Flux Power Reports Fiscal Year 2026 Second Quarter Financial Results

Rhea-AI Summary

Flux Power (NASDAQ: FLUX) reported fiscal Q2 2026 results for the quarter ended Dec 31, 2025, highlighting a 7.2% sequential revenue increase to $14.1 million and the company’s first-ever GAAP net income. Gross margin expanded to 34.7% and adjusted EBITDA was $1.5 million.

The company also noted a ~31% sequential reduction in operating expenses (including a $0.5M accrual reversal), secured >$3.6 million in purchase orders from a long-standing airline customer, received a U.S. patent for State of Health battery diagnostics, and introduced SkyLNK hardware and SkyEMS software enhancements.

Positive

• Revenue +7.2% sequential to $14.1M
• GAAP net income achieved for first time
• Gross margin expanded 610 bps sequentially
• Operating expenses reduced ~31% sequentially
• Adjusted EBITDA of $1.5M
• Secured >$3.6M in new purchase orders

Negative

• Cash balance of $0.9M at Dec 31, 2025
• Company expects a sequential revenue decline in Q3 due to tariff uncertainty
• Reliance on $16.0M credit facility with borrowing subject to collateral and covenants

Market Reaction

-5.56% $1.19 16.1x vol

15m delay 26 alerts

-5.56% Since News

+22.7% Peak in 10 min

$1.19 Last Price

$1.18 $1.44 Day Range

-$2M Valuation Impact

$27M Market Cap

16.1x Rel. Volume

Following this news, FLUX has declined 5.56%, reflecting a notable negative market reaction. Argus tracked a peak move of +22.7% during the session. Our momentum scanner has triggered 26 alerts so far, indicating elevated trading interest and price volatility. The stock is currently trading at $1.19. This price movement has removed approximately $2M from the company's valuation. Trading volume is exceptionally heavy at 16.1x the average, suggesting significant selling pressure.

Data tracked by StockTitan Argus (15 min delayed). Upgrade to Silver for real-time data.

Key Figures

Q2 FY26 revenue: $14.1 million Q2 gross margin: 34.7% OpEx Q2 FY26: $4.1 million +5 more

8 metrics

Q2 FY26 revenue $14.1 million Second fiscal quarter 2026 revenue, up 7.2% sequentially

Q2 gross margin 34.7% Q2 FY26 gross profit of $4.9M as % of revenue

OpEx Q2 FY26 $4.1 million Operating expenses vs $5.9 million in the prior quarter

GAAP net income $0.6 million Second quarter FY26 GAAP net income, $0.03 per share

Non-GAAP net income $1.0 million Q2 FY26 non-GAAP net income, $0.04 per fully diluted share

Adjusted EBITDA $1.5 million Second quarter FY26 adjusted EBITDA vs $1.4M loss prior quarter

Cash balance $0.9 million Cash as of December 31, 2025 vs $1.3M as of June 30, 2025

Credit facility $16.0 million Gibraltar revolving line of credit facility size

Market Reality Check

Price: $1.26 Vol: Volume 189,393 is 35% abo...

normal vol

$1.26 Last Close

Volume Volume 189,393 is 35% above the 140,618 share 20-day average, signaling elevated interest into earnings. normal

Technical Shares at $1.41 are trading below the $2.16 200-day MA and remain far under the $7.55 52-week high.

Peers on Argus

FLUX gained 9.3% while peers were mixed: EPOW +7.11%, GWH +0.66%, APWC +0.6%, bu...

FLUX gained 9.3% while peers were mixed: EPOW +7.11%, GWH +0.66%, APWC +0.6%, but OESX -0.63% and IPWR -14.96%, indicating a stock-specific earnings reaction.

Previous Earnings Reports

5 past events · Latest: Nov 13 (Negative)

Same Type Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Nov 13	Q1 2026 earnings	Negative	-7.2%	Quarter with revenue decline and continued net loss widened versus prior year.
Sep 16	FY2025 results	Positive	+52.2%	Strong Q4 and full‑year revenue growth with significantly improved gross margins.
May 08	Q3 2025 earnings	Positive	-4.1%	Solid revenue growth and margin gains plus new software and airline traction.
Mar 20	Q1–Q2 2025 results	Neutral	+20.0%	Mixed revenue trends with margin improvements and growing backlog across two quarters.
Jan 29	FY2024 results	Neutral	-1.8%	Full‑year revenue decline but higher gross profit and margin; governance changes.

Pattern Detected

Earnings headlines have produced mixed reactions, including one very large upside move and several smaller aligned or contrary responses.

Recent Company History

Over the past year, Flux Power’s earnings reports have highlighted revenue in the mid‑teens millions per quarter, improving gross margins, and ongoing net losses. Prior earnings on Nov 13, 2025 showed Q1 FY26 revenue of $13.2M with a net loss of $2.6M, while earlier FY2025 updates featured revenue growth and margin expansion but still negative profitability. Some earnings dates, such as Sep 16, 2025, triggered sharp positive moves, while others saw modest declines. Today’s second‑quarter FY2026 report adds the company’s first positive GAAP net income to that trajectory.

Historical Comparison

earnings

+11.8 %

Average Historical Move

Historical Analysis

In the past year, FLUX’s earnings releases moved the stock an average of 11.83%. Today’s 9.3% post‑earnings gain is within the historical range, not an extreme outlier.

Typical Pattern

Earnings updates show a path from recurring net losses in FY2024–Q1 FY2026 toward better margins and, in this quarter, the company’s first positive GAAP net income.

Market Pulse Summary

The stock is down -5.6% following this news. A negative reaction despite this report would fit a his...

Analysis

The stock is down -5.6% following this news. A negative reaction despite this report would fit a history where some seemingly constructive earnings updates led to weak price responses. Past results showed improving gross margins and operational progress but persistent net losses and reliance on external financings and credit facilities. In that context, a decline could reflect market focus on cash balance, working capital needs, or tariff and order‑timing uncertainties mentioned by management rather than the quarter’s profitability milestone.

Key Terms

gaap, non-gaap, adjusted ebitda, telematics, +3 more

7 terms

gaap financial

"Achieved positive GAAP net income for the first time in its history"

GAAP, or Generally Accepted Accounting Principles, are a set of standardized rules and guidelines that companies follow when preparing their financial statements. They ensure consistency, transparency, and comparability across different companies, making it easier for investors to understand and compare financial information accurately. This helps investors make informed decisions based on trustworthy and uniform financial reports.

non-gaap financial

"second quarter non-GAAP operating income was $1.2 million"

Non-GAAP refers to financial measures that companies use to show their earnings or performance without including certain expenses or income that are often added back to give a different picture. It matters because it can make a company's results look better or more favorable, but it may also hide important costs, so investors need to look at both GAAP (official rules) and non-GAAP numbers to get a full understanding.

adjusted ebitda financial

"Adjusted EBITDA for the second quarter was $1.5 million"

Adjusted EBITDA is a way companies measure how much money they make from their core operations, like running a business, by removing certain costs or income that aren’t part of regular business activities. It helps investors see how well a company is doing without distractions from unusual expenses or gains, making it easier to compare companies or track performance over time.

telematics technical

"Introduced next-gen telematics hardware SkyLNK device with significant advancements"

Telematics is the technology that collects, transmits and analyzes data from vehicles or remote equipment—such as location, speed, engine status and sensor readings—using GPS, cellular networks and onboard computers. For investors it matters because telematics turns physical assets into data-rich services, enabling new revenue streams (like usage-based insurance, fleet optimization, or predictive maintenance), reducing costs and improving risk visibility much like a fitness tracker does for health.

machine learning technical

"competitive advantage with 4x more sensors and new machine learning capabilities"

Machine learning is a set of computer programs that learn patterns from large amounts of data and improve their predictions or decisions over time, like a recipe that gets better each time it’s adjusted based on taste tests. For investors it matters because these systems can speed up analysis, spot trends or risks humans might miss, automate routine work, and potentially create competitive advantages or cost savings that affect a company’s performance.

u.s. patent regulatory

"Awarded U.S. Patent for determining the State of Health (SoH) of a battery pack"

A U.S. patent is a government-granted right that gives its holder exclusive control over making, using, selling or importing a specific invention inside the United States for a limited time. Think of it like owning the only key to a locked box or a secret recipe for a product. For investors, patents can create a legal barrier against competitors, boost potential sales or licensing income, and therefore increase a company’s value — but they also require time and money to obtain and defend, and their protection ends when they expire.

revolving line of credit financial

"Additional sources of working capital include a revolving line of credit under a $16.0 million credit facility"

A revolving line of credit is a flexible borrowing arrangement that allows a person or business to access funds up to a set limit whenever needed, much like a prepaid card. As money is repaid, it becomes available to borrow again, making it a convenient way to manage cash flow or cover ongoing expenses. Investors pay attention to it because it reflects a company’s ability to access quick funds and manage financial flexibility.

AI-generated analysis. Not financial advice.

VISTA, Calif., Feb. 12, 2026 (GLOBE NEWSWIRE) -- Flux Power Holdings, Inc. (NASDAQ: FLUX), a leading developer of advanced lithium-ion energy storage solutions and software-driven electrification for commercial and industrial equipment, today reported financial and operational results for the 2026 fiscal second quarter ended December 31, 2025.

Second Quarter and Recent Business Highlights

• Increased revenue 7.2% sequentially to $14.1 million
• Achieved positive GAAP net income for the first time in its history
• Secured more than $3.6 million in additional purchase orders to support a long-standing airline customer
• Awarded U.S. Patent for determining the State of Health (SoH) of a battery pack, which uses advanced algorithms for predictive diagnostics to extend the overall battery lifespan
• Introduced next-gen telematics hardware SkyLNK device with significant advancements that deliver a competitive advantage with 4x more sensors and new machine learning capabilities
• Added AI driven Intelligent Alerting to SkyEMS, improving the customer experience and potential fleet uptime by 10 to 30%
• Released new Mobile UI that enables on-the-go monitoring and faster decision-making driving greater uptime and possible productivity improvements between 15 to 40%
• Strengthened sales leadership with a new Director of OEM Business Development​ with more than 20 years of material handling experience

CEO Commentary
“Our second quarter results reflected evidence of the continued progress on our strategic initiatives of implementing operational efficiencies and achieving profitability for the first time in the Company’s history,” said Krishna Vanka, Flux Power’s CEO. “Revenue increased sequentially as orders rebounded after a pause last quarter due to tariffs and pricing. Notably, we reduced core operating expenses approximately 31% sequentially, excluding the benefit from an accrual reversal, as a result of our implemented cost reductions. We also increased gross margin 610 basis points from the prior quarter, collectively contributing to our achievement of GAAP profitability.

“Additionally, we made further progress on our initiatives to build the right products and expand our software offerings with the introduction of our next-generation telematics hardware device called SkyLNK, a new mobile user interface for SkyEMS, as well as getting a full patent for our State of Health technology. Our commitment to provide complete solutions to our customers and align our offerings to meet their specific needs remains a top priority for the Flux Power team.

“While I am pleased with the progress we made in the quarter, especially as it relates to our reduced cost structure and profitability, we are approaching our fiscal third quarter with the expectation of a sequential decline in revenues as we navigate prevailing uncertainty related to tariff changes and dynamic customer order patterns. Despite this limited near-term visibility, we remain focused on executing our strategic initiatives and the transformation of our business toward driving future growth.”

Second Quarter Fiscal 2026 Financial Results
Revenue for the second fiscal quarter of 2026 rose 7.2% to $14.1 million from $13.2 million in the prior quarter. Gross profit for the second fiscal quarter of 2026 was $4.9 million, or 34.7% of revenue, compared to $3.8 million, or 28.6% of revenue, in the prior quarter.

Operating expenses for the second quarter were $4.1 million, compared to $5.9 million in the prior quarter. The significant reduction in operating expenses is largely due to previously implemented cost reduction actions as well as an approximately $0.5 million benefit related to a reversal of accrued employee bonus awards.

Operating income for the second quarter was $0.8 million, compared to an operating loss of $2.2 million in the prior quarter. Excluding costs associated with the multi-year restatement of previously issued financial statements and stock-based compensation, second quarter non-GAAP operating income was $1.2 million, compared to a non-GAAP operating loss of $1.7 million in the prior quarter.
  
Net income for the second quarter was $0.6 million, or $0.03 per share, compared to a net loss of $2.6 million, or ($0.15) per share, in the prior quarter. On a non-GAAP basis, second quarter net income was $1.0 million, or $0.04 per fully diluted share, which excludes the above-referenced costs, compared to a net loss of $2.0 million, or ($0.12) per share, in the prior quarter.

Adjusted EBITDA for the second quarter was $1.5 million, compared to an adjusted EBITDA loss of $1.4 million in the prior period.

Balance Sheet
Cash as of December 31, 2025 was $0.9 million compared to $1.3 million as of June 30, 2025. Additional sources of working capital include a revolving line of credit under a $16.0 million credit facility with Gibraltar Business Capital (“Gibraltar”). The current borrowing capacity under the Gibraltar line of credit is subject to available collateral as defined by the credit agreement and satisfaction of certain financial covenants.

Conference Call
Flux Power will host a conference call on Thursday, February 12, 2026 at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time to discuss its fiscal second quarter 2026 financial results. To access the call, please use the following information:

Date: Thursday, February 12, 2026
Time: 1:30 p.m. Pacific Time | 4:30 p.m. Eastern Time
Toll-free dial-in number: 1-833-630-1956
International dial-in number: +1-412-317-1837

Additionally, this conference call will be broadcast live over the Internet and can be accessed by all interested parties on the News & Events section of the Company’s Investor Relations website.

For those unable to participate during the live broadcast of the conference call, a telephone replay will be available approximately two hours after the conference call and accessible through February 19, 2026. The replay dial-in number is 1-855-669-9658, and the access code 9780783. International callers should dial +1-412-317-0088 and enter the same pass code. Additionally, a replay of the webcast will be available on Flux’s Investor Relations website for approximately 90 days.

About Flux Power
Flux Power (NASDAQ: FLUX) designs, manufactures, and sells advanced lithium-ion energy storage solutions for electrification of a range of industrial and commercial sectors including material handling and airport ground support equipment (GSE). Flux Power’s lithium-ion battery packs, including the proprietary battery management system (BMS) and telemetry, provide customers with a better performing, lower cost of ownership, and more environmentally friendly alternative, in many instances, to traditional lead acid and propane-based solutions. Lithium-ion battery packs reduce CO2 emissions and help improve sustainability and ESG metrics for fleets. For more information, please visit www.fluxpower.com.

Forward-Looking Statements
This release contains projections and other "forward-looking statements" relating to Flux Power’s business, that are often identified using "believes," "expects" or similar expressions. Forward-looking statements involve several estimates, assumptions, risks, and other uncertainties that may cause actual results to be materially different from those anticipated, believed, estimated, expected, etc. Accordingly, statements are not guarantees of future results. Some of the important factors that could cause Flux Power’s actual results to differ materially from those projected in any such forward-looking statements include, but are not limited to: risks and uncertainties, related to Flux Power’s business, results and financial condition; plans and expectations with respect to access to capital and outstanding indebtedness; Flux Power’s ability to comply with the terms of the existing credit facilities to obtain the necessary capital from such credit facilities; Flux Power’s ability to raise capital; Flux Power’s ability to continue as a going concern. Flux Power’s ability to obtain raw materials and other supplies for its products at competitive prices and on a timely basis; the development and success of new products, projected sales, cancellation of purchase orders, deferral of shipments, Flux Power’s ability to improve its gross margins, or achieve breakeven cash flow or profitability, Flux Power’s ability to fulfill backlog orders or realize profit from the contracts reflected in backlog sale; Flux Power’s ability to fulfill backlog orders due to changes in orders reflected in backlog sales, Flux Power’s ability to obtain the necessary funds under the credit facilities, Flux Power’s ability to timely obtain UL Listing for its products, Flux Power’s ability to fund its operations, distribution partnerships and business opportunities and the uncertainties of customer acceptance and purchase of current and new products, and changes in pricing. Actual results could differ from those projected due to numerous factors and uncertainties. Although Flux Power believes that the expectations, opinions, projections, and comments reflected in these forward-looking statements are reasonable, they can give no assurance that such statements will prove to be correct, and that the Flux Power’s actual results of ‎operations, financial condition and performance will not differ materially from the ‎results of operations, financial condition and performance reflected or implied by these forward-‎looking statements. Undue reliance should not be placed on the forward-looking statements and Investors should refer to the risk factors outlined in our Form 10-K, 10-Q and other reports filed with the SEC and available at www.sec.gov/edgar. These forward-looking statements are made as of the date of this news release, and Flux Power assumes no obligation to update these statements or the reasons why actual results could differ from those projected.

Flux, Flux Power, and associated logos are trademarks of Flux Power Holdings, Inc. All other third-party brands, products, trademarks, or registered marks are the property of and used to identify the products or services of their respective owners.

Follow us at:
Blog: Flux Power Blog
News Flux Power News
Twitter: @Flux__Power
LinkedIn: Flux Power

FLUX POWER HOLDINGS, INC.
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(Unaudited)
	Three months ended December 31,								Six months ended December 31,
	2025				2024				2025				2024
Revenues	$	14,121,000			$	16,830,000			$	27,296,000			$	32,955,000
Cost of sales		9,226,000				11,367,000				18,636,000				22,274,000
Gross profit		4,895,000				5,463,000				8,660,000				10,681,000
Operating expenses:
Selling and administrative		3,564,000				5,985,000				8,470,000				11,100,000
Research and development		536,000				957,000				1,573,000				2,272,000
Total operating expenses		4,100,000				6,942,000				10,043,000				13,372,000
Operating income (loss)		795,000				(1,479,000	)			(1,383,000	)			(2,691,000	)
Interest income (expense), net		(194,000	)			(408,000	)			(578,000	)			(865,000	)
Net income (loss)	$	601,000			$	(1,887,000	)		$	(1,961,000	)		$	(3,556,000	)
Net income (loss) per share - basic	$	0.03			$	(0.11	)		$	(0.11	)		$	(0.21	)
Net income (loss) per share - diluted	$	0.03			$	(0.11	)		$	(0.11	)		$	(0.21	)
Weighted average number of common shares outstanding - basic		19,686,961				16,682,465				18,261,330				16,682,465
Weighted average number of common shares outstanding - diluted		22,858,593				16,682,465				18,261,330				16,682,465

FLUX POWER HOLDINGS, INC.
NON-GAAP NET INCOME (LOSS) ADJUSTMENTS
(Unaudited)
	Three months ended December 31,							Six months ended December 31,
	2025			2024				2025				2024
Net income (loss)	$	601,000		$	(1,887,000	)		$	(1,961,000	)		$	(3,556,000	)
Non-GAAP adjustments to net income (loss):
Stock-based compensation		285,000			278,000				494,000				625,000
Restatement and related costs		132,000			1,081,000				442,000				1,322,000
Total Non-GAAP adjustments		417,000			1,359,000				936,000				1,947,000
Non-GAAP net income (loss)	$	1,018,000		$	(528,000	)			(1,025,000	)			(1,609,000	)
Non-GAAP net income (loss) per share - basic	$	0.05		$	(0.03	)		$	(0.06	)		$	(0.10	)
Non-GAAP net income (loss) per share - diluted	$	0.04		$	(0.03	)		$	(0.06	)		$	(0.10	)

FLUX POWER HOLDINGS, INC.
NON-GAAP OPERATING INCOME ( LOSS) ADJUSTMENTS
(Unaudited)
	Three months ended December 31,							Six months ended December 31,
	2025			2024				2025				2024
Operating income (loss)	$	795,000		$	(1,479,000	)		$	(1,961,000	)		$	(3,556,000	)
Non-GAAP adjustments to operating income (loss):
Stock-based compensation		285,000			278,000				494,000				625,000
Restatement and related costs		132,000			1,081,000				442,000				1,322,000
Total Non-GAAP adjustments		417,000			1,359,000				936,000				1,947,000
Non-GAAP operating income (loss)	$	1,212,000		$	(120,000	)		$	(1,025,000	)		$	(1,609,000	)

FLUX POWER HOLDINGS, INC.
CONDENSED CONSOLIDATED BALANCE SHEETS
(Unaudited)
	December 31,				June 30,
	2025				2025
ASSETS
Current assets:
Cash	$	928,000			$	1,334,000
Accounts receivable, net of allowance for credit losses of $44,000 and $68,000 at December 31, 2025 and June 30, 2025, respectively		8,506,000				11,374,000
Inventories, net		15,705,000				17,231,000
Other current assets		2,486,000				1,865,000
Total current assets		27,625,000				31,804,000
Right of use assets, net		973,000				1,275,000
Property, plant and equipment, net		1,419,000				1,554,000
Other assets		95,000				119,000
Total assets	$	30,112,000			$	34,752,000
LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT)
Current liabilities:
Accounts payable	$	10,194,000			$	16,295,000
Accrued expenses		6,019,000				7,058,000
Line of credit		4,740,000				13,627,000
Subordinated debt		–				1,000,000
Deferred revenue		141,000				459,000
Customer deposits		56,000				38,000
Finance leases payable, current portion		122,000				80,000
Office leases payable, current portion		814,000				815,000
Accrued interest		40,000				246,000
Total current liabilities		22,126,000				39,618,000
Long term liabilities:
Finance leases payable, less current portion		26,000				32,000
Office leases payable, less current portion		101,000				506,000
Deferred revenue, less current portion		323,000				–
Total liabilities		22,576,000				40,156,000
Commitments and contingencies (Note 9)
Stockholders’ equity (deficit):
Preferred stock, $0.001 par value; 3,000,000 and 500,000 shares authorized at December 31, 2025 and June 30, 2025, respectively; none issued and outstanding		–				–
Common stock, $0.001 par value; 75,000,000 shares authorized; 21,340,135 and 16,835,698 shares issued and outstanding at December 31, 2025 and June 30, 2025, respectively		21,000				17,000
Additional paid-in capital		115,862,000				100,965,000
Accumulated deficit		(108,347,000	)			(106,386,000	)
Total stockholders’ equity (deficit)		7,536,000				(5,404,000	)
Total liabilities and stockholders’ equity (deficit)	$	30,112,000			$	34,752,000

FLUX POWER HOLDINGS, INC.
ADJUSTED EBITDA RECONCILIATION
(Unaudited)
	Three months ended December 31,							Six months ended December 31,
	2025			2024				2025				2024
Net income (loss)	$	601,000		$	(1,887,000	)		$	(1,961,000	)		$	(3,556,000	)
Add/Subtract:
Interest, net		194,000			408,000				578,000				865,000
Income tax provision		-			-				-				-
Depreciation and amortization		251,000			250,000				502,000				502,000
EBITDA		1,046,000			(1,229,000	)			(881,000	)			(2,189,000	)
Add/Subtract:
Restatement and related costs		132,000			1,081,000				442,000				1,322,000
Stock-based compensation		285,000			278,000				494,000				625,000
Adjusted EBITDA	$	1,463,000		$	130,000			$	55,000			$	(242,000	)

Contacts

Media:
media@fluxpower.com
info@fluxpower.com

External Investor Relations:
Leanne Sievers | Joel Achramowicz
Shelton Group
flux-ir@sheltongroup.com

FAQ

What were Flux Power (FLUX) fiscal Q2 2026 revenue and EPS results?

Flux reported $14.1 million revenue and GAAP net income of $0.03 per share. According to the company, revenue rose 7.2% sequentially and net income was $0.6 million, or $0.03 per share, for the quarter ended Dec 31, 2025.

How did Flux Power achieve GAAP profitability in Q2 FY2026 (FLUX)?

Flux achieved profitability through higher margins and lower operating costs. According to the company, gross margin rose to 34.7% and operating expenses fell about 31% sequentially, including a $0.5 million accrual reversal that aided operating income.

What is Flux Power’s cash position and liquidity (FLUX) after Q2 2026?

Cash was reported at $0.9 million as of Dec 31, 2025. According to the company, additional working capital is available via a $16.0 million revolving credit facility with Gibraltar, subject to collateral availability and covenant compliance.

What product and software updates did Flux Power announce in Q2 2026 (FLUX)?

Flux introduced the SkyLNK telematics device and updated SkyEMS with AI-driven alerts and a new mobile UI. According to the company, SkyLNK offers four times more sensors and SkyEMS updates target 10–30% uptime improvements and 15–40% productivity gains.

What guidance did Flux Power give for near-term revenue expectations (FLUX)?

The company expects a sequential decline in revenues in fiscal Q3 2026 due to tariff changes and variable customer orders. According to the company, near-term visibility is limited but management remains focused on strategic initiatives and cost discipline.

What commercial and IP developments did Flux Power report in Q2 2026 (FLUX)?

Flux secured more than $3.6 million in purchase orders and received a U.S. patent for battery State of Health diagnostics. According to the company, these developments support customer demand and strengthen its intellectual property portfolio.