With only $6.6M in cash and short-term investments and a quarterly cash burn of ~$1.3M, Astrotech has less than 5 quarters of runway. The revenue decline and widening losses suggest the company is not generating traction. Traders should watch for a potential dilutive offering or going-concern risk in the next 10-Q.
Price Chart
Executive Summary
Astrotech reported Q3 FY2026 revenue of $343K, down 36% YoY from $534K, with a net loss of $3.77M ($2.25/share) vs $3.63M loss a year ago. The company continues to burn cash with no path to profitability, and its cash & short-term investments have dwindled from $18.2M to $6.6M over nine months.
Key Financial Metrics
Key Facts
- Revenue fell 36% YoY to $343K in Q3 FY2026
- Net loss widened to $3.77M from $3.63M a year ago
- Cash & short-term investments dropped to $6.6M from $18.2M at June 30, 2025
- Gross profit margin collapsed to 19.5% from 44.4% a year ago
- No revenue or EPS guidance provided; no analyst estimates available
- Market cap is only ~$5M, making the company a micro-cap with limited liquidity
Financial Impact
Revenue decline of 36% YoY; cash burn of ~$1.3M per quarter; no path to profitability
Risk Factors
- Cash runway of less than 5 quarters at current burn rate
- No revenue growth trajectory; product commercialization not materializing
- Potential need for dilutive equity financing
- Micro-cap with low liquidity and high volatility
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3293969 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 23, 2026 4d ago | DEFA14A | $5.04 | awaiting T+5 | — | $5.23 (+3.77%) |
Oct 23, 2026 4d ago | DEF 14A | $5.04 | awaiting T+5 | — | $5.23 (+3.77%) |
Oct 19, 2026 8d ago | 8-K | $4.87 $5.23 | ▲ +7.39% | ▲ +7.31% | $5.23 (+7.39%) |
Sep 25, 2026 4w ago | 8-K | $7.16 $7.06 | ▲ +1.33% | ▲ +1.11% | $5.23 (+26.90%) |
Sep 25, 2026 4w ago | Press Release | $7.16 $7.06 | ▲ +1.40% | ▲ +1.18% | $5.23 (+26.96%) |
Aug 6, 2026 11w ago | 10-Q/A | $8.88 $8.41 | ▼ −5.29% | ▼ −5.69% | $5.23 (−41.10%) |
Jul 22, 2026 13w ago | 8-K | $7.30 $6.21 | ▼ −14.93% | ▼ −12.53% | $5.23 (−28.36%) |
Jul 8, 2026 15w ago | EFFECT | $9.11 $8.86 | ▲ +2.74% | ▲ +3.61% | $5.23 (+42.59%) |
Jun 30, 2026 17w ago | S-3 | $10.91 $10.29 | ▲ +5.64% | ▲ +6.24% | $5.23 (+52.04%) |
Jun 16, 2026 19w ago | 8-K / PRESS-RELEASE | $16.08 $11.78 | ▼ −26.74% | ▼ −24.51% | $5.23 (−67.48%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers