Encision Inc. filings document the company’s Exchange Act reporting status, common-stock registration matters, and material corporate events. The Form 15-12G records Encision’s certification and notice to terminate registration under Section 12(g) and suspend reporting duties for its common stock.
Recent Form 8-K disclosures cover the company’s plan to deregister, its OTC-traded common stock, board and executive changes, and related exhibit filings. The filing record also identifies Encision as a Colorado issuer with common stock, no par value, under the ECIA trading symbol.
Encision Inc. (ECIA) reported a weaker quarter for the three months ended September 30, 2025. Total revenue was $1.53 million, down from $1.76 million a year ago, as product sales fell 10% to $1.48 million and service revenue decreased to $46,248 following a brief project suspension by a customer. Gross margin was 46% versus 47% a year earlier. The company posted a net loss of $267,833, compared with a $170,262 loss last year.
Cash declined to $71,731 from $257,433 at March 31, 2025. Working capital was $1.38 million, and current borrowings under the line of credit were $31,706 with up to $968,294 available, subject to eligible receivables. Management states there is substantial doubt about continuing as a going concern without additional financing, though a private placement on August 19, 2025 added $500,000 and increased shares outstanding to 16,879,645.
The quarter also reflected lower sales and marketing and G&A costs, offset by higher R&D. Disclosure controls were deemed not effective due to inadequate segregation of duties.
Encision, Inc. disclosed a board change. Director Patrick Pace resigned on October 30, 2025. The company stated the resignation was not the result of any dispute or disagreement regarding its operations, policies, or practices.
The filing records the change under Item 5.02 and was signed by Controller and Principal Accounting Officer Brandon Shepard.