NeoVolta Inc.

NeoVolta Inc. reported a net loss of $5.5 million for Q2 2026, ending December 31, 2025, driven by a loss from operations of $4.5 million. Revenue for the quarter was $4.6 million, with a gross profit of $773 thousand, resulting in a gross margin of 16.8%. Operating expenses totaled $5.2 million, primarily from general and administrative costs of $5.1 million. The company used $4.6 million in cash from operating activities, partially offset by $4.5 million in cash provided by financing activities, including $3.0 million from a private offering and net borrowings of $1.2 million from short-term notes payable. Total assets were $10.1 million, with current assets of $7.8 million, while total liabilities stood at $5.1 million, including $3.7 million in current liabilities. Stockholders' equity was $5.0 million, with an accumulated deficit of $32.6 million. Cash and cash equivalents decreased by $552 thousand to $795 thousand during the quarter.

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