NEOVOLTA, INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $8.4M | $2.6M | $3.5M | $4.5M | $4.8M |
| Cost of Revenue | $6.9M | $2.1M | $2.8M | $3.8M | $4.2M |
| Gross Profit | $1.5M | $510.3K | $688.0K | $667.1K | $647.7K |
| Gross Margin | 17.9% | 19.3% | 19.9% | 14.9% | 13.4% |
| Operating Expenses | |||||
| Research & Development | $157.3K | $19.2K | $29.9K | $68.5K | $42.8K |
| SG&A Expense | $6.1M | $2.8M | $3.3M | $6.4M | $8.3M |
| Operating Income | $-4.7M | $-2.3M | $-2.6M | $-5.8M | $-7.7M |
| Operating Margin | -56.0% | -88.4% | -76.3% | -128.7% | -158.6% |
| Interest Expense | — | — | $4.1K | $49.5K | $24.5K |
| Pretax Income | — | — | — | — | — |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 |
| Net Income | $-5.0M | $-2.3M | $-2.6M | $-5.8M | $-7.6M |
| Net Margin | -59.7% | -87.1% | -76.4% | -129.8% | -158.5% |
| EPS (Basic) | $-0.15 | $-0.07 | $-0.08 | $-0.28 | $-0.43 |
| EPS (Diluted) | $-0.15 | $-0.07 | $-0.08 | $-0.28 | $-0.43 |
| Shares Outstanding (Basic) | 33.6M | 33.2M | 32.0M | 20.6M | 17.9M |
| Shares Outstanding (Diluted) | 33.6M | 33.2M | 32.0M | 20.6M | 17.9M |
| Dividends Per Share | — | — | — | — | — |