Certain statements and information in this Quarterly Report on Form 10-Q for the quarter ended December 31, 2025 (the“Quarterly Report”) may constitute“forward-looking statements”* within the meaning of Section 27A of the Securities Act of 1933, as amended (the*“Securities Act”), Section 21E of the Securities Exchange Act of 1934, as amended (the“Exchange Act”), and the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by terminology such as“may,”* “will,” “should,” “expect,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” or*“continue,”* or other comparable terminology. These forward-looking statements include, without limitation, statements regarding:*
| ● | our intentions regarding the use of our earnings generated by our subsidiaries; |
| ● | our belief that our acquisitions will align with our overall strategy; |
| ● | our expectations regarding market growth potential and market conditions, including in international markets; |
| ● | our belief that our product groups are aligned with our strategic direction, as well as our ability to focus on higher margin products; |
| ● | our ability to remain competitive through differentiating technology; |
| ● | the impact of trade actions on our operations and financial condition; |
| ● | our ability to successfully create a sustainable annuity revenue stream; |
| ● | our expectation that our existing contracts will be renewed in future quarters; |
| ● | our expectations regarding the performance and demand of our products; |
| ● | our anticipated timing for our ability to deliver hardware during fiscal 2026; and |
| ● | any other statements regarding our plans, opinions, expectations, beliefs, objectives, assumptions or projections regarding future events or future results and underlying assumptions and other statements, which are not statements of historical facts. |
These forward-looking statements are based largely on our current expectations and assumptions and are subject to a number of risks and uncertainties, many of which are beyond our control. While management believes that these forward-looking statements are reasonable as and when made, there can be no assurance that future developments affecting us will be those that we anticipate. These statements are subject to many risks, uncertainties, and other important factors that could cause actual future results to differ materially from those expressed in the forward-looking statements including, but not limited to, the impact of tariffs and other governmental trade restrictions, our ability to obtain needed raw materials and components from our suppliers; general economic uncertainty in key global markets and a worsening of global economic conditions or low levels of economic growth; geopolitical tensions, the Russian-Ukraine conflict, and the Hamas/Israel war; the effects of steps that we could take to reduce operating costs; rising inflation and increased interest rates, which diminish capital market cash flow and borrowing power; our inability to sustain profitable sales growth, convert inventory to cash, or reduce our costs to maintain competitive prices for our products; circumstances or developments that may make us unable to implement or realize the anticipated benefits, or that may increase the costs, of our current and planned business initiatives; and those factors detailed by us in our public filings with the Securities and Exchange Commission (the“SEC”), including in Item 1A, Risk Factors, in our Annual Report on Form 10-K for the year ended June 30, 2025. In light of these risks and uncertainties, all of the forward-looking statements made herein are qualified by these cautionary statements and there can be no assurance that the actual results or developments anticipated by us will be realized. We undertake no obligation to update or revise any of the forward-looking statements contained herein.
