Aeluma Provides Third Quarter of Fiscal Year 2025 Results
Aeluma (NASDAQ:ALMU) reported strong Q3 FY2025 financial results, with revenue reaching $1.3 million, a 265% increase from the same quarter last year. The company achieved net income of $1.5 million ($0.12 per basic share), compared to a net loss of $963,000 in Q3 FY2024.
Key highlights include a successful NASDAQ uplisting and an oversubscribed public offering raising $13.8 million, bringing total fiscal year capital raised to nearly $17 million. The company strengthened its board with former NVIDIA finance leader Mike Byron and secured a U.S. Department of Energy contract for photodetector development. Aeluma maintains its FY2025 revenue guidance of $4.4-4.6 million and ended Q3 with $15.9 million in cash.
The semiconductor company continues to expand its presence in AI, defense, quantum computing, and automotive markets, while participating in key industry initiatives like the National Semiconductor Technology Center (NSTC).
Aeluma (NASDAQ:ALMU) ha riportato solidi risultati finanziari del terzo trimestre dell'anno fiscale 2025, con ricavi pari a 1,3 milioni di dollari, un aumento del 265% rispetto allo stesso trimestre dell'anno precedente. L'azienda ha registrato un utile netto di 1,5 milioni di dollari (0,12 dollari per azione base), rispetto a una perdita netta di 963.000 dollari nel terzo trimestre dell'anno fiscale 2024.
I principali risultati includono un successo nella quotazione al NASDAQ e un'offerta pubblica sovraccollocata che ha raccolto 13,8 milioni di dollari, portando il capitale raccolto nell'anno fiscale a quasi 17 milioni di dollari. L'azienda ha rafforzato il consiglio di amministrazione con l'ex responsabile finanziario di NVIDIA, Mike Byron, e ha ottenuto un contratto dal Dipartimento dell'Energia degli Stati Uniti per lo sviluppo di fotodiodi. Aeluma conferma la sua previsione di ricavi per l'anno fiscale 2025 tra 4,4 e 4,6 milioni di dollari e ha chiuso il terzo trimestre con 15,9 milioni di dollari in contanti.
La società nel settore dei semiconduttori continua ad espandere la sua presenza nei mercati dell'IA, della difesa, del calcolo quantistico e dell'automotive, partecipando a iniziative chiave del settore come il National Semiconductor Technology Center (NSTC).
Aeluma (NASDAQ:ALMU) reportó sólidos resultados financieros del tercer trimestre del año fiscal 2025, con ingresos que alcanzaron 1,3 millones de dólares, un aumento del 265% respecto al mismo trimestre del año anterior. La compañía logró un ingreso neto de 1,5 millones de dólares (0,12 dólares por acción básica), en comparación con una pérdida neta de 963,000 dólares en el tercer trimestre del año fiscal 2024.
Los aspectos destacados incluyen una exitosa subida al NASDAQ y una oferta pública sobresuscrita que recaudó 13,8 millones de dólares, elevando el capital recaudado en el año fiscal a casi 17 millones de dólares. La empresa fortaleció su junta con el ex líder financiero de NVIDIA, Mike Byron, y aseguró un contrato del Departamento de Energía de EE. UU. para el desarrollo de fotodetectores. Aeluma mantiene su pronóstico de ingresos para el año fiscal 2025 entre 4,4 y 4,6 millones de dólares y cerró el tercer trimestre con 15,9 millones de dólares en efectivo.
La empresa de semiconductores continúa ampliando su presencia en los mercados de IA, defensa, computación cuántica y automotriz, mientras participa en iniciativas clave de la industria como el National Semiconductor Technology Center (NSTC).
Aeluma (NASDAQ:ALMU)는 2025 회계연도 3분기 강력한 재무 실적을 발표했으며, 매출은 130만 달러로 전년 동기 대비 265% 증가했습니다. 회사는 150만 달러의 순이익(기본 주당 0.12달러)을 달성했으며, 이는 2024 회계연도 3분기의 96만 3천 달러 순손실에서 크게 개선된 수치입니다.
주요 성과로는 NASDAQ 상장 승격과 1,380만 달러의 초과 청약 공모가 포함되며, 이를 통해 올해 회계연도 자본 조달 총액은 거의 1,700만 달러에 달했습니다. 회사는 전 NVIDIA 재무 책임자인 Mike Byron을 이사회에 영입했고, 미국 에너지부와 광검출기 개발 계약을 체결했습니다. Aeluma는 2025 회계연도 매출 전망을 440만~460만 달러로 유지하며, 3분기 말 현금은 1,590만 달러를 보유했습니다.
이 반도체 회사는 AI, 국방, 양자 컴퓨팅, 자동차 시장에서 입지를 계속 확장하고 있으며, National Semiconductor Technology Center (NSTC)와 같은 주요 산업 이니셔티브에도 참여하고 있습니다.
Aeluma (NASDAQ:ALMU) a annoncé de solides résultats financiers pour le troisième trimestre de l'exercice 2025, avec un chiffre d'affaires atteignant 1,3 million de dollars, soit une augmentation de 265 % par rapport au même trimestre de l'année précédente. La société a réalisé un bénéfice net de 1,5 million de dollars (0,12 dollar par action de base), contre une perte nette de 963 000 dollars au troisième trimestre de l'exercice 2024.
Les points forts incluent une intégration réussie au NASDAQ et une offre publique sursouscrite ayant levé 13,8 millions de dollars, portant le capital levé au cours de l'exercice à près de 17 millions de dollars. La société a renforcé son conseil d'administration avec l'ancien responsable financier de NVIDIA, Mike Byron, et a obtenu un contrat du Département américain de l'Énergie pour le développement de photodétecteurs. Aeluma maintient ses prévisions de chiffre d'affaires pour l'exercice 2025 entre 4,4 et 4,6 millions de dollars et a terminé le troisième trimestre avec 15,9 millions de dollars en liquidités.
La société de semi-conducteurs continue d'étendre sa présence sur les marchés de l'IA, de la défense, de l'informatique quantique et de l'automobile, tout en participant à des initiatives clés de l'industrie telles que le National Semiconductor Technology Center (NSTC).
Aeluma (NASDAQ:ALMU) meldete starke Finanzergebnisse für das dritte Quartal des Geschäftsjahres 2025 mit einem Umsatz von 1,3 Millionen US-Dollar, was einer Steigerung von 265 % gegenüber dem gleichen Quartal des Vorjahres entspricht. Das Unternehmen erzielte einen Nettoertrag von 1,5 Millionen US-Dollar (0,12 US-Dollar je Stammaktie), verglichen mit einem Nettoverlust von 963.000 US-Dollar im dritten Quartal des Geschäftsjahres 2024.
Zu den wichtigsten Highlights zählen eine erfolgreiche Notierung am NASDAQ und ein überzeichnetes öffentliches Angebot, das 13,8 Millionen US-Dollar einbrachte, womit das im Geschäftsjahr aufgebrachte Kapital fast 17 Millionen US-Dollar erreicht. Das Unternehmen stärkte seinen Vorstand mit dem ehemaligen Finanzleiter von NVIDIA, Mike Byron, und sicherte sich einen Vertrag mit dem US-Energieministerium zur Entwicklung von Photodetektoren. Aeluma hält an seiner Umsatzprognose für das Geschäftsjahr 2025 von 4,4 bis 4,6 Millionen US-Dollar fest und schloss das dritte Quartal mit 15,9 Millionen US-Dollar in bar ab.
Das Halbleiterunternehmen baut seine Präsenz in den Märkten für KI, Verteidigung, Quantencomputing und Automobil weiter aus und beteiligt sich an wichtigen Brancheninitiativen wie dem National Semiconductor Technology Center (NSTC).
- Record quarterly revenue of $1.3M, up 265% year-over-year
- Successful NASDAQ uplisting and $13.8M oversubscribed public offering
- Strong cash position of $15.9M, up from $3.1M in previous quarter
- Achieved net income of $1.5M vs net loss in previous quarters
- Secured U.S. Department of Energy contract for photodetector development
- On track to meet FY2025 revenue guidance of $4.4-4.6M
- Quarter-over-quarter revenue decline from $1.6M to $1.3M
- Net income primarily driven by non-cash derivative gains rather than operational performance
- Non-GAAP net income of only $7,000 indicates minimal operational profitability
Insights
Aeluma achieves 265% YoY revenue growth, successful NASDAQ uplisting, and strengthens balance sheet with $13.8M raise, reaching operational near-breakeven status.
Aeluma's Q3 FY2025 results showcase substantial financial progress. Revenue hit
However, this GAAP profitability comes with a critical distinction: it was primarily driven by a
The company's capital position has been transformed through an oversubscribed public offering raising
The successful NASDAQ uplisting represents a significant milestone that should enhance liquidity and expand investor access. Meanwhile, the appointment of former NVIDIA finance executive Mike Byron to the board strengthens governance while signaling the company's AI market focus.
With full-year revenue guidance of
For a small semiconductor company targeting high-growth markets, achieving near-breakeven operations while maintaining
Reports Record Third Quarter with Revenue Growth of
Momentum Builds with NASDAQ Uplisting, Strong Capital Position, and Growing Demand Across AI and Defense
GOLETA, CA / ACCESS Newswire / May 7, 2025 / Aeluma, Inc. (NASDAQ:ALMU), a semiconductor company specializing in high-performance, scalable technologies for mobile, automotive, AI, defense and aerospace, communication, and quantum computing, today provided a corporate update and announced financial results for the third quarter of fiscal 2025, which ended March 31, 2025.
Recent Company Highlights
NASDAQ Uplist and Capital Raise: Closed oversubscribed public offering with
$13.8 million gross proceeds, bringing total capital raised in fiscal year to nearly$17 million . Completed uplist to NASDAQ under ticker "ALMU."Board Expansion: Appointed former NVIDIA finance leader Mike Byron to the Board of Directors, strengthening strategic leadership to help scale operations for AI and quantum computing markets.
U.S. Department of Energy Contract: Secured funding to accelerate development of low-cost shortwave infrared photodetectors applicable to mobile, AR/VR, and industrial markets.
SPIE Defense + Commercial Sensing: Showcased next-generation photonic solutions for scaling sensing, 3D imaging, and silicon photonics at Exhibition. Presented technical talks and participated in an industry panel on "Silicon Photonics for Defense and National Security."
NSTC Membership: Became a member of the National Semiconductor Technology Center (NSTC), a CHIPS Act initiative aimed at strengthening U.S. leadership in semiconductor technology, manufacturing, and supply chain resilience.
Optical Fiber Communications (OFC) Conference Presentation: Joint research presented with AIM Photonics and UC Santa Barbara on quantum dot lasers integrated with silicon photonics for AI and co-packaged optics.
Laser Focus World Feature: Highlighted in a technical feature outlining how scalable quantum dot lasers are key for optical interconnects in AI infrastructure.
Media Visibility: CEO Jonathan Klamkin featured in SemiWiki's CEO interview series, discussing Aeluma's mission, commercial roadmap, and government engagements.
Management Commentary
"We believe that the combination of our successful uplist to NASDAQ, our oversubscribed capital raise, our third-quarter revenue, and our strong revenue backlog poises Aeluma for a strong growth trajectory," said Jonathan Klamkin, Ph.D., Founder and CEO of Aeluma. "Commercial interest in our technology across defense and aerospace, AI infrastructure, consumer sensing, quantum computing, and automotive continues to grow. Aeluma should be in a position to transition to commercialization to support the demands of several of these high-growth markets in the near future."
Financial Results
For the quarter ended March 31, 2025, revenue was
The company recorded a net income of
Adjusted EBITDA for the quarter ended March 31, 2025 was
The Company had
The total number of shares outstanding was 15,795,467 as of March 31, 2025.
Revenue Guidance
Aeluma met its revenue target for the quarter and is tracking to meet its annual revenue guidance of approximately
These statements are forward looking and actual results may differ materially. Refer to the Forward-Looking Statements section below for information on the factors that could cause our actual results to differ materially from these forward-looking statements.
Note about Non-GAAP Financial Measures
This press release includes and makes reference to certain non-GAAP financial measures. The presentation of this financial information is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with GAAP. Aeluma believes that the presentation of non-GAAP financial measures provides important supplemental information to management and investors regarding financial and business trends relating to the Company's financial condition and results of operations. Aeluma believes that these non-GAAP financial measures provide additional insight into Aeluma's ongoing performance and core operational activities and has chosen to provide these measures for more consistent and meaningful comparison between periods. These measures should only be used to evaluate Aeluma's results of operations in conjunction with the corresponding GAAP measures. The non-GAAP results exclude the effect of stock-based compensation, depreciation and amortization.
This press release includes non-GAAP financial measures, including:
Non-GAAP net income (loss), which is defined as GAAP net income (loss) plus stock-based compensation expenses, amortization of discount on convertible notes, and changes in fair value of derivative liabilities; and
Adjusted EBITDA, defined as non-GAAP net income (loss) plus depreciation and amortization expenses, less interest income.
A reconciliation between GAAP and non-GAAP financial results is provided in the financial statements portion of this press release.
About Aeluma, Inc.
Aeluma (www.aeluma.com) develops photonics and optoelectronics for sensing, computing, and communication applications. Aeluma has pioneered a technique to manufacture semiconductor chips using high-performance compound semiconductor materials on large-diameter substrates that are commonly used for mass-market microelectronics. The technology has the potential to enhance performance and scale manufacturing, both of which are critical for emerging applications. Aeluma is developing a streamlined business model from its headquarters in Santa Barbara, California that has a state-of-the-art manufacturing cleanroom. Its transformative semiconductor chip technology may impact a variety of markets including mobile, defense and aerospace, AI, automotive, AR/VR, quantum, and communication. Aeluma differentiates itself with unique semiconductor manufacturing capability, proprietary technology, the ability to perform rapid prototyping, and a broad set of product offerings.
Forward-Looking Statements
All statements in this press release that are not historical are forward-looking statements, including, among other things, statements relating to the Company's expectations regarding its market position and market opportunity, expectations and plans as to its product development, manufacturing and sales, and relations with its partners and investors. These statements are not historical facts but rather are based on the Company's current expectations, estimates, and projections regarding its business, operations and other similar or related factors. Words such as "may," "will," "could," "would," "should," "anticipate," "predict," "potential," "continue," "expect," "intend," "plan," "project," "believe," "estimate," and other similar or related expressions are used to identify these forward-looking statements, although not all forward-looking statements contain these words. You should not place undue reliance on forward-looking statements because they involve known and unknown risks, uncertainties, and assumptions that are difficult or impossible to predict and, in some cases, beyond the Company's control. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described in the Company's filings with the Securities and Exchange Commission. The Company undertakes no obligation to revise or update information in this release to reflect events or circumstances in the future, even if new information becomes available.
Company
Aeluma, Inc.
(805) 351-2707
info@aeluma.com
Investor Contact
Bishop IR
Mike Bishop
(415) 894-9633
ir@aeluma.com
Aeluma, Inc. and Subsidiary | ||||||||||||
Consolidated Balance Sheets (unaudited) | ||||||||||||
March 31, 2025 | December 31, 2024 | June 30, 2024 | ||||||||||
Assets | ||||||||||||
Current assets: | ||||||||||||
Cash and cash equivalents | $ | 3,865,659 | $ | 3,063,059 | $ | 1,291,072 | ||||||
Certificate of deposit | 12,000,000 | - | - | |||||||||
Accounts receivable | 1,143,417 | 1,324,632 | 60,004 | |||||||||
Deferred compensation, current portion | 3,086 | 6,171 | 20,133 | |||||||||
Prepaids and other current assets | 213,833 | 136,307 | 21,637 | |||||||||
Total current assets | 17,225,995 | 4,530,169 | 1,392,846 | |||||||||
Property and equipment: | ||||||||||||
Equipment | 1,616,669 | 1,572,291 | 1,531,494 | |||||||||
Leasehold improvements | 546,864 | 546,864 | 546,864 | |||||||||
Accumulated depreciation | (913,530 | ) | (809,436 | ) | (608,630 | ) | ||||||
Property and equipment, net | 1,250,003 | 1,309,719 | 1,469,728 | |||||||||
Intangible assets | 4,583 | 5,333 | 6,833 | |||||||||
Right of use asset - facility | 868,145 | 899,623 | 961,626 | |||||||||
Other assets | 13,014 | 13,014 | 13,014 | |||||||||
Total assets | $ | 19,361,740 | $ | 6,757,858 | $ | 3,844,047 | ||||||
Liabilities and stockholders' equity | ||||||||||||
Current liabilities: | ||||||||||||
Accounts payable | $ | 173,207 | $ | 182,932 | $ | 317,237 | ||||||
Accrued expenses and other current liabilities | 216,782 | 172,414 | 180,706 | |||||||||
Lease liability, current portion | 135,854 | 133,460 | 128,743 | |||||||||
Total current liabilities | 525,843 | 488,806 | 626,686 | |||||||||
Lease liability, long-term portion | 838,802 | 873,276 | 941,200 | |||||||||
Derivative liabilities | - | 5,048,174 | - | |||||||||
Convertible notes, net | - | 1,379,690 | - | |||||||||
Total liabilities | 1,364,645 | 7,789,946 | 1,567,886 | |||||||||
Commitments and contingencies | - | - | - | |||||||||
Stockholders' equity (deficit): | ||||||||||||
Preferred stock | - | - | - | |||||||||
Common stock | 1,579 | 1,224 | 1,218 | |||||||||
Additional paid-in capital | 33,783,427 | 16,215,492 | 15,899,304 | |||||||||
Accumulated deficit | (15,787,911 | ) | (17,248,804 | ) | (13,624,361 | ) | ||||||
Total stockholders' equity (deficit) | 17,997,095 | (1,032,088 | ) | 2,276,161 | ||||||||
Total liabilities and stockholders' equity | $ | 19,361,740 | $ | 6,757,858 | $ | 3,844,047 | ||||||
Aeluma, Inc. and Subsidiary | ||||||||||||||||||||
Consolidated Statements of Operations (unaudited) | ||||||||||||||||||||
Three Months Ended | Nine Months Ended | |||||||||||||||||||
March 31, 2025 | December 31, 2024 | March 31, 2024 | March 31, 2025 | March 31, 2024 | ||||||||||||||||
Revenue | $ | 1,254,966 | $ | 1,612,519 | $ | 343,894 | $ | 3,348,220 | $ | 639,286 | ||||||||||
Operating expenses: | ||||||||||||||||||||
Cost of revenue | 413,085 | 584,549 | 233,585 | 1,312,209 | 385,491 | |||||||||||||||
Research and development | 470,979 | 268,061 | 620,285 | 1,140,114 | 2,106,253 | |||||||||||||||
General and administrative | 1,202,372 | 370,311 | 452,792 | 2,069,149 | 1,721,820 | |||||||||||||||
Total expenses | 2,086,436 | 1,222,921 | 1,306,662 | 4,521,472 | 4,213,564 | |||||||||||||||
Income (loss) from operations | (831,470 | ) | 389,598 | (962,768 | ) | (1,173,252 | ) | (3,574,278 | ) | |||||||||||
Other income (expense): | ||||||||||||||||||||
Interest income | 2,558 | 101 | 198 | 2,761 | 879 | |||||||||||||||
Other expense | - | - | (81 | ) | - | (81 | ) | |||||||||||||
Amortization of discount on convertible notes | (287,298 | ) | (283,043 | ) | - | (715,117 | ) | - | ||||||||||||
Changes in fair value of derivative liabilities | 2,577,103 | (3,001,480 | ) | - | (277,942 | ) | - | |||||||||||||
Total other income (expense), net | 2,292,363 | (3,284,422 | ) | 117 | (990,298 | ) | 798 | |||||||||||||
Income (loss) before income tax expense | 1,460,893 | (2,894,824 | ) | (962,651 | ) | (2,163,550 | ) | (3,573,480 | ) | |||||||||||
Income tax expense | - | - | - | - | - | |||||||||||||||
Net income (loss) | $ | 1,460,893 | $ | (2,894,824 | ) | $ | (962,651 | ) | $ | (2,163,550 | ) | $ | (3,573,480 | ) | ||||||
Net income (loss) per share: | ||||||||||||||||||||
Basic | $ | 0.12 | $ | (0.24 | ) | $ | (0.08 | ) | $ | (0.18 | ) | $ | (0.29 | ) | ||||||
Diluted | $ | 0.11 | $ | (0.24 | ) | $ | (0.08 | ) | $ | (0.18 | ) | $ | (0.29 | ) | ||||||
Weighted average common shares outstanding: | ||||||||||||||||||||
Basic | 12,472,061 | 12,212,403 | 12,175,195 | 12,286,284 | 12,338,041 | |||||||||||||||
Diluted | 13,206,919 | 12,212,403 | 12,175,195 | 12,286,284 | 12,338,041 | |||||||||||||||
Book value per share | $ | 1.44 | $ | (0.08 | ) | $ | 0.19 | $ | 1.44 | $ | 0.19 | |||||||||
Aeluma, Inc. and Subsidiary | ||||||||||||||||||||
Reconciliation of GAAP and Non-GAAP Financial Measures (unaudited) | ||||||||||||||||||||
Three Months Ended | Nine Months Ended | |||||||||||||||||||
March 31, 2025 | December 31, 2024 | March 31, 2024 | March 31, 2025 | March 31, 2024 | ||||||||||||||||
GAAP net income (loss) | $ | 1,460,893 | $ | (2,894,824 | ) | $ | (962,651 | ) | $ | (2,163,550 | ) | $ | (3,573,480 | ) | ||||||
Non-GAAP adjustments: | ||||||||||||||||||||
Stock-based compensation - stock option | 832,792 | 149,103 | 191,844 | 1,148,986 | 568,340 | |||||||||||||||
Consulting and advisory - restricted stock award | 3,085 | 6,981 | 6,981 | 17,047 | 25,920 | |||||||||||||||
Amortization of discount on convertible notes | 287,298 | 283,043 | - | 715,117 | - | |||||||||||||||
Changes in fair value of derivative liabilities | (2,577,103 | ) | 3,001,480 | - | 277,942 | - | ||||||||||||||
Total adjustments to GAAP net income (loss) | (1,453,928 | ) | 3,440,607 | 198,825 | 2,159,092 | 594,260 | ||||||||||||||
Non-GAAP net income (loss) | $ | 6,965 | $ | 545,783 | $ | (763,826 | ) | $ | (4,458 | ) | $ | (2,979,220 | ) | |||||||
Depreciation & amortization | 104,845 | 102,181 | 78,663 | 307,150 | 211,196 | |||||||||||||||
Interest income | (2,558 | ) | (101 | ) | 198 | (2,761 | ) | 879 | ||||||||||||
Adjusted EBITDA | $ | 109,252 | $ | 647,863 | $ | (684,965 | ) | $ | 299,931 | $ | (2,767,145 | ) | ||||||||
GAAP net income (loss) per share - basic | $ | 0.12 | $ | (0.24 | ) | $ | (0.08 | ) | $ | (0.18 | ) | $ | (0.29 | ) | ||||||
Non-GAAP adjustments | (0.12 | ) | 0.28 | 0.02 | 0.18 | 0.05 | ||||||||||||||
Non-GAAP net income (loss) per share - basic | $ | - | $ | 0.04 | $ | (0.06 | ) | $ | - | $ | (0.24 | ) | ||||||||
GAAP net income (loss) per share - diluted | $ | 0.11 | $ | (0.24 | ) | $ | (0.08 | ) | $ | (0.18 | ) | $ | (0.29 | ) | ||||||
Non-GAAP adjustments | (0.11 | ) | 0.28 | 0.02 | 0.18 | 0.05 | ||||||||||||||
Non-GAAP net income (loss) per share - diluted | $ | - | $ | 0.04 | $ | (0.06 | ) | $ | - | $ | (0.24 | ) | ||||||||
Aeluma, Inc. and Subsidiary | ||||||||
Consolidated Statements of Cash Flows (unaudited) | ||||||||
Nine Months Ended March 31, | ||||||||
2025 | 2024 | |||||||
Operating activities: | ||||||||
Net loss | $ | (2,163,550 | ) | $ | (3,573,480 | ) | ||
Adjustments to reconcile net loss to net cash used in operating activities: | ||||||||
Amortization of deferred compensation | 17,047 | 25,920 | ||||||
Stock-based compensation expense | 1,148,986 | 568,340 | ||||||
Depreciation and amortization expense | 307,150 | 211,196 | ||||||
Amortization of discount on convertible notes | 715,117 | - | ||||||
Changes in fair value of derivative liabilities | 277,942 | - | ||||||
Changes in operating assets and liabilities: | ||||||||
Accounts receivable | (1,083,413 | ) | 41,739 | |||||
Prepaids and other current assets | (192,196 | ) | (76,170 | ) | ||||
Accounts payable | (144,030 | ) | (114,561 | ) | ||||
Accrued expenses and other current liabilities | 34,270 | 40,826 | ||||||
Net cash used in operating activities | (1,082,677 | ) | (2,876,190 | ) | ||||
Investing activities: | ||||||||
Purchase of equipment | (85,175 | ) | (316,934 | ) | ||||
Net cash used in investing activities | (85,175 | ) | (316,934 | ) | ||||
Financing activities: | ||||||||
Repurchase of common stock | - | (4,001 | ) | |||||
Proceed from stock option exercise | 10,000 | - | ||||||
Proceeds from convertible notes issuance | 3,145,000 | - | ||||||
Proceeds from Public Offering, net of costs | 12,587,439 | - | ||||||
Net cash provided by (used in) financing activities | 15,742,439 | (4,001 | ) | |||||
Net change in cash and cash equivalent, and certificate of deposit | 14,574,587 | (3,197,125 | ) | |||||
Cash and cash equivalent, and certificate of deposit, beginning of period | 1,291,072 | 5,071,690 | ||||||
Cash and cash equivalent, and certificate of deposit, end of period | $ | 15,865,659 | $ | 1,874,565 | ||||
Supplemental non-cash disclosures: | ||||||||
Conversion of convertible notes to stockholders' equity | $ | 1,666,988 | - | |||||
Conversion of derivative liabilities to stockholders' equity | $ | 2,471,071 | - | |||||
SOURCE: Aeluma, Inc.
View the original press release on ACCESS Newswire
FAQ
What was Aeluma's (ALMU) revenue growth in Q3 2025?
How much did Aeluma (ALMU) raise in their public offering?
What is Aeluma's (ALMU) revenue guidance for fiscal year 2025?
What was Aeluma's (ALMU) Q3 2025 net income?
How much cash does Aeluma (ALMU) have as of Q3 2025?
