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Last $0.06 USD
Change Today -0.004 / -6.15%
Volume 71.0K
As of 8:10 PM 03/27/15 All times are local (Market data is delayed by at least 15 minutes).

flux power holdings inc (FLUX) Snapshot

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52 Week High
03/31/14 - $0.42
52 Week Low
01/23/15 - $0.05
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Current Stock Chart for FLUX POWER HOLDINGS INC (FLUX)

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flux power holdings inc (FLUX) Details

Flux Power Holdings, Inc., through its subsidiary, Flux Power, Inc., designs, develops, and sells rechargeable energy storage systems in the United States. Its products include battery cell management system (BMS) that provides cell balancing, monitoring, and error reporting functions for battery systems; and battery modules, which are energy storage modules for industrial, governmental, and grid storage applications, as well as electrical vehicles. The company also offers air-cooled and liquid-cooled chargers to interface with its BMS; and integrates lithium packs in various applications, including industrial equipment and portable energy storage. In addition, it develops and sells a range of complementary technologies and products for its BMS products. The company sells its products directly to small companies and military integrators, as well as through lift equipment dealers and battery distributors. Flux Power Holdings, Inc. is headquartered in Vista, California.

12 Employees
Last Reported Date: 10/7/14

flux power holdings inc (FLUX) Top Compensated Officers

Chief Executive Officer, President, Interim C...
Total Annual Compensation: $146.7K
Co-Founder and Director
Total Annual Compensation: --
Compensation as of Fiscal Year 2014.

flux power holdings inc (FLUX) Key Developments

Flux Power Holdings, Inc Approves Amendments to its Articles of Incorporation

On February 17, 2015, Flux Power Holdings Inc. announced that its Board of Directors, had approved an amendment to its Articles of Incorporation to change the authorized number of shares of common stock of the company from 145,000,000 to 300,000,000 shares.

Flux Power Holdings, Inc Announces Earnings Results for Second Quarter Ended December 31, 2014

Flux Power Holdings Inc. announced earnings results for second quarter ended December 31, 2014. The company's revenue rose to $210,000 in second quarter of 2015 compared to $28,000 in second quarter of 2014 and first quarter of 2015 revenues of $86,000. For quarter, net loss decreased to $618,000, or $0.01 per basic share, compared to a net loss of $915,000, or $0.02 per basic share, in second quarter of 2014.

Global Consumer Packaged Goods Company Approves Flux Power Holdings, Inc.'s Lithium Batteries for Toyota & Crown Class III Pallet Jack Forklifts

Flux Power Holdings Inc. announced a global consumer packaged goods company has provided approval for its U.S. fleet managers to order Flux's 24-volt LiFT Pack batteries to power their electric pallet jacks. This approval follows the completion of the customer's evaluation of Flux's full line of 24-Volt LiFT Pack lithium batteries designed for use on Class III pallet jacks or walkies, which are small forklifts operated by a user walking alongside. The packaged goods company required technical approval of the Flux packs by the forklift OEM's, Toyota Material Handling Group North America and Crown Equipment Corporation. As the packaged goods company assessed Flux's 250Ahe LiFT Pack battery, they recognized the benefits of longer run times, no scheduled maintenance and lower total cost of ownership relative to legacy power solutions. They then expanded their evaluation to the 80Ahe and 135Ahe models, which allows each of their distribution centers to select the right size battery pack for their workload and charging requirements. Following a few initial purchases beginning in July 2014, the packaged goods company took delivery of another 22 LiFT Packs in late 2014 to power both Crown and Toyota pallet jacks. Approval of the Flux LiFT Packs has been granted for the Crown WP 3000 and Toyota 7HBW23 pallet jacks.


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