Genasys Inc. closed a First Amendment to its Loan Agreement with Maran Partners Fund, LP on September 14, 2026. The company repaid $800,000 of the existing $4,300,000 unsecured term loan, reducing the outstanding principal balance to $3,500,000. The amendment extended the maturity date from September 14, 2026, to October 30, 2026, and reduced the advance notice period for optional prepayments from 30 days to three business days. Genasys paid a $92,500 amendment fee at closing. The company operates in the defense technology sector, providing electronic warfare and counter-drone solutions.

Genasys Inc. reported fiscal third quarter 2026 results with revenue of $7.3 million, down from $9.9 million in the prior year period, while gross margin expanded significantly to 57.1% from 26.3%. The company posted a GAAP net loss of ($4.7) million, or ($0.10) per share, compared to a ($6.5) million loss previously. Adjusted EBITDA improved to ($3.1) million from ($4.8) million. Management attributed the revenue decline to timing issues related to supply chain constraints on CROWS II deliveries and delayed payments for the Puerto Rico Dams project, noting that cash collections have since resumed. The company also announced a Third Amendment to its term loan, extending maturity to July 13, 2027, and replacing a balloon payment with $1.0 million monthly amortization starting October 1, 2026. Recent business highlights include a $3.0 million U.S. Army order for mobile mass notification systems and a multi-year contract with Ada County, Idaho. Genasys Inc. operates in the protective communications industry, providing software and hardware solutions for emergency alerting, evacuation management, and public safety.

Genasys Inc. issued a press release announcing preliminary fiscal third quarter 2026 financial results for the period ended June 30, 2026. The company expects total revenue to range between $7.0 and $7.5 million, with gross margins of 55% to 58% and an adjusted EBITDA loss of ($3.0) to ($3.3) million. Backlog exiting the quarter was approximately $69 million. Revenue performance was impacted by resolved supply chain constraints on the CROWS II Technical Refresh program and a temporary pause in the Puerto Rico Dams Early Warning System project pending customer payments, which have since resumed. Management anticipates fiscal fourth quarter revenue recognition for the CROWS order and accelerated work in Puerto Rico, projecting the strongest quarter in company history while maintaining full-year expectations. Genasys Inc. operates in the public safety and defense industry, providing protective communications software and hardware solutions.

Genasys Inc. entered into a Third Amendment to its Term Loan and Security Agreement on July 13, 2026, extending the maturity date of its $15,206,812.50 Closing Date Term Loan to July 13, 2027. The amendment includes a guaranteed minimum return of 20% MOIC, monthly payments of $1 million starting October 1, 2026, and an increased default interest rate of 5% above the applicable rate. Additionally, the company amended its Warrant Agreement to extend the exercise period to May 13, 2030, and reduce the exercise price from $2.53 to $2.28 per share. Genasys Inc. provides software and technology solutions for public safety and public safety technology.

On June 9, 2026, Genasys Inc. entered into an unsecured term loan agreement with Maran Partners Fund, LP for a principal amount of $4.3 million. The loan carries an 18% annual interest rate, with a default rate of 23% per annum. All unpaid principal and interest are due on September 14, 2026. The company paid a $301,000 origination fee at closing and faces an exit fee of either $64,500 or $150,500 depending on the repayment date. Proceeds are designated for working capital and general corporate purposes. Genasys Inc. provides software and technology solutions for emergency management and public safety.