For the Three Months Ended June 30, 2025

(dollars in thousands)

Lighting

Maintenance

EV

Corporate & Other

Total

Product revenue

$

10,435

$

1,501

$

1,576

$

—

$

13,512

Service revenue

2,447

2,496

1,120

—

6,063

Total revenue

12,882

3,997

2,696

—

19,575

Cost of sales - product

7,123

833

866

—

8,822

Cost of sales - service

1,716

2,218

918

—

4,852

Total cost of sales

8,839

3,051

1,784

—

13,674

Gross profit

4,043

946

912

—

5,901

Operating expenses:

General and administrative

1,799

675

918

898

4,290

Sales and marketing

1,908

108

297

103

2,416

Research and development

101

34

19

54

208

Total operating expenses

3,808

817

1,234

1,055

6,914

Operating income (loss)

235

129

(322

)

(1,055

)

(1,013

)

Other income (expense):

Other income

2

Interest expense

(169

)

Amortization of debt issuance cost

(51

)

Other income (expense)

(218

)

Loss before tax

$

(1,231

)

For the Three Months Ended June 30, 2024

(dollars in thousands)

Lighting

Maintenance

EV

Corporate & Other

Total

Product revenue

$

10,077

$

1,001

$

1,689

$

—

$

12,767

Service revenue

2,674

2,323

2,142

—

7,139

Total revenue

12,751

3,324

3,831

—

19,906

Cost of sales - product

7,154

454

933

—

8,541

Cost of sales - service

2,706

2,743

1,617

—

7,066

Total cost of sales

9,860

3,197

2,550

—

15,607

Gross profit

2,891

127

1,281

—

4,299

Operating expenses:

General and administrative

1,673

899

1,139

819

4,530

Sales and marketing

2,276

166

356

139

2,937

Research and development

146

37

18

63

264

Total operating expenses

4,095

1,102

1,513

1,021

7,731

Operating loss

(1,204

)

(975

)

(232

)

(1,021

)

(3,432

)

Other income (expense):

Other income

15

Interest expense

(262

)

Amortization of debt issuance cost

(58

)

Other income (expense)

(305

)

Loss before tax

$

(3,737

)

Depreciation and Amortization

Capital Expenditures

For The Three Months Ended June 30,

For The Three Months Ended June 30,

(dollars in thousands)

2025

2024

2025

2024

Segments:

 Lighting Segment

$

168

$

171

$

51

$

26

 Maintenance Segment

48

104

4

(3

)

 EV Segment

249

250

-

1

Corporate and Other

70

129

-

-

$

535

$

654

$

55

$

24

Total Assets

(dollars in thousands)

June 30, 2025

March 31, 2025

Segments:

 Lighting Segment

$

21,714

$

20,646

 Maintenance Segment

4,627

4,384

 EV Segment

8,326

11,963

Corporate and Other

14,350

15,470

$

49,017

$

52,463