Company: NEOV
Filing Date: 2025-09-29
Form Type: 10-K
Source: 0001683168-25-007304
Chunk: 310

Company: NeoVolta Inc.
Filing Date: 2025-09-29
Form: 10-K
Item: Item 4
Chunk 310
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 3,511,913  
     61,100 

    Payable to line of credit lender 
     383,538  
     – 
  
    Total liabilities 
     3,895,451  
     61,100 

    Commitments and contingencies (Note 5) 
     –  
     – 

    Stockholders' equity: 

    Common stock, $0.001 par value, 100,000,000 shares authorized,34,124,873 shares and 33,236,091 shares issued and outstanding, respectively 
     34,125  
     33,236 
  
    Additional paid-in capital 
     28,652,731  
     25,304,732 
  
    Accumulated deficit 
     (25,777,134) 
     (20,742,538)
  
    Total stockholders' equity 
     2,909,722  
     4,595,430 

    Total liabilities and stockholders' equity 
    $6,805,173  
    $4,656,530 

See Accompanying Notes to Financial Statements.

 29 

NEOVOLTA INC.

Statements of Operations

    Year Ended June 30, 

    2025  
    2024 

    Revenues from contracts with customers 
    $8,426,835  
    $2,645,072 
  
    Cost of goods sold 
     6,920,130  
     2,134,725 
  
    Gross profit 
     1,506,705  
     510,347 

    Operating expenses: 

    General and administrative 
     6,065,590  
     2,828,147 
  
    Research and development 
     157,305  
     19,154 
  
    Total operating expenses 
     6,222,895  
     2,847,301 

    Loss from operations 
     (4,716,190) 
     (2,336,954)

    Other income (expense): 

    Interest income 
     2,011  
     33,644 
  
    Interest expense 
     (320,417) 
     – 
  
    Total other income (expense) 
     (318,406) 
     33