LSI INDUSTRIES INC (LYTS)

Company response: We acknowledge your comment and direction and recognize that smaller reporting company scaled disclosure alternatives were not applicable to our Form 10-K. The third year financial statement information is publicly available in our prior year Form 10-K and we confirm there have been no changes to that information. We will include three years of financial statements in our upcoming Form 10-K for the fiscal year ended June 30, 2026 in compliance with Rules 3-01 and 3-02 of Regulation S-X. response letter →

Company response: We acknowledge your comment regarding our compliance with the disclosure requirements of ASC 280-10-50-26A through 26C as it relates Note 4 – Segment Reporting. The CODM does not review disaggregated segment-level expenses beyond the amounts disclosed, but does review significant expenses at the consolidated level. The CODM delegates to segment leaders and function executives the responsibility of managing expenses. The Company will revise future disclosures to state the CODM does review expenses on a consolidated basis consistent with the categories of expenses on the consolidated statement of operations. The revised footnote disclosure will provide visibility of the consolidated expenses… response letter →