Flux Power Holdings, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

STOCKHOLDERS??? EQUITY (Details Narrative)

STOCKHOLDERS’ EQUITY (Details Narrative) - USD ($)								1 Months Ended				3 Months Ended		6 Months Ended			9 Months Ended			12 Months Ended			34 Months Ended
STOCKHOLDERS’ EQUITY (Details Narrative) - USD ($)	Apr. 18, 2024	Mar. 28, 2024	Apr. 20, 2023	Mar. 06, 2023	Oct. 29, 2021	Sep. 27, 2021	Apr. 29, 2021	Nov. 30, 2023	Jun. 30, 2022	May 31, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2022	Oct. 05, 2023	Nov. 02, 2023	Oct. 31, 2022	Dec. 21, 2020	Feb. 17, 2015
Proceeds from issuance of common stock													$ 1,602,000			$ 1,602,000		$ 697,000	$ 1,602,000		$ 1,556,000	$ 1,602,000
Fair Value adjustment of warrants																	$ 0
Number of shares, granted																				68,228	72,566	250,786
Intrinsic value of the outstanding options
Intrinsic value of the outstanding exercisable									$ 15,752												$ 2,700	$ 15,752
Weighted-average remaining recognition period																				7 years 11 months 15 days	7 years 4 months 24 days	5 years 7 months 28 days
Restricted Stock Units (RSUs) [Member]
Stock based compensation expenses related to RSUs outstanding not yet recognition																				$ 319,000
Weighted-average remaining recognition period																				5 months 8 days
Share-Based Payment Arrangement, Option [Member]
Stock based compensation expenses related to RSUs outstanding not yet recognition																				$ 2,282,000
Weighted-average remaining recognition period																				1 year 7 months 6 days
2014 Equity Incentive Plan [Member]
Common stock available for future grants																				89,922
2014 Equity Incentive Plan [Member] \| Maximum [Member]
Number of authorized issuance of common stock options																											1,000,000
2021 Equity Incentive Plan [Member]
Number of authorized issuance of common stock options							2,000,000
Common stock available for future grants																				777,551
2014 and 2021 Equity Incentive Plan [Member]
Number of authorized issuance of common stock options																									624,441
2014 Plan [Member] \| Time-based RSU [Member]
Restricted stock award granted					48,914		18,312
2014 Plan [Member] \| Performance-based RSU [Member]
Restricted stock award granted					48,914
Employee Stock Purchase Plan [Member]
Share price per share		$ 3.30
Common stock available for future grants																				312,457
Grant of options, shares				350,000
Employee stock purchase plan, description				(i) has been employed by the Company or a Participating Subsidiary for at least 90 days and (ii) is customarily employed for at least twenty (20) hours per week and more than five (5) months in any calendar year. Each eligible employee may authorize payroll deductions of 1-15% of the eligible employee’s compensation on each pay day to be used to purchase up to 1,500 shares of Common Stock for the employee’s account occurring during an offering period. The 2023 ESPP has a term of ten (10) years commencing on April 20, 2023, the date of approval by the Company’s stockholders, unless otherwise earlier terminated.
Stock issued, shares employee stock purchase plans		37,543
Employee stock purchase plan, percentage		85.00%
2023 Subordinated LOC [Member]
Purchase of common stock, shares								41,196																41,196
Exercise price per share								$ 3.24																$ 3.24
Warrants term								5 years																5 years
Fair Value adjustment of warrants								$ 92,000
Lenders [Member]
Purchase of common stock, shares									40,806	128,000												40,806
Exercise price per share									$ 2.23	$ 2.53												$ 2.23
Warrants term									12 years	5 years												12 years
Fair Value adjustment of warrants									$ 80,000	$ 173,000
Executive Officers [Member] \| 2014 Plan [Member] \| Restricted Stock Units (RSUs) [Member]
Restricted stock award granted					97,828
Employees [Member] \| 2014 Plan [Member] \| Time-based RSU [Member]
Restricted stock award granted					81,786
Four Non Executive Directors [Member] \| 2014 Plan and 2021 Plan [Member] \| Time-based RSU [Member]
Number of shares, granted	68,228		57,532
Investors [Member]
Purchase of common stock, shares											1,071,430		1,071,430
Exercise price per share											$ 7.00		$ 7.00
Warrants term											5 years		5 years
Fair Value adjustment of warrants											$ 3,874,000
Beneficial ownership percentage											4.99%		4.99%
ATM Offering [Member]
Sale of common stock, shares																							1,524,873
Sale of stock per share																							$ 10.45
Proceeds from issuance of offering																							$ 15,900,000
Proceeds from issuance of common stock																							$ 15,300,000
Registered Direct Offering [Member]
Sale of common stock, shares						2,142,860
Purchase of common stock, shares						1,071,430
Share price per share						$ 7.00
Proceeds from issuance of warrants						$ 15,000,000.0
Deferred offering costs						$ 1,000,000.0
Exercise price per share						$ 7.00
H.C. Wainwright & Co., LLC [Member]
Share issued price per share																										$ 0.001