Item 2.02 Results of Operations and Financial Condition.

On February 14, 2023, Allied Healthcare Products, Inc. (the "Company" or "Allied") filed Form 12b-25 Notification of Inability to Timely File its Quarterly Report on Form 10-Q for the quarter ended December 31, 2022. In the form 12b-25, Allied disclosed the following information regarding the results of operations and financial condition of the Company:

The Company experienced a loss of $1.0 million before taxes for the quarter, compared to a loss of $1.2 million before taxes for the same period of fiscal year 2022. For the six months ended December 31, 2022 the Company experienced a loss of $2.6 million before taxes, compared to $2.1 million before taxes for the same period in fiscal year 2022.

Net sales for the quarter of $6.2 million were $0.6 million or 8.8% lower than the comparable quarter in fiscal 2022. Domestically, sales decreased by $0.4 million while international sales, which represented 23.7% of the quarter's sales, were $0.2 million lower. Sales for the quarter continued to be negatively impacted by delays in obtaining inputs, production delays, and a staffing shortage in our manufacturing operation.

Net sales for the six months ended December 31, 2022 of $11.4 million were $2.8 million or 19.7% lower than the same period in fiscal 2022. Domestically, sales decreased by $2.3 million, while international sales, which represented 23.1% of the period sales, were $0.5 million lower.

During the six months ended December 31, 2022 the Company used $1.6 million of cash in operating activities.

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