Guerrilla RF, Inc. filings document the formal disclosures of an OTCQX radio frequency and microwave semiconductor company. Recent Form 8-K reports furnish quarterly and annual operating results, including revenue trends, gross margin, operating cash flow, backlog, catalog-product activity, cost controls, and management commentary on profitability.
The company’s regulatory record also includes material-agreement disclosures for amended loan arrangements and proxy materials for annual-meeting governance, director elections, and auditor ratification. These filings describe capital-structure obligations, board and stockholder voting matters, and the reporting status of a company whose cited reports state that it has no securities registered under Section 12(b) of the Exchange Act.
Guerrilla RF, Inc. reported a sharply improved first quarter of 2026, with revenue rising 48% year over year to $6.5 million, driven mainly by a 207% jump in catalog product sales to $4.8 million. International revenue reached $2.2 million, or 33% of total sales.
Gross profit increased 69% to $4.5 million and gross margin expanded to 69.9%, helped by higher volumes and a richer product mix. Operating loss narrowed to just $46 thousand, a $3.1 million improvement from the prior year, while net income swung to $1.1 million, or $0.06 per share, from a loss of $3.5 million.
The company ended March 31, 2026 with $3.2 million in cash and an $8.8 million product backlog, up from $6.7 million a year earlier. Management highlighted disciplined cost control, lower operating expenses, and a focus on converting design wins as they target full-year operating profitability in 2026.
Guerrilla RF, Inc. files a Post-Effective Amendment No. 4 to its Form S-1 to register the resale of up to 5,592,358 shares of Common Stock by identified selling stockholders, adjusted to reflect a prior six-for-one reverse stock split. The company states: "We will not receive any proceeds" from sales by the selling stockholders; proceeds may be received upon exercise of outstanding warrants. The prospectus updates the registration to incorporate the Company’s Form 10-K for the fiscal year ended December 31, 2025 and supplements disclosure including shares outstanding of 10,642,735 as of March 31, 2026.
Guerrilla RF files a Post-Effective Amendment to its Form S-1 to register for resale 10,098,361 shares of Common Stock held by selling stockholder NR-PRL Partners, LP. The filing states the company will not receive proceeds from these resale sales; the company may receive proceeds if warrants covered by the prospectus are exercised.
Shares outstanding were 10,642,735 as of March 31, 2026. The prospectus discloses that the 2024 North Run Private Placement produced $22.0 million in gross proceeds and that the resale amount comprises conversion shares and warrants.
Guerrilla RF, Inc. has filed Post-Effective Amendment No. 2 to its Form S-1 to update the registration statement and prospectus with information from its Annual Report on Form 10-K for the fiscal year ended December 31, 2025. This amendment permits the resale by selling stockholders of up to 5,215,086 shares of Common Stock and elects to use incorporation by reference. No new securities are being registered in this amendment; the company states it will not receive proceeds from resale transactions, though it may receive proceeds from any warrant exercises covering these shares.
Guerrilla RF, Inc. filed Post-Effective Amendment No. 3 to its Form S-1 to update the registration statement and prospectus and to elect incorporation by reference, reflecting a reverse stock split and the inclusion of its Annual Report on Form 10-K for the fiscal year ended December 31, 2025.
The prospectus supplement states the resale registration covers up to 1,988,486 shares of Common Stock, and reports 10,642,735 shares outstanding as of March 31, 2026. The company discloses liquidity and operating metrics including a $4.2 million cash balance as of December 31, 2025, and a $7.0 million net loss for the year ended December 31, 2025. The prospectus notes the Company will not receive proceeds from resales and lists outstanding convertible and warrant instruments.
Guerrilla RF, Inc. is asking stockholders to vote at its June 3, 2026 virtual annual meeting on electing two Class II directors and ratifying Forvis Mazars, LLP as independent auditor for 2026. Only holders of 10,642,735 common shares and 22,000 preferred shares as of April 6, 2026 may vote.
The board is staggered into three classes and has nine members, with Ryan Pratt serving as both CEO and Chairman and James (Jed) Dunn as lead independent director. The proxy outlines director independence, committee structures, executive and director pay, equity plans, major shareholders, and recent related-party financings, including the 2024 private placements and amendments to the Salem loan facility.
Guerrilla RF, Inc. is a fabless semiconductor company focused on high‑performance RF integrated circuits for wireless infrastructure, automotive, and a range of catalog markets such as satellite navigation, cellular repeaters, and defense communications. It designs in‑house but outsources wafer fabrication, assembly, and test to partners in Taiwan, Singapore, Malaysia, and the U.S.
For the year ended December 31, 2025, the company recorded an operating loss of $4.7 million and a net loss of $7.0 million, compared with a net loss of $10.8 million in 2024. As of that date it had an accumulated deficit of $60.8 million and cash of $4.2 million, and management expects continued net losses and negative cash flow in the near term even though operating results turned modestly positive in late 2025.
R&D spending was $8.6 million in 2025, supporting 20 new products and bringing its catalog to 183 products. The business is highly concentrated: one major distributor accounted for 65% of 2025 revenue and the top three end customers represented 36%. The filing highlights risks around the need for additional capital, restrictive terms tied to a 2024 Series A preferred financing with North Run, prior internal control weaknesses now remediated, supply‑chain dependence on a small number of foundries and assemblers, intense industry competition, and exposure to macroeconomic and geopolitical volatility.
Guerrilla RF, Inc. reported a major financial inflection point for Q4 and full year 2025, highlighted by record quarterly revenue of $6.7 million, up 53% year over year. The company achieved operating profitability and generated positive operating cash flow in the fourth quarter.
Disciplined cost controls drove leverage: research and development expenses fell about 24% for the quarter and 12% for the year versus 2024, while administration expenses declined 43% for the quarter and 19% for the year. Total operating expenses fell by $1.4 million compared to Q4 2024 and by $2.1 million for the full year.
As of December 31, 2025, the company held $4.2 million in cash. Operationally, Guerrilla RF ended 2025 with 183 total production-released products and 83 products with lifetime revenue above $100,000. Product backlog was $6.3 million, up from $5.4 million a year earlier, supporting management’s goal of achieving full-year profitability in 2026.
Guerrilla RF, Inc. entered into Amendment No. 3 to its Amended and Restated Loan Agreement with its primary lender, Salem Investment Partners V, Limited Partnership, on December 30, 2025. In light of what it describes as improved operating performance and progress on strategic and financial initiatives during 2025, the lender agreed to extend the loan term by 12 months and revise the principal repayment schedule to payments of $200,000 on 12/31/2026, $1.5 million on 12/31/2027, $1.5 million on 12/31/2028, and $1.3 million on 12/31/2029. The amendment also adds a 1% fee of $45,000 payable to Salem at loan maturity. Management characterizes this amendment as a constructive development that reflects disciplined execution of its business plan and proactive balance sheet management.
Guerrilla RF, Inc. (GUER) reported an insider equity update for its Chief Operating Officer on a Form 4. Following the reported transactions, the officer directly owns 19,380 shares of common stock. In derivative securities, the officer holds 25,000 stock options granted on 11/17/2025 at an exercise price of $3.05 per share, expiring on 11/17/2035. Each restricted stock unit (RSU) represents one share of common stock, including 4,167 RSUs that vest on 1/1/2026 and 11,793 RSUs that vest in two tranches on 1/1/2026 and 1/1/2027, all subject to continued service. The filing also notes fully vested stock options covering 24,590 and 1,774 underlying common shares with expirations in 2029 and 2030.