PRECISION OPTICS CORPORATION, INC.
POCI · Electromedical & Electrotherapeutic Apparatus · 10.9M shares · -23%/yr ↓ buyback · EDGAR filings ↗
Reference price $3.60 · est. market cap ~$39M — last insider purchase, 2026-03-30 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
D42Precision Optics — small optics/medical-component maker with chronic losses.
Strengths
- Specialized micro-optics capability
Risks
- History of losses; cash runway ~1.9 quarters
- Low gross margin (7th pct); sub-scale
Notable findings
- No interest coverageInterest coverage -24.45 (cannot cover interest)
- Net lossNet loss (net margin -30.3%)
- Cash burnNegative free cash flow (-3.8M)
- Insider buyingInsider buying — 3 open-market buy(s) by 3 insider(s) (cluster of 3 insiders, ~$229,993, last 6mo) Form 4 ↗
- Buying back stockNet buyback — share count -23%/yr over 3y
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
17.8%
Operating margin
-29.1%
Net margin
-30.3%
Return on equity
-47.2%
Return on assets
-29.2%
ROIC
-32.4%
Revenue growth (QoQ)
18.2%
Debt / equity
0.1×
Interest coverage
-24.5×
Current ratio
1.6×
Free cash flow
-$4M
EBITDA
-$5M
Tangible book value
$3M
Cash & investments
$2M
Cash runway
2q
Stock comp / revenue
7.6%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-03-31 | COLL WAYNE M | Grant | 1.6K | $3.98 |
| 2026-03-30 | COLL WAYNE M | Buy | 21K | $3.60 |
| 2026-03-30 | TRAUT JOSEPH | Buy | 42K | $3.60 |
| 2026-03-30 | Forkey Joseph Norman | Buy | 1.4K | $3.60 |
| 2026-03-12 | Miclot Andrew J. | Option exercise | 20K | $1.44 |
| 2026-03-12 | Miclot Andrew J. | Tax withheld | 6.4K | $4.52 |
| 2025-12-31 | COLL WAYNE M | Grant | 1.4K | $6,250.00 |
| 2025-09-30 | COLL WAYNE M | Grant | 1.4K | $6,250.00 |
| 2025-06-30 | COLL WAYNE M | Grant | 1.4K | $6,250.00 |
| 2025-05-16 | Woodward Peter H | Option exercise | 30K | $2.19 |
| 2025-05-16 | Woodward Peter H | Tax withheld | 15K | $4.52 |
| 2025-03-31 | COLL WAYNE M | Grant | 1.3K | $6,250.00 |
| 2025-03-19 | Forkey Joseph Norman | Grant | 20K | — |
| 2025-02-21 | Woodward Peter H | Grant | 102K | $4.00 |
| 2024-12-31 | COLL WAYNE M | Grant | 1.3K | $5,769.24 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-03-30 | Material agreement3.02OtherExhibits | filing ↗ |
| 2026-03-20 | Shareholder vote | filing ↗ |
| 2025-10-03 | Exec/director changeExhibits | filing ↗ |
| 2025-06-03 | Material agreementExhibits | filing ↗ |
| 2025-05-23 | Shareholder vote | filing ↗ |
| 2025-05-20 | Material agreementExhibits | filing ↗ |
| 2025-05-19 | Material agreementExhibits | filing ↗ |
| 2025-03-20 | Exec/director changeExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 10-Q | 2026-05-13 | 2026-03-31 | 0001683168-26-003818 ↗ |
| 8-K | 2026-03-30 | 2026-03-27 | 0001683168-26-002421 ↗ |
| 8-K | 2026-03-20 | 2026-03-19 | 0001683168-26-002057 ↗ |
| 10-Q | 2026-02-17 | 2025-12-31 | 0001683168-26-001109 ↗ |
| 10-Q | 2025-11-13 | 2025-09-30 | 0001683168-25-008330 ↗ |
| 10-K/A | 2025-10-28 | 2025-06-30 | 0001683168-25-007809 ↗ |
| 8-K | 2025-10-03 | 2025-09-29 | 0001683168-25-007400 ↗ |
| 10-K | 2025-09-29 | 2025-06-30 | 0001683168-25-007305 ↗ |
| 8-K | 2025-06-03 | 2025-06-02 | 0001683168-25-004192 ↗ |
| 8-K | 2025-05-23 | 2025-05-20 | 0001683168-25-004003 ↗ |
| 8-K | 2025-05-20 | 2025-05-14 | 0001683168-25-003888 ↗ |
| 8-K | 2025-05-19 | 2025-05-13 | 0001683168-25-003830 ↗ |