Lantronix Inc. filings document a Delaware operating company that sells Edge AI and Industrial IoT hardware, software and services for connected devices, secure networking and remote management. Form 8-K reports furnish quarterly operating results, management prepared remarks and Regulation FD materials tied to the company's fiscal reporting cycle.
Other filings cover capital-structure and governance matters, including an at-the-market common stock sales agreement, executive compensation arrangements, annual meeting voting results and the definitive proxy statement for director elections, auditor ratification and advisory compensation votes. The record also includes exhibits and Inline XBRL cover-page data associated with those disclosures.
Lantronix, Inc. entered into a Sales Agreement establishing an at-the-market offering program to sell up to $30,000,000 of its common stock through Needham & Company, LLC and Canaccord Genuity LLC as sales agents. The company may, at its sole discretion, periodically instruct a designated agent on the amount, timing, and minimum price of shares to be sold, and is not obligated to sell any shares.
Sales will be made pursuant to the company’s effective Registration Statement on Form S-3 and a related prospectus supplement. The designated agent will use commercially reasonable efforts to execute sales and will receive a 3% commission on the gross proceeds from each sale. The agreement includes customary representations, covenants, and indemnification provisions, and may be terminated by the company or either sales agent under its terms.
Lantronix, Inc. has priced a prospectus supplement to sell up to $30,000,000 of its common stock in an at-the-market offering pursuant to a Sales Agreement with Needham & Company, LLC and Canaccord Genuity LLC dated May 8, 2026. Sales may occur from time to time through the Sales Agents, who will receive a 3% commission on gross proceeds. The offering example assumes the May 7, 2026 closing price of $5.83 per share and estimates as-adjusted net tangible book value of $1.55 per share after the illustrated $30.0 million raise. Proceeds are intended for working capital and general corporate purposes; timing and amounts sold will depend on market conditions.
Lantronix, Inc. generated net revenue of $30.2 million for the quarter ended March 31, 2026, up 5.9% from $28.5 million a year earlier, and reduced its net loss to $1.2 million from $3.9 million. Gross margin held near 43%, reflecting a shift toward higher-margin Embedded IoT and Software & Services.
For the nine-month period, revenue was $89.7 million versus $94.1 million, but the net loss improved to $3.9 million from $8.7 million as operating expenses fell by nearly $5.0 million, including lower restructuring and acquisition costs. Cash and cash equivalents increased to $23.5 million, supported by $8.0 million of operating cash flow, while total debt declined to $8.8 million under a revolving credit facility that Lantronix remained in compliance with. Growth was strongest in the Americas and in Embedded IoT and SaaS offerings, partially offset by weaker IoT System Solutions and lower sales in EMEA and Asia Pacific.
Lantronix reported fiscal third-quarter 2026 net revenue of $30.2 million, up from $28.5 million a year earlier. GAAP results showed a net loss of $1.2 million, or $0.03 per share, while non-GAAP net income was $1.5 million, or $0.04 per share. GAAP gross margin was 43.1%, with non-GAAP gross margin at 43.6%. Embedded IoT Solutions revenue grew 22% year over year to $14.6 million, offsetting softer IoT System Solutions demand. Cash and cash equivalents were $23.5 million and debt was $8.7 million, with $7.9 million of operating cash flow generated fiscal year-to-date. For Q4 FY2026, the company guides revenue to $29–$33 million and non-GAAP EPS to $0.03–$0.05, and now expects fiscal 2026 drone revenue of $10–$14 million, targeting about $12 million at the midpoint.
Lantronix Inc. director Sailesh Chittipeddi increased his direct equity stake through RSU vesting, not open-market trading. On May 4, 2026, 8,540 shares of common stock were issued upon the vesting of previously granted restricted stock units that convert to common stock on a one-for-one basis.
Following the transaction, he directly holds 32,291 shares of Lantronix common stock and 8,541 restricted stock units. The RSUs were granted on November 4, 2025 and vest in two equal installments six months and one year after the grant date.
Lantronix Inc director Kevin S. Palatnik increased his equity stake through RSU vesting. On May 4, 2026, he acquired 8,540 shares of common stock upon the vesting and conversion of an equal number of restricted stock units (RSUs), which convert into common stock on a one-for-one basis.
Following this compensation-related event, he directly holds 48,139 shares of common stock and 8,541 RSUs. The RSUs were granted on November 4, 2025 and vest in two equal installments, six months and one year after the grant date, resulting in full vesting after one year.
Lantronix Inc. director James Chris Auker acquired 8,540 shares of common stock through the vesting of restricted stock units (RSUs). The RSUs convert into common stock on a one-for-one basis. Following the transaction, he holds 18,927 shares of common stock directly and 8,541 RSUs.
The RSU grant, made on November 4, 2025, is scheduled to vest over one year, with one half of the shares vesting six months after the grant date and the remainder on the first anniversary. This filing reflects routine equity compensation rather than an open-market purchase or sale.
Lantronix Inc. director Hoshi Printer reported the vesting of restricted stock units that converted into common stock. On May 4, 2026, 8,540 shares of common stock were issued upon the vesting of previously granted RSUs, which convert into common stock on a one-for-one basis.
After these transactions, Printer directly holds 229,564 shares of common stock and 8,541 RSUs, reflecting equity compensation rather than any open-market buying or selling activity.
Lantronix Inc. director Narbeh Derhacobian acquired 8,540 shares of common stock through RSU vesting. On May 4, 2026, restricted stock units converted into common stock on a one-for-one basis. After the transaction, he directly holds 43,139 common shares and 8,541 RSUs. These RSUs were granted on November 4, 2025 and vest in two equal installments, six months and one year after the grant date.