Emerson Radio Revenue Plunges 53% to $4.8M in Nine Months Ended December 2025
Emerson Radio Corp reported net revenue of $4.78 million for the nine months ending December 31, 2025, down 47% from $8.94 million in the prior-year period. The company posted a net loss of $2.88 million.
Emerson Radio Corp reported net revenue of $4.78 million for the nine months ending December 31, 2025, down 47% from $8.94 million in the prior-year period. The net loss widened to $2.88 million from $2.37 million a year earlier. Read more earnings reports.
Product sales fell to $4.52 million from $8.69 million, while licensing revenue edged up to $261,000 from $248,000. Cost of goods sold totaled $4.57 million, down from $7.98 million in the prior-year period.
Third Quarter Results
For the three months ending December 31, 2025, total revenue dropped 53% to $1.89 million from $4.00 million a year earlier. The quarterly net loss increased to $694,000 from $527,000 in the same quarter of fiscal 2025.
Product sales revenue in the quarter declined to $1.80 million from $3.89 million, while licensing revenue fell to $87,000 from $111,000. Operating loss for the quarter was $826,000 compared to $733,000 in the prior-year quarter.
Balance Sheet and Cash Position
Total assets stood at $20.15 million as of December 31, 2025, down from $23.53 million at the end of the prior fiscal year on March 31, 2025. Cash and cash equivalents increased to $4.19 million from $1.19 million, while short-term investments decreased to $9.10 million from $14.90 million.
Stockholders' equity declined to $18.62 million from $21.49 million at the March 2025 fiscal year-end. Total liabilities decreased to $1.53 million from $2.04 million. The company's retained deficit grew to $31.81 million from $28.94 million.
Cash Flow
Cash used in operations totaled $2.78 million for the nine months, compared to $3.26 million in the prior-year period. Cash from investing activities generated $5.79 million, a reversal from the $15.95 million used in the prior-year period. Cash used in financing activities was $1,000.
Operating Expenses
Selling, general and administrative expenses decreased to $3.55 million from $4.03 million for the nine-month period. Operating loss widened to $3.33 million from $3.07 million in the prior-year period.
Key Financial Data
| Metric | Nine Months Ended Dec 31, 2025 | Nine Months Ended Dec 31, 2024 |
|---|---|---|
| Total Revenue | $4.78 million | $8.94 million |
| Net Loss | ($2.88 million) | ($2.37 million) |
| Operating Loss | ($3.33 million) | ($3.07 million) |
| EPS (Basic and Diluted) | ($0.14) | ($0.11) |
| Cash from Operations | ($2.78 million) | ($3.26 million) |
The company had 21.04 million shares outstanding as of December 31, 2025, unchanged from the prior fiscal year-end.