# EDGAR Filing Document

**Accession Number:** 0000056701
**File Stem:** 0000056701-25-000042
**Filing Date:** 2025-8
**Character Count:** 13502
**Document Hash:** 5eda3dd85dc35d6249ce27c6d3a40a1a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000056701-25-000042.hdr.sgml**: 20250828

**ACCESSION NUMBER**: 0000056701-25-000042

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 14

**CONFORMED PERIOD OF REPORT**: 20250828

**ITEM INFORMATION**: Results of Operations and Financial Condition

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20250828

**DATE AS OF CHANGE**: 20250828

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** KOSS CORP
- **CENTRAL INDEX KEY:** 0000056701
- **STANDARD INDUSTRIAL CLASSIFICATION:** HOUSEHOLD AUDIO & VIDEO EQUIPMENT [3651]
- **ORGANIZATION NAME:** 04 Manufacturing
- **EIN:** 391168275
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-03295
- **FILM NUMBER:** 251274789

**BUSINESS ADDRESS:**
- **STREET 1:** 4129 N PORT WASHINGTON AVE
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53212
- **BUSINESS PHONE:** 4149645000

**MAIL ADDRESS:**
- **STREET 1:** 4129 N PORT WASHINGTON AVE
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53212

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** KOSS ELECTRONICS INC
- **DATE OF NAME CHANGE:** 19721005

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** REK O KUT CO INC
- **DATE OF NAME CHANGE:** 19680124

?xml version='1.0' encoding='ASCII'? koss-20250828x8k

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 8-K**

**CURRENT REPORT**

**PURSUANT TO SECTION 13 or 15(d) OF THE**

**SECURITIES EXCHANGE ACT OF 1934**

Date of Report (Date of earliest event reported): August 28, 2025

**Koss Corporation**

(Exact name of registrant as specified in its charter)

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| | | |
|:---|:---|:---|
| **Delaware** | **0-3295** | **39-1168275** |
| (State or other Jurisdiction of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) |

---

**4129 North Port Washington Avenue, Milwaukee, Wisconsin 53212**

(Address of principal executive offices) (Zip code)

**(414) 964-5000**

(Registrant's telephone number, including area code)

**Not Applicable**

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

    <br>     <br> <u>☐</u> <u>Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</u>

    <br> <u>☐</u> <u>Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</u>

    <br> <u>☐</u> <u>Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</u>

    <br> <u>☐</u> <u>Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</u>

Securities registered pursuant to Section 12(b) of the Act:

‎

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| | | |
|:---|:---|:---|
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
| Common Stock, $0.005 par value per share | KOSS | Nasdaq Capital Market |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

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**Item 2.02&nbsp;&nbsp;&nbsp;&nbsp; Results of Operations and Financial Condition.**

On August 28, 2025, Koss Corporation issued a press release (the "Press Release") announcing its financial results for the quarter and year ended June 30, 2025. A copy of the Press Release is being furnished as Exhibit 99.1 to this Form 8-K and is incorporated herein by reference.

The information in this Item 2.02 Results of Operations and Financial Condition, including Exhibit 99.1 attached hereto, is being furnished pursuant to Item 2.02 of Form 8-K. In accordance with General Instruction B.2 of Form 8-K, the information in this Item 2.02 and Exhibit 99.1 shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended.

**Item 9.01&nbsp;&nbsp;&nbsp;&nbsp; Financial Statements and Exhibits.**

(d) Exhibits

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| | |
|:---|:---|
| **<u>Number</u>** | **<u>Description</u>** |
| Exhibit 99.1 | [<u>Press release of Koss Corporation dated August 28, 2025</u>](koss-20250828xex99_1.htm) |
| Exhibit 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |

---

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**<u>SIGNATURES</u>**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

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| | | |
|:---|:---|:---|
| August 28, 2025 | KOSS CORPORATION | KOSS CORPORATION |
|  | By: | */s/ Michael J. Koss* |
|  |  | Michael J. Koss |
|  |  | Chairman and Chief Executive Officer |

---

## Exhibit 99.1

![Picture 100001](koss-20250828xex99_1g001.jpg)

---

| | | |
|:---|:---|:---|
| **FOR IMMEDIATE RELEASE** | **CONTACT:** | **Michael J. Koss** |
| **August 28, 2025** |  | **Chairman & CEO** |
|  |  | **(414) 964-5000** |
|  |  | **mjkoss@koss.com** |

---

**Koss Corporation Releases Fourth Quarter and Full Year Results**

**Milwaukee, Wisconsin:** Koss Corporation (NASDAQ: KOSS) (the "Company"), the U.S. based high-fidelity headphone company, has reported its results for the fourth quarter and fiscal year ended June 30, 2025.

Sales for the three months ended June 30, 2025 were $3,084,210 compared to $2,893,401 for the same period in the prior year, an increase of $190,809, or 6.6%. The net loss for the fourth quarter of fiscal year 2025 was $232,696 versus a net loss of $110,369 for the same three-month period in the prior fiscal year. Both basic and diluted loss per common share for the quarter ended June 30, 2025 were $0.02, compared to basic and diluted loss per common share of $0.01 for the same quarter one year ago.

"The increase in sales for the quarter was fueled by an approximately 49% increase in sales to our export markets. In fact, sales to our two largest European distributors were up over 100%, mostly led by new product sales. The Direct-to-Consumer ("DTC") market grew approximately 18% compared to the fourth quarter of the prior fiscal year, attributed to new product introductions and higher online traffic from enhanced advertising efforts," Michael J. Koss, Chairman and CEO, said today. "Declines in orders from our domestic distributors, influenced by excess inventory of non-Koss product, and lower e-tailer sales offset some of the growth."

For the year ended June 30, 2025, sales of $12,624,170 were $359,101, or 2.9%, higher than the prior year sales of $12,265,069. A net loss of $874,831 for fiscal year 2025 was slightly lower than the net loss of $950,911 recorded in the prior fiscal year. Both basic and diluted loss per common share for fiscal year 2025 were $0.09 compared to basic and diluted loss per common share of $0.10 for the previous year.

"Our full fiscal year sales saw slight growth over the previous year mainly from improved sales to our European customers, with an assist from higher sales to original equipment manufacturers in our Asian markets and various new customers in the region. Export gains were partially offset by lower sales to our domestic distributors and e-tailers, as well as to the education sector due to a delay in an order awaiting budget approval. An uptick of 16.5% in DTC sales, now nearly a quarter of the Company's sales, also contributed to the overall year over year growth mainly due to the new product launches, increased online advertising and webpage optimizations," Koss said. "A favorable sales mix, along with sales of higher margin new products, yielded an improved gross margin in the current fiscal year. However, we anticipate headwinds from newly imposed tariffs on goods from China that will have an adverse impact on margins as the inventory sells through. We expect freight costs to stabilize next quarter with our dedicated freight partner."

*About Koss Corporation*

Koss Corporation markets a complete line of high-fidelity headphones, wireless Bluetooth® speakers, computer headsets, telecommunications headsets, active noise canceling headphones, and wireless headphones.

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*Forward-Looking Statements*

This press release contains forward-looking statements. These statements relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology such as "anticipates," "believes," "estimates," "expects," "intends," "plans," "may," "will," "should," "could," "would," "shall," "forecasts," "predicts," "potential," "continue," "seeks," "goal," "projects" or the negative of such terms and other comparable terminology. These statements are based on currently available operating, financial and competitive information and are subject to various risks and uncertainties. Actual events or results may differ materially. In evaluating forward-looking statements, you should specifically consider various factors that may cause actual results to vary from those contained in the forward-looking statements, such as continued future fluctuations in economic conditions; the Company's ability to successfully develop new products and assess potential market opportunities; the receptivity of consumers to new consumer electronics technologies; the Company's ability to successfully and profitably market its products; the rate and consumer acceptance of new product introductions; the amount and nature of competition for the Company's products; pricing; the number and nature of customers and their product orders; the Company's ability to meet demand for products; production by third party vendors; foreign manufacturing, sourcing, and sales (including foreign government regulation, trade and importation concerns); uncertainties associated with the pandemics and other health crises or natural disasters, including their possible effects on the Company's operations and its supply chain; trade tensions between the U.S. and China given recently enacted tariffs and their uncertainty; the impact of the ongoing conflict in Eastern Europe and the instability in the Middle East on the Company's operations; the effects of any judicial, executive or legislative action affecting the Company or the audio/video industry; borrowing costs; changes in tax rates; volatility in the price and trading volume of our common stock; the outcome of any litigation, government investigations, enforcement actions or other legal proceedings; the Company's ability to retain and hire key personnel and other risk factors described in the Risk Factors and Management's Discussion and Analysis of Financial Condition and Results of Operations sections in this Form 10-K. The forward-looking statements made herein are only made as of the date of this press release and the Company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances or new information. In addition, such uncertainties and other operational matters are discussed further in the Company's quarterly and annual filings with the Securities and Exchange Commission.

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**KOSS CORPORATION**

**CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS**

&nbsp;&nbsp;&nbsp;&nbsp; **(Unaudited)**

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| | | | | |
|:---|:---|:---|:---|:---|
|  | **Three Months Ended** | **Three Months Ended** | **Twelve Months Ended** | **Twelve Months Ended** |
|  | **June 30,** | **June 30,** | **June 30,** | **June 30,** |
|  | **2025** | **2024** | **2025** | **2024** |
| Net sales | $3084210 | $2893401 | $12624170 | $12265069 |
| Cost of goods sold | 1973166 | 1725607 | 7850572 | 8079622 |
| Gross profit | 1111044 | 1167794 | 4773598 | 4185447 |
| &nbsp;&nbsp; Selling, general and administrative expenses | 1550243 | 1485557 | 6510721 | 6057606 |
| &nbsp;&nbsp;&nbsp;&nbsp; Loss from operations | (439199) | (317763) | (1737123) | (1872159) |
| &nbsp;&nbsp; Interest income | 212555 | 211162 | 879774 | 847644 |
| &nbsp;&nbsp;&nbsp;&nbsp; Loss before income tax provision (benefit) | (226644) | (106601) | (857349) | (1024515) |
| Income tax provision (benefit) | 6052 | 3768 | 17482 | (73604) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net loss | $(232696) | $(110369) | $(874831) | $(950911) |
| Loss per common share: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Basic | $(0.02) | $(0.01) | $(0.09) | $(0.10) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Diluted | $(0.02) | $(0.01) | $(0.09) | $(0.10) |
| Weighted-average number of shares: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Basic | 9390855 | 9274987 | 9363117 | 9251373 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Diluted | 9390855 | 9274987 | 9363117 | 9251373 |

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