AERG · XBRL financial data

Applied Energetics financial statements, every quarter

The same tables from 12 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal quarters (AERG's year ends in late December)

In thousands of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Revenue	713	872*	134	781	748	764*	210	70	109	73*	—	62
Cost of revenue	174	145*	274	384	509	313*	64	47	53	48*	—	22
Gross profit	538	727*	(140)	396	239	451*	146	23	56	25*	—	40
Research and development	54	67*	81	38	70	50*	323	336	456	555*	375	699
General and administrative	2,220	2,370*	2,317	2,344	2,457	2,392*	2,610	2,823	3,375	3,352*	3,283	3,418
Total operating expenses	2,368	2,524*	2,473	2,458	2,614	2,579*	3,252	3,809	4,027	4,093*	3,830	4,340
Operating income (loss)	(1,830)	(1,797)*	(2,613)	(2,061)	(2,375)	(2,128)*	(3,106)	(3,786)	(3,971)	(4,068)*	(3,830)	(4,300)
Interest expense	2	—	—	—	—	—	—	—	—	—	—	—
Net income (loss)	(1,811)	(1,783)*	(2,611)	(2,061)	(2,375)	(2,128)*	(3,106)	(3,786)	(3,971)	(4,010)*	(3,808)	(4,279)
Earnings per share, basic USD per share	(0.01)	(0.01)*	(0.01)	(0.01)	(0.01)	(0.01)*	0.00	(0.02)	(0.02)	(0.02)*	(0.02)	(0.02)
Earnings per share, diluted USD per share	(0.01)	(0.01)*	(0.01)	(0.01)	(0.01)	(0.01)*	0.00	(0.02)	(0.02)	—	(0.02)	(0.02)
Weighted average shares, basic thousands of shares	211,133	211,191*	211,323	212,608	213,753	213,862*	217,423	218,427	219,030	240,892*	229,696	229,900
Weighted average shares, diluted thousands of shares	211,133	211,191*	211,323	212,608	213,753	213,862*	217,423	222,134	—	—	229,696	229,900

Balance sheet

CSV

Fiscal quarters (AERG's year ends in late December)

In thousands of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Cash and cash equivalents	2,419	1,320	1,008	2,794	1,608	165	4,285	866	1,332	6,436	4,064	1,117
Accounts receivable	—	568	317	211	190	336	90	0	109	0	0	81
Prepaid and other current assets	—	—	—	41	—	—	—	—	—	—	—	—
Total current assets	3,017	2,036	1,668	3,302	2,026	665	4,530	1,217	1,819	6,969	4,649	2,210
Property and equipment, net	280	435	382	386	329	315	372	1,352	1,301	1,267	1,222	1,172
Right-of-use asset	1,101	1,055	1,008	960	1,137	1,075	1,011	946	879	811	741	670
Total assets	4,415	3,542	3,074	4,664	3,509	2,071	5,930	3,531	4,016	9,065	6,629	4,069
Accounts payable	232	313	250	221	351	258	294	383	274	221	257	540
Accrued liabilities	50	41	77	45	74	63	93	118	259	242	337	200
Total current liabilities	953	927	2,154	698	889	732	766	995	924	840	937	1,398
Lease liability, non-current	1,041	994	947	894	1,019	946	871	837	822	665	576	485
Total liabilities	1,994	1,922	3,101	1,592	1,907	1,678	1,637	1,832	4,746	1,505	1,513	1,884
Accumulated deficit	(109,031)	(110,814)	(113,426)	(115,487)	(117,861)	(119,989)	(123,095)	(126,881)	(130,852)	(134,862)	(138,670)	(142,948)
Total stockholders' equity	2,421	1,620	(27)	3,072	1,602	393	4,292	1,700	(730)	7,560	5,116	2,185
Total liabilities and equity	4,415	3,542	3,074	4,664	3,509	2,071	5,930	3,531	4,016	9,065	6,629	4,069
Common shares outstanding (cover page) thousands of shares	211,177	211,363	213,303	213,646	213,800	218,243	218,321	219,043	223,448	223,836	223,944	230,105

Cash flows

CSV

Fiscal quarters (AERG's year ends in late December)

In thousands of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Net income (loss)	(1,811)	(1,783)*	(2,611)	(2,061)	(2,375)	(2,128)*	(3,106)	(3,786)	(3,971)	(4,010)*	(3,808)	(4,279)
Stock-based compensation	903*	965*	956	921*	979*	913*	992	1,163*	1,507*	1,475*	1,348	1,334*
Depreciation and amortization	37*	37*	52	51*	57*	—	—	—	—	—	—	—
Net cash from operating activities	(509)*	(873)*	(1,542)	(1,128)*	(1,064)*	(1,359)*	(1,732)	(2,396)*	(2,490)*	(2,620)*	(2,296)	(2,828)*
Purchases of property and equipment	107*	191*	—	—	0*	43*	114	1,037*	30*	53*	43	37*
Net cash from investing activities	(107)*	(191)*	—	—	0*	(43)*	(114)	(1,037)*	(30)*	(53)*	(43)	(37)*
Proceeds from issuing common stock	—	—	1,222	2,950*	0*	0*	6,004	0*	0*	3,990*	—	—
Net cash from financing activities	(187)*	(35)*	1,231	2,970*	(122)*	(41)*	5,966	14*	2,987*	7,777*	(32)	(7)*

Compare with peers

Defense primes first (General Dynamics, Northrop Grumman, L3Harris, Huntington Ingalls, RTX), then SIC 3812 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 3812 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Defense primes first (General Dynamics, Northrop Grumman, L3Harris, Huntington Ingalls, RTX), whatever their size; consumer navigation makers are left out.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Companies after the primes are not on that list: each is there for its industry code and size, and is marked “added” with its code.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($K)	Revenue, quarter ($K)	Operating cash flow, quarter ($K)	Shares outstanding	Runway	Quarter
Applied Energetics	1,117	62	(2,828)*	230.1M	0.4 quarters	Q2 FY26 10-QJun 30, 2026
General Dynamics	4,388,000	14,566,000	1,710,000*	270.2M	—	Q3 FY26 10-QOct 4, 2026
Northrop Grumman	3,744,000	11,122,000	1,745,000*	142.1M	—	Q3 FY26 10-QSep 30, 2026
L3harris Technologies	2,471,000	6,060,000	1,439,000*	186.2M	—	Q3 FY26 10-QOct 2, 2026
Huntington Ingalls Industries	387,000	3,537,000	520,000*	39.4M	—	Q3 FY26 10-QSep 30, 2026
RTX	9,173,000	24,965,000	2,868,000*	1.3B	—	Q3 FY26 10-QSep 30, 2026
AIRO Group Holdingsadded: SIC 3721, similar size	26,003	43,180	(31,319)*	31.6M	0.8 quarters	Q2 FY26 10-QJun 30, 2026
Eve Holdingadded: SIC 3721, similar size	52,210	not reported	(47,217)*	348.5M	8.4 quarters	Q2 FY26 10-QJun 30, 2026
Park Aerospaceadded: SIC 3728, similar size	98,326	20,791	(1,450)*	22.0M	—	Q2 FY26 10-QAug 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.