de productos fue del 55%, frente al 58% del trimestre anterior. Los gastos operativos sumaron $898.239, con partidas principales en ventas y marketing ($404.601), administración general ($328.198) e investigación y desarrollo ($165.440). La posición de efectivo se redujo a $47.918 desde $257.433 al inicio del ejercicio.
Encision Inc. (OTC PINK:ECIA)는 액티브 일렉트로드 모니터링(AEM®) 기술을 전문으로 하는 의료기기 회사로, 2025년 6월 30일로 종료된 2026 회계연도 1분기 실적을 발표했습니다. 회사의 총 순매출은 $1.6백만으로, 제품 매출 $1.49백만과 서비스 매출 $110,000로 구성되었습니다. 해당 분기는 순손실 $41,000(주당 $0.00)을 기록했으며, 전년 동기에는 순이익 $22,000를 기록했습니다.
주요 재무 지표로는 제품 매출총이익률 55%로 전년 동기 58%에서 하락했습니다. 영업비용은 총 $898,239로 집계됐으며, 판매 및 마케팅($404,601), 일반관리($328,198), 연구개발($165,440)에 주로 배분되었습니다. 현금 보유액은 회계연도 시작 시점의 $257,433에서 $47,918로 감소했습니다.
Encision Inc. (OTC PINK:ECIA), société de dispositifs médicaux spécialisée dans la technologie Active Electrode Monitoring (AEM®), a publié ses résultats du premier trimestre fiscal 2026, clos le 30 juin 2025. La société a affiché un chiffre d'affaires net total de 1,6 M$, comprenant 1,49 M$ de ventes de produits et 110 000 $ de services. Le trimestre s'est soldé par une perte nette de 41 000 $ (0,00 $ par action), contre un bénéfice net de 22 000 $ au même trimestre de l'année précédente.
Parmi les indicateurs clés, la
Encision Inc. (OTC PINK:ECIA), ein Medizinprodukteunternehmen, das auf Active Electrode Monitoring (AEM®) Technologie spezialisiert ist, berichtete über seine Ergebnisse des ersten Quartals des Geschäftsjahres 2026 zum 30. Juni 2025. Das Unternehmen erzielte gesamte Nettoumsätze von $1,6 Mio., davon $1,49 Mio. Produktumsatz und $110.000 Serviceumsatz. Das Quartal schloss mit einem Nettoverlust von $41.000 (je Aktie $0,00), nach einem Nettogewinn von $22.000 im Vorjahresquartal.
Wesentliche Finanzkennzahlen zeigen eine Produkt-Bruttomarge von 55%, gegenüber 58% im Vorjahresquartal. Die Betriebsausgaben beliefen sich auf $898.239, mit wesentlichen Anteilen für Vertrieb und Marketing ($404.601), allgemeine Verwaltung ($328.198) sowie Forschung und Entwicklung ($165.440). Die Liquiditätsposition sank von $257.433 zu Beginn des Geschäftsjahres auf $47.918.
- Service revenue increased significantly to $109,896 from $38,971 year-over-year
- Reduction in operating expenses to $898,239 from $914,320 in the previous year
- Accounts receivable improved by $37,046 during the quarter
- Net loss of $41,133 compared to net income of $22,041 in the year-ago quarter
- Product revenue declined to $1.49 million from $1.59 million year-over-year
- Gross margin decreased to 55% from 58% in the previous year
- Cash position significantly decreased to $47,918 from $257,433
- Interest expense increased to $18,009 from $6,369 year-over-year
BOULDER, CO / ACCESS Newswire / August 15, 2025 / Encision Inc. (OTC PINK:ECIA), a medical device company owning patented Active Electrode Monitoring (AEM®) Technology that prevents dangerous radiant energy burns in minimally invasive surgery, today announced financial results for its fiscal 2025 first quarter that ended June 30, 2025.
The Company posted quarterly product net revenue of
Encision Inc. designs and markets a portfolio of high-performance surgical instrumentation that delivers advances in patient safety with AEM technology, surgical performance, and value to hospitals across a broad range of minimally invasive surgical procedures. Based in Boulder, Colorado, the company pioneered the development and deployment of Active Electrode Monitoring, AEM technology, to eliminate dangerous stray energy burns during minimally invasive procedures. For additional information about all our products, please visit www.encision.com.
In accordance with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, the Company notes that statements in this press release and elsewhere that look forward in time, which include everything other than historical information, involve risks and uncertainties that may cause actual results to differ materially from those indicated by the forward-looking statements. Factors that could cause the Company's actual results to differ materially include, among others, its ability to develop new or enhanced products and have such products accepted in the market, its ability to increase net sales through the Company's distribution channels, its ability to compete successfully against other manufacturers of surgical instruments, insufficient quantity of new account conversions, insufficient cash to fund operations, delay in developing new products and receiving FDA approval for such new products and other factors discussed in the Company's filings with the Securities and Exchange Commission. Readers are encouraged to review the risk factors and other disclosures appearing in the Company's Annual Report on Form 10-K for the year ended March 31, 2024 and subsequent filings with the Securities and Exchange Commission. We do not undertake any obligation to update publicly any forward-looking statements, whether as a result of the receipt of new information, future events, or otherwise.
CONTACT: Brandon Shepard , Encision Inc., 303-444-2600, bshepard@encision.com
Encision Inc.
Condensed Balance Sheets
June 30, 2025 | March 31, 2025 | |||||||
Unaudited | Audited | |||||||
ASSETS | ||||||||
Current assets: | ||||||||
Cash | $ | 47,918 | $ | 257,433 | ||||
Accounts receivable | 749,426 | 786,471 | ||||||
Inventories | 1,534,887 | 1,483,182 | ||||||
Prepaid expenses | 118,308 | 85,679 | ||||||
Total current assets | 2,450,539 | 2,612,765 | ||||||
Equipment: | ||||||||
Furniture, fixtures, and equipment, at cost | 2,591,981 | 2,585,446 | ||||||
Accumulated depreciation | (2,358,134 | ) | (2,340,689 | ) | ||||
Equipment, net | 233,847 | 244,757 | ||||||
Right of use asset, net | 1,199,806 | 568,395 | ||||||
Patents, net | 166,708 | 171,890 | ||||||
Other assets | 80,655 | 72,892 | ||||||
TOTAL ASSETS | 4,131,555 | 3,670,699 | ||||||
LIABILITIES AND SHAREHOLDERS' EQUITY | ||||||||
Current liabilities: | ||||||||
Accounts payable | $ | 328,123 | $ | 346,900 | ||||
Line of credit | 320,440 | 395,964 | ||||||
Secured notes | 39,802 | 44,128 | ||||||
Accrued compensation | 208,850 | 180,850 | ||||||
Deferred Revenue | 2,574 | 17,401 | ||||||
Other accrued liabilities | 129,615 | 160,274 | ||||||
Accrued lease liability | 248,469 | 430,398 | ||||||
Total current liabilities | 1,277,873 | 1,575,915 | ||||||
Long-term liability: | ||||||||
Secured notes | 169,997 | 177,470 | ||||||
Accrued lease liability | 1,061,597 | 266,212 | ||||||
Total liabilities | 2,509,467 | 2,019,597 | ||||||
Commitments and contingencies (Note 4) | ||||||||
Shareholders' equity: | ||||||||
Preferred stock, no par value: 10,000,000 shares authorized; none issued and outstanding | - | - | ||||||
Common stock and additional paid-in capital, no par value: 100,000,000 shares authorized; 11,879,645 and 11,879,645 issued and outstanding at June 30, 2025, and March 31, 2025, respectively | 24,428,466 | 24,416,347 | ||||||
Accumulated (deficit) | (22,806,378 | ) | (22,765,245 | ) | ||||
Total shareholders' equity | 1,622,088 | 1,651,102 | ||||||
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY | $ | 4,131,555 | $ | 3,670,699 | ||||
Encision Inc.
Condensed Statements of Operations
(Unaudited)
Three Months Ended | ||||||||
June 30, 2025 | June 30, 2024 | |||||||
NET REVENUE: | ||||||||
Product | $ | 1,492,832 | $ | 1,591,960 | ||||
Service | 109,896 | 38,971 | ||||||
Total revenue | 1,602,728 | 1,630,931 | ||||||
COST OF REVENUE: | ||||||||
Product | 666,811 | 667,635 | ||||||
Service | 57,458 | 20,633 | ||||||
Total cost of revenue | 724,269 | 688,268 | ||||||
GROSS PROFIT | 878,459 | 942,663 | ||||||
OPERATING EXPENSES: | ||||||||
Sales and marketing | 404,601 | 423,237 | ||||||
General and administrative | 328,198 | 351,903 | ||||||
Research and development | 165,440 | 139,180 | ||||||
Total operating expenses | 898,239 | 914,320 | ||||||
OPERATING (LOSS) INCOME | (19,780 | ) | 28,343 | |||||
Interest expense, net | (18,009 | ) | (6,369 | ) | ||||
Other (expense) income, net | (3,344 | ) | 67 | |||||
Interest expense and other (expense), income, net | (21,353 | ) | (6,302 | ) | ||||
(LOSS) INCOME BEFORE PROVISION FOR INCOME TAXES | (41,133 | ) | 22,041 | |||||
Provision for income taxes | - | - | ||||||
NET (LOSS) INCOME | $ | (41,133 | ) | $ | 22,041 | |||
Net (loss) income per share-basic and diluted | $ | (0.00 | ) | $ | (0.00 | ) | ||
Weighted average shares-basic | 11,879,645 | 11,879,145 | ||||||
Weighted average shares-diluted | 11,879,645 | 11,906,918 | ||||||
Encision Inc.
Condensed Statements of Cash Flows
(Unaudited)
Three Months Ended | June 30, 2025 | June 30, 2024 | ||||||
Cash flows (used in) operating activities: | ||||||||
Net (loss) income | $ | (41,133 | ) | $ | 22,041 | |||
Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities: | ||||||||
Depreciation and amortization | 22,777 | 19,322 | ||||||
Stock-based compensation expense | 12,119 | 12,374 | ||||||
Provision for inventory obsolescence, net change | 3,982 | 1,090 | ||||||
Change in operating assets and liabilities: | ||||||||
Right of use asset, net | (17,955 | ) | (3,456 | ) | ||||
Accounts receivable | 37,046 | 74,980 | ||||||
Inventories | (55,687 | ) | 83,125 | |||||
Prepaid expenses and other assets | (40,393 | ) | (21,587 | ) | ||||
Accounts payable | (33,605 | ) | (76,123 | ) | ||||
Accrued compensation and other accrued liabilities | (2,659 | ) | 5,762 | |||||
Net cash provided by (used in) provided by operating activities | (115,508 | ) | 117,528 | |||||
Cash flows (used in) investing activities: | ||||||||
Acquisition of property and equipment | (6,535 | ) | (14,144 | ) | ||||
Patent costs | (150 | ) | (5,397 | ) | ||||
Net cash (used in) investing activities | (6,685 | ) | (19,541 | ) | ||||
Cash flows from financing activities: | ||||||||
(Payments) to borrowing from line of credit | (75,524 | ) | 142,736 | |||||
(Payments) from options exercised | - | (1,449 | ) | |||||
(Paydown) Secured notes | (11,798 | ) | (11,339 | ) | ||||
Net cash (used in) provided by financing activities | (87,322 | ) | 129,948 | |||||
Net (decrease) increase in cash | (209,515 | ) | 227,935 | |||||
Cash, beginning of fiscal year | 257,433 | 42,509 | ||||||
Cash, end of fiscal quarter | 47,918 | 270,444 | ||||||
Supplemental disclosures of cash flow information: | ||||||||
Cash paid during the period for interest | $ | 18,009 | $ | 6,369 | ||||
SOURCE: Encision, Inc.
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