Astrotech Corporation filed an amended quarterly report to correct the disclosed number of common shares issuable upon conversion of its Series D convertible preferred stock, now stating that 280,898 preferred shares convert on a one-for-thirty basis into approximately 9,363 common shares.
For the quarter ended March 31, 2026, revenue was $343 thousand, down from $534 thousand a year earlier, and gross margin declined to 20% as some high-cost consumables were sold below cost. Operating expenses were $3,520 thousand, resulting in a net loss of $3,768 thousand, and a nine-month net loss of $11,161 thousand on $787 thousand of revenue.
As of March 31, 2026, Astrotech held $2,679 thousand in cash and $3,903 thousand in short-term investments, with working capital of about $9.5 million. Management expects these resources, operating cash flows, and capital-raising activities to fund operations for at least 12 months and has a $30 million shelf registration (subject to a Baby Shelf Limitation) to preserve funding flexibility.
Badugu Nihanth reported acquisition or exercise transactions in this Form 4 filing.
Astrotech Corp reported that Chief Operating Officer Badugu Nihanth received a grant of 5,000 shares of restricted common stock under the Astrotech Corporation 2021 Omnibus Equity Incentive Plan. The award was recorded at 0.0000 per share and increases his directly held common stock to 5,000.0000 shares, subject to time-based vesting on anniversaries of August 13, 2026 until fully vested on August 13, 2028, contingent on continuous employment.
Astrotech Corporation expanded its Board of Directors and appointed Matt Kreps as a director, effective July 16, 2026. He will serve until the company’s 2026 annual meeting of stockholders and until a successor is elected and qualified or earlier departure. As of this appointment, he has not been assigned to any board committees.
Kreps, aged 49, brings more than 25 years of experience in capital markets and investor relations, including senior roles at HydroGraph Clean Power Inc. and Darrow Associates. Astrotech granted him 2,150 shares of restricted stock under its 2021 Omnibus Equity Incentive Plan, vesting in three equal annual installments. He will receive standard non-employee director compensation, and the company reports no related-party transactions or special arrangements tied to his appointment. A press release dated July 22, 2026 announced the move.
Halinski John William reported acquisition or exercise transactions in this Form 4 filing.
Astrotech Corp director John William Halinski received a grant of 1,055 shares of restricted Common Stock on July 9, 2026 under the Astrotech Corporation 2021 Omnibus Equity Incentive Plan.
The company states that 100% of these restricted shares vested immediately on the grant date, bringing his directly held Common Stock position to 12,211 shares.
Winn Charles Arch reported acquisition or exercise transactions in this Form 4 filing.
Astrotech Corp director Winn Charles Arch received an equity award. On 2026-07-09 he was granted 1,055 shares of restricted common stock under the Astrotech Corporation 2021 Omnibus Equity Incentive Plan, which vested immediately. Following the grant he directly held 10,950 common shares, including 485 held in his IRA.
MCFARLAND ROBERT N reported acquisition or exercise transactions in this Form 4 filing.
Astrotech Corp director Robert N. McFarland received a grant of 1,055 shares of restricted common stock on July 9, 2026 under the Astrotech Corporation 2021 Omnibus Equity Incentive Plan. The award vested 100% immediately on the grant date, increasing his directly held common shares to 11,205.
Astrotech Corp director Eric Stober received an equity award of 1,167 shares of common stock on July 9, 2026. The award was structured as restricted stock under the Astrotech Corporation 2021 Omnibus Equity Incentive Plan, and all of the shares vested immediately on the grant date.
The transaction was reported as a grant/award acquisition at no cash price to Stober, increasing his directly held common stock to 19,654 shares after the award. It was not indicated as executed under a Rule 10b5-1 trading plan and involves no derivative securities.
Wilkinson Tom reported acquisition or exercise transactions in this Form 4 filing.
Astrotech Corp director Tom Wilkinson received a grant of 1,055 shares of restricted common stock on July 9, 2026 under the Astrotech Corporation 2021 Omnibus Equity Incentive Plan. The award vested 100% immediately on the grant date, bringing his directly held stake to 30,923 shares.
Kreps Matthew reported acquisition or exercise transactions in this Form 4 filing.
Astrotech Corp director Matthew Kreps reported an award of 2,150 shares of restricted common stock granted at $0.0000 per share under the Astrotech Corporation 2021 Omnibus Equity Incentive Plan. The restricted shares vest on each of the first three anniversaries of July 16, 2026 and are expected to be fully vested by July 16, 2029, subject to his continuous service with the company. Following this grant, he directly holds 2,150 common shares.
Halinski John William reported acquisition or exercise transactions in this Form 4 filing.
Astrotech Corp granted director John William Halinski 2,150 shares of restricted common stock under the Astrotech Corporation 2021 Omnibus Equity Incentive Plan. The award vests on each of the first three anniversaries of July 16, 2026, fully vesting July 16, 2029. After this grant, Halinski directly holds 11,156 common shares.