lrad corporation was founded in 1980 and recapitalized in 1992. in 1996, the company launched its first directed sound technology and began engineering sound solutions for the commercial, government, and military markets. in response to the october 2000 attack on the uss cole, the company’s engineering team developed the revolutionary long range acoustic device® (lrad® ). with the introduction of lrad systems in 2003, the company created the acoustic hailing device (ahd) market. today, lrad directional sound systems are being used around the world in diverse applications including fixed and mobile military deployments, maritime security, critical infrastructure and perimeter security, commercial security, border and port security, law enforcement and emergency responder communications, and wildlife preservation and control. lrad corporation’s management team blends technology, operations, manufacturing and marketing expertise with acoustic engineering experience. since 2006, this team
Company profile
Ticker
GNSS
Exchange
Website
CEO
Richard Danforth
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
AMERICAN TECHNOLOGY CORP /DE/, LRAD Corp
SEC CIK
Corporate docs
Subsidiaries
Genasys Communications Canada ULC • Genasys Puerto Rico, LLC • Genasys Singapore PTE Ltd • LRAD International Corporation • Zonehaven LLC • Evertel Technologies, LLC ...
IRS number
870361799
GNSS stock data
Latest filings (excl ownership)
8-K
Submission of Matters to a Vote of Security Holders
19 Mar 24
10-Q
2025 Q1
Quarterly report
14 Feb 24
8-K/A
Genasys Inc. Reports Fiscal First Quarter 2024 Financial Results
14 Feb 24
8-K
Genasys Inc. Reports Fiscal First Quarter 2024 Financial Results
13 Feb 24
DEFA14A
Additional proxy soliciting materials
29 Jan 24
DEF 14A
Definitive proxy
29 Jan 24
10-K
2023 FY
Annual report
7 Dec 23
8-K
Genasys Inc. Reports Fiscal Fourth Quarter and Fiscal Year 2023 Financial Results
7 Dec 23
8-K
Genasys Completes Acquisition of Evertel
4 Oct 23
424B5
Prospectus supplement for primary offering
28 Sep 23
Transcripts
GNSS
Earnings call transcript
2023 Q3
10 Aug 23
GNSS
Earnings call transcript
2023 Q2
8 May 23
GNSS
Earnings call transcript
2023 Q1
9 Feb 23
GNSS
Earnings call transcript
2022 Q4
1 Dec 22
GNSS
Earnings call transcript
2022 Q3
12 Aug 22
GNSS
Earnings call transcript
2022 Q2
10 May 22
GNSS
Earnings call transcript
2022 Q1
8 Feb 22
GNSS
Earnings call transcript
2021 Q4
23 Nov 21
GNSS
Earnings call transcript
2021 Q3
29 Jul 21
GNSS
Earnings call transcript
2021 Q2
14 May 21
Latest ownership filings
4
Caltha Seymour
18 Mar 24
4
Susan Lee Schmeiser
18 Mar 24
4
Scott L Anchin
18 Mar 24
4
Richard Hoe Osgood III
18 Mar 24
4
Dennis D Klahn
15 Feb 24
SC 13G/A
AWM Investment Company, Inc.
14 Feb 24
SC 13G/A
Manatuck Hill Partners, LLC
13 Feb 24
4
Scott L Anchin
15 Dec 23
4
Dennis D Klahn
13 Dec 23
4
Richard Hoe Osgood III
13 Dec 23
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Sep 23 | Sep 22 | Sep 21 | Sep 20 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 9.52 mm | 9.52 mm | 9.52 mm | 9.52 mm | 9.52 mm | 9.52 mm |
Cash burn (monthly) | (no burn) | 345.00 k | 881.33 k | 917.58 k | (no burn) | 799.42 k |
Cash used (since last report) | n/a | 2.06 mm | 5.26 mm | 5.48 mm | n/a | 4.77 mm |
Cash remaining | n/a | 7.46 mm | 4.26 mm | 4.04 mm | n/a | 4.75 mm |
Runway (months of cash) | n/a | 21.6 | 4.8 | 4.4 | n/a | 5.9 |
Institutional ownership, Q3 2023
61.9% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 57 |
Opened positions | 13 |
Closed positions | 8 |
Increased positions | 15 |
Reduced positions | 14 |
13F shares | Current |
---|---|
Total value | 37.03 bn |
Total shares | 27.25 mm |
Total puts | 1.10 k |
Total calls | 36.50 k |
Total put/call ratio | 0.0 |
Largest owners | Shares | Value |
---|---|---|
Integrity Wealth Advisors | 5.82 mm | $17.46 mm |
AWM Investment | 5.75 mm | $11.56 bn |
Manatuck Hill Partners | 2.36 mm | $4.74 bn |
Vanguard | 1.61 mm | $3.25 bn |
Wellington Trust Company, National Association Multiple Common Trust Funds Trust, Micro Cap Equity Portfolio | 1.56 mm | $10.18 mm |
WELLINGTON TRUST Co N A | 1.28 mm | $5.10 mm |
Pacific Ridge Capital Partners | 1.01 mm | $2.03 bn |
Royce & Associates | 841.17 k | $1.69 bn |
Herald Investment Management | 750.00 k | $1.51 bn |
Ranger Investment Management | 726.12 k | $1.46 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
14 Mar 24 | Richard Hoe Osgood III | Common Stock | Grant | Acquire A | No | No | 0 | 30,000 | 0.00 | 497,883 |
14 Mar 24 | Caltha Seymour | Common Stock | Grant | Acquire A | No | No | 0 | 30,000 | 0.00 | 107,500 |
14 Mar 24 | Susan Lee Schmeiser | Common Stock | Grant | Acquire A | No | No | 0 | 30,000 | 0.00 | 107,500 |
14 Mar 24 | Anchin Scott L | Common Stock | Grant | Acquire A | No | No | 0 | 30,000 | 0.00 | 298,152 |
14 Feb 24 | Dennis D Klahn | Common stock | Payment of exercise | Dispose F | No | No | 1.71 | 4,108 | 7.02 k | 37,516 |
12 Feb 24 | Dennis D Klahn | Common stock | Payment of exercise | Dispose F | No | No | 1.81 | 1,369 | 2.48 k | 31,624 |
10 Feb 24 | Dennis D Klahn | Common stock | Payment of exercise | Dispose F | No | No | 1.81 | 1,369 | 2.48 k | 29,660 |
News
12 Information Technology Stocks Moving In Tuesday's After-Market Session
26 Mar 24
Genasys Partners In European Union-Funded Project, AWARE To Revolutionize Public Warning
26 Mar 24
12 Information Technology Stocks Moving In Wednesday's Pre-Market Session
21 Feb 24
Genasys Q1 2024 GAAP EPS $(0.15) Misses $(0.10) Estimate, Sales $4.36M Miss $7.90M Estimate
13 Feb 24
12 Information Technology Stocks Moving In Tuesday's After-Market Session
13 Feb 24
Press releases
Genasys Inc. Reports Fiscal First Quarter 2024 Financial Results
13 Feb 24
Thinking about buying stock in Exscientia, Annexin Pharmaceuticals, U Power, Zevra Therapeutics, or Genasys?
12 Feb 24
Genasys Awarded Critical Infrastructure Project to Engineer, Procure and Build Emergency Warning System for 37 Dams Across the Island of Puerto Rico
12 Feb 24
Los Angeles County Awards 5 Year Contract to Genasys for Evacuation Management Solution
18 Jan 24
iAccess Alpha Tax Loss Recovery Summit 2024 - Buyside Best Ideas January 9th-10th 2024
4 Jan 24