• NeoVolta posted a net loss of $3.03 million for quarter ended March 31, 2026, widening from $1.45 million a year earlier, while revenue was little changed at $2.02 million.
• Gross margin improved to about 46% from about 26%, while general and administrative expense climbed to $3.02 million from $1.86 million.
• Research and development expense jumped to $403,887 from $27,947, while depreciation and amortization rose to $128,458 from no expense a year earlier following an October 2025 asset acquisition from Neubau Energy.
• For nine months ended March 31, 2026, net loss widened to $9.81 million from $3.38 million, while revenue more than doubled to $13.32 million on expansion of sales channels beyond Southern California installers.
• Cash totaled about $11.5 million at March 31, 2026; company expects additional $8 million joint-venture contribution in June 2026 for Georgia utility-scale battery plant, with up to $25 million more through June 30, 2027.

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. NeoVolta 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: 0001683168-26-003941), on May 15, 2026, and is solely responsible for the information contained therein.