Here are the 10-K annual reports from Nuburu, Inc. (BURU) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow BURU and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BURU filings page.
Nuburu, Inc. filed Amendment No. 1 to its Form 10-K for the year ended December 31, 2025 to add full Part III disclosures on directors, executive compensation, security ownership, related-party transactions, and auditor fees, and to update the exhibit list and officer certifications.
The filing details a new board led by Executive Chairman and Co-CEO Alessandro Zamboni and Co-CEO Dario Barisoni, revised pay for executives and directors, a 2026 performance-based cash incentive plan, and significant related-party arrangements involving Tekne, Orbit, Supply@ME group entities, TAG and Vanguard. No new financial statements are included, and the amendment does not update events after the original 10-K.
Nuburu, Inc. reports a major strategic shift from industrial blue lasers to a dual-use defense, security, and critical‑infrastructure platform, while facing significant financial pressure. The company recorded a $79.1 million net loss in 2025 and an accumulated deficit of $200.5 million, and its auditors raised substantial doubt about its ability to continue as a going concern.
Management’s 2025 Transformation Plan centers on software‑orchestrated defense and resilience solutions, supported by acquisitions and investments including Lyocon (laser engineering), Orbit (operational resilience software), Tekne (defense vehicles and networks), SYME (inventory monetization fintech), Maddox (mobile additive manufacturing JV) and an H&K firearms stake. These deals are largely funded with convertible notes and receivables, increasing leverage and execution risk at a time when Nuburu has limited cash, a very small employee base, discontinued U.S. manufacturing, and must still regain NYSE American listing compliance and secure additional capital.