Welcome to our dedicated page for Aura Systems SEC filings (Ticker: AUSI), 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.
Aura Systems Inc. filings document the company's periodic reporting obligations and notices related to delayed quarterly reports. The Form 12b-25 filings identify the registrant, the affected Form 10-Q periods, transition-period reporting references, and the company's statements about why quarterly reports could not be filed within the prescribed SEC timetable.
For AUSI, these disclosures center on reporting status, filing deadlines, and compliance mechanics, with formal records tied to its public-company obligations as an operating company.
Aura Systems, Inc. reported net income of $5,501 for the quarter ended November 30, 2025, driven largely by a non-cash gain of $6,705 from revaluing a derivative liability. Quarterly revenue was modest at $80, and revenue for the nine-month period was $265 with a net loss of $2,104.
The balance sheet remains highly leveraged, with total assets of $1,316 against total liabilities of $38,244, resulting in a shareholders’ deficit of $36,928. Cash and cash equivalents were $107, while several notes totaling $5,266 are past due and a derivative liability related to a convertible note was $15,611. Management and the auditor highlight substantial doubt about the company’s ability to continue as a going concern, and Aura estimates it needs an additional $6,000 in Fiscal 2026 to fund operations.
Aura Systems (AUSI) reported Q2 results showing continued operating losses and liquidity strain. Net revenue was $0 for the quarter and $185 thousand for the six months. The company posted a net loss of $4.764 million for Q2 (vs. $6.390 million a year ago) and $7.605 million for the six months (vs. $21.648 million).
Cash and equivalents were $24 thousand at August 31, 2025, after using $1.510 million in operating cash in six months. Total liabilities reached $44.620 million with a shareholders’ deficit of $(43.501) million. The company disclosed substantial doubt about its ability to continue as a going concern, citing recurring losses, minimal cash, and $5.266 million of notes and related accrued interest past due.
The derivative liability tied to a convertible note increased to $22.316 million (from $17.565 million). To fund operations, Aura issued 6.83 million shares for $1.697 million during the period and subsequently issued 1.124 million shares for $281 thousand. Management also noted ongoing material weaknesses in internal controls.
Aura Systems, Inc. filed a Form 12b-25 to notify a late filing of its Quarterly Report on Form 10-Q for the three months ended August 31, 2025. The company says it needs more time to finalize financial statements due to year-end closing challenges, including integrating recently acquired business units and reconciling certain accounting records.
The company expects to file the Form 10-Q within the five-day extension provided under Rule 12b-25 of the Securities Exchange Act of 1934.