POCI on Nasdaq
PRECISION OPTICS CORPORATION, INC.
American electromedical and electrotherapeutic apparatus company. Summary from the record
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Last updated Oct 19, 2026.
Overview
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Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2026
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Systems Manufacturing brought in 72% of the revenue PRECISION OPTICS CORPORATION, INC. broke down this way in fiscal 2026.
Products and services by year
| Products and services | 2025 | 2026 |
|---|---|---|
| Systems Manufacturing | $8.3M | $22.6M |
| Ross Optical Industries | $3.7M | $4.9M |
| Engineering Design Services | $4.9M | $3.5M |
| Micro Optics Lab | $2.1M | $519.5K |
Where the money goes
Where each dollar of revenue went, fiscal 2026
- Cost of revenue74¢$26.1M
- Research and development3¢$1.0M
- Selling, general and admin23¢$7.9M
- Income tax0¢$5.0K
Out of $31.5M in revenue.2 The company lost money this year.
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.2
| Period ending | 2026-06-30 | 2025-06-30 |
|---|---|---|
| Revenues | $31.5M | $19.1M |
| Cost of goods sold | $26.1M | $15.7M |
| Gross profit | $5.4M | $3.4M |
| Research and development expenses, net | $1.0M | $1.2M |
| Selling, general and administrative expenses | $7.9M | $7.8M |
| Total operating expenses | $8.9M | $9.0M |
| Operating loss | -$3.5M | -$5.6M |
| Interest expense | -$148.1K | -$227.0K |
| Interest income | $31.8K | $0 |
| Loss before provision for income taxes | -$3.6M | -$5.8M |
| Provision for income taxes | $5.0K | $1.9K |
| Net loss | -$3.6M | -$5.8M |
| Loss per share: Basic | -$0.43 | -$0.85 |
| Loss per share: fully diluted | -$0.43 | -$0.85 |
| Weighted average common shares outstanding: Basic | 8.5M shares | 6.8M shares |
| Weighted average common shares outstanding: fully diluted | 8.5M shares | 6.8M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.2
| Period ending | 2026-06-30 | 2025-06-30 | 2024-06-30 |
|---|---|---|---|
| Cash and cash equivalents | $9.8M | $1.8M | |
| Accounts receivable, net of allowance for credit losses of $108,220 at June 30, 2026 and $80,192 at June 30, 2025 | $5.9M | $4.3M | |
| Inventories, net | $3.8M | $3.6M | |
| Prepaid expenses | $494.5K | $385.4K | |
| Total current assets | $20.1M | $10.1M | |
| Machinery and equipment | $3.4M | $3.4M | |
| Leasehold improvements | $1.2M | $871.4K | |
| Furniture and fixtures | $645.0K | $538.4K | |
| Total fixed assets | $5.3M | $4.8M | |
| LessAccumulated depreciation and amortization | $4.4M | $4.3M | |
| Net fixed assets | $887.7K | $533.8K | |
| Operating lease right-of-use asset | $2.3M | $141.8K | |
| Patents, net | $212.9K | $232.5K | |
| Goodwill | $8.8M | $8.8M | |
| Total other assets | $11.3M | $9.2M | |
| TOTAL ASSETS | $32.3M | $19.8M | |
| Current portion of capital lease obligation | $0 | $27.4K | |
| Current maturities of long-term debt | $577.9K | $577.9K | |
| Accounts payable | $3.6M | $2.9M | |
| Customer advances | $2.5M | $1.8M | $1.2M |
| Accrued compensation and other | $1.8M | $764.0K | |
| Current portion of operating lease liabilities | $325.5K | $51.0K | |
| Total current liabilities | $8.8M | $6.2M | |
| Long-term debt, net of current maturities | $711.3K | $1.3M | |
| Operating lease liability, net of current portion | $2.4M | $91.0K | |
| Total liabilities | $12.0M | $7.5M | |
| Common stock, $0.01 par value: 50,000,000 shares authorized; issued and outstanding 10,972,792 shares at June 30, 2026 and 7,714,701 shares at June 30, 2025 | $109.7K | $77.1K | |
| Additional paid-in capital | $80.8M | $69.2M | |
| Accumulated deficit | -$60.6M | -$57.0M | |
| Total stockholders equity | $20.3M | $12.3M | $10.1M |
| TOTAL LIABILITIES AND STOCKHOLDERS EQUITY | $32.3M | $19.8M | |
| Allowance for credit losses | $108.2K | $80.2K | $118.9K |
| Common stock, par value | $0.01 | $0.01 | |
| Common stock, shares authorized | 50.0M shares | 50.0M shares | |
| Common stock, shares issued | 11.0M shares | 7.7M shares | |
| Common stock, shares outstanding | 11.0M shares | 7.7M shares |
| Period ending | 2026-06-30 | 2025-06-30 | 2024-06-30 |
|---|---|---|---|
| Cash and cash equivalents | $9.8M | $1.8M | |
| Accounts receivable, net of allowance for credit losses of $108,220 at June 30, 2026 and $80,192 at June 30, 2025 | $5.9M | $4.3M | |
| Inventories, net | $3.8M | $3.6M | |
| Prepaid expenses | $494.5K | $385.4K | |
| Total current assets | $20.1M | $10.1M | |
| Machinery and equipment | $3.4M | $3.4M | |
| Leasehold improvements | $1.2M | $871.4K | |
| Furniture and fixtures | $645.0K | $538.4K | |
| Total fixed assets | $5.3M | $4.8M | |
| LessAccumulated depreciation and amortization | $4.4M | $4.3M | |
| Net fixed assets | $887.7K | $533.8K | |
| Operating lease right-of-use asset | $2.3M | $141.8K | |
| Patents, net | $212.9K | $232.5K | |
| Goodwill | $8.8M | $8.8M | |
| Total other assets | $11.3M | $9.2M | |
| TOTAL ASSETS | $32.3M | $19.8M | |
| Current portion of capital lease obligation | $0 | $27.4K | |
| Current maturities of long-term debt | $577.9K | $577.9K | |
| Accounts payable | $3.6M | $2.9M | |
| Customer advances | $2.5M | $1.8M | $1.2M |
| Accrued compensation and other | $1.8M | $764.0K | |
| Current portion of operating lease liabilities | $325.5K | $51.0K | |
| Total current liabilities | $8.8M | $6.2M | |
| Long-term debt, net of current maturities | $711.3K | $1.3M | |
| Operating lease liability, net of current portion | $2.4M | $91.0K | |
| Total liabilities | $12.0M | $7.5M | |
| Common stock, $0.01 par value: 50,000,000 shares authorized; issued and outstanding 10,972,792 shares at June 30, 2026 and 7,714,701 shares at June 30, 2025 | $109.7K | $77.1K | |
| Additional paid-in capital | $80.8M | $69.2M | |
| Accumulated deficit | -$60.6M | -$57.0M | |
| Total stockholders equity | $20.3M | $12.3M | $10.1M |
| TOTAL LIABILITIES AND STOCKHOLDERS EQUITY | $32.3M | $19.8M | |
| Allowance for credit losses | $108.2K | $80.2K | $118.9K |
| Common stock, par value | $0.01 | $0.01 | |
| Common stock, shares authorized | 50.0M shares | 50.0M shares | |
| Common stock, shares issued | 11.0M shares | 7.7M shares | |
| Common stock, shares outstanding | 11.0M shares | 7.7M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.2
| Period ending | 2026-06-30 | 2025-06-30 |
|---|---|---|
| Net loss | -$3.6M | -$5.8M |
| Depreciation and amortization | $279.3K | $212.4K |
| Stock-based compensation expense | $1.1M | $1.6M |
| Non-cash legal expense | $0 | $34.9K |
| Non-cash interest expense | $18.4K | $11.6K |
| Non-cash operating lease expense | $252.3K | $124 |
| Loss on disposal of fixed assets | $34.5K | $0 |
| Accounts receivable, net | -$1.6M | -$791.2K |
| Inventories | -$267.3K | -$694.0K |
| Prepaid expenses | -$109.1K | -$86.0K |
| Accounts payable | $673.6K | $1.5M |
| Contract liabilities | $676.6K | $649.6K |
| Accrued compensation and other | $989.4K | -$76.7K |
| Net cash used in operating activities | -$1.6M | -$3.4M |
| Additional patent costs | -$5.6K | -$6.3K |
| Proceeds from sale of fixed assets | $3.0K | $0 |
| Purchases of property and equipment | -$426.8K | -$227.2K |
| Net cash used in investing activities | -$429.4K | -$233.5K |
| Payment of capital lease obligations | -$27.4K | -$41.1K |
| Principal payments of long-term debt | -$596.3K | -$280.4K |
| Payment of debt issuance costs | $0 | -$40.0K |
| Repayments on line of credit | $0 | -$1.0M |
| Gross proceeds from registered direct offerings of common stock | $0 | $6.3M |
| Proceeds from public offering of common stock, net | $10.6M | $0 |
| Gross proceeds from exercise of stock options | $40.0K | $89.0K |
| Net cash provided by financing activities | $10.0M | $5.0M |
| Net increase in cash and cash equivalents | $8.1M | $1.4M |
| Cash paid during the year for income taxes | $2.6K | $1.9K |
| Cash paid during the year for interest | $129.7K | $216.5K |
| Leasehold improvements financed by landlord | $218.8K | $0 |
| Issuance of common stock for consulting and employee services | $100.5K | $151.7K |
| Stock based compensation for employee services included in accrued compensation and other | $90.0K | $0 |
| Operating right-of-use assets obtained in exchange for operating lease liabilities | $2.6M | $133.7K |
No quarter-by-quarter statement was filed.
Compare PRECISION OPTICS CORPORATION, INC. with another company
Leadership
Who has led PRECISION OPTICS CORPORATION, INC., and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
Chief operating officer
- Chief executive officerJoseph Norman Forkey Oct 25, 2011 to now12
- Chief executive officerRichard E. Forkey May 11, 2006 to May 11, 200613
- PresidentRichard E. Forkey May 11, 2006 to May 11, 200613
- Chief financial officerEdward Kevin Dahill Jan 13, 2023 to Jan 13, 202314
- Chief financial officerWayne M. Coll Jun 15, 2023 to now15
- Chief financial officerDaniel S. Habhegger Dec 4, 2019 to Dec 29, 202216
- Chief financial officerDonald Andrew Major Jun 22, 2016 to Aug 6, 201817
- Chief financial officerJack P. Dreimiller Aug 25, 2008 to Jun 22, 201618
- Chief financial officerR. Michael Arbon May 11, 2006 to May 11, 200619
- Chief financial officerMichael Thaddeus Pieniazek Sep 19, 2006 to Sep 19, 200620
- Chief operating officerJoseph Traut Nov 12, 2025 to now21
- Chief operating officerMahesh Lawande May 9, 2023 to Mar 21, 202522
Board members and other officers (17)
- Senior VP - Sales & MarketingPeter Richard Thier Aug 27, 2026 to now23
- VP of Sales and MarketingJeffrey Dirubio May 21, 2019 to Feb 8, 202224
- Pres., Ross Optical DivisionDivaker Mangadu Jul 8, 2019 to Jun 9, 202125
- EVP, Corp. DevelopmentDonald Andrew Major Feb 10, 2012 to May 20, 201526
- Chief Scientific OfficerJoseph Norman Forkey Apr 24, 2006 to May 11, 200627
- Board memberBuell Duncan Mar 10, 2025 to now28
- Board memberJoseph P. Pellegrino Jr. Mar 21, 2025 to now29
- Board memberDaniel S. Habhegger Dec 29, 2022 to Dec 29, 202230
- Board memberPeter Anania V. Oct 19, 2021 to Nov 22, 202431
- Board memberAndrew Miclot Mar 14, 2016 to now32
- Board memberPeter H. Woodward Jul 16, 2014 to now33
- Board memberDonald Andrew Major Apr 17, 2006 to May 20, 201534
- Board memberJoel Pitlor Apr 17, 2006 to May 20, 201535
- Board memberRichard B. Miles Apr 17, 2006 to Nov 20, 202436
- Board memberJoseph Norman Forkey Apr 24, 2006 to now27
- Board memberRichard E. Forkey May 11, 2006 to Oct 1, 201213
- Board memberEdward A. Benjamin Nov 30, 2006 to Nov 30, 200637
Former names
Timeline
Filings
186 filings to the SEC since October 2021: 8 annual reports, 15 quarterly reports, 28 major events, 74 insider forms, 12 large holders, 1 private raises, 48 other. The latest 20:
- Oct 6, 20264/A EDGAR
- Oct 2, 20264 EDGAR
- Sep 28, 20268-K CURRENT REPORT EDGAR
- Sep 28, 202610-K FORM 10-K FOR JUNE 2026 EDGAR
- Sep 24, 20264 EDGAR
- Sep 24, 20264 EDGAR
- Sep 24, 20264 EDGAR
- Aug 27, 20264 EDGAR
- Aug 27, 20263 EDGAR
- Aug 13, 20264 EDGAR
- May 14, 2026SCHEDULE 13G/A EDGAR
- May 13, 202610-Q FORM 10-Q FOR MAR 2026 EDGAR
- May 6, 20263 EDGAR
- Apr 6, 20263 EDGAR
- Apr 2, 20264 EDGAR
- Apr 1, 20264 EDGAR
- Apr 1, 20264 EDGAR
- Apr 1, 20264 EDGAR
- Mar 31, 2026SCHEDULE 13D/A EDGAR
- Mar 30, 20268-K EDGAR
The 186 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
10 open-market trades by officers, directors and large owners since October 2021: 9 buys and 1 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Mar 30, 2026 | COLL WAYNE MChief Financial Officer | Buy | 20,833 | $3.60 | $75.0K | Form 4 |
| Mar 30, 2026 | TRAUT JOSEPHChief Operating Officer | Buy | 41,666 | $3.60 | $150.0K | Form 4 |
| Mar 30, 2026 | Forkey Joseph NormanChief Executive Officer | Buy | 1,388 | $3.60 | $5.0K | Form 4 |
| Nov 20, 2024 | Anania Peter V.Director | Sale | 14,400 | $5.00 | $72.0K | Form 4 |
| Aug 15, 2024 | Lawande MaheshChief Operating Officer | Buy | 1,726 | $9,993.54 | $17.2M | Form 4 |
| Aug 15, 2024 | COLL WAYNE MChief Financial Officer | Buy | 4,317 | $24,995.43 | $107.9M | Form 4 |
| Aug 15, 2024 | Forkey Joseph NormanChief Executive Officer | Buy | 1,725 | $9,987.75 | $17.2M | Form 4 |
| Nov 30, 2022 | Anania Peter V.Director | Buy | 332 | $6.00 | $2.0K | Form 4 |
| Oct 31, 2022 | Pessin Brian L.10% owner | Buy | 79,300 | $1.91 | $151.5K | Form 4 |
| Oct 4, 2021 | DiRubio JeffreyVP of Sales and Marketing | Buy | 12,500 | $1.60 | $20.0K | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- NEEDHAM INVESTMENT MANAGEMENT LLCSCHEDULE 13G/A, 4 filings May 17, 2024 to May 14, 202638
- Norman H. PessinSCHEDULE 13D/A, 4 filings Oct 6, 2021 to Mar 31, 202639
- Richard E. TellerSCHEDULE 13G/A, 2 filings Nov 14, 2025 to Nov 21, 202540
- Peter Anania V.SC 13D, 1 filing Apr 17, 202341
- DOLPHIN OFFSHORE PARTNERS LPSC 13D/A, 1 filing Mar 20, 202342
Money raised
Private offerings the company reported to the SEC on Form D.
- Jun 20, 2023Raised $2.5 million in a private offering of equity Form D: 8 investors so far Form D
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 31. Change is in shares since the quarter before.
13F reports cover disclosed long positions in U.S. stocks only.
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 28SEC EDGARBuell Duncan, Board member
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- 30SEC EDGARDaniel S. Habhegger, Board member
- 31SEC EDGARPeter Anania V., Board member
- 32SEC EDGARAndrew Miclot, Board member
- 33SEC EDGARPeter H. Woodward, Board member
- 34SEC EDGARDonald Andrew Major, Board member
- 35SEC EDGARJoel Pitlor, Board member
- 36SEC EDGARRichard B. Miles, Board member
- 37SEC EDGAREdward A. Benjamin, Board member
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