With $6.6M in liquid assets and a quarterly operating loss of ~$3.8M, Astrotech has less than two quarters of cash runway. Monitor for a potential dilutive offering or going concern disclosure in the next 10-Q.
Price Chart
Executive Summary
Astrotech reported Q3 FY2026 revenue of $343k, down 36% YoY, and a net loss of -$3.77M (-$2.25/share) vs -$3.63M (-$2.18/share) a year ago. No guidance was provided, and the company's cash and short-term investments fell to $6.6M, implying less than two quarters of runway at the current burn rate.
Key Facts
- Q3 FY2026 revenue $343,000, down 35.8% from $534,000 YoY
- Net loss widened to -$3.77M from -$3.63M; EPS -$2.25 vs -$2.18
- Cash and short-term investments decreased to $6.6M from $18.2M at June 30, 2025
- No forward guidance or outlook provided
- R&D expenses down 28% to $1.435M as company transitions from development to sales
Financial Impact
Quarterly revenue decline of $191k (35.8%) YoY; net loss increased by $135k. Cash burn ~$3.8M/quarter suggests <2 quarters of liquidity.
Risk Factors
- Cash runway insufficient to fund operations beyond Q1 FY2027 without additional capital
- Revenue continued to decline despite cost-cutting, raising questions about product-market fit
- Accumulated deficit reached -$262M with no clear path to profitability
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001437749-26-016540 |
| Document: astc20260506_8k.htm | 0001437749-26-016540 |
| Document: 0001437749-26-016540-index-headers.html | 0001437749-26-016540 |
| Document: 0001437749-26-016540-index.html | 0001437749-26-016540 |
| Document: 0001437749-26-016540.txt | 0001437749-26-016540 |
| 8-K Data (Synthetic) | 0001437749-26-016540 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 23, 2026 4d ago | DEFA14A | $5.04 | awaiting T+5 | — | $5.21 (+3.44%) |
Oct 23, 2026 4d ago | DEF 14A | $5.04 | awaiting T+5 | — | $5.21 (+3.44%) |
Oct 19, 2026 7d ago | 8-K | $4.87 | awaiting T+5 | — | $5.21 (+7.05%) |
Sep 25, 2026 4w ago | 8-K | $7.16 $7.06 | ▲ +1.33% | ▲ +1.11% | $5.21 (+27.14%) |
Sep 25, 2026 4w ago | Press Release | $7.16 $7.06 | ▲ +1.40% | ▲ +1.18% | $5.21 (+27.19%) |
Aug 6, 2026 11w ago | 10-Q/A | $8.88 $8.41 | ▼ −5.29% | ▼ −5.69% | $5.21 (−41.29%) |
Jul 22, 2026 13w ago | 8-K | $7.30 $6.21 | ▼ −14.93% | ▼ −12.53% | $5.21 (−28.58%) |
Jul 8, 2026 15w ago | EFFECT | $9.11 $8.86 | ▲ +2.74% | ▲ +3.61% | $5.21 (+42.77%) |
Jun 30, 2026 17w ago | S-3 | $10.91 $10.29 | ▲ +5.64% | ▲ +6.24% | $5.21 (+52.19%) |
Jun 16, 2026 19w ago | 8-K / PRESS-RELEASE | $16.08 $11.78 | ▼ −26.74% | ▼ −24.51% | $5.21 (−67.58%) |
US Market Status
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