Welcome to our dedicated page for Applied Energetc SEC filings (Ticker: AERG), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Applied Energetics filings document material events for a Delaware defense technology company quoted on OTCQB under AERG. Recent Form 8-K disclosures cover advanced laser technology contracts, executive appointments and compensatory arrangements, board committee formation, advisory-board compensation, and annual stockholder meeting voting results.
The filings also describe capital-structure actions, including private placements of common stock and pre-funded common stock purchase warrants, registration-related undertakings, and the company’s stated security status. These records connect governance, financing, and operating disclosures to Applied Energetics’ ultrashort pulse laser and directed-energy technology business.
Applied Energetics, Inc. filed a current report describing the launch of a new corporate website and refreshed brand identity that highlight its focus on ultrashort pulse laser and directed energy defense technologies. The site remains at www.appliedenergetics.com and is positioned as a central hub for company and investor information.
The website features updated visual design and messaging to explain the company’s mission, technological differentiation, and emphasis on counter-sensor and counter-autonomy capabilities in modern, increasingly autonomous and electronically contested battlefields. Applied Energetics also underscores that it posts SEC reports, investor presentations, and status updates on the site to keep stakeholders informed.
APPLIED ENERGETICS, INC. director Bradford Thomas Adamczyk reported derivative exercises and an open‑market sale of common stock. He exercised 10,000 non‑qualified stock options at $0.07 per share into common stock and sold 10,000 common shares at $1.50 per share. Following these transactions, he directly holds 671,482 common shares, with additional indirect holdings through affiliated entities referenced in the footnotes.
APPLIED ENERGETICS, INC. President & CEO Christopher Wayne Donaghey reported an open-market sale of 10,000 shares of common stock at $1.50 per share on May 11, 2026. After this sale, he directly holds 123,592 common shares.
In addition to common stock, he holds equity awards tied to company performance and service. These include 100,000 restricted stock units that vest in equal annual instalments of 100,000 shares commencing on July 12, 2023, and stock options covering several million underlying shares with exercise prices ranging from $0.35 to $2.36 per share and expirations extending to 2032.
Certain incentive stock options vest upon achieving specified gross revenue milestones of $10 million, $25 million, and $50 million, while others vest in scheduled annual instalments under the 2018 Incentive Stock Plan.
Applied Energetics, Inc. reported a sharp deterioration in its first quarter ended March 31, 2026. Revenue fell to $0 from $209,753 a year earlier after government contracts became unfunded, while the company continued funding related work as internal R&D.
Operating expenses rose to $3,830,108, driven mainly by higher general and administrative costs and stock-based compensation, leading to a net loss of $3,807,723 versus $3,105,666 in 2025. Cash declined to $4,064,093 from $6,436,082 at year-end, with negative operating cash flow of $2,296,313, though working capital remained about $3.7 million.
Management discloses that recurring losses, limited contract activity, and reliance on raising capital create “substantial doubts” about the company’s ability to continue as a going concern. Internal control over financial reporting and disclosure controls are also deemed ineffective due to segregation-of-duties and policy weaknesses the company is starting to remediate.
Applied Energetics, Inc. reported that it has been awarded a follow-on Phase 1 contract of approximately $250,000 from the University of Rochester’s Laboratory for Laser Energetics. The work supports a multi-phase advanced laser technology program focused on pulsed laser technologies and is expected to begin in April 2026.
The company positions itself as a leader in ultrashort pulse directed energy and laser technologies, highlighting 25 patents and 3 pending. Its fiber-based ultrashort pulse systems are designed for defense and commercial uses where compact, high-intensity laser capabilities are important.
Applied Energetics, Inc. reported that Ingalls & Snyder LLC beneficially owns 17,230,596 shares of common stock, representing 7.7% of the class as of 12/31/2025. The filing states these shares are held with shared dispositive power and include accounts managed under investment advisory contracts.
Applied Energetics, Inc. develops advanced ultrashort pulse laser and directed energy technologies for U.S. defense and select commercial markets, backed by 25 issued patents and nine Government Sensitive Patent Applications. The company remains pre‑revenue intensive, relying heavily on government contracts and R&D.
For the year ended December 31, 2025, Applied Energetics generated $461,727 in revenue, down sharply from $2,426,609 in 2024, and recorded a net loss of $14,872,730 versus a $9,174,958 loss in 2024. Its auditor expressed substantial doubt about the company’s ability to continue as a going concern, citing recurring losses, negative operating cash flow and reduced government contract activity.
As of December 31, 2025, the company held $6,436,082 in cash and cash equivalents and working capital of $6,129,118, after raising about $10.8 million in 2025 bridge financings. At June 30, 2025, non‑affiliate equity market value was approximately $423.4 million, with 223,836,331 common shares outstanding as of March 27, 2026. Management warns it will likely need additional capital and faces risks from inflation, supply chain constraints, contract funding cuts, stringent export controls and complex U.S. government regulations, while also noting a small workforce of 26 employees and ongoing malpractice litigation against former counsel.
APPLIED ENERGETICS, INC. filed an initial insider ownership report showing that Chief Financial Officer Warren Jeffrey Spector beneficially owns an Incentive Stock Option covering 575,000 shares. A footnote explains that the options vest immediately for 75,000 shares, with the remaining shares vesting in four equal annual installments beginning on the first anniversary of the grant date.
Applied Energetics, Inc. appointed Warren Spector as Chief Financial Officer effective January 28, 2026, elevating him from his prior role as Vice President of Finance. He brings decades of senior finance and operating experience, including prior CFO roles at Crossroads Live and Raycom Media.
The company entered into a three-year Executive Employment Agreement with automatic one-year renewals. Mr. Spector will receive a $300,000 annual cash salary, eligibility for a discretionary annual bonus, and incentive stock options to purchase up to 575,000 shares at $1.78 per share under the 2018 Incentive Stock Plan.
The options vest immediately for 75,000 shares and in four equal annual installments for the remaining 500,000 shares, and he agreed to forfeit options previously issued as Vice President of Finance. The agreement includes standard benefits, expense reimbursement, and severance of 90 days’ pay plus pro rata bonus in certain termination scenarios.
Applied Energetics, Inc. insider activity: President, CEO and director Christopher Wayne Donaghey reported selling 10,000 shares of common stock on January 26, 2026 at a weighted average price of $1.65, from trades executed between $1.6668 and $1.70. Following this sale, he directly beneficially owns 133,592 common shares.
He also holds significant equity incentives, including 1,000,000 incentive stock options at an exercise price of $0.78 that vest upon achieving specified revenue milestones, another 1,000,000 incentive stock options at $2.36 vesting annually through July 12, 2027, 150,000 non-statutory options at $0.35, 200,000 options at $0.61, and 100,000 restricted stock units vesting in equal annual installments starting July 12, 2023.