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Boxlight Corp

CIK: 16245122 Annual ReportsLatest: 2026-04-15

10-K / April 15, 2026

Revenue:$109,246,000
Income:-$25,079,000

10-K / March 28, 2025

Revenue:$135,893,000
Income:-$29,604,000

10-K / April 15, 2026

Boxlight Corporation

Overview

  • Technology company that develops, sells, and services interactive solutions for the global education market, with products and services also used by corporate and government customers.
  • Offers hardware, software, content, and professional development designed to improve classroom collaboration, meeting-room communication, and learning outcomes.
  • All products integrate into Boxlight’s classroom software suite for learning, assessment, and collaboration; professional development is offered to U.S. educational customers.

Core business

  • Designs, manufactures, and distributes interactive and non-interactive flat-panel displays, LED video walls, media players, classroom audio and campus communication systems, cameras, peripherals, and related accessories.
  • Provides STEM offerings, including 3D printers, robotics solutions, and portable science labs.
  • Delivers educational software and content plus professional services and training.
  • Launched FrontRow Symphony™, an IP-based campus-wide communication platform that integrates classroom audio with school bells, paging, intercom, and emergency alerting (launched January 2026).

Product portfolio

  • Front-of-Class Displays
    • Interactive flat-panel displays (IFPDs), interactive whiteboards (IWB), and non-interactive flat panels.
    • Brands: Clevertouch, Mimio (including associated software and professional development).
  • Digital Signage Displays
    • Clevertouch and Mimio branded digital signage.
  • FrontRow Classroom Audio and Campus Communication
    • Systems for bells, paging, intercoms, emergency notifications, and alerting.
    • Products include Juno, Unity, EzRoom and ecosystem components such as Conductor and ELEVATE.
  • STEM
    • Robo3D 3D printers (Robo E4, Robo E4 Pro), MyStemKits, and related curriculum.
  • Educational Software & Content
    • Products and platforms include MimioStudio, MimioConnect, LYNK Whiteboard, OKTOPUS, MyClass, and MyClass Classroom licenses; MyClass supports lesson building, assessments, and LMS integration.
  • Peripherals and Accessories
    • LessonCam document camera, OPS PC modules, sensors, Clever Connect, mounts and installation accessories.
  • Professional Development
    • Boxlight/EOS Education training, educator certification programs, and job-embedded professional learning.
  • Additional solutions
    • Clevertouch CM Series (non-interactive), Mimio DS Series, CleverLive digital signage platform and CMS, Live Rooms (room booking and digital signage), Cleverhub upgrades for legacy systems, Clevertouch PICO MK5 media player, Clevertouch Lux, Clevertouch Max 2, Clevertouch Edge.

Markets and footprint

  • Solutions sold in more than 70 countries.
  • Deployed in over 1.5 million classrooms and meeting spaces.
  • Sells through a network of more than 1,000 global reseller partners.
  • Primary focus on the U.S. education market, with expanding presence in corporate, higher-education, and government sectors.

Organization and subsidiaries

  • Incorporated in Nevada (Boxlight Corporation) with multiple subsidiaries, including Boxlight Inc. (U.S.), Sahara Holdings Limited (UK) and its subsidiaries, Boxlight Latinoamerica entities (Mexico, inactive), and additional entities across the U.S. and European countries.
  • Acquisitions include FrontRow Calypso LLC (2021), Interactive Concepts / Sahara Presentation Systems Europe (2021), Sahara (2020), MyStemKits (2020), MRI (2019), Mimio (2016), Genesis (2016), Qwizdom (2018), Cohuborate (2018), among others.

Financial snapshot (as disclosed)

  • Revenue:
    • 2025: $109.2 million
    • 2024: $135.9 million
    • Year-over-year change (2025 vs 2024): -19.6%
  • Net income (loss) attributable to common stockholders:
    • 2025: -$25.1 million
    • 2024: -$29.6 million
  • Employees (as of December 31, 2025):
    • Total: 155
    • Operations: 73; Sales & Marketing: 65; Administration: 17
  • Debt and capital structure:
    • As of December 31, 2025, approximately $32.2 million owed to the lender under the Credit Agreement.
  • Public market and capitalization:
    • Publicly traded on the Nasdaq Capital Market (Class A common stock).
    • Company activity in recent years includes reverse stock splits, private placements and issuance of warrants, with adjustments to exercise prices and share counts between 2022 and 2025.

Growth initiatives and strategy

  • Centralizing acquired businesses on a common ERP with multi-currency support and improved inter-company visibility.
  • Expanding sales efforts beyond K–12 education into corporate, higher-education, and government markets with dedicated sales teams.
  • Managing liquidity, debt covenants, and related risks as part of ongoing financial oversight.

Key value propositions

  • Integrated portfolio covering interactive hardware, software, content, and professional development for schools and enterprises.
  • Global distribution supported by an extensive reseller network and wide geographic footprint.
  • End-to-end capabilities across hardware, software, content, and services aimed at connected classrooms and campus-wide communications.
  • Product diversification across STEM, digital signage, conference-room solutions, campus safety features, and cloud-based management via CleverLive.