Mobix Labs (MOBX) investor relations material

Company overview and business model

• Designs and sells advanced wireless and wired connectivity, RF, and EMI filtering technologies for defense, aerospace, commercial, industrial, and medical markets.

• Pursues growth through strategic acquisitions, including EMI Solutions and RaGE Systems, expanding into new markets and enhancing product offerings.

• Maintains a diversified business model serving both commercial and government customers, reducing dependence on any single market.

• Holds an extensive IP portfolio of patents and trade secrets, supporting innovation in mmWave, 5G, and EMI filtering.

• Manufactures most interconnect products in-house, with some reliance on contract manufacturers and third-party wafer fabrication for ICs.

Financial performance and metrics

• Reported net revenue of $9.9M for FY2025, up from $6.4M in FY2024, driven by acquisitions and expanded service revenues.

• Operating losses were $37.7M in FY2025 and $46.4M in FY2024; accumulated deficit reached $160.7M as of December 31, 2025.

• Cash balance was $268K at December 31, 2025, with a working capital deficit of $22.4M.

• Significant reliance on a few customers, with one accounting for 50% of FY2025 revenues.

• Ongoing negative cash flows from operations and substantial doubt about ability to continue as a going concern.

Use of proceeds and capital allocation

• Net proceeds from the March 2026 convertible note are allocated to working capital and general corporate purposes.

• Proceeds from recent equity and debt financings used to satisfy debt, fund operations, and support growth initiatives.

• No proceeds from the resale of shares by the selling stockholder; company bears registration costs.