Company: PDEX
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001079973-25-001655
Chunk: 17

Company: PRO DEX INC
Filing Date: 2025-10-30
Form: 10-Q
Item: Item 8
Chunk 17
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COMPANY OVERVIEW

The
following discussion and analysis provides information that management believes is relevant to an assessment and understanding of
the results of operations and financial condition of Pro-Dex, Inc. (“Company,” “Pro-Dex,”
“we,” “our,” or “us”) for the three-month periods ended September 30, 2025 and 2024. This discussion
should be read in conjunction with the condensed consolidated financial statements and the notes thereto included elsewhere
in this report. This report contains certain forward-looking statements and information. The
cautionary statements included herein should be read as being applicable to all related forward-looking statements wherever they may
appear. Our actual future results could differ materially from those discussed herein.

Except
for the historical information contained herein, the matters discussed in this report, including, but not limited to, discussions
of our product development plans, business strategies, strategic opportunities, contract negotiations,
and market factors influencing our results, are forward-looking statements
that involve certain risks and uncertainties. Actual results may differ from those anticipated by us as a result
of various factors, both foreseen and unforeseen, including, but not limited to, our ability
to continue to develop new products and increase sales
in markets characterized by
rapid technological evolution, consolidation within our target marketplace and among our competitors, employee turnover, competition
from larger, better capitalized competitors, and our ability to realize returns on opportunities. Many other economic, competitive,
governmental, and technological factors could impact our
ability to achieve our goals. You are urged to review the risks, uncertainties, and other cautionary language described in this report,
as well as in our other public disclosures and reports filed with the Securities and Exchange
Commission (“SEC”) from time to time, including, but not limited to, the risks, uncertainties, and other cautionary language
discussed in our Annual Report on Form 10-K for our fiscal year ended June 30, 2025.

We
specialize in the design, development, and manufacture of autoclavable, battery-powered and electric, multi-function surgical drivers
and shavers used primarily in the orthopedic, thoracic, and maxocranial facial (“CMF”) markets. We have patented adaptive
torque-limiting software and proprietary sealing solutions which appeal to our customers, primarily medical device distributors. Additionally,
we provide engineering, quality, and regulatory consulting services to our customers. We also manufacture and sell rotary air motors
to a wide range of