Genasys repays Maran Partners unsecured loan in full

The unsecured loan is fully repaid, and Genasys says it expects to repay its secured term loan on schedule.

Rhea-AI Filing Summary

Genasys Inc. (GNSS) repaid in full its unsecured term loan from Maran Partners Fund, LP, making the final payment of remaining principal and accrued interest on October 23, 2026. Genasys said it has no remaining obligations under the loan. It originally borrowed $4.3 million on June 9, 2026, and made a partial repayment when the loan was amended on September 14, 2026.

Separately, Genasys made its first monthly amortization payment on its secured term loan on October 1. Chief Financial Officer Cassandra L. Hernandez-Monteon said the company expects to repay that loan on schedule and described the unsecured loan repayment as strengthening the balance sheet.

8-K Event Classification

2 items: 7.01, 9.01

2 items

Item 7.01 Regulation FD Disclosure Disclosure

Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

Key Figures

Original unsecured term loan borrowing: $4.3 million Final payment date: October 23, 2026 First secured term loan amortization payment: October 1, 2026

3 metrics

Original unsecured term loan borrowing $4.3 million Borrowed June 9, 2026

Final payment date October 23, 2026 Remaining principal and accrued interest paid

First secured term loan amortization payment October 1, 2026 First monthly amortization payment

Key Terms

unsecured term loan, accrued interest, monthly amortization payment, secured term loan

4 terms

unsecured term loan financial

"repaid in full its unsecured term loan"

An unsecured term loan is a fixed-schedule loan that a borrower must repay over a set period but does not pledge specific assets as collateral. Think of it like lending money to someone on their promise rather than holding their car keys as backup. Investors care because these loans carry higher risk and therefore higher interest, have lower priority if the borrower fails, and affect a company’s cash flow and ability to raise future financing.

accrued interest financial

"remaining principal and accrued interest"

Accrued interest is the amount of interest that has built up on a loan, bond, or similar investment since the last payment date but has not yet been paid. For investors this matters because when you buy or sell a fixed‑income security between payment dates you compensate the other party for that earned interest—think of it like buying a house mid‑month and reimbursing the seller for days of heating already used—so it affects the actual cash you pay, the yield you receive, and short‑term returns.

monthly amortization payment financial

"first monthly amortization payment"

secured term loan financial

"focus our loan servicing efforts on our secured term loan"

A secured term loan is a bank or investor loan with a set repayment schedule and interest, backed by specific company assets that the lender can claim if payments stop—think of it like a mortgage on a business asset. It matters to investors because it sits higher in the company’s payment order than equity, reducing lender risk but adding fixed cash obligations that affect free cash flow, leverage and the likelihood of losses for shareholders if the company struggles.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How much did GNSS originally borrow from Maran Partners?

Genasys originally borrowed $4.3 million from Maran Partners Fund, LP on June 9, 2026. It later made a partial repayment when the loan was amended on September 14, 2026, before paying the remaining principal and accrued interest.

When did GNSS repay its unsecured term loan?

Genasys made the final payment of remaining principal and accrued interest on October 23, 2026, and said it had no remaining obligations under the unsecured loan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Understanding 8-K Material Events →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 10/28/2026 - 09:02 AM EDT Accepted by SEC EDGAR 10/28/2026 - 09:02 AM EDT Learn about SEC filing dates

false000092438300009243832026-10-282026-10-28

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): October 28, 2026

Genasys Inc.

(Exact name of Registrant as Specified in Its Charter)

Delaware			000-24248	87-0361799
(State or Other Jurisdiction of Incorporation)			(Commission File Number)	(IRS Employer Identification No.)
16262 West Bernardo Drive
San Diego, California				92127
(Address of Principal Executive Offices)				(Zip Code)

Registrant’s Telephone Number, Including Area Code: 858 676-1112

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common stock, $0.00001 par value per share		GNSS		The Nasdaq Stock Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 7.01 Regulation FD Disclosure.

On October 28, 2026, the Company issue a press release, which is attached hereto as Exhibit 99.1.

The information furnished in this Item 7.01 shall not be deemed “filed” for purposes of Section 18 of the Exchange Act or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act, regardless of any general incorporation language in such filing, except as shall be expressly set forth by specific reference in such filing.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit Number		Description
99.1		Press Release, dated October 28, 2026.
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

			Genasys Inc.
Date:	October 28, 2026	By:	/s/ Cassandra L. Hernandez-Monteon
			Cassandra L. Hernandez-Monteon Chief Financial Officer

Genasys Inc. Announces Repayment of Unsecured Term Loan

SAN DIEGO, CA – October 28, 2026 – Genasys Inc. (NASDAQ: GNSS), the global leader in Protective Communications®, today announced that it has repaid in full its unsecured term loan from Maran Partners Fund, LP. Genasys made the final payment of remaining principal and accrued interest on October 23, 2026.

Genasys originally borrowed $4.3 million from Maran Partners on June 9, 2026, and made a partial repayment when the loan was amended on September 14, 2026. With the October 23 payment, Genasys has no remaining obligations under the loan.

“The repayment of the unsecured term loan strengthens our balance sheet and permits us to focus our loan servicing efforts on our secured term loan, under which we made our first monthly amortization payment on October 1,” said Cassandra Monteon, Genasys’ Chief Financial Officer. “Repaying the unsecured loan in full is an important milestone. Looking ahead, we expect to repay the secured term loan on schedule and remain focused on disciplined execution and further strengthening our financial position.”

About Genasys Inc.

Genasys Inc. (Nasdaq: GNSS) is the global leader in Protective Communications®, providing the most comprehensive portfolio of preparedness, response, and analytics software and hardware solutions available. The company’s Long Range Acoustic Device® (LRAD®) and Protect Platform, which includes Genasys Protect® and Genasys Evertel®, are designed around one premise: ensuring organizations and public safety agencies are Ready when it matters®. Protecting people and saving lives for over 40 years, Genasys covers more than 155 million people in all 50 states and in over 100 countries worldwide. For more information, visit genasys.com.

Forward-Looking Statements

Except for historical information contained herein, the matters discussed are forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These statements include but are not limited to expectations related to the Company’s balance sheet, ability to service its secured term loan and fulfill its payment obligations thereunder, including amortization payments, when due, and ability to strengthen its financial position. You should not place undue reliance on these statements. We base these statements on particular assumptions that we have made in light of our industry experience, the stage of product and market development as well as our perception of historical trends, current market conditions, current economic data, expected future developments and other factors that we believe are appropriate under the circumstances. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those suggested in any

forward-looking statement. The risks and uncertainties in these forward-looking statements include without limitation risks relating to continuous delays in receiving payment under, regulatory uncertainties surrounding, or disruptions in governmental support or funding of, the Puerto Rico project, our reliance on a limited number of customers, the possible need for additional capital, actual or perceived failures or breaches of our information and security systems, the effects of continued geopolitical unrest and regional conflicts, including the conflict in Iran and its effect on global oil supply and prices, continued funding of government spending, the timing of such funding, general economic and business conditions, including unforeseen weakness in the Company’s markets, competition, changes in technology and methods of marketing, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, market acceptance of the Company’s products, shortages in components or price increases that cannot be passed on to customers, inability to fully realize the expected benefits from acquisitions and restructurings or delays in realizing such benefits, challenges in integrating acquired businesses and achieving anticipated synergies, changes to export regulations, difficulties in retaining key employees and customers, changes in the market for microcap stocks regardless of growth and value and various other factors beyond our control. Risks and uncertainties are identified and discussed in our filings with the Securities and Exchange Commission. These forward-looking statements are based on information and management’s expectations as of the date hereof. Future results may differ materially from our current expectations. For more information regarding potential risks and uncertainties, see the “Risk Factors” section of the Company’s Form 10-K for the fiscal year ended September 30, 2025. Genasys Inc. disclaims any intent or obligation to publicly update or revise forward-looking statements, except as otherwise specifically stated.

Investor Relations Contact

Scott Liolios and Clay Liolios
Gateway Group, Inc.
949-574-3860
GNSS@gateway-grp.com

Filing Exhibits & Attachments

2 documents

Press Releases

• EX-99.1 EX-99.1 15.4 KB

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA WITH EMBEDDED LINKBASES DOCUMENT 23.3 KB