Applied Energetics Q1 FY26 net loss widens 22.61% to $3.81 million; revenue drops to no revenue
APPLIED ENERGETICS INC AERG | 0.00 |
- Applied Energetics posted a net loss of $3.81 million for quarter ended March 31, 2026, widening 22.61% from a year earlier.
- Revenue fell to no revenue from lower contract activity, down 100% to $0 from a year earlier.
- General and administrative expense climbed 25.79% to $3.28 million, while research and development spending increased 16.09% to $375,041.
- Cash and cash equivalents totaled $4.06 million at March 31, 2026, down $2.37 million from Dec. 31, 2025; operating cash outflow was $2.3 million.
- Business updates included continued integration of USP technologies onto Kord Firefly platform, field testing of lasers, and a follow-on University of Rochester contract awarded in April 2026 in excess of $240,000.
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: 0001213900-26-056008), on May 14, 2026, and is solely responsible for the information contained therein.
