Company: PDEX
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0001079973-25-000729
Chunk: 19

Company: PRO DEX INC
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 8
Chunk 19
---
 date of this filing. Other than the amendment to the Amended Credit Agreement discussed further in Note 11, there were
no subsequent events that require disclosure.

17 

ITEM 2.MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

The following discussion
and analysis should be read in conjunction with our unaudited interim condensed consolidated financial statements and the related notes
and other financial information appearing elsewhere in this report. 

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 and nine-month periods ended March 31, 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, 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, our ability to optimize our operations at our Franklin facility, consolidation
within our target marketplace and among our competitors, the impact of tariffs on the cost of our raw materials and purchased components,
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