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Genasys GNSS Fair Value Adjustment Of Warrants

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Other financials

Income statement

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Revenue$15.5M+124%
Gross profit$9.8M+276%
Operating income$1.3M+120%
Net income$723.0K+112%
EPS (diluted)$0.02+114%

Balance sheet

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Cash & equivalents$931.0K-83.6%
Total debt$2.8M-83.2%
Total equity$3.0M-62.4%
Total assets$61.6M+24.0%

Cash flow

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Operating cash flow-$9.3M-47.3%
CapEx$41.0K-73.5%
Free cash flow-$9.4M-44.4%

Valuation

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Market cap$77.42M+3.9%
Enterprise value$79.27M+8.9%
P/S1.3×-1.1×

Profitability

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Gross margin49.1%+4.7pp
Operating margin-8.4%-4.0pp
Net margin-13.4%-6.2pp
FCF margin-37.7%

Returns & leverage

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Return on equity-144.2%+15.0pp
Debt / equity0.9×-1.1×
Current ratio0.7×-0.3×

Where this comes from

Reported directly by Genasys in its filing.

Tagged under the XBRL concept us-gaap:FairValueAdjustmentOfWarrants.

The official record: Genasys’s 10-Q, filed May 14, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Genasys's fair value adjustment of warrants?
Genasys (GNSS) reported fair value adjustment of warrants of -$690K in Q1 2026.
How has Genasys's fair value adjustment of warrants changed year-over-year?
Genasys's fair value adjustment of warrants increased by 27.4% year-over-year, from -$950K to -$690K.
What does fair value adjustment of warrants mean?
This represents the non-cash gain or loss resulting from the periodic revaluation of outstanding warrant liabilities. Because these instruments are often marked to market, fluctuations reflect changes in the company's stock price and volatility. It is a non-operating item that impacts net income but does not affect cash flow.