Quarterly report pursuant to Section 13 or 15(d)

Other Related Party Transactions

Other Related Party Transactions
6 Months Ended
Dec. 31, 2019
Related Party Transactions [Abstract]  
Other Related Party Transactions



The Company subleased office and manufacturing space to Epic Boats (an entity founded and controlled by Chris Anthony, a former board member and former Chief Executive Officer) in the facility in Vista, California pursuant to a month-to-month sublease agreement. Pursuant to this agreement, Epic Boats paid Flux Power 10% of facility costs through the end of the Company’s lease agreement which was June 30, 2019.


The Company received $5,000 and $10,000 for the three and six months ended December 31, 2018 from Epic Boats under the sublease rental agreement which is recorded as a reduction to rent expense and customer deposits. No fees were received by the Company from Epic Boats for the three and six months ended December 31, 2019.