NeoVolta Inc.
Business
NeoVolta Inc. designs and manufactures lithium iron phosphate battery energy storage systems combined with hybrid inverters for residential, commercial, and industrial applications. Core products include the NV14 (14.4 kWh with 7.6 kW inverter), NV24 expansion battery, NVPlus, NV7600 stand-alone inverter, and newly announced 250 kW/430 kWh C&I system and NV16 kW AC hybrid inverter. The company manufactures NV14/NV24 systems in-house in Poway, California, while contracting other products to qualified partners; it sells primarily through certified solar installers and regional and national distributors across the United States and Puerto Rico.
Summary from 10-K filed 2025-09-29
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-06-30 | FY 2024 2024-06-30 | FY 2023 2023-06-30 | FY 2022 2022-06-30 | FY 2021 2021-06-30 |
|---|---|---|---|---|---|---|
| Revenues from contracts with customers | 8 | 3 | 3 | 4 | 5 | |
| Cost of goods sold | 7 | 2 | 3 | 4 | 4 | |
| Gross profit | 2 | 510,347 | 687,995 | 667,133 | 647,715 | |
| General and administrative | 6 | 3 | 3 | 6 | 8 | |
| Research and development | 157,305 | 19,154 | 29,936 | 68,503 | 42,801 | |
| Total operating expenses | 6 | 3 | 3 | 6 | 8 | |
| Loss from operations | −5 | −2 | −3 | −6 | −8 | |
| Interest income | 2,011 | 33,644 | 0 | — | — | |
| Interest expense | −320,417 | 0 | −4,134 | — | — | |
| Total other income (expense) | −318,406 | 33,644 | −4,134 | −49,544 | 5,079 | |
| Net loss | −5 | −2 | −3 | −6 | −8 | |
| Weighted average shares outstanding - basic | 34 | 33 | 32 | 21 | 18 | |
| Weighted average shares outstanding - diluted | 34 | 33 | 32 | 21 | 18 | |
| Net loss per share - basic | −0.15 | −0.07 | −0.08 | −0.28 | −0.43 | |
| Net loss per share - diluted | −0.15 | −0.07 | −0.08 | −0.28 | −0.43 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-06-30 | FY 2024 2024-06-30 | FY 2023 2023-06-30 | FY 2022 2022-06-30 | FY 2021 2021-06-30 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 794,836 | 986,427 | 2 | 330,385 | 425,681 | |
| Accounts receivable, net | 3 | 2 | 2 | 1 | 1 | |
| Inventory, net | 2 | 2 | 3 | 2 | 2 | |
| Prepaid expenses and other current assets (including prepaid inventory in amount of $535,938 and -0- as of June 30, 2025 and 2024, respectively) | 748,044 | 76,815 | 96,119 | 239,001 | 45,926 | |
| Total current assets | 7 | 5 | 7 | 4 | 3 | |
| Lease right-of-use asset, net | 140,540 | 0 | — | — | — | |
| Total assets | 7 | 5 | 7 | 4 | 3 | |
| Accounts payable | 689,216 | 5,316 | 0 | 205,600 | 53,510 | |
| Accrued liabilities | 78,934 | 55,784 | 39,491 | 127,356 | 36,821 | |
| Lease liability | 140,540 | 0 | — | — | — | |
| Short-term notes payable | 3 | 0 | — | — | — | |
| Total current liabilities | 4 | 61,100 | 39,491 | 1 | 94,249 | |
| Payable to line of credit lender | 383,538 | 0 | — | — | — | |
| Total liabilities | 4 | 61,100 | 39,491 | 2 | 113,557 | |
| Commitments and contingencies (Note 5) | — | — | — | — | — | |
| Common stock, $0.001 par value, 100,000,000 shares authorized,34,124,873 shares and 33,236,091 shares issued and outstanding, respectively | 34,125 | 33,236 | 33,155 | 21,978 | 19,641 | |
| Additional paid-in capital | 29 | 25 | 25 | 18 | 13 | |
| Accumulated deficit | −26 | −21 | −18 | −16 | −10 | |
| Total stockholders' equity | 3 | 5 | 6 | 3 | 3 | |
| Total liabilities and stockholders' equity | 7 | 5 | 7 | 4 | 3 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-06-30 | FY 2024 2024-06-30 | FY 2023 2023-06-30 | FY 2022 2022-06-30 | FY 2021 2021-06-30 |
|---|---|---|---|---|---|---|
| Stock compensation expense | 2 | 432,367 | 2 | 5 | 7 | |
| Amortization of ROU asset | 80,570 | 0 | — | — | — | |
| Provision for expected credit losses/bad debt expense | −4,253 | 540,000 | 490,000 | 0 | — | |
| Reserve for obsolete inventory | −90,000 | 90,000 | 0 | — | — | |
| Accounts receivable | −2 | −519,595 | −998,647 | −189,294 | −737,332 | |
| Inventory | 131,864 | 703,263 | −342,363 | −576,068 | −108,844 | |
| Prepaid expenses and other current assets | −606,429 | 19,304 | 142,882 | −193,075 | 104,089 | |
| Accounts payable | 683,900 | 5,316 | −205,600 | 152,090 | 49,850 | |
| Accrued expenses | 23,150 | 16,293 | −83,731 | 140,076 | 24,917 | |
| Operating lease obligation | −80,570 | 0 | — | — | — | |
| Net cash flows used in operating activities | −4 | −1 | −2 | −1 | −883,623 | |
| Proceeds of private equity offering | 1 | 0 | — | — | — | |
| Borrowings under line of credit | 500,000 | 0 | — | — | — | |
| Repayments of line of credit | −116,462 | 0 | — | — | — | |
| Borrowings under short-term nots payable | 5 | 0 | — | — | — | |
| Repayments of short-term nots payable | −3 | 0 | — | — | — | |
| Proceeds from exercise of common stock warrants | 160,400 | 0 | — | — | — | |
| Net cash flows from financing activities | 4 | 0 | 4 | 1 | 0 | |
| Net decrease in cash and cash equivalents | −191,591 | −1 | 2 | −95,296 | −883,623 | |
| Cash paid for interest | 136,580 | 0 | 0 | 0 | 0 | |
| Cash paid for income taxes | 0 | 0 | 0 | 0 | 0 | |
| ROU asset recognized from operating lease | 221,110 | 0 | — | — | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is NeoVolta Inc.'s CIK number?
NeoVolta Inc.'s SEC CIK number is 0001748137 (1748137). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find NeoVolta Inc.'s SEC filings?
All of NeoVolta Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did NeoVolta Inc. last report earnings?
NeoVolta Inc. (NEOV) most recently filed an earnings 8-K with the SEC on May 14, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001683168-26-003928). This is NeoVolta Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is NeoVolta Inc.'s most recent earnings 8-K?
NeoVolta Inc.'s latest earnings 8-K (Item 2.02) was filed May 14, 2026 under accession 0001683168-26-003928. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View NeoVolta Inc.'s latest earnings 8-K →
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