PCS Edventures!, Inc. (PCSV) SEC Filings

PCS Edventures!, Inc. reported operational results for the first quarter of fiscal year 2027, covering the period ended June 30, 2026. Management acknowledged that the quarter started slower than hoped, but stated that current visibility still suggests fiscal 2027 will be better than the prior year.

The company highlighted ongoing investment in its sales department, with plans to continue hiring as that team is built out and optimized. PCS Edventures also emphasized traction from its recently released Career Pathways drone program and the launch of its AI Innovators enrichment program aimed at TK-12 STEM and AI curriculum demand.

PCS Edventures!, Inc. reported lower results for the quarter ended June 30, 2026 but remained profitable with a strong balance sheet. Revenue was $1,740,616, down from $2,423,308 a year earlier, producing gross profit of $1,093,296 and operating income of $82,001. Net income was $74,595 versus $445,153 in the prior-year quarter.

PCS ended the quarter with $2.65 million in cash, $2.29 million in net inventory, $0.63 million in accounts receivable and no debt. Working capital was $5.24 million and the current ratio was about 13.5, supported by total assets of $8,845,493 and total liabilities of $1,124,236. Management states it believes existing cash, inventory and expected sales can sustain operations over the next 12 months.

Cash provided by operating activities was $24,279, down from $432,279 a year earlier, as lower earnings and higher inventory and receivables absorbed cash. During the quarter, the company repurchased 32,556 shares of common stock for $48,818 and issued 1,667 Rule 144 restricted shares as director compensation. PCS also reports federal net operating loss carryforwards of $7,574,618 and net deferred tax assets of $2,198,797.

Iddings Sean Patrick reported acquisition or exercise transactions in this Form 4 filing.

PCS Edventures!, Inc. director Sean Patrick Iddings reported routine equity compensation and updated his indirect holdings. He received a grant of 1,667 shares of common stock at $1.578 per share as compensation for his Board service for the quarter ended June 30, 2026. These shares are classified as “restricted securities” under SEC Rule 144 and bring his directly held common stock position to 56,665 shares. The filing also reflects 75,882 shares held indirectly through his spouse and 71,666 shares in an account owned by his brother-in-law, where he has investment discretion but no pecuniary interest.

PCS Edventures!, Inc. reported weaker results for fiscal year 2026, with revenue down 14.4% to $6.3 million and net income before income taxes dropping 74.6% to $321,455. The company still produced a solid 60.5% gross margin.

PCS ended the year with $2.7 million in cash and no debt, and reduced its share count by 4.66% to 9,707,960 shares through repurchases. Management highlighted a new COO and Director of Sales, a next-generation drone program, a $1.5 million order expected in the second half of the calendar year, and a 1-for-12 reverse stock split as part of broader operational and shareholder-focused initiatives.

PCS Edventures!, Inc. reported weaker results for the year ended March 31, 2026. Revenue was $6,349,761 compared with $7,421,228 a year earlier, mainly due to lower reseller sales, smaller Catapult and AFJROTC orders, and fewer large customer deals.

Net income fell to $253,182 from $946,865 as operating expenses rose to $3,623,091. Even so, the company ended the year with $2,674,538 in cash, no debt, working capital of $5,182,166 and a current ratio of 12.5. PCS continued investing in growth and repurchased 481,561 shares for $626,319 under its buyback program, while operating in a highly seasonal TK‑12 STEM/STEAM education market.

PCS Edventures!, Inc. filed a current report stating it will give a company presentation on June 17, 2026 at the “Planet Microcap Las Vegas” conference at the Bellagio Hotel, held from June 16–18, 2026.

The presentation is provided as Exhibit 99 and is furnished under Regulation FD, meaning it is not deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934 and is not incorporated by reference into the company’s Securities Act or Exchange Act filings.

PCS Edventures!, Inc. CEO Todd Raymond Hackett reported an administrative change in his holdings following a 1-for-12 reverse stock split. The filing shows a non-market "other" transaction code reflecting this restructuring.

Prior to the reverse split, Mr. Hackett held 55,465,380 shares of common stock. After the split and rounding up of fractional shares, he holds 4,622,116 shares of post–reverse-split common stock at a reported reference value of $1.80 per share, with no open-market buying or selling indicated.

PCS Edventures!, Inc. President Michael James Bledsoe reported an administrative update to his holdings tied to a 1-for-12 reverse stock split that took effect on May 4, 2026. The filing shows his position moving from 2,734,235 pre-split shares to 227,855 post-split common shares, with fractional shares rounded up. This reflects a mechanical share-count adjustment rather than a market buy or sell.

PCS Edventures!, Inc. director Sean Patrick Iddings reported other transactions in company common stock tied to a 1-for-12 reverse stock split. On May 4, 2026, the stock began trading post-split, with fractional shares rounded up to the nearest whole share.

Before the reverse split, he held or controlled 2,430,600 common shares. After the split, his direct ownership became 54,998 shares, and his indirect ownership, including a spouse account and an account managed for his brother-in-law with no pecuniary interest, totaled 147,548 shares. Reported transactions use a reference price of $1.80 per share and are coded as "other acquisition or disposition" rather than open-market buys or sells.