Every 10-Q that NeoVolta Inc. (NEOV) 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 NEOV 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 NEOV filings page.
NeoVolta, Inc. reported strong top-line growth but wider losses for the quarter and nine months ended March 31, 2026. Quarterly revenue was $2.0 million, roughly flat year over year, while quarterly net loss widened to $3.0 million from $1.4 million as spending on growth accelerated.
For the nine months, revenue rose to $13.3 million from $3.7 million, driven by expansion into new sales channels, but net loss increased to $9.8 million from $3.4 million as general and administrative and R&D expenses grew sharply. Cash and cash equivalents climbed to $11.5 million from $0.8 million, supported by $22 million of equity financing and short-term borrowings, leaving working capital of about $19.5 million.
The company formed an 80%-owned joint venture to build a utility-scale battery manufacturing facility in Georgia, contributing $7 million so far and expecting to add $8 million in June 2026 plus up to $25 million more through June 2027. Management believes current resources and recent financings will fund operations for at least 12 months, but future capital will be needed to meet joint-venture commitments.
NeoVolta, Inc. reported rapid growth but higher losses for the quarter ended December 31, 2025. Quarterly revenue rose to $4.65 million from $1.07 million a year earlier, and six‑month revenue climbed to $11.30 million from $1.66 million, driven by expanded sales channels beyond Southern California.
Despite this growth, profitability deteriorated. NeoVolta posted a quarterly net loss of $5.54 million versus $0.97 million and a six‑month net loss of $6.78 million versus $1.94 million, mainly from sharply higher general and administrative costs of $7.46 million over six months, including $3.02 million of non‑cash stock compensation and expenses tied to new leadership and staff.
Cash flow from operations used $4.58 million in the first half, leaving cash of $0.24 million at December 31, 2025, alongside a line‑of‑credit balance of $0.63 million and $2.88 million in short‑term notes. The company bolstered liquidity with a December 2025 private offering raising $3.0 million, a January 2026 registered direct offering raising $10.0 million, and additional private equity of $10.0 million tied to a new joint venture.
NeoVolta acquired assets from Neubau Energy for about $1.5 million, adding intellectual property and equipment, and formed a battery manufacturing joint venture in the southeastern U.S. where it holds 60% and has agreed to contribute up to $40 million in capital. Management believes existing credit facilities and recent equity proceeds will fund operations for at least 12 months, but a material weakness in internal controls related to segregation of duties remained as of December 31, 2025.
NeoVolta (NEOV) filed its quarterly report for the period ended September 30, 2025. Revenue rose to $6,650,258 from $590,236 a year ago as new sales channels expanded. Gross profit was $1,577,252, yielding a gross margin of about 24%. Operating expenses increased to $2,431,580, and interest expense reached $389,134, resulting in a net loss of $1,243,322, or $0.04 per share.
Cash was $889,819, with accounts receivable of $5,210,379 and inventory of $1,478,780. The company used $2,494,069 in operating cash flow and reported financing inflows of $2,589,052, including use of short‑term borrowings. Short‑term notes payable were $4,142,275 and the balance on a $5,000,000 line of credit was $633,538 at 16% interest. Four dealers accounted for approximately 35%, 18%, 11% and 11% of quarterly revenue. Subsequent events included an asset purchase from Neubau for approximately $1.5 million (cash and 200,000 shares), potential earn‑outs up to 4,000,000 shares, a $10 per‑unit royalty, a lease extension with future payments of about $1.2 million, and a 200,000‑share debt-for-equity exchange reducing principal by $500,000. The company reported a material weakness in disclosure controls due to lack of segregation of duties.