Applied Energetics FY25 net loss widens 62% to $15 million
APPLIED ENERGETICS INC
APPLIED ENERGETICS INC AERG | 0.00 |
- Applied Energetics fiscal 2025 net loss widened 62% to $15 million.
- Revenue dropped 81% to $0.46 million due to suspension of work on two customer contracts after funding was discontinued.
- General and administrative expense climbed to $12 million, driving a wider operating loss.
- Cash and cash equivalents rose to $6.4 million on $17 million in proceeds from common stock sales.
- Company opened Battle Lab, began field tests, and said cash on hand plus anticipated contract revenue should cover near-term cash needs.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Applied Energetics Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-036517), on March 30, 2026, and is solely responsible for the information contained therein.
