Every 10-Q that Emerson Radio Corp. (MSN) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow MSN and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full MSN filings page.
Emerson Radio Corp. reported net revenues of $1.054 million for the quarter ended June 30, 2026, down from $1.675 million a year earlier, driven by a 41.5% decline in product sales as some key customers refused tariff‑related price increases. Licensing revenue increased to $125,000, helped by higher minimum royalties. A one‑time $568,000 refund of previously paid IEEPA tariffs, including interest, materially reduced cost of sales, contributing to a narrower operating loss of $686,000 and a net loss of $566,000, versus a $1.140 million loss last year.
Cash and cash equivalents were $5.3 million and short‑term investments $6.2 million, with total assets of $18.2 million and no debt beyond lease liabilities. The company disclosed significant customer and supplier concentration, and U.S. and China tariff and geopolitical exposures. It holds U.S. federal NOL carryforwards of $24.9 million, fully offset by a valuation allowance. Management concluded disclosure controls were effective and believes existing cash and investments can support operations for at least 12 months.
Emerson Radio Corp. reported sharply lower sales and continued losses for the quarter ended December 31, 2025. Net revenues fell to about $1.9 million from $4.0 million a year earlier, mainly because Walmart discontinued a key clock radio product and tariffs pressured its microwave line.
The company posted a quarterly net loss of roughly $694,000 compared with a $527,000 loss last year, and a nine‑month loss of about $2.9 million versus $2.4 million. Sales remain highly concentrated, with Amazon and other large retailers representing the majority of revenue and receivables, increasing customer risk.
Despite weaker results, Emerson held approximately $4.2 million in cash and cash equivalents and about $18.3 million of working capital, and it believes existing cash and investments will support operations for the next 12 months. The company also notes a prior $10.4 million trademark judgment in its favor, though recovery is uncertain due to the defendants’ bankruptcy proceedings.
Emerson Radio (MSN) reported Q2 FY2026 results showing a sharp year-over-year decline. Net revenues were $1.215 million versus $2.738 million a year ago, driven primarily by the discontinuation of a Walmart clock radio and tariff pressure on microwaves. The quarter recorded an operating loss of $1.196 million and a net loss of $1.043 million versus a $0.881 million loss last year.
For the first six months, net revenues were $2.890 million (from $4.936 million) with a net loss of $2.183 million (from $1.843 million). Cost controls helped reduce SG&A to $1.195 million in the quarter, but near-zero gross margin (cost of sales ~$1.216 million on $1.215 million revenue) kept results negative. Cash and cash equivalents were $0.956 million and short-term investments $12.545 million; working capital was approximately $18.9 million. Customer concentration remained high, with Amazon comprising 56% of quarterly net revenues over 10% customers.