Monitor the December 4 annual meeting for any shareholder dissent on director elections or auditor ratification, and watch for further cash burn updates in the next quarterly filing.
Price Chart
Executive Summary
Astrotech Corp filed its definitive proxy statement for the 2026 annual meeting, proposing the election of seven directors (including CEO Thomas Pickens and six independent nominees) and ratification of auditor RBSM LLP. The filing follows a fiscal year 2026 earnings release showing a net loss of $14.4 million, widening from a $13.9 million loss in FY2025, with $11.3 million in cash. CEO Pickens received total compensation of $548,262 for FY2026, down from $954,851 in FY2025, while the company disclosed a related-party transaction of $674,010 paid to the CEO's son-in-law for software development services.
Key Facts
- Annual meeting scheduled for December 4, 2026, to elect seven directors and ratify RBSM LLP as auditor
- CEO Thomas Pickens total compensation was $548,262 for FY2026, down from $954,851 in FY2025
- Net loss widened to $14.4 million in FY2026 from $13.9 million in FY2025
- Cash and short-term investments of $11.3 million as of June 30, 2026
- Related-party transaction: $674,010 paid to CEO's son-in-law for software development services since July 2024
- No shareholder proposals were received for inclusion in the proxy statement
- Six of seven director nominees are independent; no contested elections
- Compensation Committee did not award bonuses to NEOs for FY2026
Financial Impact
Routine proxy filing with no material financial impact; net loss of $14.4 million and cash burn rate are the key financial context
Risk Factors
- Continued net losses and cash burn may require additional financing
- Related-party transaction with CEO's son-in-law could raise governance concerns
- Low cash balance of $11.3 million relative to $14 million in annual operating expenses
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| DEF 14A Filing (Primary) | 0001437749-26-033333 |
| Document: 0001437749-26-033333-index-headers.html | 0001437749-26-033333 |
| Document: 0001437749-26-033333-index.html | 0001437749-26-033333 |
| Document: 0001437749-26-033333.txt | 0001437749-26-033333 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 23, 2026 3d ago | DEFA14A | $5.04 | awaiting T+5 | — | $5.01 (−0.60%) |
Oct 23, 2026 3d ago | DEF 14A | $5.04 | awaiting T+5 | — | $5.01 (−0.60%) |
Oct 19, 2026 7d ago | 8-K | $4.87 | awaiting T+5 | — | $5.01 (+2.87%) |
Sep 25, 2026 4w ago | 8-K | $7.16 $7.06 | ▲ +1.33% | ▲ +1.11% | $5.01 (+29.98%) |
Sep 25, 2026 4w ago | Press Release | $7.16 $7.06 | ▲ +1.40% | ▲ +1.18% | $5.01 (+30.03%) |
Aug 6, 2026 11w ago | 10-Q/A | $8.88 $8.41 | ▼ −5.29% | ▼ −5.69% | $5.01 (−43.58%) |
Jul 22, 2026 13w ago | 8-K | $7.30 $6.21 | ▼ −14.93% | ▼ −12.53% | $5.01 (−31.37%) |
Jul 8, 2026 15w ago | EFFECT | $9.11 $8.86 | ▲ +2.74% | ▲ +3.61% | $5.01 (+45.01%) |
Jun 30, 2026 16w ago | S-3 | $10.91 $10.29 | ▲ +5.64% | ▲ +6.24% | $5.01 (+54.06%) |
Jun 16, 2026 18w ago | 8-K / PRESS-RELEASE | $16.08 $11.78 | ▼ −26.74% | ▼ −24.51% | $5.01 (−68.84%) |
US Market Status
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