CSPI: Revenue up 6% to $58.7M, TS growth offsets HPP decline, net loss narrows to $91K

Revenue grew 6% to $58.7M, led by TS segment gains, while HPP revenue dropped 54% due to fewer large software sales. Gross margin fell to 32%, and the net loss narrowed to $91K. Cash decreased by $3.2M, and the company completed a major pension buy-in and remediated prior internal control weaknesses.

Original document: CSP Inc. [CSPI] SEC 10-K Annual Report — Dec. 16 2025