Precision Optics (US:POCI)2025-11-13 21:15Revenue Performance - Total revenues for the quarter ending September 30, 2025, were $6,680,823, an increase of 59.2% compared to $4,197,053 for the same period in the prior year [64]. - Revenue from Systems Manufacturing increased by 297.3% during the quarter, primarily due to significant increases in customer demand [65]. Profitability - Gross profit decreased to $946,358, with a gross margin of 14.2%, down from 26.6% in the same quarter of the previous year [67]. Expenses - R&D expenses decreased by $88,819 to $311,840, reflecting ongoing efforts in product improvements and new technology development [68]. - SG&A expenses increased by 13.6% to $2,229,773, primarily due to increased stock compensation and consulting expenses [69]. Cash Flow - Net cash provided by operating activities totaled $78,227, a significant improvement from $318,622 net cash used in the same period last year [71]. - Capital equipment expenditures during the quarter were $523,539, compared to $28,099 in the same period of the prior year [76]. Financial Commitments - Contractual cash commitments related to open purchase orders as of September 30, 2025, were approximately $7,402,000 [77]. - The company has no off-balance sheet arrangements that could materially affect its financial condition [78]. - The company may require external financing in the short term to meet working capital needs [70].