Boxlight Corp
BOXLNasdaqOther · Services-Educational Services · NV · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $109.2M | $135.9M | $176.7M | $221.8M | $185.2M | $54.9M |
| Operating income | −$16.4M | −$19.5M | −$26.3M | $3.0M | −$2.6M | −$12.7M |
| Net income | −$23.8M | −$28.3M | −$39.2M | −$3.7M | −$13.8M | −$16.2M |
| Total assets | $97.5M | $115.3M | $161.8M | $195.4M | $201.4M | $140.0M |
| Total liabilities | $96.3M | $99.7M | $116.5M | $115.0M | $119.6M | $66.6M |
| Equity | $1.3M | −$12.9M | $16.8M | $51.9M | $53.3M | $44.5M |
| EPS (diluted) | $-39.74 | $-90.69 | $-21.38 | $-0.58 | $-0.23 | $-0.39 |
| Shares out. | 2.2M | 9.7M | 74.8M | 65.5M | 56.7M | 14.5M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- −15.0%
- Net margin
- −21.8%
- Return on equity
- −1897.2%
- Return on assets
- −24.4%
- Return on capital (ROCE)
- −29.9%
- Liabilities / assets
- 98.7%
- Debt / equity
- 76.72×
- Book value / share
- $0.56
- Revenue growth (YoY)
- −19.6%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- -4.55distress
- Accruals / assets
- −21.0%clean
- Beneish M-Score
- -3.63normal
- Piotroski F-Score
- 4/9mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 2 severe● 5 warning● 1 good- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- Revenue declined year-over-year
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗Mar 31, 2026
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2022
- NT 10-Qmissed a reporting deadline ↗Aug 14, 2018
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Khan Md EhsanActivist (13D)Feb 18, 2026
- Anson Funds Management LpPassive (13G)Feb 17, 2026
- L1 Capital Global Opportunities Master Fund, Ltd.Passive (13G)Nov 14, 2025
- Kazazian Asset Management, LlcPassive (13G)Nov 12, 2025
- Hic 2, LlcActivist (13D)Sep 29, 2025
- Roystone Management Holdings LlcPassive (13G)Jun 18, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 71,022 | 1.0 | -14.5% |
| Apr 30, 2026 | 83,027 | 1.0 | -12.2% |
| Apr 15, 2026 | 94,585 | 1.0 | -50.4% |
| Mar 31, 2026 | 190,555 | 1.0 | +34.2% |
| Mar 13, 2026 | 141,952 | 1.0 | -29.2% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Results of operationsMay 15, 2026
- Delisting / listing-standard noticeApr 23, 2026
- Results of operationsApr 13, 2026
- Entered a material agreementApr 7, 2026
- Other material eventFeb 23, 2026
- Director / officer changeJan 16, 2026
- Entered a material agreement · New financial obligation · Director / officer changeDec 29, 2025
- Modified shareholder rights · Amended charter or bylaws · Regulation FD disclosureDec 19, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- 10-QMay 15, 2026
- 8-KMay 15, 2026
- DEF 14APROXY STATEMENTMay 5, 2026
- PRE 14APROXY STATEMENTApr 24, 2026
- 8-KApr 23, 2026
- 10-KApr 15, 2026
- 8-KApr 13, 2026
- 8-KApr 7, 2026
- NT 10-KMar 31, 2026
- 8-KFeb 23, 2026
- SCHEDULE 13DFeb 18, 2026
- SCHEDULE 13G/AFeb 17, 2026
- 8-KJan 16, 2026
- 8-KFORM 8-KDec 29, 2025
- 8-KDec 19, 2025
Event-driven situations (2)
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