Here are the 10-K annual reports from Precision Optics Corporation, Inc. (POCI) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow POCI 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 POCI filings page.
Precision Optics Corporation, Inc. (POCI) reported fiscal 2026 revenue of $31.5 million, up 65.2% from $19.1 million in fiscal 2025. Net loss narrowed to $3.63 million from $5.78 million. Gross profit increased to $5.43 million from $3.40 million, while gross margin was 17.2%, versus 17.8%.
Systems Manufacturing revenue rose to $22.63 million from $8.29 million and accounted for 71.8% of sales. Engineering Design Services fell 29.7% to $3.47 million, MicroOptics Lab fell 75.7% to $519,540, and Ross Optical Industries rose 31.7% to $4.91 million. Two customers represented approximately 41% and 27% of revenue.
Cash and cash equivalents totaled $9.84 million at June 30, 2026; operating activities used $1.55 million, compared with $3.40 million in fiscal 2025. A March 2026 public offering generated $10.63 million net. On September 25, 2026, the lender agreed to waive the debt-service coverage covenant for June 30, 2026 and replace it with a $2.0 million minimum liquidity covenant. The lender also agreed to provide $750,000 of revolving-line availability, subject to borrowing-base requirements, with availability increasing to $1.25 million upon attaining a 1.2x debt-service coverage ratio.
Precision Optics Corporation (POCI) filed Amendment No. 1 to its Annual Report to include Items 10–14 of Part III after determining it would not file a definitive proxy within 120 days of fiscal year-end. The amendment updates directors and executive officers, governance practices, executive and director compensation, beneficial ownership, and auditor fees, and adds new Section 302 officer certifications.
No financial statements are included, and Section 906 certifications are not required for this amendment. Board changes include the appointments of Buell G. Duncan on February 28, 2025 and Joseph P. Pellegrino, Jr. on March 19, 2025, and the resignations of Dr. Richard B. Miles on February 28, 2025 and Peter V. Anania on March 14, 2025. Compensation updates include a bonus of 20,000 shares to the CEO valued at $94,200 at $4.71 per share and option grants (CEO 200,000; CFO 50,000; COO 40,000, subject to forfeiture upon departure on October 31, 2025). Shares outstanding were 7,714,701 as of September 20, 2025. Audit fees totaled $173,746 for the year ended June 30, 2025.
Precision Optics Corporation, Inc. (POCI) filed a Form 10-K reporting fiscal year results and disclosures for the year ended June 30, 2025. The company disaggregates revenue by two segments: Systems Manufacturing with $8,290,225 and MicroOptics Lab with $2,135,562. The consolidated results show a significant operating loss of $5,551,291 and a loss before income taxes of $5,778,310. Stockholders' equity reflects 7,714,701 shares outstanding at June 30, 2025.
Liquidity and financing actions are highlighted: net proceeds from a registered direct offering in August 2024 were approximately $1.2 million and an unregistered placement in February 2025 generated gross proceeds of approximately $5.1 million. Contract liabilities increased to $1,773,735 from $405,278. Long-term debt, net of current maturities, is reported as $1,289,205, and certain debt covenants required an equity raise of at least $4.5 million, which the company satisfied on February 21, 2025.