Earnings summaries and quarterly performance for ASTROTECH.
Executive leadership at ASTROTECH.
Board of directors at ASTROTECH.
Research analysts covering ASTROTECH.
Recent press releases and 8-K filings for ASTC.
Astrotech Reports Q1 Fiscal Year 2026 Financial Results
ASTC
Earnings
Management Change
Revenue Acceleration/Inflection
- Astrotech reported revenue of $297 thousand for the first quarter of fiscal year 2026, marking a 35% increase compared to the fourth quarter of fiscal year 2025.
- As of September 30, 2025, the company's consolidated balance sheet showed $13.9 million in cash and cash equivalents and liquid investments.
- Nihanth Badugu was appointed Chief Operating Officer of the Company and its subsidiaries, effective August 13, 2025.
- The TRACER 1000 has been deployed in approximately 34 locations in 16 countries across the United States, Europe, and Asia as of September 30, 2025.
Nov 13, 2025, 9:21 PM
Astrotech Corporation Adopts Transaction Bonus Plan and Announces CFO Separation
ASTC
Executive Compensation
CFO Change
- Astrotech Corporation's Board of Directors and Compensation Committee approved a Transaction Bonus Plan, effective November 5, 2025, to incentivize key service providers for a successful "Qualifying Transaction".
- The Bonus Pool for the plan is structured as 10% of the first $50 million of net proceeds, 5% of net proceeds between $50 million and $100 million, and 2% of net proceeds exceeding $100 million, with a minimum net proceeds threshold of $30 million for the pool to be established.
- Jennifer Canas resigned as Chief Financial Officer, Treasurer, and Secretary, effective October 17, 2025.
- A Separation Agreement was finalized on November 10, 2025, providing Ms. Canas with a cash payment of $122,795.25 and extended health insurance coverage through April 30, 2026.
Nov 12, 2025, 10:13 PM
Astrotech Reports Fiscal Year 2025 Financial Results
ASTC
Earnings
Product Launch
New Projects/Investments
- Astrotech Corporation reported a net loss of $(13.850) million, or $(8.32) per common share, on $1.0 million in revenue for the fiscal year ended June 30, 2025, with revenue decreasing from the prior year.
- The company's gross margin increased to 45.3% for fiscal year 2025, up from 45.1% in the prior year, attributed to higher margin device sales.
- As of June 30, 2025, Astrotech held $18.2 million in cash and cash equivalents and liquid investments, a notable decrease from the prior fiscal year.
- Operationally, Astrotech formed EN-SCAN, Inc. for environmental testing and its 1st Detect subsidiary launched the enhanced TRACER 1000 Narcotics Trace Detector.
- 1st Detect also secured a research and development contract with the Department of Homeland Security on January 14, 2025, for next-generation explosives trace detection.
Sep 25, 2025, 8:40 PM
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