Mobix Labs (MOBX) Registration filing summary

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 acquisitions, recently acquiring EMI Solutions and RaGE Systems, and has agreements to acquire Vision Aerial and Special Project Delivery.

• Launched the National Security Matters (NSM) Initiative to focus on U.S. national security priorities and intends to rebrand as NSM Labs, Inc.

• Holds a significant IP portfolio of patents and trade secrets, targeting large, growing markets with high-performance communication needs.

• Major customers include defense and aerospace organizations, with a substantial portion of revenue from a single customer.

Financial performance and metrics

• For the year ended September 30, 2025: net revenue $9.9M, net loss $46.1M, negative cash flow from operations $10.1M.

• For the nine months ended June 30, 2026: net revenue $3.6M, net loss $32.8M, negative cash flow from operations $14.7M.

• As of June 30, 2026: cash balance $2.1M, working capital deficit $16.1M, accumulated deficit $183.4M.

• Substantial doubt exists about ability to continue as a going concern; ongoing need for additional capital.

• Revenue decline in 2026 due to lower product and services sales, with cost reductions in R&D and SG&A.

Use of proceeds and capital allocation

• Will not receive proceeds from resale of registered shares; may receive up to $6M if August 2026 Preferred Warrant is exercised.

• Any proceeds from warrant exercise will be used for working capital and general corporate purposes.

• Recent capital raises include convertible notes, preferred stock, and public offerings; proceeds used for operations and acquisitions.