FLUX POWER HOLDINGS, INC. (OTCMKTS:FLUX) Files An 8-K Results of Operations and Financial ConditionItem 2.02 Results of Operations and Financial Condition.
On July 17, 2018, Flux Power Holdings, Inc. (the “Company”) issued a press release announcing an update on its FY 2018 Q4 (Q4'18) and full year performance for the periods ended June 30, 2018 and highlighted initial sales progress providing confidence in its FY growth outlook.
The information disclosed under Item 2.02, including Exhibit 99.1, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, and shall not be deemed to be incorporated by reference in any filing under the Exchange Act, except as expressly set forth by specific reference in such filing.
Item 9.01Financial Statements and Exhibits.
(d) Exhibits.
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Exhibit No. |
Exhibit Description |
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99.1 |
Press Release dated July 17, 2018
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Flux Power Holdings, Inc. ExhibitEX-99.1 2 ex_99-1.htm FLUX POWER SEES FY 2018 REVENUES RISING OVER 340% Blueprint Exhibit 99.1 Flux Power Sees FY 2018 Revenues Rising over 340% to $4M and More than Doubling in FY 2019,…To view the full exhibit click here
About FLUX POWER HOLDINGS, INC. (OTCMKTS:FLUX)
Flux Power Holdings, Inc., designs, develops and sells rechargeable advanced lithium-ion batteries for industrial uses, including UL 2771 Listed lithium-ion LiFT Pack forklift batteries. The Company offers a high power battery cell management system (BMS). Its BMS provides three functions to its battery systems: cell balancing, performed by adjusting the capacity of each cell in a storage system according to temperature, voltage, and internal impedance metrics; monitoring, performed by way of a physical connection to individual cells for monitoring voltage and performing calculations from basic metrics to determine remaining capacity and internal impedance, and error reporting, performed by analyzing data from monitoring each individual cell and making decisions on whether the individual cell or the system is operating out of normal specifications. Using its battery management technology, it offers integrated energy storage solutions or custom modular standalone systems to its clients.