Financial Data and Key Metrics Changes - For fiscal year 2025, the company reported revenue of $123 million, reflecting a transition from a record fiscal 2024 to a more normalized revenue base, with a significant contribution from Gridspertise in the previous year [15][16] - In Q4 2025, revenue was $28.8 million, a sequential increase from $28.5 million in the prior quarter, and approximately 4% higher than Q4 2024 when excluding Gridspertise [17] - GAAP gross margin for Q4 was 40%, down from 43.5% in the prior quarter, but up from 38.1% in the year-ago period, while non-GAAP gross margin was 40.6% [17][18] - GAAP net loss for fiscal 2025 was $2.6 million, or $0.07 per share, compared to a net income of $400,000, or $0.01 per share in the year-ago quarter [19][20] - The company ended the fiscal year with cash and cash equivalents of $20.1 million, up from the prior quarter, and generated positive operating cash flow of $7.3 million for the year [21][22] Business Line Data and Key Metrics Changes - The core revenue base stabilized in the second half of fiscal 2025, driven by continued momentum in Edge IoT products [16][17] - The company is beginning to see traction in its Edge AI strategy, with visibility in fiscal 2026 improving due to momentum across strategic pillars [14][22] Market Data and Key Metrics Changes - The company sees a multi-year growth cycle for unmanned aerial systems, supported by record defense funding, with over $13 billion earmarked for unmanned platforms in 2026 [6][10] - Recent wins include a multi-year agreement with a major U.S. mobile carrier to modernize over 50,000 backup power systems, which is expected to contribute to high-margin annual recurring revenue [11][12] Company Strategy and Development Direction - The company is transitioning from a traditional hardware supplier to a strategic platform partner, focusing on high-margin business and deepening long-term relationships with customers [12][25] - The integration of the Netcomm IoT acquisition and partnership with Qualcomm is aimed at expanding capabilities in edge IoT and AI-driven innovation [25] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the demand environment for their solutions, highlighting strong early market feedback and expectations for revenue contributions from new partnerships [10][14] - The outlook for fiscal 2026 includes expected revenue in the range of $28.5 million to $30.5 million, with non-GAAP EPS projected between $0.02 and $0.04 per share [22] Other Important Information - The company has made significant progress in reducing costs and improving supply chain efficiency, with a focus on manufacturing products outside of China to minimize tariff exposure [18][19] - The company has streamlined operations and optimized its cost structure, resulting in a leaner operating model [20][25] Q&A Session Summary Question: What is the potential for the drone market? - Management is excited about the drone market, with over 10 different drone makers being worked with, primarily in military or industrial applications, and expects this market to grow significantly into fiscal 2026 [28][29] Question: What are the dynamics driving growth in September? - Management noted broad-based momentum across core business areas, including Edge IoT and networking, contributing to confidence in fiscal 2026 [30] Question: How will gross margins evolve over the next twelve months? - Management anticipates gross margins returning to 44% to 45% for the fiscal year, despite one-off items affecting margins in June [34][35] Question: Can you elaborate on the backup generator opportunity? - Management confirmed a significant mobile carrier win involving 50,000 gateways, with expectations for this to grow substantially over the next few years [41][42] Question: What is the average dollar content per device in the drone market? - The average dollar content per device is approximately $500, which could lead to meaningful revenue as volumes increase [48][49] Question: What is the expected revenue contribution from the drone market in fiscal 2026? - Management indicated that the drone market could contribute millions of dollars in fiscal 2026, with potential for it to become 10% to 15% of total revenue by fiscal 2027 [50][60]

Financial Data and Key Metrics Changes - For fiscal year 2025, the company reported revenue of $123 million, reflecting a transition from a record fiscal 2024 to a more normalized revenue base, with a significant contribution from Gridspertise in the previous year [16] - In Q4 2025, revenue was $28.8 million, a sequential increase from $28.5 million in the prior quarter, and approximately 4% higher than Q4 2024 when excluding Gridspertise [17] - GAAP gross margin for Q4 was 40%, down from 43.5% in the prior quarter, but up from 38.1% in the year-ago period [18] - GAAP net loss for fiscal 2025 was $2.6 million, or $0.07 per share, compared to a net income of $400,000, or $0.01 per share in the year-ago quarter [20] Business Line Data and Key Metrics Changes - The core revenue base stabilized in the second half of fiscal 2025, driven by continued momentum in Edge IoT products [16][17] - The company is transitioning from a traditional hardware supplier to a strategic platform partner, enhancing long-term relationships and embedding solutions in critical operations [13] Market Data and Key Metrics Changes - The company sees a multi-year growth cycle for unmanned aerial systems, supported by record defense funding, with over $13 billion earmarked for unmanned platforms in 2026 [6] - Recent wins include a multi-year agreement with a major U.S. mobile carrier to modernize over 50,000 backup power systems, which is expected to contribute to high-margin annual recurring revenue [12][13] Company Strategy and Development Direction - The company is focused on building a strong foundation for sustainable long-term growth, emphasizing Edge AI and infrastructure modernization [25] - Strategic partnerships, such as with Qualcomm, are aimed at expanding capabilities in Edge IoT and AI-driven innovation [25] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the demand environment for their solutions, highlighting strong traction in the drone market and positive early feedback on new products [11][14] - The outlook for fiscal 2026 includes expected revenue in the range of $28.5 million to $30.5 million, with non-GAAP EPS projected between $0.02 and $0.04 per share [23] Other Important Information - The company has made significant progress in reducing costs and improving supply chain efficiency, with a net cash position of $8.3 million as of June 30, 2025 [22][23] - The company has successfully integrated the Netcomm IoT acquisition and mitigated tariff exposure, which supports improved gross margin performance [25] Q&A Session Summary Question: Drone opportunity and potential - Management is excited about the drone market, currently working with over 10 different drone makers, mainly in military or industrial applications, with expectations for significant growth in fiscal 2026 [29] Question: Bookings and order perspective for September - Management noted broad-based momentum across core business segments, including Edge IoT and networking, indicating confidence for fiscal 2026 [31] Question: Gross margin evolution - Management anticipates gross margins returning to 44% to 45% for the fiscal year, despite one-off items affecting margins in June [35][36] Question: Backup generator opportunity - A significant mobile carrier win involves 50,000 gateways, with expectations for long-term growth and the introduction of annual recurring revenue as devices come online [42][44] Question: Average dollar content per device in drone market - The average dollar content per device is approximately $500, with potential revenue opportunities ranging from $3 million to $5 million per customer annually [48][50] Question: Recurring revenue component from carrier opportunity - The carrier opportunity includes a recurring revenue component, with ongoing RFPs and potential for significant growth in the coming years [68][70]

[Executive Summary](index=1&type=section&id=Executive%20Summary) [Management Commentary](index=1&type=section&id=Management%20Commentary) Lantronix underwent strategic transformation in FY2025, streamlining operations and securing design wins for multi-year, high-margin growth in FY2026 - Fiscal 2025 marked a strategic transformation for Lantronix, characterized by disciplined execution, operational streamlining, and targeted investments in high-value markets[2](index=2&type=chunk) - The company strengthened its foundation for sustainable, profitable growth by aligning resources with high-impact opportunities, enhancing supply chain resilience, and advancing platform capabilities[2](index=2&type=chunk) - Recent design wins in drones, commercial Edge AI solutions, and network infrastructure highlight Lantronix's evolution into a strategic platform partner, accelerating intelligence at the edge[2](index=2&type=chunk) - Lantronix enters fiscal 2026 well-positioned to capture multi-year, high-margin opportunities due to expanding customer engagements, growing momentum in Edge IoT and Network Infrastructure, and increasing operating leverage[2](index=2&type=chunk) [Q4 FY2025 Financial Highlights](index=1&type=section&id=Q4%20FY2025%20Financial%20Highlights) Lantronix reported its financial results for the fourth quarter of fiscal year 2025, with net revenue of **$28.8 million** and a GAAP EPS of **($0.07)**, while achieving a non-GAAP EPS of **$0.01** Q4 FY2025 Key Financials | Metric | Value | | :------------ | :------------ | | Net Revenue | $28.8 Million | | GAAP EPS | ($0.07) | | Non-GAAP EPS | $0.01 | [Full Year FY2025 Financial Highlights](index=1&type=section&id=FY2025%20Financial%20Highlights) For the full fiscal year 2025, Lantronix reported net revenue of **$122.9 million**, a GAAP EPS of **($0.29)**, and a non-GAAP EPS of **$0.14** FY2025 Key Financials | Metric | Value | | :------------ | :------------- | | Net Revenue | $122.9 Million | | GAAP EPS | ($0.29) | | Non-GAAP EPS | $0.14 | [Recent Business Highlights](index=1&type=section&id=Q4%20FY2025%20and%20Recent%20Business%20Highlights) Lantronix secured key contracts, partnered for Edge AI, launched new 5G routers, and expanded its leadership team to accelerate growth - Secured a multi-year contract with a Tier-1 U.S. wireless operator to digitally manage nationwide backup power systems using Lantronix Edge gateways and the Percepxion platform, enhancing network resilience and reducing operational costs[5](index=5&type=chunk) - Selected by Red Cat's Teal Drones to power U.S. Army-approved Black Widow™ drones with Lantronix's TAA- and NDAA-compliant System on Module (SoM), initiating June-quarter shipments and positioning for multi-year, high-margin growth in the secure defense drone market[5](index=5&type=chunk) - Partnered with Aerora to deliver Edge AI-enabled solutions for autonomous navigation in drones, robotics, and surveillance, leveraging Open-Q SoMs and Teledyne FLIR imaging to accelerate AI development[5](index=5&type=chunk) - Launched NTC-500 Series industrial-grade 5G routers for private 5G, edge computing, and industrial IoT, offering cost-effective, high-performance wireless connectivity with global certifications[5](index=5&type=chunk) - Expanded leadership team with three strategic hires: Todd Rychecky (head of Out-of-Band Management), Eric Johnson (leader of Compute Ecosystem strategy), and Scott Wallace (head of Project Management Office) to accelerate growth in Edge IoT and Network Infrastructure[13](index=13&type=chunk) [Q1 FY2026 Financial Outlook](index=2&type=section&id=Q1%20FY2026%20Financial%20Outlook) Lantronix provided its financial outlook for the first fiscal quarter of 2026, projecting revenue between **$28.5 million** and **$30.5 million**, and non-GAAP EPS between **$0.02** and **$0.04** Q1 FY2026 Financial Outlook | Metric | Guidance Range | | :------------ | :------------------- | | Revenue | $28.5M to $30.5M | | Non-GAAP EPS | $0.02 to $0.04 | [Company Overview](index=2&type=section&id=Company%20Overview) [About Lantronix](index=2&type=section&id=About%20Lantronix) Lantronix is a global leader in Edge AI and Industrial IoT, providing intelligent computing, secure connectivity, and remote management for mission-critical applications - Lantronix Inc. is a global leader in Edge AI and Industrial IoT solutions[8](index=8&type=chunk) - The company delivers intelligent computing, secure connectivity, and remote management for mission-critical applications[8](index=8&type=chunk) - Lantronix serves high-growth markets including smart cities, enterprise IT, and commercial and defense unmanned systems[8](index=8&type=chunk) - Its comprehensive portfolio of hardware, software, and services powers applications from secure video surveillance to resilient out-of-band network management[8](index=8&type=chunk) [Discussion of Non-GAAP Financial Measures](index=2&type=section&id=Discussion%20of%20Non-GAAP%20Financial%20Measures) Non-GAAP measures offer supplemental insights into Lantronix's financial trends, used by management to evaluate operating results by excluding specific non-recurring items - Non-GAAP financial information provides important supplemental information to management and investors regarding financial and business trends[10](index=10&type=chunk) - Management uses non-GAAP measures to monitor and evaluate ongoing operating results and trends for comparative operating performance[10](index=10&type=chunk) - Non-GAAP net loss excludes items such as share-based compensation, depreciation and amortization, interest income/expense, income tax provision/benefit, restructuring charges, acquisition-related costs, impairment of long-lived assets, amortization of purchased intangibles, and fair value remeasurement of earnout consideration[11](index=11&type=chunk) - Non-GAAP EPS is calculated by dividing non-GAAP net income by non-GAAP weighted-average shares outstanding (diluted), adjusted for share-based compensation[12](index=12&type=chunk) [Financial Statements](index=4&type=section&id=Financial%20Statements) [Unaudited Consolidated Balance Sheets](index=4&type=section&id=Unaudited%20Consolidated%20Balance%20Sheets) Total assets and liabilities decreased in FY2025, primarily due to reductions in cash, accounts receivable, and long-term debt Consolidated Balance Sheet Highlights (in thousands) | Metric | June 30, 2025 | June 30, 2024 | | :-------------------------- | :------------ | :------------ | | Cash and cash equivalents | $20,098 | $26,237 | | Accounts receivable, net | $25,092 | $31,279 | | Inventories, net | $26,371 | $27,698 | | Total current assets | $77,393 | $88,950 | | Total assets | $123,722 | $136,208 | | Accounts payable | $13,259 | $10,347 | | Total current liabilities | $30,422 | $30,156 | | Long-term debt, net | $8,684 | $13,219 | | Total liabilities | $49,344 | $54,853 | | Total stockholders' equity | $74,378 | $81,355 | - Total assets decreased by approximately **$12.5 million** from June 30, 2024, to June 30, 2025, primarily due to decreases in cash and cash equivalents and accounts receivable[19](index=19&type=chunk) - Total liabilities decreased by approximately **$5.5 million**, driven by a reduction in long-term debt, net[19](index=19&type=chunk) [Unaudited Consolidated Statements of Operations](index=5&type=section&id=Unaudited%20Consolidated%20Statements%20of%20Operations) Lantronix reported a significant GAAP net loss increase in FY2025, with net revenue declining year-over-year for both Q4 and the full fiscal year Consolidated Statements of Operations Highlights (in thousands, except per share data) | Metric | Q4 FY2025 | Q4 FY2024 | FY2025 | FY2024 | | :---------------------------- | :----------- | :----------- | :----------- | :----------- | | Net revenue | $28,839 | $49,075 | $122,923 | $160,327 | | Gross profit | $11,537 | $18,722 | $51,699 | $64,354 | | Income (loss) from operations | ($3,134) | $565 | ($11,001) | ($2,862) | | Net income (loss) | ($2,631) | $386 | ($11,373) | ($4,516) | | Net income (loss) per share - basic | ($0.07) | $0.01 | ($0.29) | ($0.12) | - Net revenue decreased significantly year-over-year, from **$49.1 million** in Q4 FY2024 to **$28.8 million** in Q4 FY2025, and from **$160.3 million** in FY2024 to **$122.9 million** in FY2025[21](index=21&type=chunk) - The company reported a GAAP net loss of **($2.6 million)** in Q4 FY2025, compared to a net income of **$0.4 million** in Q4 FY2024. For the full year, GAAP net loss widened to **($11.4 million)** in FY2025 from **($4.5 million)** in FY2024[21](index=21&type=chunk) [Unaudited Reconciliation of Non-GAAP Adjustments](index=6&type=section&id=Unaudited%20Reconciliation%20of%20Non-GAAP%20Adjustments) Non-GAAP adjustments converted GAAP net losses into positive non-GAAP net income for both Q4 and full-year FY2025, with improved gross margins Non-GAAP Reconciliation Highlights (in thousands, except per share data) | Metric | Q4 FY2025 | Q4 FY2024 | FY2025 | FY2024 | | :---------------------------- | :----------- | :----------- | :----------- | :----------- | | GAAP net income (loss) | ($2,631) | $386 | ($11,373) | ($4,516) | | Total Non-GAAP adjustments | $2,994 | $5,389 | $16,891 | $19,945 | | Non-GAAP net income | $363 | $5,775 | $5,518 | $15,429 | | Non-GAAP net income per share (diluted) | $0.01 | $0.15 | $0.14 | $0.40 | | Non-GAAP gross margin | 40.6% | 38.8% | 42.6% | 41.1% | - Non-GAAP adjustments for Q4 FY2025 totaled **$3.0 million**, leading to a positive non-GAAP net income despite a GAAP net loss[23](index=23&type=chunk) - For the full year FY2025, non-GAAP adjustments of **$16.9 million** converted a GAAP net loss into a non-GAAP net income of **$5.5 million**[23](index=23&type=chunk) - Non-GAAP gross margin improved to **40.6%** in Q4 FY2025 from **38.8%** in Q4 FY2024, and to **42.6%** for FY2025 from **41.1%** in FY2024[23](index=23&type=chunk) [Unaudited Net Revenues by Product Line and Region](index=7&type=section&id=Unaudited%20Net%20Revenues%20by%20Product%20Line%20and%20Region) IoT System Solutions and EMEA revenue saw significant declines in FY2025, while Americas remained the largest regional contributor Net Revenues by Product Line (in thousands) | Product Line | Q4 FY2025 | Q4 FY2024 | FY2025 | FY2024 | | :-------------------- | :-------- | :-------- | :-------- | :-------- | | Embedded IoT Solutions| $10,219 | $11,364 | $46,380 | $46,953 | | IoT System Solutions | $16,654 | $35,603 | $68,735 | $104,450 | | Software & Services | $1,966 | $2,108 | $7,808 | $8,924 | | **Total Net Revenue** | **$28,839** | **$49,075** | **$122,923** | **$160,327** | Net Revenues by Region (in thousands) | Region | Q4 FY2025 | Q4 FY2024 | FY2025 | FY2024 | | :-------------------- | :-------- | :-------- | :-------- | :-------- | | Americas | $19,823 | $17,126 | $70,126 | $78,203 | | EMEA | $5,330 | $26,194 | $30,898 | $64,025 | | APJ | $3,686 | $5,755 | $21,899 | $18,099 | | **Total Net Revenue** | **$28,839** | **$49,075** | **$122,923** | **$160,327** | - IoT System Solutions revenue decreased significantly from **$35.6 million** in Q4 FY2024 to **$16.7 million** in Q4 FY2025, and from **$104.5 million** in FY2024 to **$68.7 million** in FY2025[25](index=25&type=chunk) - EMEA revenue experienced a substantial decline from **$26.2 million** in Q4 FY2024 to **$5.3 million** in Q4 FY2025, and from **$64.0 million** in FY2024 to **$30.9 million** in FY2025[25](index=25&type=chunk) [Additional Information](index=2&type=section&id=Additional%20Information) [Conference Call and Webcast](index=2&type=section&id=Conference%20Call%20and%20Webcast) Lantronix hosted an investor conference call and audio webcast on August 27, 2025, to discuss its fiscal fourth quarter and full year 2025 results - An investor conference call and audio webcast was held on Wednesday, August 27, 2025, at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time)[6](index=6&type=chunk) - Live conference call access: 1-844-802-2442 (U.S.) or 1-412-317-5135 (international)[6](index=6&type=chunk) - A conference call replay was available on the Lantronix website and via telephonic replay until September 3, 2025, using passcode 3326088[7](index=7&type=chunk) [Forward-Looking Statements](index=3&type=section&id=Forward-Looking%20Statements) This release contains forward-looking statements on future expectations, subject to substantial risks like economic conditions and supply chain disruptions, with no obligation to update - The news release contains forward-looking statements concerning revenue and earnings expectations for Q1 FY2026, positioning for sustainable growth, and benefits from strategic transformation, design wins, and hires[15](index=15&type=chunk) - Forward-looking statements are subject to substantial risks and uncertainties, including negative economic conditions, supply chain disruptions, challenges in implementing acquisition strategy, intense competition, and cybersecurity risks[15](index=15&type=chunk) - Investors are cautioned not to place undue reliance on forward-looking statements, and the company expressly disclaims any obligation to update them after the date of the release, except as required by law[15](index=15&type=chunk) [Investor Contact](index=3&type=section&id=Investor%20Contact) For investor inquiries, Lantronix provides a dedicated email contact - Lantronix Analyst and Investor Contact: investors@lantronix.com[17](index=17&type=chunk)

Core Insights - Lantronix Inc. reported a strategic transformation in fiscal 2025, focusing on operational streamlining and targeted investments in high-value markets, positioning itself for sustainable growth and enhanced supply chain resilience [2][6]. Financial Performance - For Q4 FY2025, Lantronix achieved net revenue of $28.8 million, with a GAAP EPS of ($0.07) and a Non-GAAP EPS of $0.01 [5][6]. - For the full fiscal year 2025, net revenue totaled $122.9 million, with a GAAP EPS of ($0.29) and a Non-GAAP EPS of $0.14 [6][23]. Business Highlights - The company secured a multi-year contract with a Tier-1 U.S. wireless operator to manage nationwide backup power systems, enhancing network resilience and reducing operational costs [6]. - Lantronix was selected by Red Cat's Teal Drones to power U.S. Army-approved drones, providing early revenue visibility for fiscal 2026 [6]. - The launch of the NTC-500 Series industrial-grade 5G routers aims to support private 5G, edge computing, and industrial IoT applications [6]. Strategic Initiatives - The leadership team was expanded with three strategic hires to accelerate growth in Edge IoT and Network Infrastructure, focusing on network resilience and AI-driven connectivity solutions [6]. - The company is positioned to capture multi-year, high-margin opportunities in the secure defense drone market and Edge AI solutions [2][6]. Revenue Breakdown - In Q4 FY2025, revenue from Embedded IoT Solutions was $10.2 million, IoT System Solutions was $16.7 million, and Software & Services was $2.0 million [30]. - For the fiscal year, revenue from Embedded IoT Solutions was $46.4 million, IoT System Solutions was $68.7 million, and Software & Services was $7.8 million [30]. Geographic Performance - In Q4 FY2025, revenue from the Americas was $19.8 million, EMEA was $5.3 million, and APJ was $3.7 million [31]. - For the full fiscal year, revenue from the Americas was $70.1 million, EMEA was $30.9 million, and APJ was $21.9 million [31].

Core Insights - Lantronix Inc. is participating in the 2025 Gateway Conference on September 3-4, showcasing its leadership in Edge AI and Industrial IoT solutions [1][2][3] Company Overview - Lantronix Inc. is recognized as a global leader in Edge AI and Industrial IoT solutions, providing intelligent computing, secure connectivity, and remote management for mission-critical applications [3] - The company serves high-growth markets such as smart cities, enterprise IT, and unmanned systems for commercial and defense purposes, enabling customers to optimize operations and accelerate digital transformation [3] - Lantronix's portfolio includes hardware, software, and services that support applications like secure video surveillance and resilient out-of-band network management [3] Conference Participation - CEO Saleel Awsare and CFO Brent Stringham will engage in a fireside chat on September 3 at 10 a.m. Pacific Time, which will be webcast live [2] - One-on-one meetings will be held throughout the event, providing opportunities for direct engagement with investors [2]

Core Viewpoint - Lantronix has developed a TAA- and NDAA-compliant Edge AI solution that has been selected by Teal Drones for the production of Black Widow™ drones, enhancing its position in the defense market and providing early revenue visibility [1][2]. Company Summary - Lantronix Inc. is a leader in Edge AI and Industrial IoT solutions, focusing on intelligent computing, secure connectivity, and remote management for mission-critical applications [7]. - The company’s solutions are designed to optimize operations and accelerate digital transformation across various high-growth markets, including defense and commercial unmanned systems [7]. Industry Summary - The global drone market is projected to reach $57.8 billion by 2030, indicating significant growth opportunities for companies like Lantronix in the secure defense and commercial drone segments [4]. - The collaboration with Teal Drones positions Lantronix to support future defense and industrial IoT programs that require compliance with TAA and NDAA standards, creating long-term growth opportunities [5].

Core Insights - Lantronix has launched edge AI solutions that comply with TAA and NDAA requirements, enhancing its position in the defense market and supporting sensitive U.S. government missions [1][2] Group 1: Company Developments - Lantronix's solutions are based on the Qualcomm® Dragonwing™ QRB5165 processor, providing advanced edge AI capabilities while meeting stringent U.S. security standards [2] - The company has begun mass production and shipping of its solutions for the Black Widow™ drone, which is part of the U.S. Army's Short Range Reconnaissance (SRR) program, generating early revenue [1][2] - Lantronix's CEO highlighted the company's leadership in the edge AI market and its ability to deliver compliant, high-performance products, creating opportunities for long-term partnerships with leading brands [3] Group 2: Market Opportunities - The global drone market is projected to reach $57.8 billion by 2030, indicating significant growth potential for Lantronix in both defense and commercial drone sectors [2] - The collaboration with Teal Drones allows Lantronix to support defense and industrial IoT projects that require TAA and NDAA compliance, positioning the company for sustained high-profit growth opportunities [3]

Core Viewpoint - Lantronix Inc. is set to release its financial results for the fiscal 2025 fourth quarter on August 27, 2025, after market close [1] Financial Results Announcement - The financial results will cover the period ended June 30, 2025 [1] - An investor conference call and audio webcast will be held on August 27, 2025, at 2:00 p.m. Pacific Time [2] - Investors can access the live conference call by dialing specific numbers for U.S. and international participants [2] Conference Call Replay - A replay of the conference call will be available on the Lantronix website starting at approximately 5:00 p.m. Pacific Time on August 27, 2025 [3] - A telephonic replay will be accessible until September 3, 2025, with specific dialing instructions provided [3] Company Overview - Lantronix Inc. is recognized as a global leader in Edge AI and Industrial IoT solutions [4] - The company provides intelligent computing, secure connectivity, and remote management for mission-critical applications [4] - It serves high-growth markets such as smart cities, enterprise IT, and unmanned systems in commercial and defense sectors [4] - Lantronix's offerings include a comprehensive portfolio of hardware, software, and services aimed at enhancing operational efficiency and digital transformation [4]

Core Insights - Lantronix has launched the new NTC-500 series of industrial-grade 5G routers aimed at enhancing enterprise mobility, gaining real-time insights, and improving return on investment [1][2] - The NTC-500 series is a result of Lantronix's acquisition of NetComm Wireless, showcasing the effectiveness of its strategic investments and solidifying its position in the industrial IoT market [1][2] - The 5G market is projected to grow from $2.7 billion in 2025 to $29 billion by 2030, driven by demand in critical applications across sectors like manufacturing and healthcare [3] Product Features and Benefits - The NTC-500 series addresses key pain points such as high deployment costs, long installation times, and the need for high-density endpoint support, opening new revenue streams in 5G private networks, edge computing, and industrial automation [2] - It supports multiple use cases with a flexible design, allowing customers to scale efficiently while reducing total ownership costs [2] - The routers comply with the latest 3GPP Release 16 5G standards, featuring both non-standalone (NSA) and standalone (SA) modes, along with 4G-LTE fallback and dynamic 5G slicing capabilities [5] Industry Recognition - The NTC-500 series has received accolades, including the "2025 Industrial IoT Product of the Year Award" from IoT Evolution World, highlighting its innovative contributions to the IoT market [4] Use Cases - High-speed data transmission enables seamless communication between industrial assets and systems, applicable in machine vision, remote monitoring, and firmware updates [6] - Low latency facilitates real-time control, crucial for robotics, automated guided vehicles (AGVs), and security systems [6] - The routers support flexible deployment scenarios, potentially saving thousands in cabling costs and enabling modular production lines and temporary logistics hubs [9]

Core Insights - Lantronix has launched the NTC-500 Series, a rugged industrial-grade 5G router aimed at transforming enterprise mobility and connectivity economics [1][2] - The NTC-500 Series is a result of Lantronix's acquisition of NetComm Wireless, reinforcing its strategic investment and global position in the IoT market [1][2] Product Features and Market Position - The NTC-500 Series is designed to capitalize on the global shift towards wireless industrial infrastructure, offering carrier certification and global approvals at a disruptive price point [2][4] - It addresses high deployment costs, long installation timelines, and limited mobility, opening new revenue streams in private 5G, edge computing, and industrial automation [3][4] - The product supports the n48-CBRS band, n77, and n78, facilitating rapid digitization of mobile assets and enhancing operational agility [4] Market Growth and Recognition - The 5G market is projected to grow from $2.7 billion in 2025 to $29 billion by 2030, with private 5G deployments accelerating in sectors like manufacturing and healthcare [5] - The NTC-500 Series has received the 2025 Industrial IoT Product of the Year Award, highlighting its innovation and contribution to the IoT industry [6][7] Technical Capabilities - The NTC-500 Series supports 5G Non-Standalone (NSA) and 5G Standalone (SA) with 4G-LTE fallback, enabling complex end-to-end quality of service solutions [8] - Key capabilities include ultra-fast 5G data transfer, low latency for real-time control, and cable-free connectivity, which enhances deployment flexibility [9][14]