Genasys Inc.
GNSS · Household Audio & Video Equipment · 45.5M shares · +7%/yr ↑ dilution · EDGAR filings ↗
Net buyback after stock comp: -$654K (gross $998K, SBC $2M)
Reference price $1.98 · est. market cap ~$90M — last insider purchase, 2026-02-19 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
D44Loss-making protective-communications company with weak liquidity and negative equity-driven returns.
Strengths
- Differentiated LRAD/Genasys Protect platform with government and SaaS revenue mix
- $8M cash giving ~3.6 quarters of runway
Risks
- Deeply negative returns (ROA -28%, ROE -8.36 on thin/negative equity) and falling earnings (-43%)
- Weak liquidity (current ratio 0.72, quick 0.56) and continued cash burn (FCF -$9M)
Notable findings
- Exec changeRecent 8-K item 5.02 8-K ↗
- Cash burnNegative free cash flow (-9.0M)
- Weak liquidityCurrent ratio 0.72 (<1)
- Revenue declineRevenue -56.1% YoY
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Return on equity
-835.8%
Return on assets
-28.4%
Revenue growth (QoQ)
-56.1%
Current ratio
0.7×
Free cash flow
-$9M
EBITDA
-$14M
Tangible book value
-$17M
Cash & investments
$8M
Cash runway
4q
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-03-26 | Hagenbuch Lawrence F | Grant | 48K | — |
| 2026-03-17 | Fugate William Craig | Grant | 48K | — |
| 2026-03-17 | Malhotra R. Rimmy | Grant | 48K | — |
| 2026-03-17 | Schmeiser Susan Lee | Grant | 48K | — |
| 2026-03-17 | Dodd William H | Grant | 48K | — |
| 2026-02-19 | Dodd William H | Buy | 25K | $1.98 |
| 2026-02-18 | Dodd William H | Buy | 27 | $1.97 |
| 2026-01-26 | Danforth Richard | Grant | 400K | — |
| 2025-12-24 | HERNANDEZ-MONTEON CASSANDRA L | Grant | 70K | — |
| 2025-12-11 | HERNANDEZ-MONTEON CASSANDRA L | Grant | 10K | — |
| 2025-10-01 | Dodd William H | Grant | 6.4K | — |
| 2025-10-01 | Fugate William Craig | Grant | 6.4K | — |
| 2025-10-01 | Culhane Mark | Grant | 6.4K | — |
| 2025-10-01 | Malhotra R. Rimmy | Grant | 6.4K | — |
| 2025-10-01 | Osgood Richard Hoe III | Grant | 6.4K | — |
| 2025-03-17 | Osgood Richard Hoe III | Grant | 38K | — |
| 2025-03-17 | Schmeiser Susan Lee | Grant | 38K | — |
| 2025-03-17 | Dodd William H | Grant | 38K | — |
| 2025-03-17 | Culhane Mark | Grant | 38K | — |
| 2025-03-17 | Fugate William Craig | Grant | 38K | — |
| 2025-03-17 | Malhotra R. Rimmy | Grant | 38K | — |
| 2025-02-14 | Klahn Dennis D | Tax withheld | 4.1K | $3.38 |
| 2025-02-10 | Klahn Dennis D | Tax withheld | 1.4K | $2.92 |
| 2025-01-15 | Malhotra R. Rimmy | Grant | 5.0K | — |
All non-derivative Form 4 activity (SEC), newest first.
Supply chain
Customers (2)
- Puerto Rico
- U.S. Navy
Suppliers (0)
Named in the 10-K; linked when we track them.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-12 | Material agreementDebt obligationExhibits | filing ↗ |
| 2026-05-14 | Material agreementResultsDebt obligationExhibits | filing ↗ |
| 2026-03-30 | Exec/director changeReg FDExhibits | filing ↗ |
| 2026-03-18 | Shareholder vote | filing ↗ |
| 2026-02-10 | ResultsExhibits | filing ↗ |
| 2026-01-30 | Exec/director change | filing ↗ |
| 2026-01-02 | Exec/director change | filing ↗ |
| 2025-12-29 | Material agreementExec/director changeReg FD | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-12 | 2026-06-09 | 0001193125-26-269389 ↗ |
| 8-K | 2026-05-14 | 2026-05-12 | 0001193125-26-224030 ↗ |
| 10-Q | 2026-05-14 | 2026-03-31 | 0001193125-26-224042 ↗ |
| 8-K | 2026-03-30 | 2026-03-26 | 0001193125-26-131789 ↗ |
| 8-K | 2026-03-18 | 2026-03-17 | 0001193125-26-114015 ↗ |
| 8-K | 2026-02-10 | 2026-02-10 | 0001193125-26-044673 ↗ |
| 10-Q | 2026-02-10 | 2025-12-31 | 0001193125-26-044696 ↗ |
| 8-K | 2026-01-30 | 2026-01-26 | 0001193125-26-031771 ↗ |
| 8-K | 2026-01-02 | 2025-12-24 | 0001193125-26-000921 ↗ |
| 8-K | 2025-12-29 | 2025-12-19 | 0001193125-25-335297 ↗ |
| 10-K | 2025-12-15 | 2025-09-30 | 0001193125-25-319294 ↗ |
| 8-K | 2025-12-10 | 2025-12-04 | 0001193125-25-313566 ↗ |