0001683168-26-001018
SEC filingNeoVolta 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.
NeoVolta Inc. reported a net loss of $5.5 million for the second quarter of fiscal year 2026, ending December 31, 2025. This loss was primarily driven by a loss from operations of $4.5 million, despite generating $4.6 million in revenue. The company's gross profit was $773 thousand, representing a gross margin of 16.8%. Operating expenses totaled $5.2 million, with general and administrative expenses accounting for $5.1 million of this amount. Other expenses included a loss on debt exchanges of $858 thousand and interest expense of $205 thousand. The weighted average shares outstanding were 35.0 million for both basic and diluted calculations, resulting in a net loss per share of $0 for both measures.
Revenue for the quarter was $4.6 million, derived from contracts with customers. The cost of goods sold was $3.9 million, leading to a gross profit of $773 thousand. No segment breakdown or geographic mix was provided in the filing, limiting analysis of revenue drivers. The document does not disclose prior period revenue figures, preventing quarter-over-quarter or year-over-year growth rate calculations. Revenue generation appears focused on core operations without detailed segmentation in this filing.
The company reported a gross margin of 16.8% for the quarter, calculated from $773 thousand gross profit on $4.6 million revenue. Operating margin was negative 97.8%, reflecting the $4.5 million operating loss relative to revenue. The cost structure shows high general and administrative expenses of $5.1 million, which significantly exceeded gross profit. Research and development expenses were $59 thousand, while depreciation and amortization totaled $108 thousand. No prior period margin data is provided for comparison of trends.
Cash flow from operating activities was negative $4.6 million, primarily due to the $5.5 million net loss adjusted for non-cash items including $3.0 million in stock compensation expense. Investing activities used $500 thousand for asset additions. Financing activities provided $4.5 million, mainly from $3.0 million in private offering proceeds and net borrowings of $1.2 million from short-term notes payable. The balance sheet shows total assets of $10.1 million, including $7.8 million in current assets with $5.3 million in accounts receivable. Total liabilities were $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 decreased by $552 thousand to $795 thousand during the quarter.
The filing does not contain explicit management guidance, strategic priorities, or forward-looking statements regarding future performance. No specific risk factors or outlook commentary is provided in the document content or XBRL data. Investors should monitor subsequent filings for updates on the company's operational trajectory, liquidity position, and strategic initiatives.