Flux Power Holdings, Inc. (NASDAQ:FLUX) Q2 2024 Earnings Conference Call February 8, 2024 4:30 PM ET

Company Participants

Maria Rico - Marketing Manager

Ron Dutt - Chief Executive Officer

Chuck Scheiwe - Chief Financial Officer

Conference Call Participants

Rob Brown - Lake Street Capital Markets

Sameer Joshi - H.C. Wainwright

Craig Irwin - ROTH

Matthew Galinko - Maxim Group

Operator

Greetings, and welcome to the Flux Power Holdings Second Quarter Fiscal Year 2024 Financial Results Conference Call. [Operator Instructions] As a reminder, this conference is being recorded. I would now like to hand the call over to Maria Rico, Marketing Manager. Maria?

Maria Rico

Thank you, operator. Your host today, Ron Dutt, Chief Executive Officer and Chuck Scheiwe, Chief Financial Officer, will present results of operations for the fiscal second quarter ended December 31, 2023. A press release detailing these results crossed the wires this afternoon at 4:01 p.m. Eastern Time and is available in the Investor Relations section of our company’s website fluxpower.com.

Before we begin the formal presentation, I would like to remind everyone that statements made on the call and webcast may include predictions, estimates or other information that might be considered forward-looking. While these forward-looking statements represent our current judgments on what the future holds, they are subject to risks and uncertainties that could cause actual results to differ materially. You are cautioned not to place undue reliance on these forward-looking statements, which reflect our opinions only as of the date of this presentation.

Please keep in mind that we are not obligated or we are not obligating ourselves to revise or publicly release the results of any revisions to these forward-looking statements in light of new information of future events. Throughout today’s discussion, we will attempt to present some important factors relating to our business that may affect our predictions. You should also review our most recent Form 10-K for a more complete discussion of these factors and other risks, particularly under the heading Risk Factors.

At this time, I will turn the call over to Flux Power’s Chief Executive Officer, Ron Dutt.

Ron Dutt

Thank you, Maria and good afternoon everyone. I am pleased to welcome you to today’s fiscal second quarter 2024 financial results conference call.

Firstly, please note that on Slide 3, if you are following the deck, for those of you new to our story, there is a short reminder of what we do. We are powering your transition to sustainable lithium-ion battery technology. We are powering material handling, airport ground support, solar energy storage, port authority equipment and other applications with new and clean technology. Our products and services are focused on the growing demand for large nationwide fleets that are pursuing a better return on investment and a positive environmental impact compared to lead acid batteries. We are the leading supplier to large material handling fleets who require the best, both now and with future deliveries in product, technology, service and ease of doing business.