Every 10-Q that Azio AI Holdings, Inc. (EVTV) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow EVTV 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 EVTV filings page.
Envirotech Vehicles, Inc. reported Q1 2026 sales of $2,248,621, up from Q1 2025 as activity shifted almost entirely to its related-party medical supplies segment, while electric vehicle sales were $0. The company posted a net loss of $3,986,923 and negative stockholders’ equity of $8,176,387.
Operating cash outflow was $3,342,098, and working capital was about $11.5M negative. Management disclosed that these conditions, together with an accumulated deficit of $116,575,383, raise substantial doubt about continuing as a going concern. Envirotech is relying on debenture financing and an equity purchase agreement to fund operations and also received a Nasdaq notice for failing to meet the $2.5M stockholders’ equity requirement.
Envirotech Vehicles, Inc. (EVTV) reported Q3 2025 sales of $1.8 million, driven entirely by its new medical supplies segment, but no electric vehicle sales in the quarter. For the first nine months of 2025, sales were $3.5 million versus $1.6 million a year earlier, while the net loss widened sharply to $25.5 million from $6.5 million.
Results were heavily impacted by non‑cash charges, including a $10.1 million goodwill impairment recorded earlier in the year and a $3.3 million impairment of intangible assets in Q3, eliminating both balances. Total assets fell to $18.2 million from $32.7 million, and stockholders’ equity dropped to $1.9 million from $20.9 million.
Liquidity is tight: cash and cash equivalents were $77,595 at September 30, 2025 after using $6.3 million in operating cash year‑to‑date, funded largely by convertible and standby equity arrangements that also increased common shares outstanding to 4,223,165 at quarter‑end and 4,829,515 as of November 17, 2025. All medical supplies revenue comes from a related‑party customer, and the company carries a $2.1 million related‑party receivable.
Envirotech Vehicles, Inc. reported interim results reflecting a business pivot into medical supplies and drones and a 1-for-10 reverse stock split that retroactively adjusted per-share data. For the three months ended June 30, 2025, the company recognized net revenue of ($25,237) from electric vehicle deliveries after customer credits and $1,072,266 from medical supplies (one related party accounted for 100% of medical supplies revenue). The company recorded out-of-period adjustments totaling $526,535 to correct prior-period sales and R&D expense. Trade receivables totaled $846,982 with an allowance of $406,690. Finished goods inventory netted $4,855,679 after a $1,184,731 valuation allowance. The company has convertible promissory notes, recent conversions into common stock, and access to an investor purchase agreement of up to $25 million.