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. (LTRX) common shares are the subject of former director James Chris Auker’s notice of a proposed sale of 20,000 shares, with an aggregate market value of $92,376. The approximate sale date is November 12, 2026, and Raymond James & Associates, Inc. is named as broker.
Lantronix, Inc. (LTRX) reported net revenue of $32.369 million for the three months ended September 30, 2026, up 8.6% from $29.794 million a year earlier. Gross profit was $14.513 million, and gross margin was 44.8% in both periods. Net loss narrowed to $463,000 from $1.401 million.
Embedded IoT Solutions revenue rose 36.7% to $15.680 million and Software and Services revenue rose 40.0% to $2.615 million; IoT System Solutions revenue fell 14.5% to $14.074 million. Lantronix closed its acquisition of Vecima Networks’ industrial IoT business, including the Nero tracking platform, on August 1, 2026. Estimated aggregate consideration was $11.634 million, including $10.343 million paid at closing and $1.291 million in estimated holdback consideration payable within six months following closing. Operating activities used $2.505 million of cash, compared with $3.605 million provided a year earlier. Lantronix attributed current-quarter operating cash use primarily to increased inventory and payment of variable accrued compensation. At September 30, 2026, cash and cash equivalents were $37.620 million and outstanding debt was $4.938 million.
Lantronix reported fiscal first-quarter 2027 revenue of $32.4 million, up over 8% year over year, and non-GAAP net income of $2.2 million, up 50%. Embedded IoT Solutions revenue grew 37%. GAAP net loss was $463 thousand, compared with $1.401 million a year earlier; non-GAAP gross margin was 45.3%. Cash and cash equivalents plus short-term marketable securities were approximately $51.5 million as of September 30, 2026.
Lantronix closed its Nero Global Tracking acquisition during the quarter, and software and services exceeded 10% of total revenue on a pro forma basis. For fiscal Q2 2027, it expects revenue of $32.5 million to $34.5 million and non-GAAP net income of $1.8 million to $2.7 million, or $0.04 to $0.06 per share, for the quarter ending December 31, 2026. It reaffirmed its expectation for double-digit fiscal 2027 revenue growth. Two design wins covered advanced surveying equipment and jobsite security cameras.
Lantronix, Inc. (LTRX) stockholders approved an amendment to the 2020 Performance Incentive Plan, adding 1,800,000 shares for award grants and setting the plan’s new aggregate share limit at 8,949,047 shares. The approval took place at the November 3, 2026 annual meeting. The amendment received 19,175,810 votes for, 1,878,406 against, and 341,828 abstentions; 10,575,730 broker non-votes were recorded.
Stockholders elected Saleel Awsare, Sailesh Chittipeddi, Narbeh Derhacobian, Jason Lamb, and Kevin Palatnik to the board for terms ending at the 2027 annual meeting, subject to successors being duly elected and qualified or earlier resignation or removal. They also ratified Baker Tilly US, LLP as independent registered public accountants for the fiscal year ending June 30, 2027, and approved named executive officer compensation on a non-binding advisory basis.
Lantronix Inc. (LTRX) director James Chris Auker reported the vesting of 8,541 restricted stock units, with 8,541 common shares issued on November 2, 2026. He directly held 27,468 common shares after the transaction. The RSUs convert into common stock on a one-for-one basis; they were granted on November 4, 2025.
Lantronix Inc. director Kevin S. Palatnik received 8,541 common shares upon vesting of 8,541 restricted stock units on November 2, 2026. The RSUs converted into common stock one-for-one, and his direct common-stock holdings after the transaction were 56,680 shares. The units were granted November 4, 2025, with half vesting six months after the grant date and half on its first anniversary.
Lantronix Inc. director Narbeh Derhacobian acquired 8,541 common shares on November 2, 2026, upon vesting of restricted stock units granted November 4, 2025. The units convert into common stock one-for-one, and he directly held 51,680 shares after the transaction.
Lantronix Inc. (LTRX) director Hoshi Printer acquired 8,541 common shares on November 2, 2026, when restricted stock units vested. The RSUs were granted on November 4, 2025, and convert into common stock one-for-one. After the transaction, Printer reported 145,531 directly held common shares and 92,574 shares held indirectly through Printer Family Trust.
Lantronix Inc. director Sailesh Chittipeddi acquired 8,541 common shares on November 2, 2026, when restricted stock units vested and converted into common stock one-for-one. His reported direct common-stock holdings after the transaction were 40,832 shares. The units were granted November 4, 2025; the stated schedule provides for half to vest six months after the grant date and half on its first anniversary, with full vesting after one year.