Overview
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- TickerLTRX on Nasdaq2
- IndustryComputer Communications Equipment2
- HeadquartersFelton, United States2
- Incorporated inDE4
- Business address48 Discovery, Suite 250, Irvine, Ca 926184
- Filer categoryAccelerated filer, Smaller reporting company4
- Legal formCorporation2
- LEI529900SB1TZLV767KQ312
- StatusActive2
- LEI statusIssued and current2
- Registered addressc/o TELOS LEGAL CORP., 13 WEST MAIN STREET P.O. BOX 953, 19943 Felton, United States2
- Registered withDivision of Corporations, Department of State, 32337382
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Enterprise: In the financial sector, we provide solutions to a Tier 1 banking customer to enhance network resiliency using our Out-of-Band (“OOB”) Management offerings. Our hardware and software offerings provide secure alternative pathways for critical infrastructure, including servers, networks, and routers. These solutions not only bolster cybersecurity and tracking but also improve operational efficiency through enhanced automation, uptime, and resiliency.6 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2026
43.8%Gross margin3
-3.4%Operating margin3
-3.5%Net margin3
-1.6%Revenue growth, 20263
-3.5%Return on equity3
0.00×Debt to equity3
$9.3MFree cash flow3
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
IoT System Solutions brought in 48% of the revenue LANTRONIX INC broke down this way in fiscal 2026.
Products and services by year
| Products and services | 2025 | 2026 |
|---|---|---|
| IoT System Solutions | $68.7M | $58.3M |
| Embedded IoT Solutions | $46.4M | $53.6M |
| Software And Services | $7.8M | $9.0M |
Where the money goes
Where each dollar of revenue went, fiscal 2026
- Cost of revenue0¢$255.0K
- Research and development15¢$17.6M
- Selling, general and admin31¢$37.0M
- Other costs54¢$65.8M
- Income tax0¢$279.0K
Out of $120.9M in revenue.3 The company lost money this year.
Where each dollar of operating cash went, fiscal 2026
- Capital spending6¢$612.0K
- Kept or used elsewhere94¢$9.3M
Out of $9.9M of cash from operations.3
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.3
| Period ending | 2026-06-30 | 2025-06-30 |
|---|---|---|
| Net revenue | $120.9M | $122.9M |
| Cost of revenue | $68.0M | $71.2M |
| Gross profit | $52.9M | $51.7M |
| Selling, general and administrative | $37.0M | $36.2M |
| Research and development | $17.6M | $18.6M |
| Restructuring, severance and related charges | $566.0K | $3.5M |
| Acquisition-related costs | $315.0K | $371.0K |
| Amortization of intangible assets | $1.6M | $4.0M |
| Total operating expenses | $57.0M | $62.7M |
| Loss from operations | -$4.1M | -$11.0M |
| Interest income (expense), net | $133.0K | -$511.0K |
| Other income (expense), net | $86.0K | -$100.0K |
| Loss before income taxes | -$3.9M | -$11.6M |
| Provision for (benefit from) income taxes | $279.0K | -$239.0K |
| Net loss and comprehensive loss | -$4.2M | -$11.4M |
| Net loss per share - basic | -$0.10 | -$0.29 |
| Net loss per share - diluted | -$0.10 | -$0.29 |
| Weighted-average common shares - basic | 40.1M shares | 38.6M shares |
| Weighted-average common shares - diluted | 40.1M shares | 38.6M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.3
| Period ending | 2026-06-30 | 2025-06-30 | 2024-06-30 |
|---|---|---|---|
| Cash and cash equivalents | $60.5M | $20.1M | |
| Accounts receivable, net | $25.3M | $25.1M | |
| Inventories, net | $25.8M | $26.4M | |
| Contract manufacturers receivable | $3.5M | $3.1M | |
| Prepaid expenses and other current assets | $2.3M | $2.8M | |
| Total current assets | $117.4M | $77.4M | |
| Property and equipment, net | $1.5M | $2.5M | |
| Goodwill | $31.1M | $31.1M | $27.8M |
| Intangible assets, net | $2.2M | $3.7M | |
| Lease right-of-use assets | $7.4M | $8.4M | |
| Other assets | $755.0K | $624.0K | |
| Total assets | $160.3M | $123.7M | |
| Accounts payable | $17.0M | $13.3M | |
| Accrued payroll and related expenses | $4.8M | $3.5M | |
| Current portion of long-term debt, net | $0 | $3.1M | |
| Other current liabilities | $10.3M | $10.6M | |
| Total current liabilities | $32.1M | $30.4M | |
| Long-term debt, net | $0 | $8.7M | |
| Other non-current liabilities | $9.0M | $10.2M | |
| Total liabilities | $41.1M | $49.3M | |
| Preferred stock, $0.0001 par value; 5,000,000 shares authorized; none issued and outstanding | $0 | $0 | |
| Common stock, $0.0001 par value; 100,000,000 shares authorized; 46,594,283 and 39,102,563 shares issued and outstanding at June 30, 2026 and 2025, respectively | $5.0K | $4.0K | |
| Additional paid-in capital | $357.5M | $308.4M | |
| Accumulated deficit | -$238.6M | -$234.4M | |
| Accumulated other comprehensive income | $344.0K | $371.0K | |
| Total stockholders equity | $119.3M | $74.4M | $81.4M |
| Total liabilities and stockholders equity | $160.3M | $123.7M | |
| Preferred stock, par value | $0.00 | $0.00 | |
| Preferred stock, shares authorized | 5.0M shares | 5.0M shares | |
| Preferred stock, shares issued | 0 shares | 0 shares | |
| Preferred stock, shares outstanding | 0 shares | 0 shares | |
| Common stock, par value | $0.00 | $0.00 | |
| Common stock, shares authorized | 100.0M shares | 100.0M shares | |
| Common stock, shares issued | 46.6M shares | 39.1M shares | |
| Common stock, shares outstanding | 46.6M shares | 39.1M shares |
| Period ending | 2026-06-30 | 2025-06-30 | 2024-06-30 |
|---|---|---|---|
| Cash and cash equivalents | $60.5M | $20.1M | |
| Accounts receivable, net | $25.3M | $25.1M | |
| Inventories, net | $25.8M | $26.4M | |
| Contract manufacturers receivable | $3.5M | $3.1M | |
| Prepaid expenses and other current assets | $2.3M | $2.8M | |
| Total current assets | $117.4M | $77.4M | |
| Property and equipment, net | $1.5M | $2.5M | |
| Goodwill | $31.1M | $31.1M | $27.8M |
| Intangible assets, net | $2.2M | $3.7M | |
| Lease right-of-use assets | $7.4M | $8.4M | |
| Other assets | $755.0K | $624.0K | |
| Total assets | $160.3M | $123.7M | |
| Accounts payable | $17.0M | $13.3M | |
| Accrued payroll and related expenses | $4.8M | $3.5M | |
| Current portion of long-term debt, net | $0 | $3.1M | |
| Other current liabilities | $10.3M | $10.6M | |
| Total current liabilities | $32.1M | $30.4M | |
| Long-term debt, net | $0 | $8.7M | |
| Other non-current liabilities | $9.0M | $10.2M | |
| Total liabilities | $41.1M | $49.3M | |
| Preferred stock, $0.0001 par value; 5,000,000 shares authorized; none issued and outstanding | $0 | $0 | |
| Common stock, $0.0001 par value; 100,000,000 shares authorized; 46,594,283 and 39,102,563 shares issued and outstanding at June 30, 2026 and 2025, respectively | $5.0K | $4.0K | |
| Additional paid-in capital | $357.5M | $308.4M | |
| Accumulated deficit | -$238.6M | -$234.4M | |
| Accumulated other comprehensive income | $344.0K | $371.0K | |
| Total stockholders equity | $119.3M | $74.4M | $81.4M |
| Total liabilities and stockholders equity | $160.3M | $123.7M | |
| Preferred stock, par value | $0.00 | $0.00 | |
| Preferred stock, shares authorized | 5.0M shares | 5.0M shares | |
| Preferred stock, shares issued | 0 shares | 0 shares | |
| Preferred stock, shares outstanding | 0 shares | 0 shares | |
| Common stock, par value | $0.00 | $0.00 | |
| Common stock, shares authorized | 100.0M shares | 100.0M shares | |
| Common stock, shares issued | 46.6M shares | 39.1M shares | |
| Common stock, shares outstanding | 46.6M shares | 39.1M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.3
| Period ending | 2026-06-30 | 2025-06-30 |
|---|---|---|
| Net loss | -$4.2M | -$11.4M |
| Share-based compensation | $6.3M | $6.1M |
| Amortization of intangible assets | $1.6M | $4.0M |
| Depreciation and amortization | $1.6M | $2.1M |
| Amortization of manufacturing profit in acquired inventory associated with acquisitions | $18.0K | $88.0K |
| Loss on disposal of property and equipment | $54.0K | $6.0K |
| Amortization of deferred debt issuance costs | $57.0K | $45.0K |
| Gain on reversal of foreign currency translation | -$27.0K | $0 |
| Accounts receivable, net | -$225.0K | $6.2M |
| Inventories, net | $549.0K | $2.0M |
| Contract manufacturers receivable | -$429.0K | -$1.7M |
| Prepaid expenses and other current assets | $414.0K | -$426.0K |
| Lease right-of-use assets | $1.6M | $2.2M |
| Other assets | -$8.0K | -$24.0K |
| Accounts payable | $3.4M | $2.9M |
| Accrued payroll and related expenses | $1.3M | -$2.4M |
| Other liabilities | -$2.1M | -$2.4M |
| Net cash provided by operating activities | $9.9M | $7.3M |
| Purchases of property and equipment | -$612.0K | -$505.0K |
| Cash payment for acquisition | $0 | -$6.5M |
| Net cash used in investing activities | -$612.0K | -$7.0M |
| Net proceeds from issuances of common stock | $44.9M | $357.0K |
| Tax withholding paid on behalf of employees for restricted shares | -$1.7M | -$2.1M |
| Borrowings on debt | $8.8M | $0 |
| Payments on debt | -$20.7M | -$4.5M |
| Payment of lease liabilities | -$120.0K | -$213.0K |
| Net cash provided by (used in) financing activities | $31.1M | -$6.5M |
| Increase (decrease) in cash and cash equivalents | $40.4M | -$6.1M |
| Interest paid | $616.0K | $1.3M |
| Income taxes paid | $259.0K | $636.0K |
No quarter-by-quarter statement was filed.
Corporate structure
LANTRONIX INC sits at the top of its group. 10 entities, 9 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of LANTRONIX INC
- Portolan Capital Management, LLC Filed SCHEDULE 13G on LANTRONIX INC, latest Oct 13, 2026 (3 filings since May 27, 2022)
- STRIDER CAPITAL, LLC Filed SCHEDULE 13G on LANTRONIX INC, latest Sep 28, 2026
- NEEDHAM INVESTMENT MANAGEMENT LLC Filed SCHEDULE 13G on LANTRONIX INC, latest Jul 2, 2026
- Chain of Lakes Investment Fund, LLC Filed SCHEDULE 13D/A on LANTRONIX INC, latest Mar 12, 2026 (5 filings since Aug 1, 2024)
- Stiftung Tl Filed SCHEDULE 13G/A on LANTRONIX INC, latest Feb 6, 2026 (2 filings since Dec 8, 2025)
- TL Investment GmbH Filed SCHEDULE 13D/A on LANTRONIX INC, latest Dec 8, 2025 (2 filings since Nov 24, 2021)
- Orange River Management L.P. Filed SC 13G/A on LANTRONIX INC, latest Feb 13, 2024 (4 filings since Feb 28, 2023)
- LANTRONIX INC Felton, Delaware, United States
- Lantronix Australia Pty. Ltd. Subsidiary · Australia
- Lantronix Canada, ULC Subsidiary · Canada
- Lantronix Holding Company Subsidiary · Delaware, United States
- Lantronix Hong Kong Limited Subsidiary · Hong Kong
- Lantronix India Private Limited Subsidiary · India
- Lantronix IoT GmbH Subsidiary · Germany
- Lantronix Japan K.K. Subsidiary · Japan
- Lantronix Technologies Canada (Taiwan) Ltd. Subsidiary · Taiwan
- Lantronix UK Ltd. Subsidiary · United Kingdom
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What LANTRONIX INC reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $11.7M3 Jun 30, 2026 | $11.5M3 Jun 30, 2025 | +1.1% |
| Accumulated depreciation | $10.2M3 Jun 30, 2026 | $9.1M3 Jun 30, 2025 | +12.5% |
| Property and equipment, net | $1.5M3 Jun 30, 2026 | $2.5M3 Jun 30, 2025 | −40.8% |
| Operating-lease assets (leased space) | $7.4M3 Jun 30, 2026 | $8.4M3 Jun 30, 2025 | −11.8% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $60.5M3 Jun 30, 2026 | $20.1M3 Jun 30, 2025 | +200.9% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $31.1M3 Jun 30, 2026 | $31.1M3 Jun 30, 2025 | 0% |
| Intangible assets, net (excluding goodwill) | $2.2M3 Jun 30, 2026 | $3.7M3 Jun 30, 2025 | −41.8% |
| Finite-lived intangibles, gross | $27.7M3 Jun 30, 2026 | $27.7M3 Jun 30, 2025 | 0% |
| Accumulated amortization | -$25.5M3 Jun 30, 2026 | -$24.0M3 Jun 30, 2025 | −6.5% |
| Finite-lived intangibles, net | $2.2M3 Jun 30, 2026 | $3.7M3 Jun 30, 2025 | −41.8% |
Inventory
| Item | Latest | A year before | Change |
|---|---|---|---|
| Inventory, total | $25.8M3 Jun 30, 2026 | $26.4M3 Jun 30, 2025 | −2.2% |
| Raw materials | $9.2M3 Jun 30, 2026 | $10.8M3 Jun 30, 2025 | −14.3% |
| Finished goods | $16.6M3 Jun 30, 2026 | $15.6M3 Jun 30, 2025 | +6.2% |
Properties, in its own words
The following table presents details regarding our leased facilities:
Locations · Primary Use · Approximate Square Footage
The rest of Item 2
Irvine, California, U.S.A. · Corporate headquarters; sales and marketing, research and development, operations and administration · 12,000
Plymouth, Minnesota, U.S.A. · Operations; warehouse and administration · 66,000
Vancouver, British Columbia, Canada · Engineering, operations and marketing · 8,500
Hyderabad, India · Engineering and design · 18,000
Taipei City, Taiwan · Engineering, sales and marketing · 5,500
We believe our existing facilities are adequate to meet our needs. If additional space is needed in the future, we believe that suitable space will be available on commercially reasonable terms.
Item 2 of the 10-K filed Aug 27, 2026.6
Leadership
Who has led LANTRONIX INC, and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
2010201520202025
- Chief executive officerSaleel Awsare Nov 21, 2023 to now16
- Chief executive officerJeremy Whitaker Mar 15, 2019 to Sep 14, 202317
- Chief executive officerPaul H. Pickle Apr 23, 2019 to Jun 5, 202318
- Chief executive officerJeff Benck Dec 7, 2015 to Mar 5, 201919
- Chief executive officerLarry D. Sanders Aug 18, 2011 to Aug 31, 201120
- Chief executive officerJerry D. Chase Feb 28, 2008 to Feb 9, 201121
- Chief executive officerInvestment Gmbh Tl May 6, 2008 to May 6, 200822
- Chief executive officerMarc H. Nussbaum Feb 21, 2006 to Mar 6, 200723
- PresidentSaleel Awsare Nov 21, 2023 to now16
- PresidentPaul H. Pickle Apr 23, 2019 to Jun 5, 202318
- PresidentJerry D. Chase Feb 28, 2008 to Feb 9, 201121
- PresidentInvestment Gmbh Tl May 6, 2008 to May 6, 200822
- Chief financial officerBrent Michael Stringham Dec 3, 2024 to now24
- Chief financial officerJeremy Whitaker Sep 27, 2011 to Sep 10, 202425
- Chief financial officerJames W. Kerrigan Feb 21, 2006 to Jul 1, 201126
- Chief financial officerReagan Sakai Nov 21, 2006 to Feb 9, 201127
Board members and other officers (43)
- VP, Worldwide SalesKurt W. Hoff May 14, 2024 to now28
- Chief Strategy OfficerMathi Gurusamy May 14, 2024 to now29
- OfficerBrent Michael Stringham Sep 18, 2024 to Oct 1, 202430
- VP of EngineeringEric Bass Feb 8, 2023 to Mar 4, 202431
- VP of Worldwide SalesRoger Holliday Jan 27, 2020 to Dec 13, 202332
- Vice President of EngineeringFathi Hakam Aug 23, 2018 to Sep 19, 202233
- Chief Technology OfficerSanjeev Datla Feb 11, 2016 to Aug 31, 201734
- VP of Worldwide SalesKevin Yoder Mar 11, 2016 to Jan 24, 202035
- VP, EngineeringDaryl R. Miller Feb 22, 2013 to Aug 9, 201836
- Vice President of OperationsMichael Andrew Fink Feb 22, 2013 to Aug 31, 201737
- VP, World Wide SalesRobert Otto Robinson Feb 22, 2013 to Nov 18, 201538
- Financial OfficerReagan Sakai Nov 29, 2007 to Mar 4, 200839
- Board memberKurt W. Hoff Mar 3, 2026 to now40
- Board memberSailesh Chittipeddi May 22, 2025 to now41
- Board memberJames Chris Auker Jul 17, 2025 to now42
- Board memberChrista Steele Jan 26, 2024 to Nov 6, 202443
- Board memberKevin S. Palatnik Nov 6, 2024 to now44
- Board memberNarbeh Derhacobian Nov 6, 2024 to now45
- Board memberPhilip G. Brace Aug 9, 2023 to Nov 13, 202446
- Board memberSaleel Awsare Nov 21, 2023 to now16
- Board memberJason Cohenour Nov 10, 2022 to Nov 6, 202447
- Board memberPhu Hoang Nov 10, 2022 to Nov 6, 202448
- Board memberHeidi Nguyen Nov 23, 2021 to May 10, 202349
- Board memberPaul H. Pickle Apr 23, 2019 to Jun 5, 202318
- Board memberMargaret A. Evashenk Aug 6, 2019 to May 11, 202250
- Board memberMartin M. Hale Jr. Jun 20, 2016 to Mar 16, 202051
- Board memberJeff Benck Dec 7, 2015 to Mar 5, 201919
- Board memberPaul F. Folino Jun 11, 2012 to May 10, 202352
- Board memberBruce C. Edwards Nov 14, 2012 to Nov 5, 202053
- Board memberJohn E. Rehfeld May 17, 2010 to May 18, 201254
- Board memberMarcelo G. Lima May 17, 2010 to May 17, 201055
- Board memberHoshi Printer Dec 23, 2010 to now56
- Board memberLarry D. Sanders Jan 16, 2008 to Dec 17, 201057
- Board memberJerry D. Chase Feb 28, 2008 to Feb 9, 201121
- Board memberLewis Solomon May 19, 2008 to Nov 20, 200958
- Board memberThomas Michael Wittenschlaeger Oct 2, 2007 to Nov 18, 201159
- Board memberBernhard Bruscha Oct 30, 2007 to May 11, 202260
- Board memberCurtis D. Brown Oct 30, 2007 to Nov 20, 200961
- Board memberHk Desai Nov 29, 2006 to Nov 29, 200662
- Board memberHoward T. Slayen Nov 29, 2006 to Nov 18, 201163
- Board memberKathryn B. Lewis Nov 29, 2006 to Nov 29, 200664
- Board memberThomas W. Burton Nov 29, 2006 to Nov 29, 200665
- General counselKurt E. Scheuerman Feb 22, 2013 to Aug 31, 201766
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
- Lantronix Australia Pty. Ltd. Australia5
- Lantronix Canada, ULC Canada5
- Lantronix Holding Company Delaware, U.S.A.5
- Lantronix Hong Kong Limited Hong Kong5
- Lantronix India Private Limited India5
- Lantronix IoT GmbH Germany5
- Lantronix Japan K.K. Japan5
- Lantronix Technologies Canada (Taiwan) Ltd. Taiwan5
- Lantronix UK Ltd. United Kingdom5
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Former names
- LANTRONIXSep 28, 2000 to Feb 2, 20014
Timeline
- Aug 27, 20268-K Executive or director change67
- Aug 26, 20268-K Results of operations; Regulation FD disclosure68
- Jun 1, 20268-K Entered a material agreement; Regulation FD disclosure69
- May 8, 20268-K Entered a material agreement70
- May 6, 20268-K Results of operations; Regulation FD disclosure71
- Feb 4, 20268-K Results of operations; Regulation FD disclosure72
- Jan 6, 20268-K Executive or director change73
- Nov 6, 20258-K Shareholder vote74
- Nov 5, 20258-K Results of operations; Regulation FD disclosure75
- Aug 27, 20258-K Results of operations; Regulation FD disclosure76
- Aug 21, 20258-K Entered a material agreement; New debt or obligation77
- Jul 11, 20258-K Executive or director change78
- Nov 21, 2023New chief executive Saleel Awsare becomes CEO16
- Apr 23, 2019New chief executive Paul H. Pickle becomes CEO18
- Mar 15, 2019New chief executive Jeremy Whitaker becomes CEO17
- Dec 7, 2015New chief executive Jeff Benck becomes CEO19
- Aug 18, 2011New chief executive Larry D. Sanders becomes CEO20
- May 6, 2008New chief executive Investment Gmbh Tl becomes CEO22
- Feb 28, 2008New chief executive Jerry D. Chase becomes CEO21
- Feb 21, 2006New chief executive Marc H. Nussbaum becomes CEO23
- May 24, 2000Founded LANTRONIX INC is founded2
Calendar
Coming up
- Nov 4, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported ($0.04) a share, on Nov 5, 2025.79
When it reported results
- Aug 26, 2026Reported quarterly or annual results68
- May 6, 2026Reported quarterly or annual results71
- Feb 4, 2026Reported quarterly or annual results72
- Nov 5, 2025Reported quarterly or annual results75
- Aug 27, 2025Reported quarterly or annual results76
- May 8, 2025Reported quarterly or annual results80
- Feb 6, 2025Reported quarterly or annual results81
- Sep 5, 2024Reported quarterly or annual results82
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
374 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 62 major events, 228 insider forms, 18 large holders, 46 other. The latest 20:
- Oct 13, 2026SCHEDULE 13G EDGAR
- Sep 28, 2026SCHEDULE 13G EDGAR
- Sep 22, 2026ARS EDGAR
- Sep 22, 2026DEFA14A EDGAR
- Sep 22, 2026DEF 14A EDGAR
- Sep 9, 20264 EDGAR
- Sep 3, 20264 EDGAR
- Sep 3, 20264 EDGAR
- Sep 3, 20264 EDGAR
- Sep 3, 20264 EDGAR
- Aug 28, 20264 EDGAR
- Aug 28, 20264 EDGAR
- Aug 28, 20264 EDGAR
- Aug 28, 20264 EDGAR
- Aug 27, 202610-K FORM 10-K FOR JUN 2026 EDGAR
- Aug 27, 20268-K CURRENT REPORT EDGAR
- Aug 26, 20264 EDGAR
- Aug 26, 20268-K CURRENT REPORT EDGAR
- Aug 10, 20264 EDGAR
- Jul 14, 20264 EDGAR
The 374 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
114 open-market trades by officers, directors and large owners since October 2021: 22 buys and 92 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Sep 9, 2026 | Awsare SaleelPresident & CEO | Buy | 15,000 | $5.18 | $77.7K | Form 4 |
| Mar 13, 2026 | Gurusamy MathiChief Product & Strategy Ofcr | Sale | 14,467 | $6.21 | $89.8K | Form 4 |
| Sep 5, 2025 | BRUSCHA BERNHARD10% owner | Sale | 12,993 | $4.64 | $60.3K | Form 4 |
| Sep 2, 2025 | BRUSCHA BERNHARD10% owner | Sale | 10,000 | $5.03 | $50.3K | Form 4 |
| May 21, 2025 | Chittipeddi SaileshDirector | Buy | 10,000 | $2.24 | $22.4K | Form 4 |
| May 14, 2025 | Derhacobian NarbehDirector | Buy | 5,000 | $2.33 | $11.7K | Form 4 |
| May 14, 2025 | PRINTER HOSHIDirector | Buy | 10,000 | $2.28 | $22.8K | Form 4 |
| May 13, 2025 | Awsare SaleelPresident & CEO | Buy | 15,011 | $2.11 | $31.7K | Form 4 |
| Mar 6, 2025 | Derhacobian NarbehDirector | Buy | 10,000 | $2.67 | $26.7K | Form 4 |
| Mar 5, 2025 | PRINTER HOSHIDirector | Buy | 15,000 | $2.70 | $40.5K | Form 4 |
| Feb 28, 2025 | Palatnik Kevin S.Director | Buy | 20,000 | $2.54 | $50.8K | Form 4 |
| Feb 28, 2025 | Awsare SaleelPresident & CEO | Buy | 15,000 | $2.53 | $38.0K | Form 4 |
| Nov 27, 2024 | PRINTER HOSHIDirector | Buy | 350 | $2.85 | $998 | Form 4 |
| Nov 26, 2024 | PRINTER HOSHIDirector | Buy | 15,000 | $2.90 | $43.5K | Form 4 |
| Nov 13, 2024 | Awsare SaleelPresident & CEO | Buy | 80,000 | $2.66 | $212.8K | Form 4 |
| Nov 12, 2024 | BRACE PHILIP GDirector | Buy | 20,000 | $2.65 | $53.0K | Form 4 |
| Oct 16, 2024 | BRUSCHA BERNHARD10% owner | Sale | 32,500 | $4.20 | $136.5K | Form 4 |
| Oct 15, 2024 | BRUSCHA BERNHARD10% owner | Sale | 20,000 | $4.08 | $81.6K | Form 4 |
| Sep 30, 2024 | BRUSCHA BERNHARD10% owner | Sale | 25,000 | $4.17 | $104.2K | Form 4 |
| Sep 13, 2024 | BRUSCHA BERNHARD10% owner | Sale | 49,532 | $4.47 | $221.4K | Form 4 |
All 114 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Portolan Capital Management, LLCSCHEDULE 13G, 3 filings May 27, 2022 to Oct 13, 202683
- STRIDER CAPITAL, LLCSCHEDULE 13G, 1 filing Sep 28, 202684
- NEEDHAM INVESTMENT MANAGEMENT LLCSCHEDULE 13G, 1 filing Jul 2, 202685
- Chain of Lakes Investment Fund, LLCSCHEDULE 13D/A, 5 filings Aug 1, 2024 to Mar 12, 202686
- Stiftung TlSCHEDULE 13G/A, 2 filings Dec 8, 2025 to Feb 6, 202687
- TL Investment GmbHSCHEDULE 13D/A, 2 filings Nov 24, 2021 to Dec 8, 202588
- Orange River Management L.P.SC 13G/A, 4 filings Feb 28, 2023 to Feb 13, 202489
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2026 | Saleel AwsareChief Executive Officer | 61 | $500.0K | $2.1M90 |
| 2026 | Brent StringhamChief Financial Officer | $340.5K | $1.3M90 | |
| 2026 | Mathi GurusamyChief Product & Strategy Officer | $375.0K | $1.1M90 | |
| 2025 | Saleel AwsareChief Executive Officer | 61 | $500.0K | $1.4M90 |
| 2025 | Mathi GurusamyChief Product & Strategy Officer | $340.2K | $698.3K90 |
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How LANTRONIX INC is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARLANTRONIX INC1
- CIK0001114925
- Employer ID (EIN)33-03627676
- Filer statusAccelerated filer not an emerging growth company; a smaller reporting company; a shell company6
- Incorporated inDelaware6
- Fiscal year endsJune 301
- Industry code (SIC)3576 Computer Communications Equipment1
- SEC reviewing officeOffice of Technology, Division of Corporation Finance1
- Business address48 Discovery, Suite 250, Irvine, CA 926181
- Phone94945339901
- Shares outstanding46,705,312 shares as of Aug 20, 20266
- Public float$184.7M as of Dec 31, 20256
- AuditorBaker Tilly US, LLP, Chicago, Illinois PCAOB ID 23; it also attests to the company’s internal control over financial reporting6
- On EDGAR sinceMay 19, 20001
- Filings1,599 in all: 4 (817), 8-K (282), 10-Q (78), 3 (50), SC 13G/A (34), S-8 (27), 10-K (26), DEF 14A (26)1
All 53 form types
4/A (22), SC 13D/A (21), DEFA14A (16), S-8 POS (14), UPLOAD (14), 11-K (13), SD (13), SC 13G (12), CORRESP (11), 424B5 (10), ARS (9), 10-Q/A (8), S-3 (8), 8-K/A (7), EFFECT (7), S-1/A (6), SC 13D (6), 10-K/A (5), 144 (5), PRE 14A (5), DFAN14A (4), SCHEDULE 13D/A (4), SCHEDULE 13G (4), PRER14A (3), S-3/A (3), SC TO-I/A (3), 3/A (2), 424B4 (2), D (2), DEFR14A (2), REGDEX (2), RW (2), S-1 (2), 10-K405 (1), 424B3 (1), 425 (1), 5 (1), 8-A12B (1), AW (1), NT 10-K (1), NT 10-Q (1), PREC14A (1), SC TO-I (1), SCHEDULE 13D (1), SCHEDULE 13G/A (1)
- Latest filingsAnnual report (10-K) Aug 27, 2026
Quarterly report (10-Q) May 7, 2026
Proxy statement (DEF 14A) Sep 22, 2026
Latest 8-K (8-K) Aug 27, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common Stock, $0.0001 par value | LTRX | Nasdaq |
From the cover page of the 10-K filed Aug 27, 2026 (Section 12(b) of the Exchange Act).6
Risk factors and legal proceedings
The risks LANTRONIX INC names in Item 1A of its 10-K filed Aug 27, 2026: 44 risks under these headings, as written.6
- Risks Related to Our Operations and Industry
- We depend upon a relatively small number of distributors and end-user customers for a large portion of our revenue, and a decline in sales to these major customers would materially adversely affect our business, financial condition, and results of operations.
- We have experienced and may in the future experience constraints in the supply of certain materials and components that could affect our operating results.
- Our business related to government contracts subjects us to additional risks.
- Future operating results depend upon our ability to timely obtain components in sufficient quantities and on acceptable terms.
- We outsource substantially all of our manufacturing to contract manufacturers in Asia. If our contract manufacturers are unable or unwilling to manufacture our products at the quality and quantity we request, our business could be harmed.
- Certain of our products are sold into mature markets, which could limit our ability to continue to generate revenue from these products. Our ability to sustain and grow our business depends on our ability to develop, market, scale, and sell new products.
- Our software offerings are subject to risks that differ from those facing our hardware products.
- We may experience significant fluctuation in our revenue because the timing of large orders placed by some of our customers is often project-based.
- The lengthy sales cycle for our products and services, along with delays in customer completion of projects, make the timing of our revenues difficult to predict.
- The nature of our products, customer base and sales channels results in lack of visibility into future demand for our products, which makes it difficult for us to forecast our manufacturing and inventory requirements.
- Delays in qualifying revisions of existing products for certain of our customers could result in the delay or loss of sales to those customers, which could negatively impact our business and financial results.
The other 33 risks
- We depend on distributors for a majority of our sales and to complete order fulfillment.
- Our ability to sustain and grow our business depends in part on the success of our distributors and resellers.
- Changes to the average selling prices of our products could affect our net revenue and gross margins and adversely affect results of operations.
- If we are unable to sell our inventory in a timely manner, it could become obsolete, which could require us to write-down or write off obsolete inventory, which could harm our operating results.
- Our failure to compete successfully in our highly competitive market could result in reduced prices and loss of market share.
- Acquisitions, strategic partnerships, joint ventures or investments may impair our capital and equity resources, divert our management’s attention or otherwise negatively impact our operating results.
- We may experience difficulties associated with utilizing third-party logistics providers.
- The effect of a pandemic or major public health concern, could result in material adverse effects on our business, financial position, results of operations and cash flows.
- Risks Related to Technology, Cybersecurity and Intellectual Property
- Cybersecurity breaches and other disruptions could compromise our information and expose us to liability, which could cause our business and reputation to suffer.
- If unauthorized access is obtained to the personal and/or proprietary data we collect and store, our products become subject to cybersecurity breaches, or if public perception is that they are vulnerable to cyberattacks, our reputation and business could suffer.
- Some of our software offerings may be subject to various cybersecurity risks, which are particularly acute in the cloud-based technologies operated by us and other third parties that form a part of our solutions.
- Failure to comply with data privacy laws and regulations could have a materially adverse effect on our reputation, results of operations or financial condition, or have other adverse consequences.
- Issues related to the responsible use of AI may result in reputational, competitive and financial harm and liability.
- If software that we incorporate into our products were to become unavailable or no longer available on commercially reasonable terms, it could adversely affect sales of our products, which could disrupt our business and harm our financial results.
- Our products may contain undetected software or hardware errors or defects that could lead to an increase in our costs, reduce our net revenue or damage our reputation.
- We may not be able to adequately protect or enforce our intellectual property rights, which could harm our competitive position or require us to incur significant expenses to enforce our rights.
- The impact of natural disasters and other business interruptions could negatively impact our supply chain and customers resulting in an adverse impact to our revenues and profitability.
- Risks Related to Liquidity and Capital Resources
- We maintain cash deposits in excess of federally insured limits. Adverse developments affecting financial institutions, including bank failures, could adversely affect our liquidity and financial performance.
- We have a history of losses.
- We may need additional capital and it may not be available on acceptable terms, or at all.
- The terms of our Amended and Restated Loan Agreement may restrict our financial and operational flexibility and, in certain cases, our ability to operate.
- Risks Related to International Operations
- Future imposition of tariffs could materially and adversely affect our business and results of operations.
- We face risks associated with our international operations that could impair our ability to grow our revenues abroad as well as our overall financial condition.
- Foreign currency exchange rates may adversely affect our results.
- Risks Related to Regulatory Compliance and Legal Matters
- Our inability to obtain appropriate industry certifications or approvals from governmental regulatory bodies could impede our ability to grow revenues in our wireless products.
- Our failure to comply effectively with regulatory laws pertaining to our foreign operations could have a material adverse effect on our revenues and profitability.
- Our failure to comply effectively with the requirements of applicable environmental legislation and regulation could have a material adverse effect on our revenues and profitability.
- Evolving expectations from investors, customers, lawmakers, regulators, and other stakeholders regarding environmental, social and governance practices and disclosures may adversely affect our reputation, adversely impact our ability to attract and retain employees or customers, expose us to increased scrutiny from the investment community or enforcement authorities or otherwise adversely impact our business and results of operations.
- Current or future litigation, including related to intellectual property, could adversely affect us.
- General Risk Factors
- High interest rates may negatively impact our results of operations and financing costs.
- If we are unable to attract, retain or motivate key senior management and technical personnel, it could materially harm our business.
- Our quarterly operating results may fluctuate, which could cause the market price of our common stock to decline.
- The market price of our common stock may be volatile based on a number of factors, many of which are not under our control.
Legal proceedings
Refer to Note 9 of Notes to Consolidated Financial Statements, included in Part II, Item 8 of this Report, which is incorporated herein by reference, for a discussion of legal proceedings.
The opening of Item 3, Legal Proceedings.6
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARLANTRONIX INC filings on SEC EDGAR
- 2
- 3SEC EDGARLANTRONIX INC 10-K for fiscal 2026
- 4SEC EDGARLANTRONIX INC filings on SEC EDGAR
- 5
- 6
- 7SEC EDGARLANTRONIX INC 10-K for fiscal 2019
- 8SEC EDGARLANTRONIX INC 10-K for fiscal 2020
- 9SEC EDGARLANTRONIX INC 10-K for fiscal 2021
- 10SEC EDGARLANTRONIX INC 10-K for fiscal 2022
- 11SEC EDGARLANTRONIX INC 10-K for fiscal 2023
- 12SEC EDGARLANTRONIX INC 10-K for fiscal 2024
- 13SEC EDGARLANTRONIX INC 10-Q for fiscal 2025
- 14SEC EDGARLANTRONIX INC 10-Q for fiscal 2025
- 15SEC EDGARLANTRONIX INC 10-Q for fiscal 2026
- 16
- 17
- 18
- 19SEC EDGARJeff Benck, Chief executive officer
- 20
- 21
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- 28SEC EDGARKurt W. Hoff, VP, Worldwide Sales
- 29
- 30SEC EDGARBrent Michael Stringham, Officer
- 31SEC EDGAREric Bass, VP of Engineering
- 32
- 33
- 34
- 35SEC EDGARKevin Yoder, VP of Worldwide Sales
- 36SEC EDGARDaryl R. Miller, VP, Engineering
- 37
- 38
- 39SEC EDGARReagan Sakai, Financial Officer
- 40SEC EDGARKurt W. Hoff, Board member
- 41SEC EDGARSailesh Chittipeddi, Board member
- 42SEC EDGARJames Chris Auker, Board member
- 43SEC EDGARChrista Steele, Board member
- 44SEC EDGARKevin S. Palatnik, Board member
- 45SEC EDGARNarbeh Derhacobian, Board member
- 46SEC EDGARPhilip G. Brace, Board member
- 47SEC EDGARJason Cohenour, Board member
- 48SEC EDGARPhu Hoang, Board member
- 49SEC EDGARHeidi Nguyen, Board member
- 50SEC EDGARMargaret A. Evashenk, Board member
- 51SEC EDGARMartin M. Hale Jr., Board member
- 52SEC EDGARPaul F. Folino, Board member
- 53SEC EDGARBruce C. Edwards, Board member
- 54SEC EDGARJohn E. Rehfeld, Board member
- 55SEC EDGARMarcelo G. Lima, Board member
- 56SEC EDGARHoshi Printer, Board member
- 57SEC EDGARLarry D. Sanders, Board member
- 58SEC EDGARLewis Solomon, Board member
- 59
- 60SEC EDGARBernhard Bruscha, Board member
- 61SEC EDGARCurtis D. Brown, Board member
- 62SEC EDGARHk Desai, Board member
- 63SEC EDGARHoward T. Slayen, Board member
- 64SEC EDGARKathryn B. Lewis, Board member
- 65SEC EDGARThomas W. Burton, Board member
- 66SEC EDGARKurt E. Scheuerman, General counsel
- 67SEC EDGARExecutive or director change
- 68
- 69
- 70SEC EDGAREntered a material agreement
- 71
- 72
- 73SEC EDGARExecutive or director change
- 74SEC EDGARShareholder vote
- 75
- 76
- 77
- 78SEC EDGARExecutive or director change
- 79NasdaqNasdaq calendar
- 80
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